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base info Monero

Monero to Georgian Lari Converter and calculator

Convert 1Monero (XMR) to Georgian Lari (GEL) equals ₾ 301.41 | Bitget

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 Monero currency pair is the XMR to GEL, with for Monero's currency code being XMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

XMR to GEL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Monero has changed -4.44% to GEL. Based on the trend and price charts, Monero(XMR) has changed -4.44% to GEL while Georgian Lari(GEL) has changed % to XMR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₾301.41
0.0001% / 0.0004%vip-iconVIP
Binance
₾315.74
0.1000% / 0.1000%
Yes
Kraken
₾298.21
0.1000% / 0.1000%
Yes
OKX
₾422.94
0.080% / 0.100%
Yes
Huobi
₾298.8
0.1000% / 0.1000%
Yes
Gate.io
₾298.93
0.1000% / 0.1000%
Yes
KuCoin
₾298.77
0.1000% / 0.1000%
Yes
Bitfinex
₾298.21
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 03:00:38(UTC+0)

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

Monero to Georgian Lari is falling this week.
Monero's current market price is ₾ 301.41 per XMR, with a total market cap of ₾ 5,553,584,559.97 GEL based on a circulating supply of 18,425,430 XMR. The trading volume of Monero has changed by -15.70% (₾ -23,626,915.69 GEL) in the last 24 hours. Last trading day, XMR's trading volume was ₾ 150,531,137.13.
Market cap
$2.09B
24h volume
$47.71M
Circulating supply
18.43M XMR

Conversion tables

The exchange rate of Monero is decreasing.
1 XMR is currently valued at ₾ 301.41 GEL , which means buying 5 XMR will cost ₾ 1,507.04 GEL . Similarly, ₾1 GEL can be traded for 0.003318 XMR, and ₾50 GEL can be converted to 0.1659 XMR, excluding any platform or gas fees.
The exchange rate of 1 XMR to Georgian Lari has changed by -15.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.44%, reaching a high of 317.01 GEL and a low of 294.66 GEL . One month ago, the value of 1 XMR was ₾ 366.08 GEL , which represents a -17.66% change from its current value. Over the last year, Monero has changed by
-
109.66GEL
, resulting in a change of -26.67% in its value.

XMR to GEL

Amount
03:19 am today
0.5 XMR
150.7
1 XMR
301.41
5 XMR
1,507.04
10 XMR
3,014.09
50 XMR
15,070.43
100 XMR
30,140.87
500 XMR
150,704.33
1000 XMR
301,408.67

GEL to XMR

Amount03:19 am today
0.5GEL0.001659  XMR
1GEL0.003318  XMR
5GEL0.01659  XMR
10GEL0.03318  XMR
50GEL0.1659  XMR
100GEL0.3318  XMR
500GEL1.66  XMR
1000GEL3.32  XMR
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Today vs. 24 hours ago

Amount03:19 am today24 hours ago24h change
0.5 XMR$56.66$59.29
-4.44%
1 XMR$113.31$118.58
-4.44%
5 XMR$566.56$592.91
-4.44%
10 XMR$1,133.12$1,185.83
-4.44%
50 XMR$5,665.58$5,929.13
-4.44%
100 XMR$11,331.15$11,858.25
-4.44%
500 XMR$56,655.76$59,291.27
-4.44%
1000 XMR$113,311.53$118,582.53
-4.44%

Today vs. 1 month ago

Amount03:19 am today1 month ago1M change
0.5 XMR$56.66$68.81
-17.66%
1 XMR$113.31$137.62
-17.66%
5 XMR$566.56$688.12
-17.66%
10 XMR$1,133.12$1,376.24
-17.66%
50 XMR$5,665.58$6,881.21
-17.66%
100 XMR$11,331.15$13,762.42
-17.66%
500 XMR$56,655.76$68,812.11
-17.66%
1000 XMR$113,311.53$137,624.22
-17.66%

Today vs. 1 year ago

Amount03:19 am today1 year ago1Y change
0.5 XMR$56.66$77.27
-26.67%
1 XMR$113.31$154.54
-26.67%
5 XMR$566.56$772.69
-26.67%
10 XMR$1,133.12$1,545.38
-26.67%
50 XMR$5,665.58$7,726.9
-26.67%
100 XMR$11,331.15$15,453.8
-26.67%
500 XMR$56,655.76$77,269
-26.67%
1000 XMR$113,311.53$154,538
-26.67%

FAQ

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