Georgian National Currency Acquires New Symbol
17 July, 2014
Georgian National Currency Acquires New Symbol
On June 8, George Kadagidze, President of the National Bank of Georgia, made a presentation of the official symbol of the Georgian National Currency, the Lari. It is based on the graphic outline of Lasi (Georgian alphabetic name for the letter ‘L’).

The author of the concept, painter-designer Malkhaz Shvelidze, has been occupied with numismatics for the last 30 years. He says that he has tried to make the Lari symbol resemble to not only the symbol of Euro but
also to make it more or less similar to all currencies that are in the turnover in Georgia when it comes to their exchanging with our national money. According to the world practice, one or two parallel lines cross the symbol (take the dollar and Euro, for example). The Georgian Lari will not be an exception.
To the question of Georgian Journal—how this idea came to him, Mr. Shvelidze answered: “First I did it in the early 1990s when the contest of anniversary coins was held in Tbilisi. I just transferred it on paper.”
The painter-designer is strongly convinced that every state that respects itself has such a symbol of the currency and that will by all means serve for the benefit of the country sooner or later. “It is as important as the flag and coat of arms. Of course, it is more significant now, when we have signed the associated agreement with EU. This is one of the attributes of state symbolism.”
The head of the Georgian National Bank, Kadagidze believes that creating the Lari symbol is one small but important step in terms of its further popularization and trustworthiness in the international arena. The next step according to Mr. Kadagidze will be using the new symbol of the Georgian national currency Lari in various unicodes. It is not yet known when the Lari currency will start to actually bear this symbol on paper money that is in circulation.
The Georgian National Bank opened the doors for a competition regarding the creation of the Lari symbol in December 2013. A temporary commission was formed, staffed with the representatives from the National Bank, the Financial-budgetary Committee of the Parliament, the State Council for Heraldics, as well as those from the Ministry of Culture and Monuments Protection,the Ministry of Education and Science and the Academy of Fine Arts.

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USD
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EUR
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EUR
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GBP
1
GBP
3.6878
RUB
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RUB
4.6066
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