Bitget converter provides WAXP to GEL real-time exchange rates, making it easy to convert WAX (WAXP) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 WAXP is currently valued at 0.05516 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WAXP is currently valued at 0.05516 GEL, which means buying 5 WAXP would cost 0.2758 GEL. Similarly, ₾1 GEL can be converted to 18.13 WAXP, and ₾50 GEL can be converted to 90.64 WAXP, excluding any platform or gas fees.
Conversion rates
Convert WAXP to GEL
Convert GEL to WAXP
WAX
Georgian Lari
1 WAXP
0.05516 GEL
Exchange 1 WAXP for 0.05516 GEL
2 WAXP
0.1103 GEL
Exchange 2 WAXP for 0.1103 GEL
5 WAXP
0.2758 GEL
Exchange 5 WAXP for 0.2758 GEL
10 WAXP
0.5516 GEL
Exchange 10 WAXP for 0.5516 GEL
20 WAXP
1.1 GEL
Exchange 20 WAXP for 1.1 GEL
50 WAXP
2.76 GEL
Exchange 50 WAXP for 2.76 GEL
100 WAXP
5.52 GEL
Exchange 100 WAXP for 5.52 GEL
200 WAXP
11.03 GEL
Exchange 200 WAXP for 11.03 GEL
500 WAXP
27.58 GEL
Exchange 500 WAXP for 27.58 GEL
1000 WAXP
55.16 GEL
Exchange 1000 WAXP for 55.16 GEL
5000 WAXP
275.81 GEL
Exchange 5000 WAXP for 275.81 GEL
10000 WAXP
551.61 GEL
Exchange 10000 WAXP for 551.61 GEL
In the table above, you'll find a comprehensive WAXP to GEL converter that shows the value of WAX in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 WAXP to GEL, all the way up to 10000 WAXP, providing a clear view of their respective values.
Georgian Lari
WAX
1 GEL
18.13 WAXP
Exchange 1 GEL for 18.13 WAXP
10 GEL
181.29 WAXP
Exchange 10 GEL for 181.29 WAXP
50 GEL
906.44 WAXP
Exchange 50 GEL for 906.44 WAXP
100 GEL
1,812.87 WAXP
Exchange 100 GEL for 1,812.87 WAXP
200 GEL
3,625.74 WAXP
Exchange 200 GEL for 3,625.74 WAXP
500 GEL
9,064.36 WAXP
Exchange 500 GEL for 9,064.36 WAXP
1000 GEL
18,128.71 WAXP
Exchange 1000 GEL for 18,128.71 WAXP
2000 GEL
36,257.42 WAXP
Exchange 2000 GEL for 36,257.42 WAXP
5000 GEL
90,643.56 WAXP
Exchange 5000 GEL for 90,643.56 WAXP
10000 GEL
181,287.12 WAXP
Exchange 10000 GEL for 181,287.12 WAXP
50000 GEL
906,435.61 WAXP
Exchange 50000 GEL for 906,435.61 WAXP
100000 GEL
1,812,871.22 WAXP
Exchange 100000 GEL for 1,812,871.22 WAXP
In the table above, you'll find a comprehensive GEL to WAXP converter that shows the value of Georgian Lari in WAX across commonly used conversion amounts. The list covers conversions from 1 GEL to WAXP, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, WAX has changed +1.95% to GEL. Based on the trend and price charts, WAX(WAXP) has changed +1.95% to GEL while Georgian Lari(GEL) has changed % to WAXP in the last 24 hours.
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WAXP to GEL conversion data: Volatility and price changes of WAX in GEL
The highest WAX price in GEL over the past 7 days was 0.06379 GEL while the lowest WAX price in GEL over the past 7 days was 0.05264 GEL. The relative change between the highs and lows in WAX price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and WAXP to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
WAX's current market price is ₾0.05516 per WAXP, with a total market cap of ₾244,342,367.17 GEL based on a circulating supply of 4,429,612,000 WAXP. The trading volume of WAX has changed by -14.39% (₾-1,648,232.85 GEL) in the last 24 hours. Last trading day, WAXP's trading volume was ₾11,450,832.65.
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 WAX currency pair is the WAXP to GEL, with for WAX's currency code being WAXP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 WAXP to Georgian Lari has changed by -10.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.95%, reaching a high of 0.05568 GEL and a low of 0.05264 GEL . One month ago, the value of 1 WAXP was ₾0.05154 GEL , which represents a +7.03% change from its current value. Over the last year, WAX has changed by
-₾
0.03974GEL
, resulting in a change of -41.86% in its value.
24 hours ago1 month ago1 year ago
Amount
15:26 today
24 hours ago
24h change
0.5 WAXP
₾0.02758
₾0.02705
+1.95%
1 WAXP
₾0.05516
₾0.05410
+1.95%
5 WAXP
₾0.2758
₾0.2705
+1.95%
10 WAXP
₾0.5516
₾0.5410
+1.95%
50 WAXP
₾2.76
₾2.71
+1.95%
100 WAXP
₾5.52
₾5.41
+1.95%
500 WAXP
₾27.58
₾27.05
+1.95%
1000 WAXP
₾55.16
₾54.1
+1.95%
WAXP to GEL FAQ
How much is 1 WAX in GEL?
Right now, the price of 1 WAX (WAXP) in Georgian Lari (GEL) is ₾0.05516.
How much WAXP can I buy for 1 GEL?
Based on the current exchange rate, you can get 18.13 WAXP for 1 GEL.
How do I calculate or convert WAXP to GEL?
You can use our WAXP to GEL calculator at the top of this page to convert any amount of WAXP to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 90.64 WAXP, while 5 WAXP will cost around 0.2758GEL.
What is the highest price of WAXP/GEL in history?
The all-time high price of 1 WAXP in GEL is ₾13.53. It remains to be seen if the value of 1 WAXP/GEL will exceed the current all-time high.
What is the price trend of WAX in GEL?
Over the past 7 days, the exchange rate of WAX (WAXP) has gone down by 10.86%.
Over the last month, the exchange rate of WAX (WAXP) has gone up by 7.03% against Georgian Lari (GEL).
What factors influence the conversion rate of WAXP to GEL?
There are many factors that affect the relationship between WAX 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 WAXP/GEL. When there is positive news in the market about the widespread adoption of WAXP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of WAXP/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in WAXP/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 WAXP/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 WAX and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular WAX currency pairs: WAXP to US Dollar (USD), WAXP to Euro (EUR), WAXP to Pound Sterling (GBP), WAXP to Canadian Dollar (CAD), WAXP to Indian Rupee (INR), WAXP to Pakistani Rupee (PKR), WAXP to Brazilian Real (BRL), WAXP to… The price of WAX in the US is $0.02043 USD. Additionally, WAX’s price is €0.01763 EUR in the eurozone, £0.01538 GBP in the UK, C$0.02820 CAD in Canada, ₹1.78 INR in India, ₨5.71 PKR in Pakistan, R$0.1132 BRL in Brazil, and more. The most popular WAX currency pair is the WAXP to Georgian Lari(GEL). The price of 1 WAX (WAXP) in Georgian Lari (GEL) is ₾0.05516.
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.