Bitget converter provides LYNX to GEL real-time exchange rates, making it easy to convert Lynex (LYNX) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 LYNX is currently valued at 0.03509 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LYNX is currently valued at 0.03509 GEL, which means buying 5 LYNX would cost 0.1755 GEL. Similarly, ₾1 GEL can be converted to 28.5 LYNX, and ₾50 GEL can be converted to 142.49 LYNX, excluding any platform or gas fees.
Conversion rates
Convert LYNX to GEL
Convert GEL to LYNX
Lynex
Georgian Lari
1 LYNX
0.03509 GEL
Exchange 1 LYNX for 0.03509 GEL
2 LYNX
0.07018 GEL
Exchange 2 LYNX for 0.07018 GEL
5 LYNX
0.1755 GEL
Exchange 5 LYNX for 0.1755 GEL
10 LYNX
0.3509 GEL
Exchange 10 LYNX for 0.3509 GEL
20 LYNX
0.7018 GEL
Exchange 20 LYNX for 0.7018 GEL
50 LYNX
1.75 GEL
Exchange 50 LYNX for 1.75 GEL
100 LYNX
3.51 GEL
Exchange 100 LYNX for 3.51 GEL
200 LYNX
7.02 GEL
Exchange 200 LYNX for 7.02 GEL
500 LYNX
17.55 GEL
Exchange 500 LYNX for 17.55 GEL
1000 LYNX
35.09 GEL
Exchange 1000 LYNX for 35.09 GEL
5000 LYNX
175.45 GEL
Exchange 5000 LYNX for 175.45 GEL
10000 LYNX
350.9 GEL
Exchange 10000 LYNX for 350.9 GEL
In the table above, you'll find a comprehensive LYNX to GEL converter that shows the value of Lynex in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 LYNX to GEL, all the way up to 10000 LYNX, providing a clear view of their respective values.
Georgian Lari
Lynex
1 GEL
28.5 LYNX
Exchange 1 GEL for 28.5 LYNX
10 GEL
284.98 LYNX
Exchange 10 GEL for 284.98 LYNX
50 GEL
1,424.89 LYNX
Exchange 50 GEL for 1,424.89 LYNX
100 GEL
2,849.79 LYNX
Exchange 100 GEL for 2,849.79 LYNX
200 GEL
5,699.57 LYNX
Exchange 200 GEL for 5,699.57 LYNX
500 GEL
14,248.94 LYNX
Exchange 500 GEL for 14,248.94 LYNX
1000 GEL
28,497.87 LYNX
Exchange 1000 GEL for 28,497.87 LYNX
2000 GEL
56,995.75 LYNX
Exchange 2000 GEL for 56,995.75 LYNX
5000 GEL
142,489.37 LYNX
Exchange 5000 GEL for 142,489.37 LYNX
10000 GEL
284,978.74 LYNX
Exchange 10000 GEL for 284,978.74 LYNX
50000 GEL
1,424,893.71 LYNX
Exchange 50000 GEL for 1,424,893.71 LYNX
100000 GEL
2,849,787.42 LYNX
Exchange 100000 GEL for 2,849,787.42 LYNX
In the table above, you'll find a comprehensive GEL to LYNX converter that shows the value of Georgian Lari in Lynex across commonly used conversion amounts. The list covers conversions from 1 GEL to LYNX, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Lynex has changed -2.04% to GEL. Based on the trend and price charts, Lynex(LYNX) has changed -2.04% to GEL while Georgian Lari(GEL) has changed % to LYNX in the last 24 hours.
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LYNX to GEL conversion data: Volatility and price changes of Lynex in GEL
The highest Lynex price in GEL over the past 7 days was 0.04539 GEL while the lowest Lynex price in GEL over the past 7 days was 0.03415 GEL. The relative change between the highs and lows in Lynex price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and LYNX to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Lynex's current market price is ₾0.03509 per LYNX, with a total market cap of ₾1,023,429.31 GEL based on a circulating supply of 29,165,560 LYNX. The trading volume of Lynex has changed by -32.78% (₾-118,990.10 GEL) in the last 24 hours. Last trading day, LYNX's trading volume was ₾362,967.24.
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 Lynex currency pair is the LYNX to GEL, with for Lynex's currency code being LYNX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 LYNX to Georgian Lari has changed by -13.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.04%, reaching a high of 0.03858 GEL and a low of 0.03640 GEL . One month ago, the value of 1 LYNX was ₾0.03950 GEL , which represents a -10.63% change from its current value. Over the last year, Lynex has changed by
-₾
0.2627GEL
, resulting in a change of -87.63% in its value.
24 hours ago1 month ago1 year ago
Amount
01:43 am today
24 hours ago
24h change
0.5 LYNX
₾0.01755
₾0.01793
-2.04%
1 LYNX
₾0.03509
₾0.03586
-2.04%
5 LYNX
₾0.1755
₾0.1793
-2.04%
10 LYNX
₾0.3509
₾0.3586
-2.04%
50 LYNX
₾1.75
₾1.79
-2.04%
100 LYNX
₾3.51
₾3.59
-2.04%
500 LYNX
₾17.55
₾17.93
-2.04%
1000 LYNX
₾35.09
₾35.86
-2.04%
LYNX to GEL FAQ
How much is 1 Lynex in GEL?
Right now, the price of 1 Lynex (LYNX) in Georgian Lari (GEL) is ₾0.03509.
How much LYNX can I buy for 1 GEL?
Based on the current exchange rate, you can get 28.5 LYNX for 1 GEL.
How do I calculate or convert LYNX to GEL?
You can use our LYNX to GEL calculator at the top of this page to convert any amount of LYNX to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 142.49 LYNX, while 5 LYNX will cost around 0.1755GEL.
What is the highest price of LYNX/GEL in history?
The all-time high price of 1 LYNX in GEL is ₾1.32. It remains to be seen if the value of 1 LYNX/GEL will exceed the current all-time high.
What is the price trend of Lynex in GEL?
Over the past 7 days, the exchange rate of Lynex (LYNX) has gone down by 13.83%.
Over the last month, the exchange rate of Lynex (LYNX) has gone down by 10.63% against Georgian Lari (GEL).
What factors influence the conversion rate of LYNX to GEL?
There are many factors that affect the relationship between Lynex 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 LYNX/GEL. When there is positive news in the market about the widespread adoption of LYNX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LYNX/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LYNX/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 LYNX/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 Lynex and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Lynex currency pairs: LYNX to US Dollar (USD), LYNX to Euro (EUR), LYNX to Pound Sterling (GBP), LYNX to Canadian Dollar (CAD), LYNX to Indian Rupee (INR), LYNX to Pakistani Rupee (PKR), LYNX to Brazilian Real (BRL), LYNX to… The price of Lynex in the US is $0.01300 USD. Additionally, Lynex’s price is €0.01124 EUR in the eurozone, £0.009799 GBP in the UK, C$0.01793 CAD in Canada, ₹1.13 INR in India, ₨3.64 PKR in Pakistan, R$0.07198 BRL in Brazil, and more. The most popular Lynex currency pair is the LYNX to Georgian Lari(GEL). The price of 1 Lynex (LYNX) in Georgian Lari (GEL) is ₾0.03509.
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.