The Lari (Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri. 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 and abazi.
Georgia replaced the Russian ruble on 5 April 1993 with Kuponi at par. This currency consisted only of banknotes, had no subdivisions and suffered from hyperinflation. Notes were issued in denominations between 1 and 1 million Kuponi, including the somewhat unusual 3, 3000, 30,000 and 150,000 Kuponi.
On October 2, 1995, the government of Eduard Shevardnadze replaced the provisional coupon currency with the Lari, at a rate of one million to one. It has remained fairly stable since then.
On July 8, 2014 Giorgi Kadagidze, Governor of the NBG introduced the winner sign of the national currency to public and its author. Georgian lari got its own sign.