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Polygon to Georgian Lari Converter and calculator

Convert 1Polygon (MATIC) to Georgian Lari (GEL) equals ₾ 1.97 | 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 Polygon(MATIC) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 MATIC at a value of 1 MATIC for 1.97 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 Polygon currency pair is the MATIC to GEL, with for Polygon's currency code being MATIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

MATIC to GEL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polygon has changed +9.29% to GEL. Based on the trend and price charts, Polygon(MATIC) has changed +9.29% to GEL while Georgian Lari(GEL) has changed % to MATIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₾1.94
0.0001% / 0.0004%vip-iconVIP
Binance
₾1.95
0.1000% / 0.1000%
Yes
Coinbase Exchange
₾1.95
0.1000% / 0.1000%
Yes
Kraken
₾1.94
0.1000% / 0.1000%
Yes
OKX
₾1.95
0.080% / 0.100%
Yes
Huobi
₾1.95
0.1000% / 0.1000%
Yes
Gate.io
₾1.95
0.1000% / 0.1000%
Yes
Bybit
₾1.94
0.1000% / 0.1000%
Yes
KuCoin
₾1.95
0.1000% / 0.1000%
Yes
Bitfinex
₾1.95
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 19:00:34(UTC+0)

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

Polygon to Georgian Lari is rising this week.
Polygon's current market price is ₾ 1.97 per MATIC, with a total market cap of ₾ 19,450,834,974.68 GEL based on a circulating supply of 9,894,740,000 MATIC. The trading volume of Polygon has changed by -38.45% (₾ -421,097,617.95 GEL) in the last 24 hours. Last trading day, MATIC's trading volume was ₾ 1,095,054,201.58.
Market cap
$7.30B
24h volume
$252.89M
Circulating supply
9.89B MATIC

Conversion tables

The exchange rate of Polygon is decreasing.
1 MATIC is currently valued at ₾ 1.97 GEL , which means buying 5 MATIC will cost ₾ 9.83 GEL . Similarly, ₾1 GEL can be traded for 0.5087 MATIC, and ₾50 GEL can be converted to 25.44 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Georgian Lari has changed by +3.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.29%, reaching a high of 1.96 GEL and a low of 1.77 GEL . One month ago, the value of 1 MATIC was ₾ 2.64 GEL , which represents a -25.67% change from its current value. Over the last year, Polygon has changed by
-
0.7457GEL
, resulting in a change of -27.55% in its value.

MATIC to GEL

Amount
19:45 today
0.5 MATIC
0.9829
1 MATIC
1.97
5 MATIC
9.83
10 MATIC
19.66
50 MATIC
98.29
100 MATIC
196.58
500 MATIC
982.89
1000 MATIC
1,965.78

GEL to MATIC

Amount19:45 today
0.5GEL0.2544  MATIC
1GEL0.5087  MATIC
5GEL2.54  MATIC
10GEL5.09  MATIC
50GEL25.44  MATIC
100GEL50.87  MATIC
500GEL254.35  MATIC
1000GEL508.71  MATIC
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Today vs. 24 hours ago

Amount19:45 today24 hours ago24h change
0.5 MATIC$0.3688$0.3375
+9.29%
1 MATIC$0.7376$0.6751
+9.29%
5 MATIC$3.69$3.38
+9.29%
10 MATIC$7.38$6.75
+9.29%
50 MATIC$36.88$33.75
+9.29%
100 MATIC$73.76$67.51
+9.29%
500 MATIC$368.81$337.55
+9.29%
1000 MATIC$737.63$675.1
+9.29%

Today vs. 1 month ago

Amount19:45 today1 month ago1M change
0.5 MATIC$0.3688$0.4959
-25.67%
1 MATIC$0.7376$0.9917
-25.67%
5 MATIC$3.69$4.96
-25.67%
10 MATIC$7.38$9.92
-25.67%
50 MATIC$36.88$49.59
-25.67%
100 MATIC$73.76$99.17
-25.67%
500 MATIC$368.81$495.85
-25.67%
1000 MATIC$737.63$991.7
-25.67%

Today vs. 1 year ago

Amount19:45 today1 year ago1Y change
0.5 MATIC$0.3688$0.5087
-27.55%
1 MATIC$0.7376$1.02
-27.55%
5 MATIC$3.69$5.09
-27.55%
10 MATIC$7.38$10.17
-27.55%
50 MATIC$36.88$50.87
-27.55%
100 MATIC$73.76$101.74
-27.55%
500 MATIC$368.81$508.71
-27.55%
1000 MATIC$737.63$1,017.43
-27.55%

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.