Bitget converter provides FLIP to GEL real-time exchange rates, making it easy to convert Chainflip (FLIP) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 FLIP is currently valued at 1.19 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FLIP is currently valued at 1.19 GEL, which means buying 5 FLIP would cost 5.95 GEL. Similarly, ₾1 GEL can be converted to 0.8404 FLIP, and ₾50 GEL can be converted to 4.2 FLIP, excluding any platform or gas fees.
Conversion rates
Convert FLIP to GEL
Convert GEL to FLIP
Chainflip
Georgian Lari
1 FLIP
1.19 GEL
Exchange 1 FLIP for 1.19 GEL
2 FLIP
2.38 GEL
Exchange 2 FLIP for 2.38 GEL
5 FLIP
5.95 GEL
Exchange 5 FLIP for 5.95 GEL
10 FLIP
11.9 GEL
Exchange 10 FLIP for 11.9 GEL
20 FLIP
23.8 GEL
Exchange 20 FLIP for 23.8 GEL
50 FLIP
59.5 GEL
Exchange 50 FLIP for 59.5 GEL
100 FLIP
118.99 GEL
Exchange 100 FLIP for 118.99 GEL
200 FLIP
237.99 GEL
Exchange 200 FLIP for 237.99 GEL
500 FLIP
594.97 GEL
Exchange 500 FLIP for 594.97 GEL
1000 FLIP
1,189.94 GEL
Exchange 1000 FLIP for 1,189.94 GEL
5000 FLIP
5,949.72 GEL
Exchange 5000 FLIP for 5,949.72 GEL
10000 FLIP
11,899.43 GEL
Exchange 10000 FLIP for 11,899.43 GEL
In the table above, you'll find a comprehensive FLIP to GEL converter that shows the value of Chainflip in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 FLIP to GEL, all the way up to 10000 FLIP, providing a clear view of their respective values.
Georgian Lari
Chainflip
1 GEL
0.8404 FLIP
Exchange 1 GEL for 0.8404 FLIP
10 GEL
8.4 FLIP
Exchange 10 GEL for 8.4 FLIP
50 GEL
42.02 FLIP
Exchange 50 GEL for 42.02 FLIP
100 GEL
84.04 FLIP
Exchange 100 GEL for 84.04 FLIP
200 GEL
168.08 FLIP
Exchange 200 GEL for 168.08 FLIP
500 GEL
420.19 FLIP
Exchange 500 GEL for 420.19 FLIP
1000 GEL
840.38 FLIP
Exchange 1000 GEL for 840.38 FLIP
2000 GEL
1,680.75 FLIP
Exchange 2000 GEL for 1,680.75 FLIP
5000 GEL
4,201.88 FLIP
Exchange 5000 GEL for 4,201.88 FLIP
10000 GEL
8,403.76 FLIP
Exchange 10000 GEL for 8,403.76 FLIP
50000 GEL
42,018.81 FLIP
Exchange 50000 GEL for 42,018.81 FLIP
100000 GEL
84,037.62 FLIP
Exchange 100000 GEL for 84,037.62 FLIP
In the table above, you'll find a comprehensive GEL to FLIP converter that shows the value of Georgian Lari in Chainflip across commonly used conversion amounts. The list covers conversions from 1 GEL to FLIP, all the way up to 100000 GEL, providing a clear view of their respective values.
FLIP to GEL chart
FLIP/GEL: 1 FLIP = 1.19 GEL; 2025/08/03 05:53:54
In the past 1D, Chainflip has changed +3.56% to GEL. Based on the trend and price charts, Chainflip(FLIP) has changed +3.56% to GEL while Georgian Lari(GEL) has changed % to FLIP in the last 24 hours.
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FLIP to GEL conversion data: Volatility and price changes of Chainflip in GEL
The highest Chainflip price in GEL over the past 7 days was 1.1 GEL while the lowest Chainflip price in GEL over the past 7 days was 0.8617 GEL. The relative change between the highs and lows in Chainflip price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and FLIP to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Chainflip's current market price is ₾1.19 per FLIP, with a total market cap of ₾0 GEL based on a circulating supply of -- FLIP. The trading volume of Chainflip has changed by +19.60% (₾516,399.77 GEL) in the last 24 hours. Last trading day, FLIP's trading volume was ₾2,634,786.78.
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 Chainflip currency pair is the FLIP to GEL, with for Chainflip's currency code being FLIP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 FLIP to Georgian Lari has changed by -17.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.56%, reaching a high of 0.9167 GEL and a low of 0.8785 GEL . One month ago, the value of 1 FLIP was ₾1.41 GEL , which represents a -19.69% change from its current value. Over the last year, Chainflip has changed by
-₾
2.83GEL
, resulting in a change of -75.69% in its value.
24 hours ago1 month ago1 year ago
Amount
05:53 am today
24 hours ago
24h change
0.5 FLIP
₾0.5950
₾0.5793
+3.56%
1 FLIP
₾1.19
₾1.16
+3.56%
5 FLIP
₾5.95
₾5.79
+3.56%
10 FLIP
₾11.9
₾11.59
+3.56%
50 FLIP
₾59.5
₾57.93
+3.56%
100 FLIP
₾118.99
₾115.86
+3.56%
500 FLIP
₾594.97
₾579.31
+3.56%
1000 FLIP
₾1,189.94
₾1,158.62
+3.56%
FLIP to GEL FAQ
How much is 1 Chainflip in GEL?
Right now, the price of 1 Chainflip (FLIP) in Georgian Lari (GEL) is ₾1.19.
How much FLIP can I buy for 1 GEL?
Based on the current exchange rate, you can get 0.8404 FLIP for 1 GEL.
How do I calculate or convert FLIP to GEL?
You can use our FLIP to GEL calculator at the top of this page to convert any amount of FLIP to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 4.2 FLIP, while 5 FLIP will cost around 5.95GEL.
What is the highest price of FLIP/GEL in history?
The all-time high price of 1 FLIP in GEL is ₾25.59. It remains to be seen if the value of 1 FLIP/GEL will exceed the current all-time high.
What is the price trend of Chainflip in GEL?
Over the past 7 days, the exchange rate of Chainflip (FLIP) has gone down by 17.28%.
Over the last month, the exchange rate of Chainflip (FLIP) has gone down by 19.69% against Georgian Lari (GEL).
What factors influence the conversion rate of FLIP to GEL?
There are many factors that affect the relationship between Chainflip 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 FLIP/GEL. When there is positive news in the market about the widespread adoption of FLIP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FLIP/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FLIP/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 FLIP/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 Chainflip and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Chainflip currency pairs: FLIP to US Dollar (USD), FLIP to Euro (EUR), FLIP to Pound Sterling (GBP), FLIP to Canadian Dollar (CAD), FLIP to Indian Rupee (INR), FLIP to Pakistani Rupee (PKR), FLIP to Brazilian Real (BRL), FLIP to… The price of Chainflip in the US is $0.4407 USD. Additionally, Chainflip’s price is €0.3803 EUR in the eurozone, £0.3318 GBP in the UK, C$0.6082 CAD in Canada, ₹38.42 INR in India, ₨124.83 PKR in Pakistan, R$2.44 BRL in Brazil, and more. The most popular Chainflip currency pair is the FLIP to Georgian Lari(GEL). The price of 1 Chainflip (FLIP) in Georgian Lari (GEL) is ₾1.19.
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.