Economy
Posted: 1 month ago

National Bank of Georgia Upgrades 10 Lari Banknotes

Upgraded banknotes in denominations of 10 lari will be in circulation in Georgia from October.

President of the National Bank has already issued a decree according to which new banknotes will become a legal tender.

A new portrait of Georgian poet Akaki Tsereteli with an improved quality alongside an excerpt from his poem and swallow's image will be placed оn the face of the banknote.

A picture by the Georgian painter and graphic artist David Kakabadze entitled “Imereti is my mother” and the state emblem of Georgia will be placed on the back of the banknote.

The circulation of the upgraded banknotes has been arranged in stages. Upgraded banknotes in denominations of 20 and 50 lari were in circulation since February 1, 2016. Upgraded banknotes in denomination of 100 lari were in circulation since November 1, 2016. Upgraded banknotes in denomination of 5 lari were in circulation since September 1, 2017.