Bitget converter provides GEOD to GEL real-time exchange rates, making it easy to convert GEODNET (GEOD) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 GEOD is currently valued at 0.4061 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GEOD is currently valued at 0.4061 GEL, which means buying 5 GEOD would cost 2.03 GEL. Similarly, ₾1 GEL can be converted to 2.46 GEOD, and ₾50 GEL can be converted to 12.31 GEOD, excluding any platform or gas fees.
Conversion rates
Convert GEOD to GEL
Convert GEL to GEOD
GEODNET
Georgian Lari
1 GEOD
0.4061 GEL
Exchange 1 GEOD for 0.4061 GEL
2 GEOD
0.8121 GEL
Exchange 2 GEOD for 0.8121 GEL
5 GEOD
2.03 GEL
Exchange 5 GEOD for 2.03 GEL
10 GEOD
4.06 GEL
Exchange 10 GEOD for 4.06 GEL
20 GEOD
8.12 GEL
Exchange 20 GEOD for 8.12 GEL
50 GEOD
20.3 GEL
Exchange 50 GEOD for 20.3 GEL
100 GEOD
40.61 GEL
Exchange 100 GEOD for 40.61 GEL
200 GEOD
81.21 GEL
Exchange 200 GEOD for 81.21 GEL
500 GEOD
203.03 GEL
Exchange 500 GEOD for 203.03 GEL
1000 GEOD
406.05 GEL
Exchange 1000 GEOD for 406.05 GEL
5000 GEOD
2,030.27 GEL
Exchange 5000 GEOD for 2,030.27 GEL
10000 GEOD
4,060.53 GEL
Exchange 10000 GEOD for 4,060.53 GEL
In the table above, you'll find a comprehensive GEOD to GEL converter that shows the value of GEODNET in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 GEOD to GEL, all the way up to 10000 GEOD, providing a clear view of their respective values.
Georgian Lari
GEODNET
1 GEL
2.46 GEOD
Exchange 1 GEL for 2.46 GEOD
10 GEL
24.63 GEOD
Exchange 10 GEL for 24.63 GEOD
50 GEL
123.14 GEOD
Exchange 50 GEL for 123.14 GEOD
100 GEL
246.27 GEOD
Exchange 100 GEL for 246.27 GEOD
200 GEL
492.55 GEOD
Exchange 200 GEL for 492.55 GEOD
500 GEL
1,231.37 GEOD
Exchange 500 GEL for 1,231.37 GEOD
1000 GEL
2,462.73 GEOD
Exchange 1000 GEL for 2,462.73 GEOD
2000 GEL
4,925.46 GEOD
Exchange 2000 GEL for 4,925.46 GEOD
5000 GEL
12,313.66 GEOD
Exchange 5000 GEL for 12,313.66 GEOD
10000 GEL
24,627.31 GEOD
Exchange 10000 GEL for 24,627.31 GEOD
50000 GEL
123,136.55 GEOD
Exchange 50000 GEL for 123,136.55 GEOD
100000 GEL
246,273.11 GEOD
Exchange 100000 GEL for 246,273.11 GEOD
In the table above, you'll find a comprehensive GEL to GEOD converter that shows the value of Georgian Lari in GEODNET across commonly used conversion amounts. The list covers conversions from 1 GEL to GEOD, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, GEODNET has changed -4.54% to GEL. Based on the trend and price charts, GEODNET(GEOD) has changed -4.54% to GEL while Georgian Lari(GEL) has changed % to GEOD in the last 24 hours.
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GEOD to GEL conversion data: Volatility and price changes of GEODNET in GEL
The highest GEODNET price in GEL over the past 7 days was 0.5115 GEL while the lowest GEODNET price in GEL over the past 7 days was 0.4396 GEL. The relative change between the highs and lows in GEODNET price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and GEOD to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
GEODNET's current market price is ₾0.4061 per GEOD, with a total market cap of ₾128,785,678.59 GEL based on a circulating supply of 317,164,480 GEOD. The trading volume of GEODNET has changed by +284.10% (₾2,182,002.2 GEL) in the last 24 hours. Last trading day, GEOD's trading volume was ₾768,043.17.
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 GEODNET currency pair is the GEOD to GEL, with for GEODNET's currency code being GEOD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 GEOD to Georgian Lari has changed by -11.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.54%, reaching a high of 0.4719 GEL and a low of 0.4498 GEL . One month ago, the value of 1 GEOD was ₾0.4637 GEL , which represents a -11.36% change from its current value. Over the last year, GEODNET has changed by
-₾
0.006174GEL
, resulting in a change of -1.35% in its value.
24 hours ago1 month ago1 year ago
Amount
20:03 today
24 hours ago
24h change
0.5 GEOD
₾0.2030
₾0.2137
-4.54%
1 GEOD
₾0.4061
₾0.4274
-4.54%
5 GEOD
₾2.03
₾2.14
-4.54%
10 GEOD
₾4.06
₾4.27
-4.54%
50 GEOD
₾20.3
₾21.37
-4.54%
100 GEOD
₾40.61
₾42.74
-4.54%
500 GEOD
₾203.03
₾213.72
-4.54%
1000 GEOD
₾406.05
₾427.43
-4.54%
GEOD to GEL FAQ
How much is 1 GEODNET in GEL?
Right now, the price of 1 GEODNET (GEOD) in Georgian Lari (GEL) is ₾0.4061.
How much GEOD can I buy for 1 GEL?
Based on the current exchange rate, you can get 2.46 GEOD for 1 GEL.
How do I calculate or convert GEOD to GEL?
You can use our GEOD to GEL calculator at the top of this page to convert any amount of GEOD to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 12.31 GEOD, while 5 GEOD will cost around 2.03GEL.
What is the highest price of GEOD/GEL in history?
The all-time high price of 1 GEOD in GEL is ₾1.01. It remains to be seen if the value of 1 GEOD/GEL will exceed the current all-time high.
What is the price trend of GEODNET in GEL?
Over the past 7 days, the exchange rate of GEODNET (GEOD) has gone down by 11.80%.
Over the last month, the exchange rate of GEODNET (GEOD) has gone down by 11.36% against Georgian Lari (GEL).
What factors influence the conversion rate of GEOD to GEL?
There are many factors that affect the relationship between GEODNET 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 GEOD/GEL. When there is positive news in the market about the widespread adoption of GEOD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GEOD/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GEOD/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 GEOD/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 GEODNET and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular GEODNET currency pairs: GEOD to US Dollar (USD), GEOD to Euro (EUR), GEOD to Pound Sterling (GBP), GEOD to Canadian Dollar (CAD), GEOD to Indian Rupee (INR), GEOD to Pakistani Rupee (PKR), GEOD to Brazilian Real (BRL), GEOD to… The price of GEODNET in the US is $0.1504 USD. Additionally, GEODNET’s price is €0.1298 EUR in the eurozone, £0.1135 GBP in the UK, C$0.2076 CAD in Canada, ₹13.12 INR in India, ₨42.02 PKR in Pakistan, R$0.8330 BRL in Brazil, and more. The most popular GEODNET currency pair is the GEOD to Georgian Lari(GEL). The price of 1 GEODNET (GEOD) in Georgian Lari (GEL) is ₾0.4061.
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.