Bitget converter provides IZE to GEL real-time exchange rates, making it easy to convert Galvan (IZE) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 IZE is currently valued at 0.0004466 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IZE is currently valued at 0.0004466 GEL, which means buying 5 IZE would cost 0.002233 GEL. Similarly, ₾1 GEL can be converted to 2,239.23 IZE, and ₾50 GEL can be converted to 11,196.14 IZE, excluding any platform or gas fees.
Conversion rates
Convert IZE to GEL
Convert GEL to IZE
Galvan
Georgian Lari
1 IZE
0.0004466 GEL
Exchange 1 IZE for 0.0004466 GEL
2 IZE
0.0008932 GEL
Exchange 2 IZE for 0.0008932 GEL
5 IZE
0.002233 GEL
Exchange 5 IZE for 0.002233 GEL
10 IZE
0.004466 GEL
Exchange 10 IZE for 0.004466 GEL
20 IZE
0.008932 GEL
Exchange 20 IZE for 0.008932 GEL
50 IZE
0.02233 GEL
Exchange 50 IZE for 0.02233 GEL
100 IZE
0.04466 GEL
Exchange 100 IZE for 0.04466 GEL
200 IZE
0.08932 GEL
Exchange 200 IZE for 0.08932 GEL
500 IZE
0.2233 GEL
Exchange 500 IZE for 0.2233 GEL
1000 IZE
0.4466 GEL
Exchange 1000 IZE for 0.4466 GEL
5000 IZE
2.23 GEL
Exchange 5000 IZE for 2.23 GEL
10000 IZE
4.47 GEL
Exchange 10000 IZE for 4.47 GEL
In the table above, you'll find a comprehensive IZE to GEL converter that shows the value of Galvan in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 IZE to GEL, all the way up to 10000 IZE, providing a clear view of their respective values.
Georgian Lari
Galvan
1 GEL
2,239.23 IZE
Exchange 1 GEL for 2,239.23 IZE
10 GEL
22,392.28 IZE
Exchange 10 GEL for 22,392.28 IZE
50 GEL
111,961.38 IZE
Exchange 50 GEL for 111,961.38 IZE
100 GEL
223,922.76 IZE
Exchange 100 GEL for 223,922.76 IZE
200 GEL
447,845.52 IZE
Exchange 200 GEL for 447,845.52 IZE
500 GEL
1,119,613.79 IZE
Exchange 500 GEL for 1,119,613.79 IZE
1000 GEL
2,239,227.59 IZE
Exchange 1000 GEL for 2,239,227.59 IZE
2000 GEL
4,478,455.18 IZE
Exchange 2000 GEL for 4,478,455.18 IZE
5000 GEL
11,196,137.94 IZE
Exchange 5000 GEL for 11,196,137.94 IZE
10000 GEL
22,392,275.88 IZE
Exchange 10000 GEL for 22,392,275.88 IZE
50000 GEL
111,961,379.41 IZE
Exchange 50000 GEL for 111,961,379.41 IZE
100000 GEL
223,922,758.83 IZE
Exchange 100000 GEL for 223,922,758.83 IZE
In the table above, you'll find a comprehensive GEL to IZE converter that shows the value of Georgian Lari in Galvan across commonly used conversion amounts. The list covers conversions from 1 GEL to IZE, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Galvan has changed +2.92% to GEL. Based on the trend and price charts, Galvan(IZE) has changed +2.92% to GEL while Georgian Lari(GEL) has changed % to IZE in the last 24 hours.
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IZE to GEL conversion data: Volatility and price changes of Galvan in GEL
The highest Galvan price in GEL over the past 7 days was 0.0003606 GEL while the lowest Galvan price in GEL over the past 7 days was 0.0002837 GEL. The relative change between the highs and lows in Galvan price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and IZE to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Galvan's current market price is ₾0.0004466 per IZE, with a total market cap of ₾0 GEL based on a circulating supply of -- IZE. The trading volume of Galvan has changed by +857.07% (₾16,967.92 GEL) in the last 24 hours. Last trading day, IZE's trading volume was ₾1,979.75.
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 Galvan currency pair is the IZE to GEL, with for Galvan's currency code being IZE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 IZE to Georgian Lari has changed by +15.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.92%, reaching a high of 0.0003606 GEL and a low of 0.0003278 GEL . One month ago, the value of 1 IZE was ₾0.0004365 GEL , which represents a +3.05% change from its current value. Over the last year, Galvan has changed by
-₾
0.0002309GEL
, resulting in a change of -40.46% in its value.
24 hours ago1 month ago1 year ago
Amount
23:39 today
24 hours ago
24h change
0.5 IZE
₾0.0002233
₾0.0002185
+2.92%
1 IZE
₾0.0004466
₾0.0004370
+2.92%
5 IZE
₾0.002233
₾0.002185
+2.92%
10 IZE
₾0.004466
₾0.004370
+2.92%
50 IZE
₾0.02233
₾0.02185
+2.92%
100 IZE
₾0.04466
₾0.04370
+2.92%
500 IZE
₾0.2233
₾0.2185
+2.92%
1000 IZE
₾0.4466
₾0.4370
+2.92%
IZE to GEL FAQ
How much is 1 Galvan in GEL?
Right now, the price of 1 Galvan (IZE) in Georgian Lari (GEL) is ₾0.0004466.
How much IZE can I buy for 1 GEL?
Based on the current exchange rate, you can get 2,239.23 IZE for 1 GEL.
How do I calculate or convert IZE to GEL?
You can use our IZE to GEL calculator at the top of this page to convert any amount of IZE to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 11,196.14 IZE, while 5 IZE will cost around 0.002233GEL.
What is the highest price of IZE/GEL in history?
The all-time high price of 1 IZE in GEL is ₾0.1734. It remains to be seen if the value of 1 IZE/GEL will exceed the current all-time high.
What is the price trend of Galvan in GEL?
Over the past 7 days, the exchange rate of Galvan (IZE) has gone up by 15.10%.
Over the last month, the exchange rate of Galvan (IZE) has gone up by 3.05% against Georgian Lari (GEL).
What factors influence the conversion rate of IZE to GEL?
There are many factors that affect the relationship between Galvan 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 IZE/GEL. When there is positive news in the market about the widespread adoption of IZE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IZE/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IZE/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 IZE/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 Galvan and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Galvan currency pairs: IZE to US Dollar (USD), IZE to Euro (EUR), IZE to Pound Sterling (GBP), IZE to Canadian Dollar (CAD), IZE to Indian Rupee (INR), IZE to Pakistani Rupee (PKR), IZE to Brazilian Real (BRL), IZE to… The price of Galvan in the US is $0.0001654 USD. Additionally, Galvan’s price is €0.0001427 EUR in the eurozone, £0.0001245 GBP in the UK, C$0.0002280 CAD in Canada, ₹0.01443 INR in India, ₨0.04634 PKR in Pakistan, R$0.0009162 BRL in Brazil, and more. The most popular Galvan currency pair is the IZE to Georgian Lari(GEL). The price of 1 Galvan (IZE) in Georgian Lari (GEL) is ₾0.0004466.
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.