Georgia market report: October 2026
In short: The official dollar rate fell from 2.6051 to 2.5992 lari in October 2026 (-0.23%), so the lari strengthened against the dollar. One gram of 585 gold went down from 204.54 GEL to 189.50 GEL. When selling 1,000 dollars, the best and worst offers were on average 51.14 lari apart.
Prepared by: Otar Tevdorashvili · 07.11.2026
What happened to 1,000 lari this month
Best result: US dollar (cash) (-0.23%). Weakest: Silver (-19.30%).
| In | End of month | Change |
|---|---|---|
| US dollar (cash) | 998 ₾ | -0.23% |
| S&P 500 (VOO) | 989 ₾ | -1.09% |
| Euro (cash) | 985 ₾ | -1.48% |
| Gold | 926 ₾ | -7.35% |
| Bitcoin | 925 ₾ | -7.50% |
| Silver | 807 ₾ | -19.30% |
Price change in lari, 30.09.2026 to 31.10.2026, without fees or dividends.
National Bank rates
| Currency | Start of month | End of month | Change |
|---|---|---|---|
| USD | 2.6051 | 2.5992 | -0.23% |
| EUR | 2.9552 | 2.9116 | -1.48% |
| GBP | 3.4478 | 3.4902 | +1.23% |
| TRY | 0.0532 | 0.0520 | -2.26% |
| 100 RUB | 3.0921 | 3.2307 | +4.48% |
Annual inflation: 5.9% (October 2026, Geostat).
Gold and oil
| Start of month | End of month | |
|---|---|---|
| 1 gram of pure gold | 349.65 ₾ | 323.94 ₾ |
| 1 gram of 585 gold | 204.54 ₾ | 189.50 ₾ |
| Brent, 1 barrel | $115.91 | $120.15 |
Exchange gap index
The dollar index averaged 1.95%, ranging from 1.88% to 2.14%. Selling 1,000 dollars, the gap averaged 51.14 lari.
Exchange gap indexMethod
- Official rates are from the National Bank of Georgia. Gold and silver come from gold-api.com, Bitcoin from Binance, VOO from daily exchange closes and Brent from FRED/EIA.
- Lari figures use the National Bank rate of each day. The start of a month is the last day of the month before.
- The exchange gap index uses the cash rates of banks, microfinance organizations and exchange offices, and leaves out card rates.
You may use the data with credit to GFX.GE (CC BY 4.0).
FAQ
Did the lari strengthen or weaken in October 2026?
The official dollar rate fell from 2.6051 to 2.5992 lari in October 2026 (-0.23%), so the lari strengthened against the dollar.
How much did the gold price change in October 2026?
1 gram of pure gold: 349.65 ₾ > 323.94 ₾ (-7.35%). 1 gram of 585 gold: 204.54 ₾ > 189.50 ₾.
What happened to 1,000 lari in different assets in October 2026?
US dollar (cash): 998 ₾; S&P 500 (VOO): 989 ₾; Euro (cash): 985 ₾; Gold: 926 ₾; Bitcoin: 925 ₾; Silver: 807 ₾.
This is historical data, not investment advice.