Bitget converter provides BTC to GEL real-time exchange rates, making it easy to convert Bitcoin (BTC) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 BTC is currently valued at 286,102.64 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BTC is currently valued at 286,102.64 GEL, which means buying 5 BTC would cost 1,430,513.22 GEL. Similarly, ₾1 GEL can be converted to 0.{5}3495 BTC, and ₾50 GEL can be converted to 0.{4}1748 BTC, excluding any platform or gas fees.
In the table above, you'll find a comprehensive BTC to GEL converter that shows the value of Bitcoin in Georgian Lari across commonly used conversion amounts. The list covers conversions from 0.00001 BTC to GEL, all the way up to 10000 BTC, providing a clear view of their respective values.
In the table above, you'll find a comprehensive GEL to BTC converter that shows the value of Georgian Lari in Bitcoin across commonly used conversion amounts. The list covers conversions from 1 GEL to BTC, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Bitcoin has changed -0.59% to GEL. Based on the trend and price charts, Bitcoin(BTC) has changed -0.59% to GEL while Georgian Lari(GEL) has changed % to BTC in the last 24 hours.
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BTC to GEL conversion data: Volatility and price changes of Bitcoin in GEL
The highest Bitcoin price in GEL over the past 7 days was 302,385.48 GEL while the lowest Bitcoin price in GEL over the past 7 days was 281,218.22 GEL. The relative change between the highs and lows in Bitcoin price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and BTC to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
290,467.28 GEL
302,385.48 GEL
306,238.41 GEL
306,238.41 GEL
Low
285,477.58 GEL
281,218.22 GEL
274,694.87 GEL
203,584.32 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-0.59%
-1.27%
+1.21%
+25.65%
Bitcoin information
BTC to GEL market statistics
BTC/GEL:
₾286,102.64
BTC 24h volume:
₾103,691,077,516.92
BTC market cap:
₾5,687,148,269,886.47
BTC circulating supply:
19.88M BTC
Current BTC to GEL exchange rate
Bitcoin to Georgian Lari is falling this week.
Bitcoin's current market price is ₾286,102.64 per BTC, with a total market cap of ₾5,687,148,269,886.47 GEL based on a circulating supply of 19,878,000 BTC. The trading volume of Bitcoin has changed by -47.41% (₾-93,493,480,894.13 GEL) in the last 24 hours. Last trading day, BTC's trading volume was ₾197,184,558,411.05.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Bitcoin currency pair is the BTC to GEL, with for Bitcoin's currency code being BTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 BTC to Georgian Lari has changed by -1.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.59%, reaching a high of 290,467.28 GEL and a low of 285,477.58 GEL . One month ago, the value of 1 BTC was ₾282,674.09 GEL , which represents a +1.21% change from its current value. Over the last year, Bitcoin has changed by
+₾
24,287.2GEL
, resulting in a change of +59.16% in its value.
24 hours ago1 month ago1 year ago
Amount
20:36 today
24 hours ago
24h change
0.5 BTC
₾143,051.32
₾143,893.5
-0.59%
1 BTC
₾286,102.64
₾287,787
-0.59%
5 BTC
₾1,430,513.22
₾1,438,935
-0.59%
10 BTC
₾2,861,026.45
₾2,877,870
-0.59%
50 BTC
₾14,305,132.24
₾14,389,350
-0.59%
100 BTC
₾28,610,264.48
₾28,778,700
-0.59%
500 BTC
₾143,051,322.39
₾143,893,500
-0.59%
1000 BTC
₾286,102,644.79
₾287,787,000.01
-0.59%
BTC to GEL FAQ
How much is 1 Bitcoin in GEL?
Right now, the price of 1 Bitcoin (BTC) in Georgian Lari (GEL) is ₾286,102.64.
How much BTC can I buy for 1 GEL?
Based on the current exchange rate, you can get 0.{5}3495 BTC for 1 GEL.
How do I calculate or convert BTC to GEL?
You can use our BTC to GEL calculator at the top of this page to convert any amount of BTC to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 0.{4}1748 BTC, while 5 BTC will cost around 1,430,513.22GEL.
What is the highest price of BTC/GEL in history?
The all-time high price of 1 BTC in GEL is ₾306,238.41. It remains to be seen if the value of 1 BTC/GEL will exceed the current all-time high.
What is the price trend of Bitcoin in GEL?
Over the past 7 days, the exchange rate of Bitcoin (BTC) has gone down by 1.27%.
Over the last month, the exchange rate of Bitcoin (BTC) has gone up by 1.21% against Georgian Lari (GEL).
What factors influence the conversion rate of BTC to GEL?
There are many factors that affect the relationship between Bitcoin and Georgian Lari, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of BTC/GEL. When there is positive news in the market about the widespread adoption of BTC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BTC/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BTC/GEL.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of BTC/GEL. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Bitcoin and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Bitcoin currency pairs: BTC to US Dollar (USD), BTC to Euro (EUR), BTC to Pound Sterling (GBP), BTC to Canadian Dollar (CAD), BTC to Indian Rupee (INR), BTC to Pakistani Rupee (PKR), BTC to Brazilian Real (BRL), BTC to… The price of Bitcoin in the US is $104,607.91 USD. Additionally, Bitcoin’s price is €90,569.53 EUR in the eurozone, £77,106.49 GBP in the UK, C$142,162.16 CAD in Canada, ₹9,008,885.86 INR in India, ₨29,598,809.27 PKR in Pakistan, R$580,437.93 BRL in Brazil, and more. The most popular Bitcoin currency pair is the BTC to Georgian Lari(GEL). The price of 1 Bitcoin (BTC) in Georgian Lari (GEL) is ₾286,102.64.
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.