Bitget converter provides MVRK to GEL real-time exchange rates, making it easy to convert Mavryk Network (MVRK) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 MVRK is currently valued at 0.001010 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MVRK is currently valued at 0.001010 GEL, which means buying 5 MVRK would cost 0.005050 GEL. Similarly, ₾1 GEL can be converted to 990.05 MVRK, and ₾50 GEL can be converted to 4,950.23 MVRK, excluding any platform or gas fees.
Conversion rates
Convert MVRK to GEL
Convert GEL to MVRK
Mavryk Network
Georgian Lari
1 MVRK
0.001010 GEL
Exchange 1 MVRK for 0.001010 GEL
2 MVRK
0.002020 GEL
Exchange 2 MVRK for 0.002020 GEL
5 MVRK
0.005050 GEL
Exchange 5 MVRK for 0.005050 GEL
10 MVRK
0.01010 GEL
Exchange 10 MVRK for 0.01010 GEL
20 MVRK
0.02020 GEL
Exchange 20 MVRK for 0.02020 GEL
50 MVRK
0.05050 GEL
Exchange 50 MVRK for 0.05050 GEL
100 MVRK
0.1010 GEL
Exchange 100 MVRK for 0.1010 GEL
200 MVRK
0.2020 GEL
Exchange 200 MVRK for 0.2020 GEL
500 MVRK
0.5050 GEL
Exchange 500 MVRK for 0.5050 GEL
1000 MVRK
1.01 GEL
Exchange 1000 MVRK for 1.01 GEL
5000 MVRK
5.05 GEL
Exchange 5000 MVRK for 5.05 GEL
10000 MVRK
10.1 GEL
Exchange 10000 MVRK for 10.1 GEL
In the table above, you'll find a comprehensive MVRK to GEL converter that shows the value of Mavryk Network in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 MVRK to GEL, all the way up to 10000 MVRK, providing a clear view of their respective values.
Georgian Lari
Mavryk Network
1 GEL
990.05 MVRK
Exchange 1 GEL for 990.05 MVRK
10 GEL
9,900.46 MVRK
Exchange 10 GEL for 9,900.46 MVRK
50 GEL
49,502.3 MVRK
Exchange 50 GEL for 49,502.3 MVRK
100 GEL
99,004.6 MVRK
Exchange 100 GEL for 99,004.6 MVRK
200 GEL
198,009.19 MVRK
Exchange 200 GEL for 198,009.19 MVRK
500 GEL
495,022.98 MVRK
Exchange 500 GEL for 495,022.98 MVRK
1000 GEL
990,045.97 MVRK
Exchange 1000 GEL for 990,045.97 MVRK
2000 GEL
1,980,091.93 MVRK
Exchange 2000 GEL for 1,980,091.93 MVRK
5000 GEL
4,950,229.83 MVRK
Exchange 5000 GEL for 4,950,229.83 MVRK
10000 GEL
9,900,459.67 MVRK
Exchange 10000 GEL for 9,900,459.67 MVRK
50000 GEL
49,502,298.35 MVRK
Exchange 50000 GEL for 49,502,298.35 MVRK
100000 GEL
99,004,596.7 MVRK
Exchange 100000 GEL for 99,004,596.7 MVRK
In the table above, you'll find a comprehensive GEL to MVRK converter that shows the value of Georgian Lari in Mavryk Network across commonly used conversion amounts. The list covers conversions from 1 GEL to MVRK, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Mavryk Network has changed 0.00% to GEL. Based on the trend and price charts, Mavryk Network(MVRK) has changed 0.00% to GEL while Georgian Lari(GEL) has changed % to MVRK in the last 24 hours.
1D7D1M3M1YAll
MVRK to GEL conversion data: Volatility and price changes of Mavryk Network in GEL
The highest Mavryk Network price in GEL over the past 7 days was -- GEL while the lowest Mavryk Network price in GEL over the past 7 days was -- GEL. The relative change between the highs and lows in Mavryk Network price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and MVRK to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Mavryk Network to Georgian Lari is falling this week.
Mavryk Network's current market price is ₾0.001010 per MVRK, with a total market cap of ₾1,010,044.12 GEL based on a circulating supply of 999,990,140 MVRK. The trading volume of Mavryk Network has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, MVRK'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 Mavryk Network currency pair is the MVRK to GEL, with for Mavryk Network's currency code being MVRK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of Mavryk Network is decreasing.
The exchange rate of 1 MVRK to Georgian Lari has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0 GEL and a low of 0 GEL . One month ago, the value of 1 MVRK was ₾-- GEL , which represents a --% change from its current value. Over the last year, Mavryk Network has changed by
-₾
--GEL
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount
21:28 today
24 hours ago
24h change
0.5 MVRK
₾0.0005050
₾--
0.00%
1 MVRK
₾0.001010
₾--
0.00%
5 MVRK
₾0.005050
₾--
0.00%
10 MVRK
₾0.01010
₾--
0.00%
50 MVRK
₾0.05050
₾--
0.00%
100 MVRK
₾0.1010
₾--
0.00%
500 MVRK
₾0.5050
₾--
0.00%
1000 MVRK
₾1.01
₾--
0.00%
MVRK to GEL FAQ
How much is 1 Mavryk Network in GEL?
Right now, the price of 1 Mavryk Network (MVRK) in Georgian Lari (GEL) is ₾0.001010.
How much MVRK can I buy for 1 GEL?
Based on the current exchange rate, you can get 990.05 MVRK for 1 GEL.
How do I calculate or convert MVRK to GEL?
You can use our MVRK to GEL calculator at the top of this page to convert any amount of MVRK to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 4,950.23 MVRK, while 5 MVRK will cost around 0.005050GEL.
What is the highest price of MVRK/GEL in history?
The all-time high price of 1 MVRK in GEL is --. It remains to be seen if the value of 1 MVRK/GEL will exceed the current all-time high.
What is the price trend of Mavryk Network in GEL?
Over the past 7 days, the exchange rate of Mavryk Network (MVRK) has gone down by --.
Over the last month, the exchange rate of Mavryk Network (MVRK) has gone down by -- against Georgian Lari (GEL).
What factors influence the conversion rate of MVRK to GEL?
There are many factors that affect the relationship between Mavryk Network 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 MVRK/GEL. When there is positive news in the market about the widespread adoption of MVRK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MVRK/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MVRK/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 MVRK/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 Mavryk Network and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Mavryk Network currency pairs: MVRK to US Dollar (USD), MVRK to Euro (EUR), MVRK to Pound Sterling (GBP), MVRK to Canadian Dollar (CAD), MVRK to Indian Rupee (INR), MVRK to Pakistani Rupee (PKR), MVRK to Brazilian Real (BRL), MVRK to… The price of Mavryk Network in the US is $0.0003755 USD. Additionally, Mavryk Network’s price is €0.0003207 EUR in the eurozone, £0.0002774 GBP in the UK, C$0.0005205 CAD in Canada, ₹0.03306 INR in India, ₨0.1057 PKR in Pakistan, R$0.002030 BRL in Brazil, and more. The most popular Mavryk Network currency pair is the MVRK to Georgian Lari(GEL). The price of 1 Mavryk Network (MVRK) in Georgian Lari (GEL) is ₾0.001010.
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.