Bitget converter provides VSG to GEL real-time exchange rates, making it easy to convert Vector Smart Gas (VSG) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 VSG is currently valued at 0.001355 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VSG is currently valued at 0.001355 GEL, which means buying 5 VSG would cost 0.006777 GEL. Similarly, ₾1 GEL can be converted to 737.82 VSG, and ₾50 GEL can be converted to 3,689.08 VSG, excluding any platform or gas fees.
Conversion rates
Convert VSG to GEL
Convert GEL to VSG
Vector Smart Gas
Georgian Lari
1 VSG
0.001355 GEL
Exchange 1 VSG for 0.001355 GEL
2 VSG
0.002711 GEL
Exchange 2 VSG for 0.002711 GEL
5 VSG
0.006777 GEL
Exchange 5 VSG for 0.006777 GEL
10 VSG
0.01355 GEL
Exchange 10 VSG for 0.01355 GEL
20 VSG
0.02711 GEL
Exchange 20 VSG for 0.02711 GEL
50 VSG
0.06777 GEL
Exchange 50 VSG for 0.06777 GEL
100 VSG
0.1355 GEL
Exchange 100 VSG for 0.1355 GEL
200 VSG
0.2711 GEL
Exchange 200 VSG for 0.2711 GEL
500 VSG
0.6777 GEL
Exchange 500 VSG for 0.6777 GEL
1000 VSG
1.36 GEL
Exchange 1000 VSG for 1.36 GEL
5000 VSG
6.78 GEL
Exchange 5000 VSG for 6.78 GEL
10000 VSG
13.55 GEL
Exchange 10000 VSG for 13.55 GEL
In the table above, you'll find a comprehensive VSG to GEL converter that shows the value of Vector Smart Gas in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 VSG to GEL, all the way up to 10000 VSG, providing a clear view of their respective values.
Georgian Lari
Vector Smart Gas
1 GEL
737.82 VSG
Exchange 1 GEL for 737.82 VSG
10 GEL
7,378.15 VSG
Exchange 10 GEL for 7,378.15 VSG
50 GEL
36,890.77 VSG
Exchange 50 GEL for 36,890.77 VSG
100 GEL
73,781.53 VSG
Exchange 100 GEL for 73,781.53 VSG
200 GEL
147,563.06 VSG
Exchange 200 GEL for 147,563.06 VSG
500 GEL
368,907.65 VSG
Exchange 500 GEL for 368,907.65 VSG
1000 GEL
737,815.3 VSG
Exchange 1000 GEL for 737,815.3 VSG
2000 GEL
1,475,630.61 VSG
Exchange 2000 GEL for 1,475,630.61 VSG
5000 GEL
3,689,076.52 VSG
Exchange 5000 GEL for 3,689,076.52 VSG
10000 GEL
7,378,153.03 VSG
Exchange 10000 GEL for 7,378,153.03 VSG
50000 GEL
36,890,765.15 VSG
Exchange 50000 GEL for 36,890,765.15 VSG
100000 GEL
73,781,530.31 VSG
Exchange 100000 GEL for 73,781,530.31 VSG
In the table above, you'll find a comprehensive GEL to VSG converter that shows the value of Georgian Lari in Vector Smart Gas across commonly used conversion amounts. The list covers conversions from 1 GEL to VSG, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Vector Smart Gas has changed +13.12% to GEL. Based on the trend and price charts, Vector Smart Gas(VSG) has changed +13.12% to GEL while Georgian Lari(GEL) has changed % to VSG in the last 24 hours.
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VSG to GEL conversion data: Volatility and price changes of Vector Smart Gas in GEL
The highest Vector Smart Gas price in GEL over the past 7 days was 0.003879 GEL while the lowest Vector Smart Gas price in GEL over the past 7 days was 0.002722 GEL. The relative change between the highs and lows in Vector Smart Gas price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and VSG to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Vector Smart Gas to Georgian Lari is falling this week.
Vector Smart Gas's current market price is ₾0.001355 per VSG, with a total market cap of ₾13,553,527.87 GEL based on a circulating supply of 10,000,000,000 VSG. The trading volume of Vector Smart Gas has changed by -7.09% (₾-37,228.18 GEL) in the last 24 hours. Last trading day, VSG's trading volume was ₾524,791.51.
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 Vector Smart Gas currency pair is the VSG to GEL, with for Vector Smart Gas's currency code being VSG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of Vector Smart Gas is increasing.
The exchange rate of 1 VSG to Georgian Lari has changed by -8.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +13.12%, reaching a high of 0.003401 GEL and a low of 0.002722 GEL . One month ago, the value of 1 VSG was ₾0.0007955 GEL , which represents a +21.52% change from its current value. Over the last year, Vector Smart Gas has changed by
+₾
0.0004655GEL
, resulting in a change of +17.27% in its value.
24 hours ago1 month ago1 year ago
Amount
23:41 today
24 hours ago
24h change
0.5 VSG
₾0.0006777
₾0.0004944
+13.12%
1 VSG
₾0.001355
₾0.0009888
+13.12%
5 VSG
₾0.006777
₾0.004944
+13.12%
10 VSG
₾0.01355
₾0.009888
+13.12%
50 VSG
₾0.06777
₾0.04944
+13.12%
100 VSG
₾0.1355
₾0.09888
+13.12%
500 VSG
₾0.6777
₾0.4944
+13.12%
1000 VSG
₾1.36
₾0.9888
+13.12%
VSG to GEL FAQ
How much is 1 Vector Smart Gas in GEL?
Right now, the price of 1 Vector Smart Gas (VSG) in Georgian Lari (GEL) is ₾0.001355.
How much VSG can I buy for 1 GEL?
Based on the current exchange rate, you can get 737.82 VSG for 1 GEL.
How do I calculate or convert VSG to GEL?
You can use our VSG to GEL calculator at the top of this page to convert any amount of VSG to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 3,689.08 VSG, while 5 VSG will cost around 0.006777GEL.
What is the highest price of VSG/GEL in history?
The all-time high price of 1 VSG in GEL is ₾0.02345. It remains to be seen if the value of 1 VSG/GEL will exceed the current all-time high.
What is the price trend of Vector Smart Gas in GEL?
Over the past 7 days, the exchange rate of Vector Smart Gas (VSG) has gone down by 8.79%.
Over the last month, the exchange rate of Vector Smart Gas (VSG) has gone up by 21.52% against Georgian Lari (GEL).
What factors influence the conversion rate of VSG to GEL?
There are many factors that affect the relationship between Vector Smart Gas 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 VSG/GEL. When there is positive news in the market about the widespread adoption of VSG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VSG/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VSG/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 VSG/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 Vector Smart Gas and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Vector Smart Gas currency pairs: VSG to US Dollar (USD), VSG to Euro (EUR), VSG to Pound Sterling (GBP), VSG to Canadian Dollar (CAD), VSG to Indian Rupee (INR), VSG to Pakistani Rupee (PKR), VSG to Brazilian Real (BRL), VSG to… The price of Vector Smart Gas in the US is $0.0005020 USD. Additionally, Vector Smart Gas’s price is €0.0004331 EUR in the eurozone, £0.0003779 GBP in the UK, C$0.0006920 CAD in Canada, ₹0.04379 INR in India, ₨0.1406 PKR in Pakistan, R$0.002781 BRL in Brazil, and more. The most popular Vector Smart Gas currency pair is the VSG to Georgian Lari(GEL). The price of 1 Vector Smart Gas (VSG) in Georgian Lari (GEL) is ₾0.001355.
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.