About the AUD/GEL rate
The AUD/GEL rate is how many GEL one Australian dollar buys. It moves constantly with interest-rate expectations, commodity prices and global risk sentiment - see what moves the rate. Tradergy shows the mid-market reference rate and does not forecast where it’s heading. For the 52-week highs and lows and a daily table, see the AUD/GEL rate history.
Related views of this rate: the reverse rate, GEL → AUD, is on the receiving Georgian lari view, and sending Australian dollars to Georgia is covered on the AUD → GEL transfer page. Every AUD pair sits on the convert hub, and to work in more than one currency at once there is the currency converter.
The four reasons the National Bank of Georgia will intervene
Plenty of central banks float their currency. Fewer publish an account of the circumstances in which they will and will not step in. The National Bank of Georgia's statement of its exchange rate policy describes a floating regime in which the rate is determined by macroeconomic fundamentals through the interaction of market demand and supply, adds that foreign exchange intervention is neither a major monetary policy instrument nor frequently used, and then lists what it is for: reserve adequacy, offsetting short-term capital flow fluctuations, balancing the government's own foreign currency operations, and supporting price stability. The float is grounded in free capital mobility and the wish to keep monetary policy independent.
Price stability is where the policy effort goes instead. The Bank targets inflation at 3 per cent over the medium term, a level it justifies as low enough not to distort the decisions of economic agents, and names the policy rate as its instrument, transmitting through interest rate, credit, expectations and exchange rate channels.
What the currency has to absorb is visible in the external accounts, where two earnings of similar size arrive from abroad by quite different routes. In the first quarter of 2025 the Bank recorded the credit side of current transfers at 876.0 million US dollars and travel exports - tourism receipts - at 826.0 million, against a current account deficit of 8.5 per cent of gross domestic product. Transfers were down 5.3 per cent on the year and travel up 2.3 per cent, while compensation of employees fell by 63.3 per cent.
Sources: National Bank of Georgia, optimal exchange rate policy · National Bank of Georgia, inflation target · National Bank of Georgia, monetary policy for price stability · National Bank of Georgia, balance of payments, first quarter 2025