GEL: Georgian Lari
National currency of the Republic of Armenia managed and regulated by the Central Bank of Armenia (CBA).
Real-time wholesale mid-market rate with zero markup. Compare baseline interbank pricing against Armenian exchange bureau spreads and bank transfer fees.
Historical exchange rate movements based on central bank benchmarks and interbank market liquidity.
Reference tables for common transfer and banknote amounts based on the interbank exchange rate.
| Georgian Lari (GEL) | Armenian Dram (AMD) |
|---|---|
| 1 GEL | 139.06 AMD |
| 5 GEL | 695.30 AMD |
| 10 GEL | 1,390.60 AMD |
| 25 GEL | 3,476.49 AMD |
| 50 GEL | 6,952.98 AMD |
| 100 GEL | 13,905.96 AMD |
| 200 GEL | 27,811.92 AMD |
| 250 GEL | 34,764.90 AMD |
| 500 GEL | 69,529.80 AMD |
| 1,000 GEL | 139,059.60 AMD |
| 2,500 GEL | 347,649.00 AMD |
| 5,000 GEL | 695,298.00 AMD |
| 10,000 GEL | 1,390,596.00 AMD |
| Armenian Dram (AMD) | Georgian Lari (GEL) |
|---|---|
| 1 AMD | 0.01 GEL |
| 5 AMD | 0.04 GEL |
| 10 AMD | 0.07 GEL |
| 25 AMD | 0.18 GEL |
| 50 AMD | 0.36 GEL |
| 100 AMD | 0.72 GEL |
| 200 AMD | 1.44 GEL |
| 250 AMD | 1.80 GEL |
| 500 AMD | 3.60 GEL |
| 1,000 AMD | 7.19 GEL |
| 2,500 AMD | 17.98 GEL |
| 5,000 AMD | 35.96 GEL |
| 10,000 AMD | 71.91 GEL |
Sample transfer simulation for 10,000 GEL
| Provider / Channel | Exchange Rate (GEL/AMD) | Estimated FX Spread | Recipient Gets (for 10,000 GEL) | Difference vs Mid-Market |
|---|---|---|---|---|
|
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LocalExchangeRates (Baseline)
Pure Mid-Market Interbank Wholesale Rate
|
139.0596 | 0.00% (Zero Markup) | 1,390,596.00 AMD | Benchmark |
|
🏢
Licensed Exchange Offices (Yerevan)
Exchange counters in Kentron, SAS, and Yerevan City markets
|
138.1557 | ~0.65% Retail Spread | 1,381,557.13 AMD | -9,038.87 AMD |
|
📱
Money Transfer Operators (Remittance)
Fast international transfers (MoneyGram, Ria, IDpay networks)
|
137.2518 | ~1.30% Transfer Spread | 1,372,518.26 AMD | -18,077.75 AMD |
|
🏛️
Commercial Armenian Bank Wire (SWIFT)
Ameriabank / Ardshinbank / Inecobank / Converse Bank
|
135.1659 | ~2.80% + Wire Fees | 1,351,659.32 AMD | -38,936.69 AMD |
Searches for 1 GEL to AMD, convert GEL to AMD, and GEL AMD rate refer to the same interbank calculation: the amount of Armenian Dram received per Georgian Lari. At today's wholesale baseline of 1 GEL = 139.0596 AMD (inverse: 1 AMD = 0.0072 GEL), key considerations for individuals and remitters include:
Monetary specifications and regulatory details for Georgian Lari and Armenian Dram.
National currency of the Republic of Armenia managed and regulated by the Central Bank of Armenia (CBA).
Official monetary unit of Georgia overseen by Central Bank of Armenia (CBA).
When converting between Georgian Lari (GEL) and Armenian Dram (AMD), understanding the local financial market ensures you obtain competitive rates without excessive spreads. In Armenia, foreign cash exchange is highly active, with licensed exchange booths across Yerevan (especially in Kentron, along Northern Avenue, Mashtots Avenue, and inside SAS / Yerevan City supermarkets) offering narrow margins.
The Armenian Dram circulates in banknote denominations of 1000, 2000, 5000, 10,000, 20,000, 50,000, and 100,000 AMD. When converting foreign cash into AMD, verify that banknotes are crisp and unblemished, as Armenian cashiers and exchange booths strictly inspect foreign paper notes for any defects or marks.
Under Eurasian Economic Union (EAEU) customs legislation and Central Bank of Armenia regulations, travelers entering or departing Armenia via Zvartnots International Airport (EVN) carrying physical currency or monetary instruments valued at $10,000 USD or more (or equivalent foreign currency) must declare the funds on an official customs declaration form.
Common questions about GEL to AMD conversion, market spreads, and remittance guidelines in Armenia.
At today's interbank rate (1 GEL = 139.0596 AMD), 100,000 GEL converts to approximately 13,905,960.03 AMD (inverse: 1 AMD = 0.0072 GEL). Licensed exchange bureaus typically charge a competitive retail spread between 0.5% and 1.2%.
Yes. Licensed exchange booths across central Yerevan (along Northern Avenue, Amiryan Street, and inside major supermarkets) routinely handle major international and regional currencies with narrow spreads.
The cross rate is established by international foreign exchange markets, benchmark rate fixings published by the Central Bank of Armenia (CBA), and policy indicators from National Bank of Georgia (NBG).
Travelers entering or leaving Armenia carrying physical cash or monetary instruments equal to or exceeding 10,000 USD (or equivalent in foreign currency) are legally required to file a customs declaration at border checkpoints or Zvartnots Airport.
Find licensed exchange offices and regional currency trading hubs.
Check related live exchange rates and official interbank currency calculators.