Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Toncoin

Toncoin to Georgian Lari Converter and calculator

Convert 1Toncoin (TON) to Georgian Lari (GEL) equals ₾ 16.37 | Bitget
TON
TON
swap
GEL
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Toncoin(TON) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 TON at a value of 1 TON for 16.37 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Toncoin currency pair is the TON to GEL, with for Toncoin's currency code being TON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

TON to GEL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Toncoin has changed -0.93% to GEL. Based on the trend and price charts, Toncoin(TON) has changed -0.93% to GEL while Georgian Lari(GEL) has changed % to TON in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₾16.36
0.0001% / 0.0004%vip-iconVIP
OKX
₾16.36
0.080% / 0.100%
Yes
Huobi
₾16.36
0.1000% / 0.1000%
Yes
Gate.io
₾16.36
0.1000% / 0.1000%
Yes
Bybit
₾16.36
0.1000% / 0.1000%
Yes
KuCoin
₾16.37
0.1000% / 0.1000%
Yes
Bitfinex
₾16.35
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 23:00:31(UTC+0)

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

Toncoin to Georgian Lari is falling this week.
Toncoin's current market price is ₾ 16.37 per TON, with a total market cap of ₾ 56,814,183,584 GEL based on a circulating supply of 3,471,227,600 TON. The trading volume of Toncoin has changed by -33.82% (₾ -284,394,799.82 GEL) in the last 24 hours. Last trading day, TON's trading volume was ₾ 840,874,832.79.
Market cap
$21.32B
24h volume
$208.81M
Circulating supply
3.47B TON

Conversion tables

The exchange rate of Toncoin is increasing.
1 TON is currently valued at ₾ 16.37 GEL , which means buying 5 TON will cost ₾ 81.84 GEL . Similarly, ₾1 GEL can be traded for 0.06110 TON, and ₾50 GEL can be converted to 3.05 TON, excluding any platform or gas fees.
The exchange rate of 1 TON to Georgian Lari has changed by -9.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.93%, reaching a high of 16.78 GEL and a low of 16.02 GEL . One month ago, the value of 1 TON was ₾ 11.9 GEL , which represents a +37.51% change from its current value. Over the last year, Toncoin has changed by
+
2.23GEL
, resulting in a change of +166.28% in its value.

TON to GEL

Amount
23:29 today
0.5 TON
8.18
1 TON
16.37
5 TON
81.84
10 TON
163.67
50 TON
818.36
100 TON
1,636.72
500 TON
8,183.59
1000 TON
16,367.17

GEL to TON

Amount23:29 today
0.5GEL0.03055  TON
1GEL0.06110  TON
5GEL0.3055  TON
10GEL0.6110  TON
50GEL3.05  TON
100GEL6.11  TON
500GEL30.55  TON
1000GEL61.1  TON
share

Today vs. 24 hours ago

Amount23:29 today24 hours ago24h change
0.5 TON$3.07$3.1
-0.93%
1 TON$6.14$6.2
-0.93%
5 TON$30.71$30.99
-0.93%
10 TON$61.42$61.99
-0.93%
50 TON$307.08$309.95
-0.93%
100 TON$614.15$619.9
-0.93%
500 TON$3,070.76$3,099.48
-0.93%
1000 TON$6,141.53$6,198.97
-0.93%

Today vs. 1 month ago

Amount23:29 today1 month ago1M change
0.5 TON$3.07$2.23
+37.51%
1 TON$6.14$4.47
+37.51%
5 TON$30.71$22.33
+37.51%
10 TON$61.42$44.66
+37.51%
50 TON$307.08$223.32
+37.51%
100 TON$614.15$446.64
+37.51%
500 TON$3,070.76$2,233.2
+37.51%
1000 TON$6,141.53$4,466.4
+37.51%

Today vs. 1 year ago

Amount23:29 today1 year ago1Y change
0.5 TON$3.07$1.15
+166.28%
1 TON$6.14$2.31
+166.28%
5 TON$30.71$11.53
+166.28%
10 TON$61.42$23.06
+166.28%
50 TON$307.08$115.32
+166.28%
100 TON$614.15$230.64
+166.28%
500 TON$3,070.76$1,153.22
+166.28%
1000 TON$6,141.53$2,306.43
+166.28%

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.