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Tag Archives: banknotes

New 5 GEL Banknote Releases Today

Georgia’s new 5 GEL banknotes, with a renewed color and size came into circulation from September first. The front side of the upgraded 5 GEL features Ivane Javakhishvili Tbilisi State University building – the portrait of Ivane Javakhishvili himself is also be improved relief quality and volume. New 5-GEL ones …

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New 100 GEL Banknotes Appear in Turnover

National Bank of Georgia (NBG) injected new 100-GEL banknotes in turnover. The new banknotes will run in turnover jointly with old patterns. The banknote is of violet color and its dimensions make up 70mmx142mm. The banknote foreside depicts the image of Shota Rustaveli with indication – Shota Rustaveli XII century, …

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Georgia will Enjoy Renewed 100 GEL Banknotes From November

From November the new 100 GEL banknote will be introduced into circulation alongside the existing currency. The new money will depict the same iconic faces but will have a vastly different and more vibrant look with additional elements. The front side features a 12th-century Georgian poet Shota Rustaveli, while the back side …

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Security Features on Georgian Currency Notes to avoid Money Laundering

Security Features on Georgian Currency Notes to avoid Money Laundering

Georgian Lari (GEL) is the only legal tender in the country. “Lari” is the old Georgian word meaning treasure and property. “Tetri” is one-hundredth part of Georgian Lari. Since 1995, 1, 2, 10, 20, 50 and 100 lari denominated banknotes were in circulation within the country adding 1, 2, 5, 10, 20, and …

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Liberty Bank’s s Special Statement on Counterfeit 20-GEL Banknotes

Liberty Bank’s s Special Statement on Counterfeit 20-GEL Banknotes

Liberty Bank has released a special statement on 20-GEL counterfeit banknotes. “We would like to comment on the information that was spread today on withdrawal of 20-GEL banknotes from a Liberty Bank ATM terminal. Liberty Bank has introduced cutting-edge standards for providing currency turnover security in the bank network and …

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Upgraded Lari Banknotes Win Best Regional Banknote Award of 2016

Upgraded Lari Banknotes Win Best Regional Banknote Award of 2016

According to a press release, on 1 February 2016 the National Bank of Georgia introduced revised 20, 50 and 100-lari notes. The revised 5- and 10-lari notes have not yet been issued, but is still expected in 2016. Designed by Bacha Malazonia, the notes have revised designs/colors/dimensions and security features …

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Georgia Releases its Brand New Banknotes

Georgian money banknotes

On February 1 the National Bank of Georgia put new banknotes 20 and 50 GEL into turnover. The 100 GEL banknotes will appear in the turnover later and the NBG will preliminary inform the society. The well-known themes from the previous banknotes have been maintained on the new banknotes too. …

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Georgia’s Renewed Banknotes Will Circulate From Today

Renewed banknotes will appear in Georgia from February first, 20, 50 and 100 GEL banknotes are changed in color and size. The new money will depict the same iconic faces but will have a vastly different and more vibrant look with additional elements. The 20 GEL note has brighter red color, …

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Russia is Issuing New Banknotes with Crimea on Them

Russia confirmed that on one side of the note it shows a Crimean landmark — the “Swallow’s Nest” castle — while on the other side it shows”scuttled ships in Sevastopol Bay.” Nearly two years ago, the Ukrainian peninsula of Crimea was controversially “reunified” with Russia by way of well equipped, …

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Georgia Renews National Banknote Design

Renewed Lari

Today, National Bank of Georgia introduced renewed GEL banknotes, which have not changed since 1995. Banknotes are big part of national identity, which make country different and unique. That’s why it needs to be renewed. Substantial changes of Lari has not occurred since 1995, so renewing it was really necessary. …

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