BABI to GEL Converter and calculator


Conversion rates
Convert BABI to GEL
Convert GEL to BABI
BABI to GEL chart
BABI to GEL conversion data: Volatility and price changes of Babylons in GEL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0008947 GEL | 0.0008971 GEL | 0.0008971 GEL | 0.0008971 GEL |
Low | 0.0008316 GEL | 0.0006535 GEL | 0.0004202 GEL | 0.0003445 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | +2.57% | +41.17% | +96.68% | +134.64% |
Babylons information
BABI to GEL market statistics
Current BABI to GEL exchange rate
Babylons to Georgian Lari is rising this week.More info about Babylons on Bitget
Georgian Lari 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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BABI to GEL Conversion tables
Amount | 04:10 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BABI | ₾0.0004439 | ₾0.0004328 | +2.57% |
1 BABI | ₾0.0008878 | ₾0.0008655 | +2.57% |
5 BABI | ₾0.004439 | ₾0.004328 | +2.57% |
10 BABI | ₾0.008878 | ₾0.008655 | +2.57% |
50 BABI | ₾0.04439 | ₾0.04328 | +2.57% |
100 BABI | ₾0.08878 | ₾0.08655 | +2.57% |
500 BABI | ₾0.4439 | ₾0.4328 | +2.57% |
1000 BABI | ₾0.8878 | ₾0.8655 | +2.57% |
BABI to GEL FAQ
What factors influence the conversion rate of BABI to GEL?
Popular exchange rates — Crypto-to-Fiat converter
The price of Babylons in the US is $0.0003246 USD. Additionally, Babylons’s price is €0.0002811 EUR in the eurozone, £0.0002394 GBP in the UK, C$0.0004422 CAD in Canada, ₹0.02797 INR in India, ₨0.09179 PKR in Pakistan, R$0.001798 BRL in Brazil, and more.
The most popular Babylons currency pair is the BABI to Georgian Lari(GEL). The price of 1 Babylons (BABI) in Georgian Lari (GEL) is ₾0.0008878.
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