Bitget converter provides GRASS to GEL real-time exchange rates, making it easy to convert grass (GRASS) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 GRASS is currently valued at 1.79 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GRASS is currently valued at 1.79 GEL, which means buying 5 GRASS would cost 8.96 GEL. Similarly, ₾1 GEL can be converted to 0.5580 GRASS, and ₾50 GEL can be converted to 2.79 GRASS, excluding any platform or gas fees.
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Conversion rates
Convert GRASS to GEL
Convert GEL to GRASS
grass
Georgian Lari
1 GRASS
1.79 GEL
Exchange 1 GRASS for 1.79 GEL
2 GRASS
3.58 GEL
Exchange 2 GRASS for 3.58 GEL
5 GRASS
8.96 GEL
Exchange 5 GRASS for 8.96 GEL
10 GRASS
17.92 GEL
Exchange 10 GRASS for 17.92 GEL
20 GRASS
35.84 GEL
Exchange 20 GRASS for 35.84 GEL
50 GRASS
89.6 GEL
Exchange 50 GRASS for 89.6 GEL
100 GRASS
179.2 GEL
Exchange 100 GRASS for 179.2 GEL
200 GRASS
358.4 GEL
Exchange 200 GRASS for 358.4 GEL
500 GRASS
896 GEL
Exchange 500 GRASS for 896 GEL
1000 GRASS
1,791.99 GEL
Exchange 1000 GRASS for 1,791.99 GEL
5000 GRASS
8,959.95 GEL
Exchange 5000 GRASS for 8,959.95 GEL
10000 GRASS
17,919.9 GEL
Exchange 10000 GRASS for 17,919.9 GEL
In the table above, you'll find a comprehensive GRASS to GEL converter that shows the value of grass in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 GRASS to GEL, all the way up to 10000 GRASS, providing a clear view of their respective values.
Georgian Lari
grass
1 GEL
0.5580 GRASS
Exchange 1 GEL for 0.5580 GRASS
10 GEL
5.58 GRASS
Exchange 10 GEL for 5.58 GRASS
50 GEL
27.9 GRASS
Exchange 50 GEL for 27.9 GRASS
100 GEL
55.8 GRASS
Exchange 100 GEL for 55.8 GRASS
200 GEL
111.61 GRASS
Exchange 200 GEL for 111.61 GRASS
500 GEL
279.02 GRASS
Exchange 500 GEL for 279.02 GRASS
1000 GEL
558.04 GRASS
Exchange 1000 GEL for 558.04 GRASS
2000 GEL
1,116.08 GRASS
Exchange 2000 GEL for 1,116.08 GRASS
5000 GEL
2,790.19 GRASS
Exchange 5000 GEL for 2,790.19 GRASS
10000 GEL
5,580.39 GRASS
Exchange 10000 GEL for 5,580.39 GRASS
50000 GEL
27,901.94 GRASS
Exchange 50000 GEL for 27,901.94 GRASS
100000 GEL
55,803.88 GRASS
Exchange 100000 GEL for 55,803.88 GRASS
In the table above, you'll find a comprehensive GEL to GRASS converter that shows the value of Georgian Lari in grass across commonly used conversion amounts. The list covers conversions from 1 GEL to GRASS, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, grass has changed -0.85% to GEL. Based on the trend and price charts, grass(GRASS) has changed -0.85% to GEL while Georgian Lari(GEL) has changed % to GRASS in the last 24 hours.
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GRASS to GEL conversion data: Volatility and price changes of grass in GEL
The highest grass price in GEL over the past 7 days was 2.6 GEL while the lowest grass price in GEL over the past 7 days was 1.73 GEL. The relative change between the highs and lows in grass price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and GRASS to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
1.84 GEL
2.6 GEL
2.09 GEL
6.04 GEL
Low
1.73 GEL
1.73 GEL
1.73 GEL
1.73 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-0.85%
-29.08%
-12.69%
-63.20%
Buy
Sell
Buy GRASS (or USDT) for GEL (Georgian Lari) offers
grass's current market price is ₾1.79 per GRASS, with a total market cap of ₾-- GEL based on a circulating supply of -- GRASS. The trading volume of grass has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, GRASS's trading volume was ₾--.
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 grass currency pair is the GRASS to GEL, with for grass's currency code being GRASS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 GRASS to Georgian Lari has changed by -29.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.85%, reaching a high of 1.84 GEL and a low of 1.73 GEL . One month ago, the value of 1 GRASS was ₾2.05 GEL , which represents a -12.69% change from its current value. Over the last year, grass has changed by
+₾
1.66GEL
, resulting in a change of +1226.80% in its value.
24 hours ago1 month ago1 year ago
Amount
15:42 today
24 hours ago
24h change
0.5 GRASS
₾0.8960
₾0.9037
-0.85%
1 GRASS
₾1.79
₾1.81
-0.85%
5 GRASS
₾8.96
₾9.04
-0.85%
10 GRASS
₾17.92
₾18.07
-0.85%
50 GRASS
₾89.6
₾90.37
-0.85%
100 GRASS
₾179.2
₾180.74
-0.85%
500 GRASS
₾896
₾903.69
-0.85%
1000 GRASS
₾1,791.99
₾1,807.38
-0.85%
GRASS to GEL FAQ
How much is 1 grass in GEL?
Right now, the price of 1 grass (GRASS) in Georgian Lari (GEL) is ₾1.79.
How much GRASS can I buy for 1 GEL?
Based on the current exchange rate, you can get 0.5580 GRASS for 1 GEL.
How do I calculate or convert GRASS to GEL?
You can use our GRASS to GEL calculator at the top of this page to convert any amount of GRASS to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 2.79 GRASS, while 5 GRASS will cost around 8.96GEL.
What is the highest price of GRASS/GEL in history?
The all-time high price of 1 GRASS in GEL is ₾10.7. It remains to be seen if the value of 1 GRASS/GEL will exceed the current all-time high.
What is the price trend of grass in GEL?
Over the past 7 days, the exchange rate of grass (GRASS) has gone down by 29.08%.
Over the last month, the exchange rate of grass (GRASS) has gone down by 12.69% against Georgian Lari (GEL).
What factors influence the conversion rate of GRASS to GEL?
There are many factors that affect the relationship between grass 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 GRASS/GEL. When there is positive news in the market about the widespread adoption of GRASS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GRASS/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GRASS/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 GRASS/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 grass and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular grass currency pairs: GRASS to US Dollar (USD), GRASS to Euro (EUR), GRASS to Pound Sterling (GBP), GRASS to Canadian Dollar (CAD), GRASS to Indian Rupee (INR), GRASS to Pakistani Rupee (PKR), GRASS to Brazilian Real (BRL), GRASS to… The price of grass in the US is $0.6637 USD. Additionally, grass’s price is €0.5726 EUR in the eurozone, £0.4996 GBP in the UK, C$0.9160 CAD in Canada, ₹57.85 INR in India, ₨185.43 PKR in Pakistan, R$3.68 BRL in Brazil, and more. The most popular grass currency pair is the GRASS to Georgian Lari(GEL). The price of 1 grass (GRASS) in Georgian Lari (GEL) is ₾1.79.
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.