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20 Lari
| Issuer | National Bank of Georgia |
|---|---|
| Year | 1999 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Lari (1995-date) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ილია ჭავჭავაძე 1837 - 1907 |
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| Protection type | Watermark, Security thread |
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| Comments |
Georgia's 1999 banknote series, of which this is part, was produced as the country worked to stabilize the lari following its introduction in 1995 — itself a replacement for the short-lived kupon lari, which had collapsed under hyperinflation reaching tens of thousands of percent annually in the early post-Soviet years. The lari's introduction was a deliberate break from that chaos, backed by IMF support and a currency board-style discipline that the kupon had never had.
Giesecke & Devrient handled production of the early lari series, a common choice for post-Soviet states building credible note programs from scratch.