Bitget converter provides PTS to GEL real-time exchange rates, making it easy to convert Petals (PTS) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 PTS is currently valued at 0.{4}1019 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PTS is currently valued at 0.{4}1019 GEL, which means buying 5 PTS would cost 0.{4}5093 GEL. Similarly, ₾1 GEL can be converted to 98,168.52 PTS, and ₾50 GEL can be converted to 490,842.58 PTS, excluding any platform or gas fees.
Conversion rates
Convert PTS to GEL
Convert GEL to PTS
Petals
Georgian Lari
1 PTS
0.{4}1019 GEL
Exchange 1 PTS for 0.{4}1019 GEL
2 PTS
0.{4}2037 GEL
Exchange 2 PTS for 0.{4}2037 GEL
5 PTS
0.{4}5093 GEL
Exchange 5 PTS for 0.{4}5093 GEL
10 PTS
0.0001019 GEL
Exchange 10 PTS for 0.0001019 GEL
20 PTS
0.0002037 GEL
Exchange 20 PTS for 0.0002037 GEL
50 PTS
0.0005093 GEL
Exchange 50 PTS for 0.0005093 GEL
100 PTS
0.001019 GEL
Exchange 100 PTS for 0.001019 GEL
200 PTS
0.002037 GEL
Exchange 200 PTS for 0.002037 GEL
500 PTS
0.005093 GEL
Exchange 500 PTS for 0.005093 GEL
1000 PTS
0.01019 GEL
Exchange 1000 PTS for 0.01019 GEL
5000 PTS
0.05093 GEL
Exchange 5000 PTS for 0.05093 GEL
10000 PTS
0.1019 GEL
Exchange 10000 PTS for 0.1019 GEL
In the table above, you'll find a comprehensive PTS to GEL converter that shows the value of Petals in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 PTS to GEL, all the way up to 10000 PTS, providing a clear view of their respective values.
Georgian Lari
Petals
1 GEL
98,168.52 PTS
Exchange 1 GEL for 98,168.52 PTS
10 GEL
981,685.15 PTS
Exchange 10 GEL for 981,685.15 PTS
50 GEL
4,908,425.76 PTS
Exchange 50 GEL for 4,908,425.76 PTS
100 GEL
9,816,851.52 PTS
Exchange 100 GEL for 9,816,851.52 PTS
200 GEL
19,633,703.03 PTS
Exchange 200 GEL for 19,633,703.03 PTS
500 GEL
49,084,257.58 PTS
Exchange 500 GEL for 49,084,257.58 PTS
1000 GEL
98,168,515.17 PTS
Exchange 1000 GEL for 98,168,515.17 PTS
2000 GEL
196,337,030.34 PTS
Exchange 2000 GEL for 196,337,030.34 PTS
5000 GEL
490,842,575.85 PTS
Exchange 5000 GEL for 490,842,575.85 PTS
10000 GEL
981,685,151.7 PTS
Exchange 10000 GEL for 981,685,151.7 PTS
50000 GEL
4,908,425,758.5 PTS
Exchange 50000 GEL for 4,908,425,758.5 PTS
100000 GEL
9,816,851,517 PTS
Exchange 100000 GEL for 9,816,851,517 PTS
In the table above, you'll find a comprehensive GEL to PTS converter that shows the value of Georgian Lari in Petals across commonly used conversion amounts. The list covers conversions from 1 GEL to PTS, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Petals has changed +8.55% to GEL. Based on the trend and price charts, Petals(PTS) has changed +8.55% to GEL while Georgian Lari(GEL) has changed % to PTS in the last 24 hours.
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PTS to GEL conversion data: Volatility and price changes of Petals in GEL
The highest Petals price in GEL over the past 7 days was 0.{5}9866 GEL while the lowest Petals price in GEL over the past 7 days was 0.{5}7621 GEL. The relative change between the highs and lows in Petals price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and PTS to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Petals's current market price is ₾0.{4}1019 per PTS, with a total market cap of ₾143,885.24 GEL based on a circulating supply of 14,125,000,000 PTS. The trading volume of Petals has changed by +5.84% (₾12,468.17 GEL) in the last 24 hours. Last trading day, PTS's trading volume was ₾213,514.39.
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 Petals currency pair is the PTS to GEL, with for Petals's currency code being PTS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 PTS to Georgian Lari has changed by -14.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.55%, reaching a high of 0.{4}1054 GEL and a low of 0.{5}7747 GEL . One month ago, the value of 1 PTS was ₾0.{5}9494 GEL , which represents a +8.63% change from its current value. Over the last year, Petals has changed by
-₾
0.0008038GEL
, resulting in a change of -98.93% in its value.
24 hours ago1 month ago1 year ago
Amount
14:47 today
24 hours ago
24h change
0.5 PTS
₾0.{5}5093
₾0.{5}4750
+8.55%
1 PTS
₾0.{4}1019
₾0.{5}9500
+8.55%
5 PTS
₾0.{4}5093
₾0.{4}4750
+8.55%
10 PTS
₾0.0001019
₾0.{4}9500
+8.55%
50 PTS
₾0.0005093
₾0.0004750
+8.55%
100 PTS
₾0.001019
₾0.0009500
+8.55%
500 PTS
₾0.005093
₾0.004750
+8.55%
1000 PTS
₾0.01019
₾0.009500
+8.55%
PTS to GEL FAQ
How much is 1 Petals in GEL?
Right now, the price of 1 Petals (PTS) in Georgian Lari (GEL) is ₾0.{4}1019.
How much PTS can I buy for 1 GEL?
Based on the current exchange rate, you can get 98,168.52 PTS for 1 GEL.
How do I calculate or convert PTS to GEL?
You can use our PTS to GEL calculator at the top of this page to convert any amount of PTS to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 490,842.58 PTS, while 5 PTS will cost around 0.{4}5093GEL.
What is the highest price of PTS/GEL in history?
The all-time high price of 1 PTS in GEL is ₾0.01134. It remains to be seen if the value of 1 PTS/GEL will exceed the current all-time high.
What is the price trend of Petals in GEL?
Over the past 7 days, the exchange rate of Petals (PTS) has gone down by 14.61%.
Over the last month, the exchange rate of Petals (PTS) has gone up by 8.63% against Georgian Lari (GEL).
What factors influence the conversion rate of PTS to GEL?
There are many factors that affect the relationship between Petals 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 PTS/GEL. When there is positive news in the market about the widespread adoption of PTS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PTS/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PTS/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 PTS/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 Petals and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Petals currency pairs: PTS to US Dollar (USD), PTS to Euro (EUR), PTS to Pound Sterling (GBP), PTS to Canadian Dollar (CAD), PTS to Indian Rupee (INR), PTS to Pakistani Rupee (PKR), PTS to Brazilian Real (BRL), PTS to… The price of Petals in the US is $0.{5}3773 USD. Additionally, Petals’s price is €0.{5}3255 EUR in the eurozone, £0.{5}2840 GBP in the UK, C$0.{5}5207 CAD in Canada, ₹0.0003289 INR in India, ₨0.001054 PKR in Pakistan, R$0.{4}2091 BRL in Brazil, and more. The most popular Petals currency pair is the PTS to Georgian Lari(GEL). The price of 1 Petals (PTS) in Georgian Lari (GEL) is ₾0.{4}1019.
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.