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XRP to Georgian Lari Converter and calculator

Convert 1XRP (XRP) to Georgian Lari (GEL) equals ₾ 1.32 | 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 XRP currency pair is the XRP to GEL, with for XRP's currency code being XRP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

XRP to GEL conversion rate trend

1D7D1M3M1YAll
In the past 1D, XRP has changed +0.37% to GEL. Based on the trend and price charts, XRP(XRP) has changed +0.37% to GEL while Georgian Lari(GEL) has changed % to XRP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₾1.32
0.0001% / 0.0004%vip-iconVIP
Binance
₾1.32
0.1000% / 0.1000%
Yes
Coinbase Exchange
₾1.32
0.1000% / 0.1000%
Yes
Kraken
₾1.32
0.1000% / 0.1000%
Yes
OKX
₾1.32
0.080% / 0.100%
Yes
Huobi
₾1.32
0.1000% / 0.1000%
Yes
Gate.io
₾1.32
0.1000% / 0.1000%
Yes
Bybit
₾1.32
0.1000% / 0.1000%
Yes
KuCoin
₾1.32
0.1000% / 0.1000%
Yes
Bitfinex
₾1.32
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 18:00:35(UTC+0)

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

XRP to Georgian Lari is falling this week.
XRP's current market price is ₾ 1.32 per XRP, with a total market cap of ₾ 72,709,556,237.45 GEL based on a circulating supply of 55,119,897,000 XRP. The trading volume of XRP has changed by -51.22% (₾ -6,520,958,385.51 GEL) in the last 24 hours. Last trading day, XRP's trading volume was ₾ 12,732,168,573.94.
Market cap
$27.23B
24h volume
$2.33B
Circulating supply
55.12B XRP

Conversion tables

The exchange rate of XRP is decreasing.
1 XRP is currently valued at ₾ 1.32 GEL , which means buying 5 XRP will cost ₾ 6.6 GEL . Similarly, ₾1 GEL can be traded for 0.7581 XRP, and ₾50 GEL can be converted to 37.9 XRP, excluding any platform or gas fees.
The exchange rate of 1 XRP to Georgian Lari has changed by -20.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.37%, reaching a high of 1.39 GEL and a low of 1.3 GEL . One month ago, the value of 1 XRP was ₾ 1.61 GEL , which represents a -18.25% change from its current value. Over the last year, XRP has changed by
-
0.07536GEL
, resulting in a change of -5.40% in its value.

XRP to GEL

Amount
18:39 today
0.5 XRP
0.6596
1 XRP
1.32
5 XRP
6.6
10 XRP
13.19
50 XRP
65.96
100 XRP
131.91
500 XRP
659.56
1000 XRP
1,319.12

GEL to XRP

Amount18:39 today
0.5GEL0.3790  XRP
1GEL0.7581  XRP
5GEL3.79  XRP
10GEL7.58  XRP
50GEL37.9  XRP
100GEL75.81  XRP
500GEL379.04  XRP
1000GEL758.08  XRP
share

Today vs. 24 hours ago

Amount18:39 today24 hours ago24h change
0.5 XRP$0.2470$0.2461
+0.37%
1 XRP$0.4941$0.4922
+0.37%
5 XRP$2.47$2.46
+0.37%
10 XRP$4.94$4.92
+0.37%
50 XRP$24.7$24.61
+0.37%
100 XRP$49.41$49.22
+0.37%
500 XRP$247.03$246.11
+0.37%
1000 XRP$494.05$492.21
+0.37%

Today vs. 1 month ago

Amount18:39 today1 month ago1M change
0.5 XRP$0.2470$0.3022
-18.25%
1 XRP$0.4941$0.6044
-18.25%
5 XRP$2.47$3.02
-18.25%
10 XRP$4.94$6.04
-18.25%
50 XRP$24.7$30.22
-18.25%
100 XRP$49.41$60.44
-18.25%
500 XRP$247.03$302.18
-18.25%
1000 XRP$494.05$604.36
-18.25%

Today vs. 1 year ago

Amount18:39 today1 year ago1Y change
0.5 XRP$0.2470$0.2611
-5.40%
1 XRP$0.4941$0.5223
-5.40%
5 XRP$2.47$2.61
-5.40%
10 XRP$4.94$5.22
-5.40%
50 XRP$24.7$26.11
-5.40%
100 XRP$49.41$52.23
-5.40%
500 XRP$247.03$261.14
-5.40%
1000 XRP$494.05$522.27
-5.40%

FAQ

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