This official Georgian currency appeared only in 1995. Besides, the symbol of the currency was introduced only one year ago (in 2014). At present, people of Georgia may use banknotes (1, 2,5,10, 20, 50, 100, 200 lari) and coins (1, 2, 10 lari). One lari consists of 100 tetri. There are some tetri coins as well. Banks of Georgia also monetizes some commemorative lari/tetra coins.