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base info OKB

OKB to Georgian Lari Converter and calculator

Convert 1OKB (OKB) to Georgian Lari (GEL) equals ₾ 146.78 | 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 OKB(OKB) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 OKB at a value of 1 OKB for 146.78 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 OKB currency pair is the OKB to GEL, with for OKB's currency code being OKB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

OKB to GEL conversion rate trend

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In the past 1D, OKB has changed +0.73% to GEL. Based on the trend and price charts, OKB(OKB) has changed +0.73% to GEL while Georgian Lari(GEL) has changed % to OKB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₾146.78
0.0001% / 0.0004%vip-iconVIP
OKX
₾147.61
0.080% / 0.100%
Yes
Gate.io
₾147.45
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 16:00:23(UTC+0)

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

OKB to Georgian Lari is falling this week.
OKB's current market price is ₾ 146.78 per OKB, with a total market cap of ₾ 8,806,758,064.32 GEL based on a circulating supply of 60,000,000 OKB. The trading volume of OKB has changed by -28.35% (₾ -9,097,482.16 GEL) in the last 24 hours. Last trading day, OKB's trading volume was ₾ 32,085,357.14.
Market cap
$3.30B
24h volume
$8.63M
Circulating supply
60.00M OKB

Conversion tables

The exchange rate of OKB is decreasing.
1 OKB is currently valued at ₾ 146.78 GEL , which means buying 5 OKB will cost ₾ 733.9 GEL . Similarly, ₾1 GEL can be traded for 0.006813 OKB, and ₾50 GEL can be converted to 0.3406 OKB, excluding any platform or gas fees.
The exchange rate of 1 OKB to Georgian Lari has changed by -3.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.73%, reaching a high of 149.24 GEL and a low of 144.84 GEL . One month ago, the value of 1 OKB was ₾ 159.36 GEL , which represents a -7.89% change from its current value. Over the last year, OKB has changed by
+
1.45GEL
, resulting in a change of +6.87% in its value.

OKB to GEL

Amount
16:10 today
0.5 OKB
73.39
1 OKB
146.78
5 OKB
733.9
10 OKB
1,467.79
50 OKB
7,338.96
100 OKB
14,677.93
500 OKB
73,389.65
1000 OKB
146,779.3

GEL to OKB

Amount16:10 today
0.5GEL0.003406  OKB
1GEL0.006813  OKB
5GEL0.03406  OKB
10GEL0.06813  OKB
50GEL0.3406  OKB
100GEL0.6813  OKB
500GEL3.41  OKB
1000GEL6.81  OKB
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Today vs. 24 hours ago

Amount16:10 today24 hours ago24h change
0.5 OKB$27.54$27.34
+0.73%
1 OKB$55.08$54.68
+0.73%
5 OKB$275.38$273.4
+0.73%
10 OKB$550.77$546.8
+0.73%
50 OKB$2,753.83$2,733.98
+0.73%
100 OKB$5,507.67$5,467.96
+0.73%
500 OKB$27,538.33$27,339.82
+0.73%
1000 OKB$55,076.66$54,679.64
+0.73%

Today vs. 1 month ago

Amount16:10 today1 month ago1M change
0.5 OKB$27.54$29.9
-7.89%
1 OKB$55.08$59.8
-7.89%
5 OKB$275.38$298.98
-7.89%
10 OKB$550.77$597.96
-7.89%
50 OKB$2,753.83$2,989.8
-7.89%
100 OKB$5,507.67$5,979.6
-7.89%
500 OKB$27,538.33$29,898.01
-7.89%
1000 OKB$55,076.66$59,796.01
-7.89%

Today vs. 1 year ago

Amount16:10 today1 year ago1Y change
0.5 OKB$27.54$25.77
+6.87%
1 OKB$55.08$51.53
+6.87%
5 OKB$275.38$257.67
+6.87%
10 OKB$550.77$515.34
+6.87%
50 OKB$2,753.83$2,576.69
+6.87%
100 OKB$5,507.67$5,153.39
+6.87%
500 OKB$27,538.33$25,766.94
+6.87%
1000 OKB$55,076.66$51,533.88
+6.87%

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.