Lari
24 November 2014 |
USD |
|
24 February 2015 |
USD |
USD
JumpStart’s Winter 2014-2015
Lari Depreciation Calculator
Lari Depreciation Calculator
The Georgian Lari has depreciated by 22.35% in value against the U.S. Dollar (USD) in the three months between November 2014 and February 2015.
24 November 2014: 1 USD = 1.79 Lari
24 February 2015: 1 USD = 2.19 Lari
According to Forbes, Bidzina Ivanishvili, Georgia’s richest person and former Prime Minister,
has a net worth of 5,200,000,000 USD. If he had his money saved in Lari, his net worth would have decreased by 949,771,689.50 USD during these three months.
has a net worth of 5,200,000,000 USD. If he had his money saved in Lari, his net worth would have decreased by 949,771,689.50 USD during these three months.
How has the Lari depreciation affected your net worth?
How Does This Work?
It is pretty simple, actually.
The calucalator divides your net worth by each of the exchange rates (1.79 and 2.19) to convert your Lari into USD.
Then the difference is taken between the two numbers to see how much your net worth had decreased.
That's it!
