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1.00 USD = 1.72492 GEL
US Dollar Georgian Lari
1 USD = 1.72492 GEL 1 GEL = 0.579738 USD
Convert again GEL/USD thumbnailView Chart Mid-market rates: 2014-07-31 15:34 UTC

XE Market Analysis

  • North American Edition2014-07-31 10:40 UTC

    The dollar extended post-GDP gains against sterling and the Aussie dollar, though remained below yesterday's peaks versus the euro and yen. News that Argentina is heading for a default didn't have much impact on the main currencies, while a dip in Eurozone inflation figures didn't surprise after the soft German and Spanish data of yesterday. EUR-USD dipped to intraday lows under 1.3390 following the dip to 0.4% y/y in the July flash estimate of Eurozone ... Read More 

  • European Edition2014-07-31 06:39 UTC

    The dust settled after yesterday's USD surge on the solid U.S. GDP print. EUR-USD flat-lined in the high 1.33s after making a 1.3367 eight-month low yesterday. The drop came concomitantly with a dip in the 10-year Bund over T-note yield differential, which sank to near major-trend lows around -138 bp. The FOMC announcement subsequently helped cool market action, with the Fed indicating that it remains in no rush to begin rate lift-off. News that ... Read More 

  • Asian Edition2014-07-30 19:21 UTC

    The dollar rallied after a decent ADP jobs survey, and a much stronger first look at Q2 GDP. EUR-USD fell from near 1.3400 to trend lows of 1.3367 after the data, and stayed down into the FOMC announcement. USD-JPY rallied to nearly three-month highs, topping out at 103.01 ahead of the Fed. The FOMC statement didn't offer up too many surprises, though the dollar initially rallied, as the Fed noted improvement in the job market. Gains were short loved ... Read More 

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