![The major reason behind the appreciation of GEL is the continuous inflow of foreign currency from Russia.” The major reason behind the appreciation of GEL is the continuous inflow of foreign currency from Russia.”](https://factcheck.ge/storage/media/image/2023-05-08/56ea9530-ed9c-11ed-861e-3919a090ffd2.png)
The major reason behind the appreciation of GEL is the continuous inflow of foreign currency from Russia.”
![USD to GEL Forecast: up to 3.037! Dollar to Lari Analysis, Converter, Live Exchange Rates and Prediction, Long-Term & Short-Term Forex (FX) Prognosis USD to GEL Forecast: up to 3.037! Dollar to Lari Analysis, Converter, Live Exchange Rates and Prediction, Long-Term & Short-Term Forex (FX) Prognosis](https://walletinvestorstorage.b-cdn.net/forecast-graphs/13/forex-usd-gel-forecast-components.png?v=1711320931)
USD to GEL Forecast: up to 3.037! Dollar to Lari Analysis, Converter, Live Exchange Rates and Prediction, Long-Term & Short-Term Forex (FX) Prognosis
![Koba Gvenetadze: In 2004-2016 when the GEL exchange rate was stable, the annual inflation rate was 5.6% on average whilst in 2015-2019 when GEL was in depreciation, the inflation rate is less at 3.9% Koba Gvenetadze: In 2004-2016 when the GEL exchange rate was stable, the annual inflation rate was 5.6% on average whilst in 2015-2019 when GEL was in depreciation, the inflation rate is less at 3.9%](https://factcheck.ge/storage/media/image/2020-12-21/f382b9c0-4366-11eb-a920-497982301798.png)
Koba Gvenetadze: In 2004-2016 when the GEL exchange rate was stable, the annual inflation rate was 5.6% on average whilst in 2015-2019 when GEL was in depreciation, the inflation rate is less at 3.9%
![USD to GEL Forecast: up to 3.037! Dollar to Lari Analysis, Converter, Live Exchange Rates and Prediction, Long-Term & Short-Term Forex (FX) Prognosis USD to GEL Forecast: up to 3.037! Dollar to Lari Analysis, Converter, Live Exchange Rates and Prediction, Long-Term & Short-Term Forex (FX) Prognosis](https://walletinvestorstorage.b-cdn.net/forecast-graphs/13/forex-usd-gel-forecast.png?v=1711320931)