The national currency again depreciated. According to a new exchange rate set by the National Bank of Georgia on October 31, the official value of 1 USD is 2.9632 GEL. The current rate was 2.9545 GEL.
The GEL also depreciated against the Euro. According to official figures, the value of 1 Euro is 3.2963 GEL, while the current rate is 3.2739 GEL.
As for the pound, its value is depreciated and on October 31 it is worth 3.8184 GEL. Today"s rate was 3.7909.