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50 Lari

Issuer National Bank of Georgia
Year 1995
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Composition Cotton paper
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Obverse lettering საქართველოს რესპუბლიკა ორმოცდაათი ლარი 1999 საქართველოს ეროვნული ბანკი
(Translation: Republic of Georgia, Fifty Lari, National Bank of Georgia)
Reverse description Central vignette drawn from a Georgian miniature manuscript, presenting the astrological sign of Sagittarius in a medieval artistic style. The numeral 50 appears alongside bilingual inscriptions in Georgian script and Latin characters. Decorative guilloche patterning frames the design.
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Comments

Georgia's 1995 series was the country's first fully independent national currency, introduced after the chaotic transitional "coupon" period of 1993–1994 when the mkhari and then the lari coupon circulated amid hyperinflation that at its peak exceeded 7,000 percent annually. The permanent lari, introduced in September 1995, replaced coupons at 1,000,000 to one — a ratio that tells you everything about what preceded it.

Giesecke & Devrient had become the default printer for several post-Soviet states navigating new monetary identities in the 1990s. The security specification here is notably thin for the period — watermark only, no security thread — reflecting the budget constraints of a newly independent state ordering its first sovereign issue.

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