Bitget converter provides PBX to GEL real-time exchange rates, making it easy to convert Paribus (PBX) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 PBX is currently valued at 0.0003585 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PBX is currently valued at 0.0003585 GEL, which means buying 5 PBX would cost 0.001793 GEL. Similarly, ₾1 GEL can be converted to 2,789.15 PBX, and ₾50 GEL can be converted to 13,945.74 PBX, excluding any platform or gas fees.
Conversion rates
Convert PBX to GEL
Convert GEL to PBX
Paribus
Georgian Lari
1 PBX
0.0003585 GEL
Exchange 1 PBX for 0.0003585 GEL
2 PBX
0.0007171 GEL
Exchange 2 PBX for 0.0007171 GEL
5 PBX
0.001793 GEL
Exchange 5 PBX for 0.001793 GEL
10 PBX
0.003585 GEL
Exchange 10 PBX for 0.003585 GEL
20 PBX
0.007171 GEL
Exchange 20 PBX for 0.007171 GEL
50 PBX
0.01793 GEL
Exchange 50 PBX for 0.01793 GEL
100 PBX
0.03585 GEL
Exchange 100 PBX for 0.03585 GEL
200 PBX
0.07171 GEL
Exchange 200 PBX for 0.07171 GEL
500 PBX
0.1793 GEL
Exchange 500 PBX for 0.1793 GEL
1000 PBX
0.3585 GEL
Exchange 1000 PBX for 0.3585 GEL
5000 PBX
1.79 GEL
Exchange 5000 PBX for 1.79 GEL
10000 PBX
3.59 GEL
Exchange 10000 PBX for 3.59 GEL
In the table above, you'll find a comprehensive PBX to GEL converter that shows the value of Paribus in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 PBX to GEL, all the way up to 10000 PBX, providing a clear view of their respective values.
Georgian Lari
Paribus
1 GEL
2,789.15 PBX
Exchange 1 GEL for 2,789.15 PBX
10 GEL
27,891.49 PBX
Exchange 10 GEL for 27,891.49 PBX
50 GEL
139,457.44 PBX
Exchange 50 GEL for 139,457.44 PBX
100 GEL
278,914.88 PBX
Exchange 100 GEL for 278,914.88 PBX
200 GEL
557,829.76 PBX
Exchange 200 GEL for 557,829.76 PBX
500 GEL
1,394,574.39 PBX
Exchange 500 GEL for 1,394,574.39 PBX
1000 GEL
2,789,148.79 PBX
Exchange 1000 GEL for 2,789,148.79 PBX
2000 GEL
5,578,297.58 PBX
Exchange 2000 GEL for 5,578,297.58 PBX
5000 GEL
13,945,743.94 PBX
Exchange 5000 GEL for 13,945,743.94 PBX
10000 GEL
27,891,487.89 PBX
Exchange 10000 GEL for 27,891,487.89 PBX
50000 GEL
139,457,439.44 PBX
Exchange 50000 GEL for 139,457,439.44 PBX
100000 GEL
278,914,878.87 PBX
Exchange 100000 GEL for 278,914,878.87 PBX
In the table above, you'll find a comprehensive GEL to PBX converter that shows the value of Georgian Lari in Paribus across commonly used conversion amounts. The list covers conversions from 1 GEL to PBX, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Paribus has changed -1.97% to GEL. Based on the trend and price charts, Paribus(PBX) has changed -1.97% to GEL while Georgian Lari(GEL) has changed % to PBX in the last 24 hours.
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PBX to GEL conversion data: Volatility and price changes of Paribus in GEL
The highest Paribus price in GEL over the past 7 days was 0.0005393 GEL while the lowest Paribus price in GEL over the past 7 days was 0.0003852 GEL. The relative change between the highs and lows in Paribus price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and PBX to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Paribus's current market price is ₾0.0003585 per PBX, with a total market cap of ₾2,687,529.99 GEL based on a circulating supply of 7,495,920,600 PBX. The trading volume of Paribus has changed by -73.59% (₾-730,720.71 GEL) in the last 24 hours. Last trading day, PBX's trading volume was ₾993,013.24.
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 Paribus currency pair is the PBX to GEL, with for Paribus's currency code being PBX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 PBX to Georgian Lari has changed by -25.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.97%, reaching a high of 0.0004164 GEL and a low of 0.0003866 GEL . One month ago, the value of 1 PBX was ₾0.0006773 GEL , which represents a -44.70% change from its current value. Over the last year, Paribus has changed by
-₾
0.002389GEL
, resulting in a change of -85.83% in its value.
24 hours ago1 month ago1 year ago
Amount
23:42 today
24 hours ago
24h change
0.5 PBX
₾0.0001793
₾0.0001832
-1.97%
1 PBX
₾0.0003585
₾0.0003665
-1.97%
5 PBX
₾0.001793
₾0.001832
-1.97%
10 PBX
₾0.003585
₾0.003665
-1.97%
50 PBX
₾0.01793
₾0.01832
-1.97%
100 PBX
₾0.03585
₾0.03665
-1.97%
500 PBX
₾0.1793
₾0.1832
-1.97%
1000 PBX
₾0.3585
₾0.3665
-1.97%
PBX to GEL FAQ
How much is 1 Paribus in GEL?
Right now, the price of 1 Paribus (PBX) in Georgian Lari (GEL) is ₾0.0003585.
How much PBX can I buy for 1 GEL?
Based on the current exchange rate, you can get 2,789.15 PBX for 1 GEL.
How do I calculate or convert PBX to GEL?
You can use our PBX to GEL calculator at the top of this page to convert any amount of PBX to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 13,945.74 PBX, while 5 PBX will cost around 0.001793GEL.
What is the highest price of PBX/GEL in history?
The all-time high price of 1 PBX in GEL is ₾0.1134. It remains to be seen if the value of 1 PBX/GEL will exceed the current all-time high.
What is the price trend of Paribus in GEL?
Over the past 7 days, the exchange rate of Paribus (PBX) has gone down by 25.05%.
Over the last month, the exchange rate of Paribus (PBX) has gone down by 44.70% against Georgian Lari (GEL).
What factors influence the conversion rate of PBX to GEL?
There are many factors that affect the relationship between Paribus 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 PBX/GEL. When there is positive news in the market about the widespread adoption of PBX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PBX/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PBX/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 PBX/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 Paribus and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Paribus currency pairs: PBX to US Dollar (USD), PBX to Euro (EUR), PBX to Pound Sterling (GBP), PBX to Canadian Dollar (CAD), PBX to Indian Rupee (INR), PBX to Pakistani Rupee (PKR), PBX to Brazilian Real (BRL), PBX to… The price of Paribus in the US is $0.0001328 USD. Additionally, Paribus’s price is €0.0001146 EUR in the eurozone, £0.{4}9998 GBP in the UK, C$0.0001831 CAD in Canada, ₹0.01158 INR in India, ₨0.03720 PKR in Pakistan, R$0.0007356 BRL in Brazil, and more. The most popular Paribus currency pair is the PBX to Georgian Lari(GEL). The price of 1 Paribus (PBX) in Georgian Lari (GEL) is ₾0.0003585.
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.