Bitget converter provides MCRT to GEL real-time exchange rates, making it easy to convert MagicCraft (MCRT) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 MCRT is currently valued at 0.001117 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MCRT is currently valued at 0.001117 GEL, which means buying 5 MCRT would cost 0.005583 GEL. Similarly, ₾1 GEL can be converted to 895.64 MCRT, and ₾50 GEL can be converted to 4,478.18 MCRT, excluding any platform or gas fees.
Conversion rates
Convert MCRT to GEL
Convert GEL to MCRT
MagicCraft
Georgian Lari
1 MCRT
0.001117 GEL
Exchange 1 MCRT for 0.001117 GEL
2 MCRT
0.002233 GEL
Exchange 2 MCRT for 0.002233 GEL
5 MCRT
0.005583 GEL
Exchange 5 MCRT for 0.005583 GEL
10 MCRT
0.01117 GEL
Exchange 10 MCRT for 0.01117 GEL
20 MCRT
0.02233 GEL
Exchange 20 MCRT for 0.02233 GEL
50 MCRT
0.05583 GEL
Exchange 50 MCRT for 0.05583 GEL
100 MCRT
0.1117 GEL
Exchange 100 MCRT for 0.1117 GEL
200 MCRT
0.2233 GEL
Exchange 200 MCRT for 0.2233 GEL
500 MCRT
0.5583 GEL
Exchange 500 MCRT for 0.5583 GEL
1000 MCRT
1.12 GEL
Exchange 1000 MCRT for 1.12 GEL
5000 MCRT
5.58 GEL
Exchange 5000 MCRT for 5.58 GEL
10000 MCRT
11.17 GEL
Exchange 10000 MCRT for 11.17 GEL
In the table above, you'll find a comprehensive MCRT to GEL converter that shows the value of MagicCraft in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 MCRT to GEL, all the way up to 10000 MCRT, providing a clear view of their respective values.
Georgian Lari
MagicCraft
1 GEL
895.64 MCRT
Exchange 1 GEL for 895.64 MCRT
10 GEL
8,956.36 MCRT
Exchange 10 GEL for 8,956.36 MCRT
50 GEL
44,781.78 MCRT
Exchange 50 GEL for 44,781.78 MCRT
100 GEL
89,563.55 MCRT
Exchange 100 GEL for 89,563.55 MCRT
200 GEL
179,127.11 MCRT
Exchange 200 GEL for 179,127.11 MCRT
500 GEL
447,817.77 MCRT
Exchange 500 GEL for 447,817.77 MCRT
1000 GEL
895,635.53 MCRT
Exchange 1000 GEL for 895,635.53 MCRT
2000 GEL
1,791,271.06 MCRT
Exchange 2000 GEL for 1,791,271.06 MCRT
5000 GEL
4,478,177.66 MCRT
Exchange 5000 GEL for 4,478,177.66 MCRT
10000 GEL
8,956,355.32 MCRT
Exchange 10000 GEL for 8,956,355.32 MCRT
50000 GEL
44,781,776.61 MCRT
Exchange 50000 GEL for 44,781,776.61 MCRT
100000 GEL
89,563,553.22 MCRT
Exchange 100000 GEL for 89,563,553.22 MCRT
In the table above, you'll find a comprehensive GEL to MCRT converter that shows the value of Georgian Lari in MagicCraft across commonly used conversion amounts. The list covers conversions from 1 GEL to MCRT, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, MagicCraft has changed -1.40% to GEL. Based on the trend and price charts, MagicCraft(MCRT) has changed -1.40% to GEL while Georgian Lari(GEL) has changed % to MCRT in the last 24 hours.
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MCRT to GEL conversion data: Volatility and price changes of MagicCraft in GEL
The highest MagicCraft price in GEL over the past 7 days was 0.001521 GEL while the lowest MagicCraft price in GEL over the past 7 days was 0.001265 GEL. The relative change between the highs and lows in MagicCraft price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and MCRT to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
MagicCraft's current market price is ₾0.001117 per MCRT, with a total market cap of ₾5,625,364.27 GEL based on a circulating supply of 5,038,276,000 MCRT. The trading volume of MagicCraft has changed by -28.68% (₾-497,758.66 GEL) in the last 24 hours. Last trading day, MCRT's trading volume was ₾1,735,414.97.
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 MagicCraft currency pair is the MCRT to GEL, with for MagicCraft's currency code being MCRT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 MCRT to Georgian Lari has changed by -13.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.40%, reaching a high of 0.001290 GEL and a low of 0.001268 GEL . One month ago, the value of 1 MCRT was ₾0.001503 GEL , which represents a -23.34% change from its current value. Over the last year, MagicCraft has changed by
-₾
0.002301GEL
, resulting in a change of -64.45% in its value.
24 hours ago1 month ago1 year ago
Amount
15:55 today
24 hours ago
24h change
0.5 MCRT
₾0.0005583
₾0.0005673
-1.40%
1 MCRT
₾0.001117
₾0.001135
-1.40%
5 MCRT
₾0.005583
₾0.005673
-1.40%
10 MCRT
₾0.01117
₾0.01135
-1.40%
50 MCRT
₾0.05583
₾0.05673
-1.40%
100 MCRT
₾0.1117
₾0.1135
-1.40%
500 MCRT
₾0.5583
₾0.5673
-1.40%
1000 MCRT
₾1.12
₾1.13
-1.40%
MCRT to GEL FAQ
How much is 1 MagicCraft in GEL?
Right now, the price of 1 MagicCraft (MCRT) in Georgian Lari (GEL) is ₾0.001117.
How much MCRT can I buy for 1 GEL?
Based on the current exchange rate, you can get 895.64 MCRT for 1 GEL.
How do I calculate or convert MCRT to GEL?
You can use our MCRT to GEL calculator at the top of this page to convert any amount of MCRT to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 4,478.18 MCRT, while 5 MCRT will cost around 0.005583GEL.
What is the highest price of MCRT/GEL in history?
The all-time high price of 1 MCRT in GEL is ₾0.2641. It remains to be seen if the value of 1 MCRT/GEL will exceed the current all-time high.
What is the price trend of MagicCraft in GEL?
Over the past 7 days, the exchange rate of MagicCraft (MCRT) has gone down by 13.76%.
Over the last month, the exchange rate of MagicCraft (MCRT) has gone down by 23.34% against Georgian Lari (GEL).
What factors influence the conversion rate of MCRT to GEL?
There are many factors that affect the relationship between MagicCraft 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 MCRT/GEL. When there is positive news in the market about the widespread adoption of MCRT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MCRT/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MCRT/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 MCRT/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 MagicCraft and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular MagicCraft currency pairs: MCRT to US Dollar (USD), MCRT to Euro (EUR), MCRT to Pound Sterling (GBP), MCRT to Canadian Dollar (CAD), MCRT to Indian Rupee (INR), MCRT to Pakistani Rupee (PKR), MCRT to Brazilian Real (BRL), MCRT to… The price of MagicCraft in the US is $0.0004135 USD. Additionally, MagicCraft’s price is €0.0003568 EUR in the eurozone, £0.0003113 GBP in the UK, C$0.0005707 CAD in Canada, ₹0.03605 INR in India, ₨0.1155 PKR in Pakistan, R$0.002292 BRL in Brazil, and more. The most popular MagicCraft currency pair is the MCRT to Georgian Lari(GEL). The price of 1 MagicCraft (MCRT) in Georgian Lari (GEL) is ₾0.001117.
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.