JumpStart’s Winter 2014-2015 Lari Depreciation Calculator
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The Georgian Lari has depreciated by 18.18% in value against the U.S. Dollar (USD) in the three months between November 2014 and February 2015.
Lari Depreciation Calculator which enables viewers to see ho much they have lost in the last 3 months because of the Lari depreciation.
Georgia's former Prime Minister, Bidzina Ivanishvili, who happens to be the richest man in the country, stated in several interviews that the Lari depreciation is a normal process and the Georgian Lari is a healthy and adequate currency.
According to Forbes, Bidzina Ivanishvili has a net worth of 5,200,000,000 USD. By our calculations, if he had his money saved in Lari, his net worth would have decreased by 800,000,000 USD during these three months.