Bitget converter provides PROOF to GEL real-time exchange rates, making it easy to convert PROOF (PROOF) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 PROOF is currently valued at 0.3635 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PROOF is currently valued at 0.3635 GEL, which means buying 5 PROOF would cost 1.82 GEL. Similarly, ₾1 GEL can be converted to 2.75 PROOF, and ₾50 GEL can be converted to 13.76 PROOF, excluding any platform or gas fees.
Conversion rates
Convert PROOF to GEL
Convert GEL to PROOF
PROOF
Georgian Lari
1 PROOF
0.3635 GEL
Exchange 1 PROOF for 0.3635 GEL
2 PROOF
0.7269 GEL
Exchange 2 PROOF for 0.7269 GEL
5 PROOF
1.82 GEL
Exchange 5 PROOF for 1.82 GEL
10 PROOF
3.63 GEL
Exchange 10 PROOF for 3.63 GEL
20 PROOF
7.27 GEL
Exchange 20 PROOF for 7.27 GEL
50 PROOF
18.17 GEL
Exchange 50 PROOF for 18.17 GEL
100 PROOF
36.35 GEL
Exchange 100 PROOF for 36.35 GEL
200 PROOF
72.69 GEL
Exchange 200 PROOF for 72.69 GEL
500 PROOF
181.74 GEL
Exchange 500 PROOF for 181.74 GEL
1000 PROOF
363.47 GEL
Exchange 1000 PROOF for 363.47 GEL
5000 PROOF
1,817.37 GEL
Exchange 5000 PROOF for 1,817.37 GEL
10000 PROOF
3,634.74 GEL
Exchange 10000 PROOF for 3,634.74 GEL
In the table above, you'll find a comprehensive PROOF to GEL converter that shows the value of PROOF in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 PROOF to GEL, all the way up to 10000 PROOF, providing a clear view of their respective values.
Georgian Lari
PROOF
1 GEL
2.75 PROOF
Exchange 1 GEL for 2.75 PROOF
10 GEL
27.51 PROOF
Exchange 10 GEL for 27.51 PROOF
50 GEL
137.56 PROOF
Exchange 50 GEL for 137.56 PROOF
100 GEL
275.12 PROOF
Exchange 100 GEL for 275.12 PROOF
200 GEL
550.25 PROOF
Exchange 200 GEL for 550.25 PROOF
500 GEL
1,375.61 PROOF
Exchange 500 GEL for 1,375.61 PROOF
1000 GEL
2,751.23 PROOF
Exchange 1000 GEL for 2,751.23 PROOF
2000 GEL
5,502.46 PROOF
Exchange 2000 GEL for 5,502.46 PROOF
5000 GEL
13,756.14 PROOF
Exchange 5000 GEL for 13,756.14 PROOF
10000 GEL
27,512.29 PROOF
Exchange 10000 GEL for 27,512.29 PROOF
50000 GEL
137,561.44 PROOF
Exchange 50000 GEL for 137,561.44 PROOF
100000 GEL
275,122.88 PROOF
Exchange 100000 GEL for 275,122.88 PROOF
In the table above, you'll find a comprehensive GEL to PROOF converter that shows the value of Georgian Lari in PROOF across commonly used conversion amounts. The list covers conversions from 1 GEL to PROOF, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, PROOF has changed +2.81% to GEL. Based on the trend and price charts, PROOF(PROOF) has changed +2.81% to GEL while Georgian Lari(GEL) has changed % to PROOF in the last 24 hours.
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PROOF to GEL conversion data: Volatility and price changes of PROOF in GEL
The highest PROOF price in GEL over the past 7 days was 0.1592 GEL while the lowest PROOF price in GEL over the past 7 days was 0.1201 GEL. The relative change between the highs and lows in PROOF price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and PROOF to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
0.1264 GEL
0.1592 GEL
0.1720 GEL
0.3121 GEL
Low
0.1201 GEL
0.1201 GEL
0.1201 GEL
0.1201 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+2.81%
-20.54%
-6.83%
-59.51%
Buy
Sell
Buy PROOF (or USDT) for GEL (Georgian Lari) offers
PROOF's current market price is ₾0.3635 per PROOF, with a total market cap of ₾0 GEL based on a circulating supply of -- PROOF. The trading volume of PROOF has changed by -48.63% (₾-23,560.25 GEL) in the last 24 hours. Last trading day, PROOF's trading volume was ₾48,443.29.
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 PROOF currency pair is the PROOF to GEL, with for PROOF's currency code being PROOF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 PROOF to Georgian Lari has changed by -20.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.81%, reaching a high of 0.1264 GEL and a low of 0.1201 GEL . One month ago, the value of 1 PROOF was ₾0.3727 GEL , which represents a -6.83% change from its current value. Over the last year, PROOF has changed by
-₾
0.1279GEL
, resulting in a change of -50.31% in its value.
24 hours ago1 month ago1 year ago
Amount
19:35 today
24 hours ago
24h change
0.5 PROOF
₾0.1817
₾0.1800
+2.81%
1 PROOF
₾0.3635
₾0.3600
+2.81%
5 PROOF
₾1.82
₾1.8
+2.81%
10 PROOF
₾3.63
₾3.6
+2.81%
50 PROOF
₾18.17
₾18
+2.81%
100 PROOF
₾36.35
₾36
+2.81%
500 PROOF
₾181.74
₾180.01
+2.81%
1000 PROOF
₾363.47
₾360.02
+2.81%
PROOF to GEL FAQ
How much is 1 PROOF in GEL?
Right now, the price of 1 PROOF (PROOF) in Georgian Lari (GEL) is ₾0.3635.
How much PROOF can I buy for 1 GEL?
Based on the current exchange rate, you can get 2.75 PROOF for 1 GEL.
How do I calculate or convert PROOF to GEL?
You can use our PROOF to GEL calculator at the top of this page to convert any amount of PROOF to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 13.76 PROOF, while 5 PROOF will cost around 1.82GEL.
What is the highest price of PROOF/GEL in history?
The all-time high price of 1 PROOF in GEL is ₾0.9229. It remains to be seen if the value of 1 PROOF/GEL will exceed the current all-time high.
What is the price trend of PROOF in GEL?
Over the past 7 days, the exchange rate of PROOF (PROOF) has gone down by 20.54%.
Over the last month, the exchange rate of PROOF (PROOF) has gone down by 6.83% against Georgian Lari (GEL).
What factors influence the conversion rate of PROOF to GEL?
There are many factors that affect the relationship between PROOF 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 PROOF/GEL. When there is positive news in the market about the widespread adoption of PROOF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PROOF/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PROOF/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 PROOF/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 PROOF and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular PROOF currency pairs: PROOF to US Dollar (USD), PROOF to Euro (EUR), PROOF to Pound Sterling (GBP), PROOF to Canadian Dollar (CAD), PROOF to Indian Rupee (INR), PROOF to Pakistani Rupee (PKR), PROOF to Brazilian Real (BRL), PROOF to… The price of PROOF in the US is $0.1346 USD. Additionally, PROOF’s price is €0.1162 EUR in the eurozone, £0.1016 GBP in the UK, C$0.1858 CAD in Canada, ₹11.74 INR in India, ₨37.61 PKR in Pakistan, R$0.7456 BRL in Brazil, and more. The most popular PROOF currency pair is the PROOF to Georgian Lari(GEL). The price of 1 PROOF (PROOF) in Georgian Lari (GEL) is ₾0.3635.
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.