Bitget converter provides SHIYO to GEL real-time exchange rates, making it easy to convert SHIYO (SHIYO) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 SHIYO is currently valued at 0.001036 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHIYO is currently valued at 0.001036 GEL, which means buying 5 SHIYO would cost 0.005178 GEL. Similarly, ₾1 GEL can be converted to 965.71 SHIYO, and ₾50 GEL can be converted to 4,828.57 SHIYO, excluding any platform or gas fees.
Conversion rates
Convert SHIYO to GEL
Convert GEL to SHIYO
SHIYO
Georgian Lari
1 SHIYO
0.001036 GEL
Exchange 1 SHIYO for 0.001036 GEL
2 SHIYO
0.002071 GEL
Exchange 2 SHIYO for 0.002071 GEL
5 SHIYO
0.005178 GEL
Exchange 5 SHIYO for 0.005178 GEL
10 SHIYO
0.01036 GEL
Exchange 10 SHIYO for 0.01036 GEL
20 SHIYO
0.02071 GEL
Exchange 20 SHIYO for 0.02071 GEL
50 SHIYO
0.05178 GEL
Exchange 50 SHIYO for 0.05178 GEL
100 SHIYO
0.1036 GEL
Exchange 100 SHIYO for 0.1036 GEL
200 SHIYO
0.2071 GEL
Exchange 200 SHIYO for 0.2071 GEL
500 SHIYO
0.5178 GEL
Exchange 500 SHIYO for 0.5178 GEL
1000 SHIYO
1.04 GEL
Exchange 1000 SHIYO for 1.04 GEL
5000 SHIYO
5.18 GEL
Exchange 5000 SHIYO for 5.18 GEL
10000 SHIYO
10.36 GEL
Exchange 10000 SHIYO for 10.36 GEL
In the table above, you'll find a comprehensive SHIYO to GEL converter that shows the value of SHIYO in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 SHIYO to GEL, all the way up to 10000 SHIYO, providing a clear view of their respective values.
Georgian Lari
SHIYO
1 GEL
965.71 SHIYO
Exchange 1 GEL for 965.71 SHIYO
10 GEL
9,657.14 SHIYO
Exchange 10 GEL for 9,657.14 SHIYO
50 GEL
48,285.68 SHIYO
Exchange 50 GEL for 48,285.68 SHIYO
100 GEL
96,571.37 SHIYO
Exchange 100 GEL for 96,571.37 SHIYO
200 GEL
193,142.73 SHIYO
Exchange 200 GEL for 193,142.73 SHIYO
500 GEL
482,856.83 SHIYO
Exchange 500 GEL for 482,856.83 SHIYO
1000 GEL
965,713.66 SHIYO
Exchange 1000 GEL for 965,713.66 SHIYO
2000 GEL
1,931,427.32 SHIYO
Exchange 2000 GEL for 1,931,427.32 SHIYO
5000 GEL
4,828,568.3 SHIYO
Exchange 5000 GEL for 4,828,568.3 SHIYO
10000 GEL
9,657,136.61 SHIYO
Exchange 10000 GEL for 9,657,136.61 SHIYO
50000 GEL
48,285,683.04 SHIYO
Exchange 50000 GEL for 48,285,683.04 SHIYO
100000 GEL
96,571,366.09 SHIYO
Exchange 100000 GEL for 96,571,366.09 SHIYO
In the table above, you'll find a comprehensive GEL to SHIYO converter that shows the value of Georgian Lari in SHIYO across commonly used conversion amounts. The list covers conversions from 1 GEL to SHIYO, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, SHIYO has changed 0.00% to GEL. Based on the trend and price charts, SHIYO(SHIYO) has changed 0.00% to GEL while Georgian Lari(GEL) has changed % to SHIYO in the last 24 hours.
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SHIYO to GEL conversion data: Volatility and price changes of SHIYO in GEL
The highest SHIYO price in GEL over the past 7 days was -- GEL while the lowest SHIYO price in GEL over the past 7 days was -- GEL. The relative change between the highs and lows in SHIYO price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and SHIYO 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 GEL
-- GEL
-- GEL
-- GEL
Low
0 GEL
-- GEL
-- GEL
-- GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
--
--
--
--
Buy
Sell
Buy SHIYO (or USDT) for GEL (Georgian Lari) offers
SHIYO's current market price is ₾0.001036 per SHIYO, with a total market cap of ₾1,350.21 GEL based on a circulating supply of 1,303,920.4 SHIYO. The trading volume of SHIYO has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, SHIYO'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 SHIYO currency pair is the SHIYO to GEL, with for SHIYO's currency code being SHIYO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 SHIYO 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 SHIYO was ₾-- GEL , which represents a --% change from its current value. Over the last year, SHIYO has changed by
-₾
--GEL
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount
17:45 today
24 hours ago
24h change
0.5 SHIYO
₾0.0005178
₾--
0.00%
1 SHIYO
₾0.001036
₾--
0.00%
5 SHIYO
₾0.005178
₾--
0.00%
10 SHIYO
₾0.01036
₾--
0.00%
50 SHIYO
₾0.05178
₾--
0.00%
100 SHIYO
₾0.1036
₾--
0.00%
500 SHIYO
₾0.5178
₾--
0.00%
1000 SHIYO
₾1.04
₾--
0.00%
SHIYO to GEL FAQ
How much is 1 SHIYO in GEL?
Right now, the price of 1 SHIYO (SHIYO) in Georgian Lari (GEL) is ₾0.001036.
How much SHIYO can I buy for 1 GEL?
Based on the current exchange rate, you can get 965.71 SHIYO for 1 GEL.
How do I calculate or convert SHIYO to GEL?
You can use our SHIYO to GEL calculator at the top of this page to convert any amount of SHIYO to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 4,828.57 SHIYO, while 5 SHIYO will cost around 0.005178GEL.
What is the highest price of SHIYO/GEL in history?
The all-time high price of 1 SHIYO in GEL is --. It remains to be seen if the value of 1 SHIYO/GEL will exceed the current all-time high.
What is the price trend of SHIYO in GEL?
Over the past 7 days, the exchange rate of SHIYO (SHIYO) has gone down by --.
Over the last month, the exchange rate of SHIYO (SHIYO) has gone down by -- against Georgian Lari (GEL).
What factors influence the conversion rate of SHIYO to GEL?
There are many factors that affect the relationship between SHIYO 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 SHIYO/GEL. When there is positive news in the market about the widespread adoption of SHIYO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHIYO/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHIYO/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 SHIYO/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 SHIYO and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular SHIYO currency pairs: SHIYO to US Dollar (USD), SHIYO to Euro (EUR), SHIYO to Pound Sterling (GBP), SHIYO to Canadian Dollar (CAD), SHIYO to Indian Rupee (INR), SHIYO to Pakistani Rupee (PKR), SHIYO to Brazilian Real (BRL), SHIYO to… The price of SHIYO in the US is $0.0003821 USD. Additionally, SHIYO’s price is €0.0003301 EUR in the eurozone, £0.0002866 GBP in the UK, C$0.0005361 CAD in Canada, ₹0.03387 INR in India, ₨0.1083 PKR in Pakistan, R$0.002083 BRL in Brazil, and more. The most popular SHIYO currency pair is the SHIYO to Georgian Lari(GEL). The price of 1 SHIYO (SHIYO) in Georgian Lari (GEL) is ₾0.001036.
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.