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Ethereum Classic to Georgian Lari Converter and calculator

Convert 1Ethereum Classic (ETC) to Georgian Lari (GEL) equals ₾ 74.03 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ethereum Classic(ETC) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 ETC at a value of 1 ETC for 74.03 GEL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

GEL 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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Bitget crypto-to-fiat exchange data shows that the most popular Ethereum Classic currency pair is the ETC to GEL, with for Ethereum Classic's currency code being ETC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

ETC to GEL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ethereum Classic has changed +5.88% to GEL. Based on the trend and price charts, Ethereum Classic(ETC) has changed +5.88% to GEL while Georgian Lari(GEL) has changed % to ETC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₾72.55
0.0001% / 0.0004%vip-iconVIP
Binance
₾72.73
0.1000% / 0.1000%
Yes
OKX
₾72.75
0.080% / 0.100%
Yes
Huobi
₾72.76
0.1000% / 0.1000%
Yes
Gate.io
₾72.67
0.1000% / 0.1000%
Yes
Bybit
₾72.59
0.1000% / 0.1000%
Yes
KuCoin
₾72.84
0.1000% / 0.1000%
Yes
Bitfinex
₾72.34
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 16:00:35(UTC+0)

What factors influence the conversion rate of Ethereum Classic to Georgian Lari?

Ethereum Classic to Georgian Lari is falling this week.
Ethereum Classic's current market price is ₾ 74.03 per ETC, with a total market cap of ₾ 10,857,212,562.43 GEL based on a circulating supply of 146,649,820 ETC. The trading volume of Ethereum Classic has changed by -39.37% (₾ -309,454,543.22 GEL) in the last 24 hours. Last trading day, ETC's trading volume was ₾ 786,056,043.54.
Market cap
$4.07B
24h volume
$178.84M
Circulating supply
146.65M ETC

Conversion tables

The exchange rate of Ethereum Classic is decreasing.
1 ETC is currently valued at ₾ 74.03 GEL , which means buying 5 ETC will cost ₾ 370.17 GEL . Similarly, ₾1 GEL can be traded for 0.01351 ETC, and ₾50 GEL can be converted to 0.6754 ETC, excluding any platform or gas fees.
The exchange rate of 1 ETC to Georgian Lari has changed by -2.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.88%, reaching a high of 74.43 GEL and a low of 68.66 GEL . One month ago, the value of 1 ETC was ₾ 81.12 GEL , which represents a -8.74% change from its current value. Over the last year, Ethereum Classic has changed by
+
2.32GEL
, resulting in a change of +39.54% in its value.

ETC to GEL

Amount
16:48 today
0.5 ETC
37.02
1 ETC
74.03
5 ETC
370.17
10 ETC
740.35
50 ETC
3,701.75
100 ETC
7,403.5
500 ETC
37,017.48
1000 ETC
74,034.95

GEL to ETC

Amount16:48 today
0.5GEL0.006754  ETC
1GEL0.01351  ETC
5GEL0.06754  ETC
10GEL0.1351  ETC
50GEL0.6754  ETC
100GEL1.35  ETC
500GEL6.75  ETC
1000GEL13.51  ETC
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Today vs. 24 hours ago

Amount16:48 today24 hours ago24h change
0.5 ETC$13.89$13.12
+5.88%
1 ETC$27.78$26.24
+5.88%
5 ETC$138.9$131.2
+5.88%
10 ETC$277.8$262.39
+5.88%
50 ETC$1,389.02$1,311.97
+5.88%
100 ETC$2,778.05$2,623.94
+5.88%
500 ETC$13,890.24$13,119.69
+5.88%
1000 ETC$27,780.47$26,239.38
+5.88%

Today vs. 1 month ago

Amount16:48 today1 month ago1M change
0.5 ETC$13.89$15.22
-8.74%
1 ETC$27.78$30.44
-8.74%
5 ETC$138.9$152.2
-8.74%
10 ETC$277.8$304.41
-8.74%
50 ETC$1,389.02$1,522.04
-8.74%
100 ETC$2,778.05$3,044.08
-8.74%
500 ETC$13,890.24$15,220.38
-8.74%
1000 ETC$27,780.47$30,440.76
-8.74%

Today vs. 1 year ago

Amount16:48 today1 year ago1Y change
0.5 ETC$13.89$9.95
+39.54%
1 ETC$27.78$19.91
+39.54%
5 ETC$138.9$99.54
+39.54%
10 ETC$277.8$199.08
+39.54%
50 ETC$1,389.02$995.42
+39.54%
100 ETC$2,778.05$1,990.83
+39.54%
500 ETC$13,890.24$9,954.16
+39.54%
1000 ETC$27,780.47$19,908.32
+39.54%

FAQ

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.