Bitget converter provides ESD to GEL real-time exchange rates, making it easy to convert Empty Set Dollar (ESD) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 ESD is currently valued at 0.001137 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ESD is currently valued at 0.001137 GEL, which means buying 5 ESD would cost 0.005684 GEL. Similarly, ₾1 GEL can be converted to 879.59 ESD, and ₾50 GEL can be converted to 4,397.94 ESD, excluding any platform or gas fees.
Conversion rates
Convert ESD to GEL
Convert GEL to ESD
Empty Set Dollar
Georgian Lari
1 ESD
0.001137 GEL
Exchange 1 ESD for 0.001137 GEL
2 ESD
0.002274 GEL
Exchange 2 ESD for 0.002274 GEL
5 ESD
0.005684 GEL
Exchange 5 ESD for 0.005684 GEL
10 ESD
0.01137 GEL
Exchange 10 ESD for 0.01137 GEL
20 ESD
0.02274 GEL
Exchange 20 ESD for 0.02274 GEL
50 ESD
0.05684 GEL
Exchange 50 ESD for 0.05684 GEL
100 ESD
0.1137 GEL
Exchange 100 ESD for 0.1137 GEL
200 ESD
0.2274 GEL
Exchange 200 ESD for 0.2274 GEL
500 ESD
0.5684 GEL
Exchange 500 ESD for 0.5684 GEL
1000 ESD
1.14 GEL
Exchange 1000 ESD for 1.14 GEL
5000 ESD
5.68 GEL
Exchange 5000 ESD for 5.68 GEL
10000 ESD
11.37 GEL
Exchange 10000 ESD for 11.37 GEL
In the table above, you'll find a comprehensive ESD to GEL converter that shows the value of Empty Set Dollar in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 ESD to GEL, all the way up to 10000 ESD, providing a clear view of their respective values.
Georgian Lari
Empty Set Dollar
1 GEL
879.59 ESD
Exchange 1 GEL for 879.59 ESD
10 GEL
8,795.88 ESD
Exchange 10 GEL for 8,795.88 ESD
50 GEL
43,979.38 ESD
Exchange 50 GEL for 43,979.38 ESD
100 GEL
87,958.76 ESD
Exchange 100 GEL for 87,958.76 ESD
200 GEL
175,917.52 ESD
Exchange 200 GEL for 175,917.52 ESD
500 GEL
439,793.79 ESD
Exchange 500 GEL for 439,793.79 ESD
1000 GEL
879,587.58 ESD
Exchange 1000 GEL for 879,587.58 ESD
2000 GEL
1,759,175.16 ESD
Exchange 2000 GEL for 1,759,175.16 ESD
5000 GEL
4,397,937.9 ESD
Exchange 5000 GEL for 4,397,937.9 ESD
10000 GEL
8,795,875.81 ESD
Exchange 10000 GEL for 8,795,875.81 ESD
50000 GEL
43,979,379.05 ESD
Exchange 50000 GEL for 43,979,379.05 ESD
100000 GEL
87,958,758.09 ESD
Exchange 100000 GEL for 87,958,758.09 ESD
In the table above, you'll find a comprehensive GEL to ESD converter that shows the value of Georgian Lari in Empty Set Dollar across commonly used conversion amounts. The list covers conversions from 1 GEL to ESD, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Empty Set Dollar has changed +0.03% to GEL. Based on the trend and price charts, Empty Set Dollar(ESD) has changed +0.03% to GEL while Georgian Lari(GEL) has changed % to ESD in the last 24 hours.
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ESD to GEL conversion data: Volatility and price changes of Empty Set Dollar in GEL
The highest Empty Set Dollar price in GEL over the past 7 days was 0.001153 GEL while the lowest Empty Set Dollar price in GEL over the past 7 days was 0.001034 GEL. The relative change between the highs and lows in Empty Set Dollar price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and ESD to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Empty Set Dollar to Georgian Lari is rising this week.
Empty Set Dollar's current market price is ₾0.001137 per ESD, with a total market cap of ₾507,069.63 GEL based on a circulating supply of 446,012,160 ESD. The trading volume of Empty Set Dollar has changed by -1.42% (₾-0.14 GEL) in the last 24 hours. Last trading day, ESD's trading volume was ₾9.67.
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 Empty Set Dollar currency pair is the ESD to GEL, with for Empty Set Dollar's currency code being ESD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of Empty Set Dollar is decreasing.
The exchange rate of 1 ESD to Georgian Lari has changed by +0.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.03%, reaching a high of 0.001146 GEL and a low of 0.001034 GEL . One month ago, the value of 1 ESD was ₾0.001162 GEL , which represents a -2.15% change from its current value. Over the last year, Empty Set Dollar has changed by
-₾
0.0002012GEL
, resulting in a change of -15.03% in its value.
24 hours ago1 month ago1 year ago
Amount
05:12 am today
24 hours ago
24h change
0.5 ESD
₾0.0005684
₾0.0005683
+0.03%
1 ESD
₾0.001137
₾0.001137
+0.03%
5 ESD
₾0.005684
₾0.005683
+0.03%
10 ESD
₾0.01137
₾0.01137
+0.03%
50 ESD
₾0.05684
₾0.05683
+0.03%
100 ESD
₾0.1137
₾0.1137
+0.03%
500 ESD
₾0.5684
₾0.5683
+0.03%
1000 ESD
₾1.14
₾1.14
+0.03%
ESD to GEL FAQ
How much is 1 Empty Set Dollar in GEL?
Right now, the price of 1 Empty Set Dollar (ESD) in Georgian Lari (GEL) is ₾0.001137.
How much ESD can I buy for 1 GEL?
Based on the current exchange rate, you can get 879.59 ESD for 1 GEL.
How do I calculate or convert ESD to GEL?
You can use our ESD to GEL calculator at the top of this page to convert any amount of ESD to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 4,397.94 ESD, while 5 ESD will cost around 0.005684GEL.
What is the highest price of ESD/GEL in history?
The all-time high price of 1 ESD in GEL is ₾4.4. It remains to be seen if the value of 1 ESD/GEL will exceed the current all-time high.
What is the price trend of Empty Set Dollar in GEL?
Over the past 7 days, the exchange rate of Empty Set Dollar (ESD) has gone up by 0.07%.
Over the last month, the exchange rate of Empty Set Dollar (ESD) has gone down by 2.15% against Georgian Lari (GEL).
What factors influence the conversion rate of ESD to GEL?
There are many factors that affect the relationship between Empty Set Dollar 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 ESD/GEL. When there is positive news in the market about the widespread adoption of ESD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ESD/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ESD/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 ESD/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 Empty Set Dollar and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Empty Set Dollar currency pairs: ESD to US Dollar (USD), ESD to Euro (EUR), ESD to Pound Sterling (GBP), ESD to Canadian Dollar (CAD), ESD to Indian Rupee (INR), ESD to Pakistani Rupee (PKR), ESD to Brazilian Real (BRL), ESD to… The price of Empty Set Dollar in the US is $0.0004211 USD. Additionally, Empty Set Dollar’s price is €0.0003643 EUR in the eurozone, £0.0003152 GBP in the UK, C$0.0005796 CAD in Canada, ₹0.03666 INR in India, ₨0.1192 PKR in Pakistan, R$0.002347 BRL in Brazil, and more. The most popular Empty Set Dollar currency pair is the ESD to Georgian Lari(GEL). The price of 1 Empty Set Dollar (ESD) in Georgian Lari (GEL) is ₾0.001137.
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.