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base info Tether USDt

Tether USDt to Georgian Lari Converter and calculator

Convert 1Tether USDt (USDT) to Georgian Lari (GEL) equals ₾ 2.67 | 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 Tether USDt currency pair is the USDT to GEL, with for Tether USDt's currency code being USDT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

USDT to GEL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Tether USDt has changed -0.04% to GEL. Based on the trend and price charts, Tether USDt(USDT) has changed -0.04% to GEL while Georgian Lari(GEL) has changed % to USDT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₾2.67
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/16 13:18:08(UTC+0)

What factors influence the conversion rate of Tether USDt to Georgian Lari?

Tether USDt to Georgian Lari is rising this week.
Tether USDt's current market price is ₾ 2.67 per USDT, with a total market cap of ₾ 288,728,427,545.97 GEL based on a circulating supply of 108,100,166,000 USDT. The trading volume of Tether USDt has changed by +3.46% (₾ 7,923,975,931.83 GEL) in the last 24 hours. Last trading day, USDT's trading volume was ₾ 229,275,076,873.73.
Market cap
$108.14B
24h volume
$88.84B
Circulating supply
108.10B USDT

Conversion tables

The exchange rate of Tether USDt is increasing.
1 USDT is currently valued at ₾ 2.67 GEL , which means buying 5 USDT will cost ₾ 13.35 GEL . Similarly, ₾1 GEL can be traded for 0.3744 USDT, and ₾50 GEL can be converted to 18.72 USDT, excluding any platform or gas fees.
The exchange rate of 1 USDT to Georgian Lari has changed by +0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.04%, reaching a high of 2.67 GEL and a low of 2.67 GEL . One month ago, the value of 1 USDT was ₾ 2.67 GEL , which represents a +0.17% change from its current value. Over the last year, Tether USDt has changed by
+
0.0002132GEL
, resulting in a change of +0.01% in its value.

USDT to GEL

Amount
13:18 today
0.5 USDT
1.34
1 USDT
2.67
5 USDT
13.35
10 USDT
26.71
50 USDT
133.55
100 USDT
267.09
500 USDT
1,335.47
1000 USDT
2,670.93

GEL to USDT

Amount13:18 today
0.5GEL0.1872  USDT
1GEL0.3744  USDT
5GEL1.87  USDT
10GEL3.74  USDT
50GEL18.72  USDT
100GEL37.44  USDT
500GEL187.2  USDT
1000GEL374.4  USDT
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Today vs. 24 hours ago

Amount13:18 today24 hours ago24h change
0.5 USDT$0.5002$0.5004
-0.04%
1 USDT$1$1
-0.04%
5 USDT$5$5
-0.04%
10 USDT$10$10.01
-0.04%
50 USDT$50.02$50.04
-0.04%
100 USDT$100.03$100.07
-0.04%
500 USDT$500.17$500.35
-0.04%
1000 USDT$1,000.35$1,000.7
-0.04%

Today vs. 1 month ago

Amount13:18 today1 month ago1M change
0.5 USDT$0.5002$0.4993
+0.17%
1 USDT$1$0.9986
+0.17%
5 USDT$5$4.99
+0.17%
10 USDT$10$9.99
+0.17%
50 USDT$50.02$49.93
+0.17%
100 USDT$100.03$99.86
+0.17%
500 USDT$500.17$499.32
+0.17%
1000 USDT$1,000.35$998.64
+0.17%

Today vs. 1 year ago

Amount13:18 today1 year ago1Y change
0.5 USDT$0.5002$0.5001
+0.01%
1 USDT$1$1
+0.01%
5 USDT$5$5
+0.01%
10 USDT$10$10
+0.01%
50 USDT$50.02$50.01
+0.01%
100 USDT$100.03$100.03
+0.01%
500 USDT$500.17$500.13
+0.01%
1000 USDT$1,000.35$1,000.27
+0.01%

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.