The lari (Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri (თეთრი). The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning ‘white’) used in ancient Colchis from the 6th century BC. Earlier Georgian currencies include the maneti, abazi, and Georgian coupon or kuponi (მანეთი, აბაზი and კუპონი, respectively).
GEL Coins
Coins are issued in denominations of 1, 2, 5, 10, 20 and 50 tetri, as well as 1 and 2 lari.
GEL Banknotes
Between November 2016 and October 2019 the National Bank of Georgia released five banknotes (in denominations of ₾5, ₾10, ₾20, ₾50, and ₾100), comprising a new complete set.[8] The 2016–2019 series lari notes are produced by Polish Security Printing Works [pl] (Polish: Polska Wytwórnia Papierów Wartościowych).