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Maker to Georgian Lari Converter and calculator

Convert 1Maker (MKR) to Georgian Lari (GEL) equals ₾ 8,224.89 | Bitget
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 Maker(MKR) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 MKR at a value of 1 MKR for 8,224.89 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 Maker currency pair is the MKR to GEL, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

MKR to GEL conversion rate trend

In the past 1D, Maker has changed +1.62% to GEL. Based on the trend and price charts, Maker(MKR) has changed +1.62% to GEL while Georgian Lari(GEL) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/21 06:00:33(UTC+0)

What factors influence the conversion rate of Maker to Georgian Lari?

Maker to Georgian Lari is rising this week.
Maker's current market price is ₾ 8,224.89 per MKR, with a total market cap of ₾ 7,605,699,022.41 GEL based on a circulating supply of 924,717.25 MKR. The trading volume of Maker has changed by -19.44% (₾ -54,340,975.82 GEL) in the last 24 hours. Last trading day, MKR's trading volume was ₾ 279,536,082.47.
Market cap
24h volume
Circulating supply
924.72K MKR

Conversion tables

The exchange rate of Maker is decreasing.
1 MKR is currently valued at ₾ 8,224.89 GEL , which means buying 5 MKR will cost ₾ 41,124.46 GEL . Similarly, ₾1 GEL can be traded for 0.0001216 MKR, and ₾50 GEL can be converted to 0.006079 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Georgian Lari has changed by +5.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.62%, reaching a high of 8,414.96 GEL and a low of 7,965.74 GEL . One month ago, the value of 1 MKR was ₾ 8,763.64 GEL , which represents a -6.17% change from its current value. Over the last year, Maker has changed by
, resulting in a change of +344.77% in its value.


06:12 am today
0.5 MKR
10 MKR
50 MKR
100 MKR
500 MKR
1000 MKR


Amount06:12 am today
0.5GEL0.{4}6079  MKR
1GEL0.0001216  MKR
5GEL0.0006079  MKR
10GEL0.001216  MKR
50GEL0.006079  MKR
100GEL0.01216  MKR
500GEL0.06079  MKR
1000GEL0.1216  MKR

Today vs. 24 hours ago

Amount06:12 am today24 hours ago24h change
0.5 MKR$1,543.13$1,518.61
1 MKR$3,086.26$3,037.21
5 MKR$15,431.32$15,186.07
10 MKR$30,862.63$30,372.15
50 MKR$154,313.16$151,860.74
100 MKR$308,626.32$303,721.48
500 MKR$1,543,131.6$1,518,607.4
1000 MKR$3,086,263.2$3,037,214.8

Today vs. 1 month ago

Amount06:12 am today1 month ago1M change
0.5 MKR$1,543.13$1,644.21
1 MKR$3,086.26$3,288.42
5 MKR$15,431.32$16,442.1
10 MKR$30,862.63$32,884.19
50 MKR$154,313.16$164,420.95
100 MKR$308,626.32$328,841.9
500 MKR$1,543,131.6$1,644,209.5
1000 MKR$3,086,263.2$3,288,419

Today vs. 1 year ago

Amount06:12 am today1 year ago1Y change
0.5 MKR$1,543.13$352
1 MKR$3,086.26$704.01
5 MKR$15,431.32$3,520.05
10 MKR$30,862.63$7,040.1
50 MKR$154,313.16$35,200.5
100 MKR$308,626.32$70,401
500 MKR$1,543,131.6$352,005
1000 MKR$3,086,263.2$704,010


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