Bitget converter provides WALV to GEL real-time exchange rates, making it easy to convert Wrapped Alvey Chain (WALV) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 WALV is currently valued at 0.004973 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WALV is currently valued at 0.004973 GEL, which means buying 5 WALV would cost 0.02486 GEL. Similarly, ₾1 GEL can be converted to 201.1 WALV, and ₾50 GEL can be converted to 1,005.48 WALV, excluding any platform or gas fees.
Conversion rates
Convert WALV to GEL
Convert GEL to WALV
Wrapped Alvey Chain
Georgian Lari
1 WALV
0.004973 GEL
Exchange 1 WALV for 0.004973 GEL
2 WALV
0.009946 GEL
Exchange 2 WALV for 0.009946 GEL
5 WALV
0.02486 GEL
Exchange 5 WALV for 0.02486 GEL
10 WALV
0.04973 GEL
Exchange 10 WALV for 0.04973 GEL
20 WALV
0.09946 GEL
Exchange 20 WALV for 0.09946 GEL
50 WALV
0.2486 GEL
Exchange 50 WALV for 0.2486 GEL
100 WALV
0.4973 GEL
Exchange 100 WALV for 0.4973 GEL
200 WALV
0.9946 GEL
Exchange 200 WALV for 0.9946 GEL
500 WALV
2.49 GEL
Exchange 500 WALV for 2.49 GEL
1000 WALV
4.97 GEL
Exchange 1000 WALV for 4.97 GEL
5000 WALV
24.86 GEL
Exchange 5000 WALV for 24.86 GEL
10000 WALV
49.73 GEL
Exchange 10000 WALV for 49.73 GEL
In the table above, you'll find a comprehensive WALV to GEL converter that shows the value of Wrapped Alvey Chain in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 WALV to GEL, all the way up to 10000 WALV, providing a clear view of their respective values.
Georgian Lari
Wrapped Alvey Chain
1 GEL
201.1 WALV
Exchange 1 GEL for 201.1 WALV
10 GEL
2,010.96 WALV
Exchange 10 GEL for 2,010.96 WALV
50 GEL
10,054.8 WALV
Exchange 50 GEL for 10,054.8 WALV
100 GEL
20,109.59 WALV
Exchange 100 GEL for 20,109.59 WALV
200 GEL
40,219.18 WALV
Exchange 200 GEL for 40,219.18 WALV
500 GEL
100,547.96 WALV
Exchange 500 GEL for 100,547.96 WALV
1000 GEL
201,095.91 WALV
Exchange 1000 GEL for 201,095.91 WALV
2000 GEL
402,191.83 WALV
Exchange 2000 GEL for 402,191.83 WALV
5000 GEL
1,005,479.57 WALV
Exchange 5000 GEL for 1,005,479.57 WALV
10000 GEL
2,010,959.14 WALV
Exchange 10000 GEL for 2,010,959.14 WALV
50000 GEL
10,054,795.7 WALV
Exchange 50000 GEL for 10,054,795.7 WALV
100000 GEL
20,109,591.4 WALV
Exchange 100000 GEL for 20,109,591.4 WALV
In the table above, you'll find a comprehensive GEL to WALV converter that shows the value of Georgian Lari in Wrapped Alvey Chain across commonly used conversion amounts. The list covers conversions from 1 GEL to WALV, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Wrapped Alvey Chain has changed -0.66% to GEL. Based on the trend and price charts, Wrapped Alvey Chain(WALV) has changed -0.66% to GEL while Georgian Lari(GEL) has changed % to WALV in the last 24 hours.
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WALV to GEL conversion data: Volatility and price changes of Wrapped Alvey Chain in GEL
The highest Wrapped Alvey Chain price in GEL over the past 7 days was 0.02495 GEL while the lowest Wrapped Alvey Chain price in GEL over the past 7 days was 0.02135 GEL. The relative change between the highs and lows in Wrapped Alvey Chain price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and WALV to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Wrapped Alvey Chain to Georgian Lari is rising this week.
Wrapped Alvey Chain's current market price is ₾0.004973 per WALV, with a total market cap of ₾1,591,280.49 GEL based on a circulating supply of 320,000,000 WALV. The trading volume of Wrapped Alvey Chain has changed by -8.47% (₾-21,351.51 GEL) in the last 24 hours. Last trading day, WALV's trading volume was ₾251,947.13.
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 Wrapped Alvey Chain currency pair is the WALV to GEL, with for Wrapped Alvey Chain's currency code being WALV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of Wrapped Alvey Chain is decreasing.
The exchange rate of 1 WALV to Georgian Lari has changed by +2.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.66%, reaching a high of 0.02265 GEL and a low of 0.02193 GEL . One month ago, the value of 1 WALV was ₾0.01422 GEL , which represents a -29.63% change from its current value. Over the last year, Wrapped Alvey Chain has changed by
-₾
0.05621GEL
, resulting in a change of -71.90% in its value.
24 hours ago1 month ago1 year ago
Amount
08:20 am today
24 hours ago
24h change
0.5 WALV
₾0.002486
₾0.002560
-0.66%
1 WALV
₾0.004973
₾0.005120
-0.66%
5 WALV
₾0.02486
₾0.02560
-0.66%
10 WALV
₾0.04973
₾0.05120
-0.66%
50 WALV
₾0.2486
₾0.2560
-0.66%
100 WALV
₾0.4973
₾0.5120
-0.66%
500 WALV
₾2.49
₾2.56
-0.66%
1000 WALV
₾4.97
₾5.12
-0.66%
WALV to GEL FAQ
How much is 1 Wrapped Alvey Chain in GEL?
Right now, the price of 1 Wrapped Alvey Chain (WALV) in Georgian Lari (GEL) is ₾0.004973.
How much WALV can I buy for 1 GEL?
Based on the current exchange rate, you can get 201.1 WALV for 1 GEL.
How do I calculate or convert WALV to GEL?
You can use our WALV to GEL calculator at the top of this page to convert any amount of WALV to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 1,005.48 WALV, while 5 WALV will cost around 0.02486GEL.
What is the highest price of WALV/GEL in history?
The all-time high price of 1 WALV in GEL is ₾0.5124. It remains to be seen if the value of 1 WALV/GEL will exceed the current all-time high.
What is the price trend of Wrapped Alvey Chain in GEL?
Over the past 7 days, the exchange rate of Wrapped Alvey Chain (WALV) has gone up by 2.08%.
Over the last month, the exchange rate of Wrapped Alvey Chain (WALV) has gone down by 29.63% against Georgian Lari (GEL).
What factors influence the conversion rate of WALV to GEL?
There are many factors that affect the relationship between Wrapped Alvey Chain 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 WALV/GEL. When there is positive news in the market about the widespread adoption of WALV or major technological breakthroughs, it tends to trigger market optimism and drive the rise of WALV/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in WALV/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 WALV/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 Wrapped Alvey Chain and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Wrapped Alvey Chain currency pairs: WALV to US Dollar (USD), WALV to Euro (EUR), WALV to Pound Sterling (GBP), WALV to Canadian Dollar (CAD), WALV to Indian Rupee (INR), WALV to Pakistani Rupee (PKR), WALV to Brazilian Real (BRL), WALV to… The price of Wrapped Alvey Chain in the US is $0.001842 USD. Additionally, Wrapped Alvey Chain’s price is €0.001589 EUR in the eurozone, £0.001386 GBP in the UK, C$0.002542 CAD in Canada, ₹0.1605 INR in India, ₨0.5217 PKR in Pakistan, R$0.01021 BRL in Brazil, and more. The most popular Wrapped Alvey Chain currency pair is the WALV to Georgian Lari(GEL). The price of 1 Wrapped Alvey Chain (WALV) in Georgian Lari (GEL) is ₾0.004973.
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.