GEL black market rate on Aug 17, 2026: 2.54 per USD
On Monday, August 17, 2026, the US dollar traded at about 2.54 GEL on Georgia's parallel (black) market at the close of observations. The day opened at 2.53 GEL, reached a high of 2.58 and a low of 2.5, a trading range of 0.08 GEL (3.41%).
Across 288 observations, the average price to buy dollars was 2.57 GEL and the average price received when selling dollars was 2.58 GEL. Over the session the Georgian Lari weakened against the dollar (+0.40% from open to close).
Official rate vs black market rate on Aug 17, 2026
The official exchange rate published for Georgia on this date was 2.61 GEL per USD. The parallel-market close of 2.54 GEL therefore implied a premium of -2.68% over the official rate — a discount to the official rate, which is unusual and often reflects thin or one-sided quotes.
How Aug 17, 2026 compares
Compared with the previous observed day (Aug 16, 2026, close 2.54 GEL), the rate moved +0.20%.
One week earlier (Aug 10, 2026) the close was 2.54 GEL, so the weekly change was 0.00%.
Thirty days earlier (Jul 18, 2026) the close was 2.59 GEL, a -1.93% move over the month.
How this daily figure is produced
ETCurrency samples Georgia's USD/GEL parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Aug 17, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Georgian Lari black market rate on Aug 17, 2026?
- The USD to GEL parallel market rate closed at approximately 2.54 GEL per US dollar on Monday, August 17, 2026, after trading between 2.5 and 2.58 GEL.
- How much did the GEL move against the dollar that day?
- From an open of 2.53 to a close of 2.54 GEL, the parallel rate moved +0.40% on Aug 17, 2026.
- What was the gap between the official and black market GEL rate on that date?
- The official rate was 2.61 GEL per USD versus a parallel close of 2.54 GEL, a premium of -2.68%.
- Was the GEL black market rate higher or lower than the day before?
- Higher: the previous observed close was 2.54 GEL on Aug 16, 2026, a change of +0.20%.
Figures are aggregated parallel-market observations for Georgia in UTC and are indicative only; they are not a quote to trade. See the full USD → Georgian Lari history or today's live rate.