FX Rate to USD (End of Period) rose 7.35% yoy to 2.81 per USD in Georgia in 2Q2024

FX rate to USD at the end of period rose 7.35% yoy to 2.81 per USD in Georgia in 2Q2024, according to the National Statistical Office. This is 4.26% more than in the previous quarter.

Historically, FX rate to USD at the end of period in Georgia reached an all time high of 3.41 per USD in 1Q2021 and an all time low of 1.23 per USD in 4Q1995. When compared to Georgia's main peers, FX rate to USD at the end of period in Armenia amounted to 388 per USD, 1.70 per USD in Azerbaijan, 85.7 per USD in Russia and 32.9 per USD in Turkey in 2Q2024.

Georgia has been ranked 96th within the group of 123 countries we follow in terms of FX rate to USD at the end of period, 30 places above the position seen 10 years ago.