Exchange Rate in Georgia

Georgia Exchange Rate | Economic News & Forecasts

Georgia - Exchange Rate

According to preliminary data, annual growth accelerated to 4.5% in Q4 2018 (Q3: +3.7%). This brought the expansion for the whole year to 4.7%, a notch below the previous year’s result. A rebound in manufacturing activity, as well as a marked improvement in the construction sector following the largest contraction in five years in Q3, drove the quarterly acceleration. Meanwhile, quickening retail trade activity and higher turnover in hotels and restaurants hinted at healthy consumer demand dynamics in Q4, which was likely propped up by lower inflation and healthy labor market conditions. On a less positive note, foreign direct investment slumped significantly in 2018, weighing on overall growth. Moreover, metrics from the first quarter of this year appear less upbeat, as reflected by economic activity growth slowing in January-February.

Georgia - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)1.74  1.88  2.11  2.66  2.59  

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Georgia Exchange Rate Chart


Georgia Exchange Rate
Note: Exchange Rate (vs USD)
Source: Thomson Reuters.

Georgia Facts

ValueChangeDate
Exchange Rate2.700.0 %Apr 22
Stock Market0.10.55 %Apr 22

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