SPIN to GEL Converter and calculator


Conversion rates
Convert SPIN to GEL
Convert GEL to SPIN
SPIN to GEL chart
SPIN to GEL conversion data: Volatility and price changes of Spin It in GEL
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.004068 GEL | 0.004068 GEL | 0.004940 GEL | 0.009713 GEL |
Low | 0.004038 GEL | 0.004038 GEL | 0.004038 GEL | 0.004038 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | -0.73% | -2.08% | -17.95% | -52.18% |
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Spin It information
SPIN to GEL market statistics
Current SPIN to GEL exchange rate
Spin It to Georgian Lari is falling this week.More info about Spin It on Bitget
Georgian Lari information
About Georgian Lari (GEL)
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.
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SPIN to GEL Conversion tables
| Amount | 05:47 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 SPIN | ₾0.002019 | ₾0.002034 | -0.73% |
1 SPIN | ₾0.004038 | ₾0.004068 | -0.73% |
5 SPIN | ₾0.02019 | ₾0.02034 | -0.73% |
10 SPIN | ₾0.04038 | ₾0.04068 | -0.73% |
50 SPIN | ₾0.2019 | ₾0.2034 | -0.73% |
100 SPIN | ₾0.4038 | ₾0.4068 | -0.73% |
500 SPIN | ₾2.02 | ₾2.03 | -0.73% |
1000 SPIN | ₾4.04 | ₾4.07 | -0.73% |
SPIN to GEL FAQ
What factors influence the conversion rate of SPIN to GEL?
Popular exchange rates — Crypto-to-Fiat converter
The price of Spin It in the US is $0.001496 USD. Additionally, Spin It’s price is €0.001291 EUR in the eurozone, £0.001130 GBP in the UK, C$0.002099 CAD in Canada, ₹0.1338 INR in India, ₨0.4226 PKR in Pakistan, R$0.008011 BRL in Brazil, and more.
The most popular Spin It currency pair is the SPIN to Georgian Lari(GEL). The price of 1 Spin It (SPIN) in Georgian Lari (GEL) is ₾0.004038.
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