Bitget converter provides IDEX to GEL real-time exchange rates, making it easy to convert IDEX (IDEX) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 IDEX is currently valued at 0.07411 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IDEX is currently valued at 0.07411 GEL, which means buying 5 IDEX would cost 0.3705 GEL. Similarly, ₾1 GEL can be converted to 13.49 IDEX, and ₾50 GEL can be converted to 67.47 IDEX, excluding any platform or gas fees.
Conversion rates
Convert IDEX to GEL
Convert GEL to IDEX
IDEX
Georgian Lari
1 IDEX
0.07411 GEL
Exchange 1 IDEX for 0.07411 GEL
2 IDEX
0.1482 GEL
Exchange 2 IDEX for 0.1482 GEL
5 IDEX
0.3705 GEL
Exchange 5 IDEX for 0.3705 GEL
10 IDEX
0.7411 GEL
Exchange 10 IDEX for 0.7411 GEL
20 IDEX
1.48 GEL
Exchange 20 IDEX for 1.48 GEL
50 IDEX
3.71 GEL
Exchange 50 IDEX for 3.71 GEL
100 IDEX
7.41 GEL
Exchange 100 IDEX for 7.41 GEL
200 IDEX
14.82 GEL
Exchange 200 IDEX for 14.82 GEL
500 IDEX
37.05 GEL
Exchange 500 IDEX for 37.05 GEL
1000 IDEX
74.11 GEL
Exchange 1000 IDEX for 74.11 GEL
5000 IDEX
370.54 GEL
Exchange 5000 IDEX for 370.54 GEL
10000 IDEX
741.07 GEL
Exchange 10000 IDEX for 741.07 GEL
In the table above, you'll find a comprehensive IDEX to GEL converter that shows the value of IDEX in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 IDEX to GEL, all the way up to 10000 IDEX, providing a clear view of their respective values.
Georgian Lari
IDEX
1 GEL
13.49 IDEX
Exchange 1 GEL for 13.49 IDEX
10 GEL
134.94 IDEX
Exchange 10 GEL for 134.94 IDEX
50 GEL
674.7 IDEX
Exchange 50 GEL for 674.7 IDEX
100 GEL
1,349.4 IDEX
Exchange 100 GEL for 1,349.4 IDEX
200 GEL
2,698.8 IDEX
Exchange 200 GEL for 2,698.8 IDEX
500 GEL
6,746.99 IDEX
Exchange 500 GEL for 6,746.99 IDEX
1000 GEL
13,493.98 IDEX
Exchange 1000 GEL for 13,493.98 IDEX
2000 GEL
26,987.96 IDEX
Exchange 2000 GEL for 26,987.96 IDEX
5000 GEL
67,469.89 IDEX
Exchange 5000 GEL for 67,469.89 IDEX
10000 GEL
134,939.78 IDEX
Exchange 10000 GEL for 134,939.78 IDEX
50000 GEL
674,698.89 IDEX
Exchange 50000 GEL for 674,698.89 IDEX
100000 GEL
1,349,397.78 IDEX
Exchange 100000 GEL for 1,349,397.78 IDEX
In the table above, you'll find a comprehensive GEL to IDEX converter that shows the value of Georgian Lari in IDEX across commonly used conversion amounts. The list covers conversions from 1 GEL to IDEX, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, IDEX has changed +2.51% to GEL. Based on the trend and price charts, IDEX(IDEX) has changed +2.51% to GEL while Georgian Lari(GEL) has changed % to IDEX in the last 24 hours.
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IDEX to GEL conversion data: Volatility and price changes of IDEX in GEL
The highest IDEX price in GEL over the past 7 days was 0.05527 GEL while the lowest IDEX price in GEL over the past 7 days was 0.04667 GEL. The relative change between the highs and lows in IDEX price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and IDEX to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
IDEX's current market price is ₾0.07411 per IDEX, with a total market cap of ₾71,342,947.48 GEL based on a circulating supply of 962,700,160 IDEX. The trading volume of IDEX has changed by -84.56% (₾-194,151,296.03 GEL) in the last 24 hours. Last trading day, IDEX's trading volume was ₾229,591,770.5.
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 IDEX currency pair is the IDEX to GEL, with for IDEX's currency code being IDEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 IDEX to Georgian Lari has changed by +2.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.51%, reaching a high of 0.05506 GEL and a low of 0.05314 GEL . One month ago, the value of 1 IDEX was ₾0.08686 GEL , which represents a -18.93% change from its current value. Over the last year, IDEX has changed by
-₾
0.06489GEL
, resulting in a change of -54.30% in its value.
24 hours ago1 month ago1 year ago
Amount
18:42 today
24 hours ago
24h change
0.5 IDEX
₾0.03705
₾0.03639
+2.51%
1 IDEX
₾0.07411
₾0.07277
+2.51%
5 IDEX
₾0.3705
₾0.3639
+2.51%
10 IDEX
₾0.7411
₾0.7277
+2.51%
50 IDEX
₾3.71
₾3.64
+2.51%
100 IDEX
₾7.41
₾7.28
+2.51%
500 IDEX
₾37.05
₾36.39
+2.51%
1000 IDEX
₾74.11
₾72.77
+2.51%
IDEX to GEL FAQ
How much is 1 IDEX in GEL?
Right now, the price of 1 IDEX (IDEX) in Georgian Lari (GEL) is ₾0.07411.
How much IDEX can I buy for 1 GEL?
Based on the current exchange rate, you can get 13.49 IDEX for 1 GEL.
How do I calculate or convert IDEX to GEL?
You can use our IDEX to GEL calculator at the top of this page to convert any amount of IDEX to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 67.47 IDEX, while 5 IDEX will cost around 0.3705GEL.
What is the highest price of IDEX/GEL in history?
The all-time high price of 1 IDEX in GEL is ₾2.63. It remains to be seen if the value of 1 IDEX/GEL will exceed the current all-time high.
What is the price trend of IDEX in GEL?
Over the past 7 days, the exchange rate of IDEX (IDEX) has gone up by 2.25%.
Over the last month, the exchange rate of IDEX (IDEX) has gone down by 18.93% against Georgian Lari (GEL).
What factors influence the conversion rate of IDEX to GEL?
There are many factors that affect the relationship between IDEX 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 IDEX/GEL. When there is positive news in the market about the widespread adoption of IDEX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IDEX/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IDEX/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 IDEX/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 IDEX and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular IDEX currency pairs: IDEX to US Dollar (USD), IDEX to Euro (EUR), IDEX to Pound Sterling (GBP), IDEX to Canadian Dollar (CAD), IDEX to Indian Rupee (INR), IDEX to Pakistani Rupee (PKR), IDEX to Brazilian Real (BRL), IDEX to… The price of IDEX in the US is $0.02745 USD. Additionally, IDEX’s price is €0.02368 EUR in the eurozone, £0.02066 GBP in the UK, C$0.03788 CAD in Canada, ₹2.39 INR in India, ₨7.67 PKR in Pakistan, R$0.1521 BRL in Brazil, and more. The most popular IDEX currency pair is the IDEX to Georgian Lari(GEL). The price of 1 IDEX (IDEX) in Georgian Lari (GEL) is ₾0.07411.
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.