Bitget converter provides NFT to GEL real-time exchange rates, making it easy to convert APENFT (NFT) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 NFT is currently valued at 0.{5}1275 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NFT is currently valued at 0.{5}1275 GEL, which means buying 5 NFT would cost 0.{5}6375 GEL. Similarly, ₾1 GEL can be converted to 784,263.57 NFT, and ₾50 GEL can be converted to 3,921,317.87 NFT, excluding any platform or gas fees.
Conversion rates
Convert NFT to GEL
Convert GEL to NFT
APENFT
Georgian Lari
1 NFT
0.{5}1275 GEL
Exchange 1 NFT for 0.{5}1275 GEL
2 NFT
0.{5}2550 GEL
Exchange 2 NFT for 0.{5}2550 GEL
5 NFT
0.{5}6375 GEL
Exchange 5 NFT for 0.{5}6375 GEL
10 NFT
0.{4}1275 GEL
Exchange 10 NFT for 0.{4}1275 GEL
20 NFT
0.{4}2550 GEL
Exchange 20 NFT for 0.{4}2550 GEL
50 NFT
0.{4}6375 GEL
Exchange 50 NFT for 0.{4}6375 GEL
100 NFT
0.0001275 GEL
Exchange 100 NFT for 0.0001275 GEL
200 NFT
0.0002550 GEL
Exchange 200 NFT for 0.0002550 GEL
500 NFT
0.0006375 GEL
Exchange 500 NFT for 0.0006375 GEL
1000 NFT
0.001275 GEL
Exchange 1000 NFT for 0.001275 GEL
5000 NFT
0.006375 GEL
Exchange 5000 NFT for 0.006375 GEL
10000 NFT
0.01275 GEL
Exchange 10000 NFT for 0.01275 GEL
In the table above, you'll find a comprehensive NFT to GEL converter that shows the value of APENFT in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 NFT to GEL, all the way up to 10000 NFT, providing a clear view of their respective values.
Georgian Lari
APENFT
1 GEL
784,263.57 NFT
Exchange 1 GEL for 784,263.57 NFT
10 GEL
7,842,635.73 NFT
Exchange 10 GEL for 7,842,635.73 NFT
50 GEL
39,213,178.66 NFT
Exchange 50 GEL for 39,213,178.66 NFT
100 GEL
78,426,357.32 NFT
Exchange 100 GEL for 78,426,357.32 NFT
200 GEL
156,852,714.64 NFT
Exchange 200 GEL for 156,852,714.64 NFT
500 GEL
392,131,786.61 NFT
Exchange 500 GEL for 392,131,786.61 NFT
1000 GEL
784,263,573.22 NFT
Exchange 1000 GEL for 784,263,573.22 NFT
2000 GEL
1,568,527,146.44 NFT
Exchange 2000 GEL for 1,568,527,146.44 NFT
5000 GEL
3,921,317,866.09 NFT
Exchange 5000 GEL for 3,921,317,866.09 NFT
10000 GEL
7,842,635,732.19 NFT
Exchange 10000 GEL for 7,842,635,732.19 NFT
50000 GEL
39,213,178,660.93 NFT
Exchange 50000 GEL for 39,213,178,660.93 NFT
100000 GEL
78,426,357,321.87 NFT
Exchange 100000 GEL for 78,426,357,321.87 NFT
In the table above, you'll find a comprehensive GEL to NFT converter that shows the value of Georgian Lari in APENFT across commonly used conversion amounts. The list covers conversions from 1 GEL to NFT, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, APENFT has changed +1.71% to GEL. Based on the trend and price charts, APENFT(NFT) has changed +1.71% to GEL while Georgian Lari(GEL) has changed % to NFT in the last 24 hours.
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NFT to GEL conversion data: Volatility and price changes of APENFT in GEL
The highest APENFT price in GEL over the past 7 days was 0.{5}1125 GEL while the lowest APENFT price in GEL over the past 7 days was 0.{5}1037 GEL. The relative change between the highs and lows in APENFT price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and NFT to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
APENFT's current market price is ₾0.{5}1275 per NFT, with a total market cap of ₾1,275,068,782.2 GEL based on a circulating supply of 999,990,000,000,000 NFT. The trading volume of APENFT has changed by -63.07% (₾-56,247,396.93 GEL) in the last 24 hours. Last trading day, NFT's trading volume was ₾89,181,359.56.
The Georgian Lari (GEL), introduced in 1995, is more than just the official currency of Georgia; it's a symbol of the country's resilience, sovereignty, and economic evolution. It is commonly abbreviated as GEL and represented by the symbol ₾. Emerging from the shadows of the Soviet Union, Georgia's adoption of the Lari marked a significant step towards establishing a distinct national identity and economic independence.
Historical Background
The introduction of the Lari came at a crucial juncture in Georgia's history. Following the dissolution of the Soviet Union in 1991, Georgia underwent a period of severe economic crisis and political instability. The introduction of the Lari on September 25, 1995, replaced the provisional Coupon currency and symbolized a new beginning for the Georgian economy.
Design and Symbolism
The design of the Georgian Lari reflects the country's rich cultural heritage and history. The banknotes and coins feature prominent Georgian figures from various epochs, important architectural landmarks, and traditional ornamental patterns. These designs serve not only as a medium for economic transactions but also as a celebration of Georgia's identity and pride.
Economic Role
As the primary medium of exchange in Georgia, the Lari underpins all economic activities. Georgia's economy, characterized by its agricultural sector, burgeoning tourism industry, and growing services sector, relies on the stability and value of the Lari. The currency facilitates domestic and international trade, playing a critical role in the country’s economic development.
Monetary Policy and Inflation
The National Bank of Georgia, the country's central bank, is responsible for regulating the Lari. Monetary policies focus on maintaining price stability, controlling inflation, and ensuring a stable financial system. These measures are crucial for bolstering investor confidence and sustaining economic growth.
Bitget crypto-to-fiat exchange data shows that the most popular APENFT currency pair is the NFT to GEL, with for APENFT's currency code being NFT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 NFT to Georgian Lari has changed by -1.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.71%, reaching a high of 0.{5}1111 GEL and a low of 0.{5}1079 GEL . One month ago, the value of 1 NFT was ₾0.{5}1338 GEL , which represents a -5.36% change from its current value. Over the last year, APENFT has changed by
-₾
0.{7}9632GEL
, resulting in a change of -8.01% in its value.
24 hours ago1 month ago1 year ago
Amount
05:00 am today
24 hours ago
24h change
0.5 NFT
₾0.{6}6375
₾0.{6}6282
+1.71%
1 NFT
₾0.{5}1275
₾0.{5}1256
+1.71%
5 NFT
₾0.{5}6375
₾0.{5}6282
+1.71%
10 NFT
₾0.{4}1275
₾0.{4}1256
+1.71%
50 NFT
₾0.{4}6375
₾0.{4}6282
+1.71%
100 NFT
₾0.0001275
₾0.0001256
+1.71%
500 NFT
₾0.0006375
₾0.0006282
+1.71%
1000 NFT
₾0.001275
₾0.001256
+1.71%
NFT to GEL FAQ
How much is 1 APENFT in GEL?
Right now, the price of 1 APENFT (NFT) in Georgian Lari (GEL) is ₾0.{5}1275.
How much NFT can I buy for 1 GEL?
Based on the current exchange rate, you can get 784,263.57 NFT for 1 GEL.
How do I calculate or convert NFT to GEL?
You can use our NFT to GEL calculator at the top of this page to convert any amount of NFT to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 3,921,317.87 NFT, while 5 NFT will cost around 0.{5}6375GEL.
What is the highest price of NFT/GEL in history?
The all-time high price of 1 NFT in GEL is ₾0.{4}2063. It remains to be seen if the value of 1 NFT/GEL will exceed the current all-time high.
What is the price trend of APENFT in GEL?
Over the past 7 days, the exchange rate of APENFT (NFT) has gone down by 1.13%.
Over the last month, the exchange rate of APENFT (NFT) has gone down by 5.36% against Georgian Lari (GEL).
What factors influence the conversion rate of NFT to GEL?
There are many factors that affect the relationship between APENFT and Georgian Lari, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of NFT/GEL. When there is positive news in the market about the widespread adoption of NFT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NFT/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NFT/GEL.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of NFT/GEL. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of APENFT and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular APENFT currency pairs: NFT to US Dollar (USD), NFT to Euro (EUR), NFT to Pound Sterling (GBP), NFT to Canadian Dollar (CAD), NFT to Indian Rupee (INR), NFT to Pakistani Rupee (PKR), NFT to Brazilian Real (BRL), NFT to… The price of APENFT in the US is $0.{6}4723 USD. Additionally, APENFT’s price is €0.{6}4075 EUR in the eurozone, £0.{6}3555 GBP in the UK, C$0.{6}6518 CAD in Canada, ₹0.{4}4117 INR in India, ₨0.0001338 PKR in Pakistan, R$0.{5}2617 BRL in Brazil, and more. The most popular APENFT currency pair is the NFT to Georgian Lari(GEL). The price of 1 APENFT (NFT) in Georgian Lari (GEL) is ₾0.{5}1275.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.