Skip to main content

GEL to EUR - Georgian Lari to Euro Converter

Convert Georgian Lari to Euro with daily ECB exchange rates

1 GEL = ~0.3149 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

GEL to EUR moves follow regional inflation and ECB signals; expect gradual shifts rather than sudden spikes.

Track Georgian National Bank and ECB remarks; small differences matter for large sums.

✈️ Travel budgeting💼 Cross-border invoicing💸 Remittance estimates

Common GEL - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Active
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

The rate is driven by Georgian monetary policy, inflation, and external euro-area signals. Global risk sentiment, trade balances with EU partners, and geopolitical developments also matter for daily moves.

Economic Context

Trading Relationship

Georgian trade with Europe relies on euro-denominated markets for goods and services. GEL/EUR movements influence import costs for Georgian manufacturers and pricing competitiveness for European buyers.

Key Rate Factors

  • •Georgian central bank policy and inflation trajectory
  • •European Central Bank monetary policy and euro zone growth
  • •US/global risk sentiment and its spillovers
  • •Geopolitical stability affecting capital flows
  • •Trade balances and tariffs between Georgia and EU partners

Central Banks

National Bank of Georgia
Tbilisi, Georgia
Sets monetary policy for Georgia, targets price stability, and regulates the money supply to influence inflation and economic growth.
European Central Bank
Frankfurt, Germany
The euro area’s central bank. Determines euro-area monetary policy, manages inflation, and oversees financial stability across member states.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates