Lari definitions
| Word backwards | iral |
|---|---|
| Part of speech | The word "lari" is a noun. In Indonesian, it means "run" or "jogging." |
| Syllabic division | la-ri |
| Plural | The plural of the word lari is also lari. |
| Total letters | 4 |
| Vogais (2) | a,i |
| Consonants (2) | l,r |
Lari: All You Need to Know
In the world of finance and monetary systems, the term lari often comes up. But what exactly is a lari?
Definition of Lari
A lari is the official currency of Georgia, a country located in the Caucasus region of Eurasia. The currency is represented by the symbol "₾" and is subdivided into 100 tetri. The lari has been the currency of Georgia since 1995, replacing the coupons that were used after the dissolution of the Soviet Union.
History and Background
The lari was introduced as the official currency of Georgia on October 2, 1995, as part of the country's efforts to stabilize its economy and promote financial independence. The name "lari" is derived from the ancient Georgian word for hoard or treasure, symbolizing the value and significance of the currency to the Georgian people.
Usage and Exchange Rate
As the official currency of Georgia, the lari is widely used for everyday transactions within the country. The currency is also exchanged on the international market, with its value fluctuating based on various economic factors. The exchange rate of the lari is determined by the National Bank of Georgia, which plays a crucial role in regulating the country's monetary policy and ensuring financial stability.
Conclusion
In conclusion, the lari is an essential part of Georgia's economy and plays a significant role in the country's financial system. Understanding the history, usage, and exchange rate of the lari is important for anyone looking to do business in or travel to Georgia. As the country continues to develop and grow, the value of the lari will remain a key factor in its economic success.
Lari Examples
- The Georgian currency is called the lari.
- She paid for her meal with a 20 lari note.
- The exchange rate for lari to dollars is quite favorable.
- He found a lost lari coin on the sidewalk.
- The price of the dress was 100 lari.
- They visited a lari market to buy fresh produce.
- The Lari language is widely spoken in Georgia.
- She saved up her lari for a new camera.
- The jewelry store displayed a beautiful lari necklace.
- He admired the intricate designs on the lari tapestry.