Bitget converter provides OBS to GEL real-time exchange rates, making it easy to convert One Basis (OBS) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 OBS is currently valued at 0.{5}2782 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OBS is currently valued at 0.{5}2782 GEL, which means buying 5 OBS would cost 0.{4}1391 GEL. Similarly, ₾1 GEL can be converted to 359,489.77 OBS, and ₾50 GEL can be converted to 1,797,448.83 OBS, excluding any platform or gas fees.
Conversion rates
Convert OBS to GEL
Convert GEL to OBS
One Basis
Georgian Lari
1 OBS
0.{5}2782 GEL
Exchange 1 OBS for 0.{5}2782 GEL
2 OBS
0.{5}5563 GEL
Exchange 2 OBS for 0.{5}5563 GEL
5 OBS
0.{4}1391 GEL
Exchange 5 OBS for 0.{4}1391 GEL
10 OBS
0.{4}2782 GEL
Exchange 10 OBS for 0.{4}2782 GEL
20 OBS
0.{4}5563 GEL
Exchange 20 OBS for 0.{4}5563 GEL
50 OBS
0.0001391 GEL
Exchange 50 OBS for 0.0001391 GEL
100 OBS
0.0002782 GEL
Exchange 100 OBS for 0.0002782 GEL
200 OBS
0.0005563 GEL
Exchange 200 OBS for 0.0005563 GEL
500 OBS
0.001391 GEL
Exchange 500 OBS for 0.001391 GEL
1000 OBS
0.002782 GEL
Exchange 1000 OBS for 0.002782 GEL
5000 OBS
0.01391 GEL
Exchange 5000 OBS for 0.01391 GEL
10000 OBS
0.02782 GEL
Exchange 10000 OBS for 0.02782 GEL
In the table above, you'll find a comprehensive OBS to GEL converter that shows the value of One Basis in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 OBS to GEL, all the way up to 10000 OBS, providing a clear view of their respective values.
Georgian Lari
One Basis
1 GEL
359,489.77 OBS
Exchange 1 GEL for 359,489.77 OBS
10 GEL
3,594,897.66 OBS
Exchange 10 GEL for 3,594,897.66 OBS
50 GEL
17,974,488.28 OBS
Exchange 50 GEL for 17,974,488.28 OBS
100 GEL
35,948,976.55 OBS
Exchange 100 GEL for 35,948,976.55 OBS
200 GEL
71,897,953.11 OBS
Exchange 200 GEL for 71,897,953.11 OBS
500 GEL
179,744,882.77 OBS
Exchange 500 GEL for 179,744,882.77 OBS
1000 GEL
359,489,765.53 OBS
Exchange 1000 GEL for 359,489,765.53 OBS
2000 GEL
718,979,531.07 OBS
Exchange 2000 GEL for 718,979,531.07 OBS
5000 GEL
1,797,448,827.67 OBS
Exchange 5000 GEL for 1,797,448,827.67 OBS
10000 GEL
3,594,897,655.35 OBS
Exchange 10000 GEL for 3,594,897,655.35 OBS
50000 GEL
17,974,488,276.74 OBS
Exchange 50000 GEL for 17,974,488,276.74 OBS
100000 GEL
35,948,976,553.49 OBS
Exchange 100000 GEL for 35,948,976,553.49 OBS
In the table above, you'll find a comprehensive GEL to OBS converter that shows the value of Georgian Lari in One Basis across commonly used conversion amounts. The list covers conversions from 1 GEL to OBS, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, One Basis has changed +0.22% to GEL. Based on the trend and price charts, One Basis(OBS) has changed +0.22% to GEL while Georgian Lari(GEL) has changed % to OBS in the last 24 hours.
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OBS to GEL conversion data: Volatility and price changes of One Basis in GEL
The highest One Basis price in GEL over the past 7 days was 0.2824 GEL while the lowest One Basis price in GEL over the past 7 days was 0.2680 GEL. The relative change between the highs and lows in One Basis price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and OBS to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
One Basis's current market price is ₾0.{5}2782 per OBS, with a total market cap of ₾0 GEL based on a circulating supply of -- OBS. The trading volume of One Basis has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, OBS's trading volume was ₾153.86.
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 One Basis currency pair is the OBS to GEL, with for One Basis's currency code being OBS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 OBS to Georgian Lari has changed by -1.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.22%, reaching a high of 0.2806 GEL and a low of 0.2793 GEL . One month ago, the value of 1 OBS was ₾0.02489 GEL , which represents a -8.15% change from its current value. Over the last year, One Basis has changed by
-₾
0.06016GEL
, resulting in a change of -17.66% in its value.
24 hours ago1 month ago1 year ago
Amount
02:49 am today
24 hours ago
24h change
0.5 OBS
₾0.{5}1391
₾-0.0003085
+0.22%
1 OBS
₾0.{5}2782
₾-0.0006170
+0.22%
5 OBS
₾0.{4}1391
₾-0.003085
+0.22%
10 OBS
₾0.{4}2782
₾-0.006170
+0.22%
50 OBS
₾0.0001391
₾-0.03085
+0.22%
100 OBS
₾0.0002782
₾-0.06170
+0.22%
500 OBS
₾0.001391
₾-0.3085
+0.22%
1000 OBS
₾0.002782
₾-0.6170
+0.22%
OBS to GEL FAQ
How much is 1 One Basis in GEL?
Right now, the price of 1 One Basis (OBS) in Georgian Lari (GEL) is ₾0.{5}2782.
How much OBS can I buy for 1 GEL?
Based on the current exchange rate, you can get 359,489.77 OBS for 1 GEL.
How do I calculate or convert OBS to GEL?
You can use our OBS to GEL calculator at the top of this page to convert any amount of OBS to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 1,797,448.83 OBS, while 5 OBS will cost around 0.{4}1391GEL.
What is the highest price of OBS/GEL in history?
The all-time high price of 1 OBS in GEL is ₾92.97. It remains to be seen if the value of 1 OBS/GEL will exceed the current all-time high.
What is the price trend of One Basis in GEL?
Over the past 7 days, the exchange rate of One Basis (OBS) has gone down by 1.10%.
Over the last month, the exchange rate of One Basis (OBS) has gone down by 8.15% against Georgian Lari (GEL).
What factors influence the conversion rate of OBS to GEL?
There are many factors that affect the relationship between One Basis 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 OBS/GEL. When there is positive news in the market about the widespread adoption of OBS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OBS/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OBS/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 OBS/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 One Basis and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular One Basis currency pairs: OBS to US Dollar (USD), OBS to Euro (EUR), OBS to Pound Sterling (GBP), OBS to Canadian Dollar (CAD), OBS to Indian Rupee (INR), OBS to Pakistani Rupee (PKR), OBS to Brazilian Real (BRL), OBS to… The price of One Basis in the US is $0.{5}1030 USD. Additionally, One Basis’s price is €0.{6}8911 EUR in the eurozone, £0.{6}7768 GBP in the UK, C$0.{5}1421 CAD in Canada, ₹0.{4}8989 INR in India, ₨0.0002886 PKR in Pakistan, R$0.{5}5706 BRL in Brazil, and more. The most popular One Basis currency pair is the OBS to Georgian Lari(GEL). The price of 1 One Basis (OBS) in Georgian Lari (GEL) is ₾0.{5}2782.
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.