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GEL to NOK Converter and calculator

GEL/NOK: 1 GEL = 0.5433 NOK. The price of converting 1 Gelato (GEL) to Norwegian Krone (NOK) is 0.5433 NOK today.
GEL
GEL
NOK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GEL to NOK real-time exchange rates, making it easy to convert Gelato (GEL) to Norwegian Krone (NOK). The conversion result is based on real-time data. The conversion result shows that 1 GEL is currently valued at 0.5433 NOK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GEL is currently valued at 0.5433 NOK, which means buying 5 GEL would cost 2.72 NOK. Similarly, kr1 NOK can be converted to 1.84 GEL, and kr50 NOK can be converted to 9.2 GEL, excluding any platform or gas fees.

Convert GEL to NOK

Convert NOK to GEL

Gelato
Norwegian Krone
1 GEL
0.5433  NOK
Exchange 1 GEL for 0.5433 NOK
2 GEL
1.09  NOK
Exchange 2 GEL for 1.09 NOK
5 GEL
2.72  NOK
Exchange 5 GEL for 2.72 NOK
10 GEL
5.43  NOK
Exchange 10 GEL for 5.43 NOK
20 GEL
10.87  NOK
Exchange 20 GEL for 10.87 NOK
50 GEL
27.17  NOK
Exchange 50 GEL for 27.17 NOK
100 GEL
54.33  NOK
Exchange 100 GEL for 54.33 NOK
200 GEL
108.66  NOK
Exchange 200 GEL for 108.66 NOK
500 GEL
271.65  NOK
Exchange 500 GEL for 271.65 NOK
1000 GEL
543.3  NOK
Exchange 1000 GEL for 543.3 NOK
5000 GEL
2,716.5  NOK
Exchange 5000 GEL for 2,716.5 NOK
10000 GEL
5,433  NOK
Exchange 10000 GEL for 5,433 NOK
In the table above, you'll find a comprehensive GEL to NOK converter that shows the value of Gelato in Norwegian Krone across commonly used conversion amounts. The list covers conversions from 1 GEL to NOK, all the way up to 10000 GEL, providing a clear view of their respective values.
Norwegian Krone
Gelato
1 NOK
1.84 GEL
Exchange 1 NOK for 1.84 GEL
10 NOK
18.41 GEL
Exchange 10 NOK for 18.41 GEL
50 NOK
92.03 GEL
Exchange 50 NOK for 92.03 GEL
100 NOK
184.06 GEL
Exchange 100 NOK for 184.06 GEL
200 NOK
368.12 GEL
Exchange 200 NOK for 368.12 GEL
500 NOK
920.3 GEL
Exchange 500 NOK for 920.3 GEL
1000 NOK
1,840.6 GEL
Exchange 1000 NOK for 1,840.6 GEL
2000 NOK
3,681.2 GEL
Exchange 2000 NOK for 3,681.2 GEL
5000 NOK
9,203.01 GEL
Exchange 5000 NOK for 9,203.01 GEL
10000 NOK
18,406.02 GEL
Exchange 10000 NOK for 18,406.02 GEL
50000 NOK
92,030.12 GEL
Exchange 50000 NOK for 92,030.12 GEL
100000 NOK
184,060.24 GEL
Exchange 100000 NOK for 184,060.24 GEL
In the table above, you'll find a comprehensive NOK to GEL converter that shows the value of Norwegian Krone in Gelato across commonly used conversion amounts. The list covers conversions from 1 NOK to GEL, all the way up to 100000 NOK, providing a clear view of their respective values.

GEL to NOK chart

GEL/NOK: 1 GEL = 0.5433 NOK; 2025/08/28 07:31:11
In the past 1D, Gelato has changed -6.13% to NOK. Based on the trend and price charts, Gelato(GEL) has changed -6.13% to NOK while Norwegian Krone(NOK) has changed % to GEL in the last 24 hours.
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GEL to NOK conversion data: Volatility and price changes of Gelato in NOK

The highest Gelato price in NOK over the past 7 days was 0.7532 NOK while the lowest Gelato price in NOK over the past 7 days was 0.5237 NOK. The relative change between the highs and lows in Gelato price in NOK over the last 7 days indicates a volatility of %. You can view additional volatility data and GEL to NOK 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
0.6026 NOK
0.7532 NOK
0.8229 NOK
0.9938 NOK
Low
0.5302 NOK
0.5237 NOK
0.5237 NOK
0.3326 NOK
Average
0 NOK
0 NOK
0 NOK
0 NOK
Volatility
%
%
%
%
Change
-6.13%
-12.54%
-15.84%
-44.68%

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Bitget P2P trading does not currently support direct buying of GEL with NOK. However, you can buy USDT in Bitget P2P trading first, and then buy GEL with USDT via Bitget spot market.
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Gelato information

GEL to NOK market statistics

GEL/NOK:
kr0.5433
GEL 24h volume:
kr2,969,965.91
GEL market cap:
kr146,227,470.39
GEL circulating supply:
269.15M GEL

Current GEL to NOK exchange rate

Gelato to Norwegian Krone is falling this week.
Gelato's current market price is kr0.5433 per GEL, with a total market cap of kr146,227,470.39 NOK based on a circulating supply of 269,146,660 GEL. The trading volume of Gelato has changed by -8.97% (kr-292,739.74 NOK) in the last 24 hours. Last trading day, GEL's trading volume was kr3,262,705.65.

More info about Gelato on Bitget

Norwegian Krone information

About the Norwegian Krone (NOK)

What Is the Norwegian Krone (NOK)?

The Norwegian Krone (NOK), symbolized as "kr" and often abbreviated as NKr, is the official currency of Norway, including its overseas territories and dependencies of Svalbard, Bouvet Island, Queen Maud Land, and Peter I Island. The term "Krone" translates to "crown" in English. It is subdivided into 100 øre, although the øre ceased to exist in physical form in 2012 and now exists only electronically.

The Norwegian Krone (NOK) is issued by Norges Bank, which is the central bank of Norway. Norges Bank is responsible for the production and distribution of the country's currency and also plays a key role in determining and implementing monetary policy in Norway. This includes managing the country's foreign exchange reserves and ensuring financial stability. The bank's decisions and policies directly influence the value and stability of the Norwegian Krone.

What Is the History of NOK?

The Krone was introduced in 1875, replacing the Norwegian speciedaler at a rate of 4 Krone = 1 speciedaler, as Norway joined the Scandinavian Monetary Union. This union, which also included Denmark and Sweden, was based on a gold standard, with 2,480 Krone equaling 1 kilogram of pure gold. The union dissolved in 1914, but the Krone remained Norway's currency. During World War II, the Krone was pegged to the Reichsmark, and post-war, it was pegged to the British pound and later the U.S. dollar. In 1992, Norway shifted to a floating exchange rate due to heavy speculation against the Krone.

Notes and Coins of NOK

Norwegians use both coins and banknotes for transactions. Coins come in denominations of 1, 5, 10, and 20 kroner, while banknotes are available in 50, 100, 200, 500, and 1,000 kroner. The banknotes feature images of prominent Norwegians and are known for their unique and modern designs, celebrating Norway’s maritime history and culture.

Exchange Rate and Economic Influence

The value of the Krone is significantly influenced by changes in oil prices and interest rates, reflecting Norway's status as a major oil exporter. The Krone’s exchange rate against other currencies, like the USD and Euro, varies considerably, often correlating with global oil market trends. For instance, during the oil crisis of 2015, the Krone fell 20% against the dollar.

Norway is moving towards becoming a cashless society, with a high level of digitalization in financial transactions. Payment apps like Vipps are popular, and the use of cash is declining, although it is still accepted, especially among older generations and in smaller retail shops.

Why Doesn’t Norway Use the Euro?

Norway does not use the euro primarily because it is not a member of the European Union (EU). As a member of the European Economic Area (EEA), Norway enjoys access to the EU's single market without the obligations of EU membership, including adopting the euro. This arrangement allows Norway to maintain economic and monetary sovereignty, enabling it to tailor its monetary policy to its unique economic conditions, especially important given its significant oil and gas revenues. Additionally, there is considerable public and political support in Norway for maintaining the Norwegian Krone (NOK), as evidenced by the results of referendums in 1972 and 1994, where Norwegian voters opted against joining the EU. The stability and strength of Norway's economy and its currency further reinforce the decision to retain the Krone instead of adopting the euro.

Is NOK a Stable Currency?

The Norwegian Krone is generally considered a stable currency, largely due to Norway's robust economy, which is underpinned by significant revenues from its oil and gas industries. As a petroleum-based currency, the NOK's value can be influenced by fluctuations in oil prices, but Norway's prudent fiscal management, including the establishment of the Government Pension Fund Global (often referred to as the Oil Fund), helps mitigate these effects. This fund invests surplus revenues from the petroleum sector in international financial markets, providing a buffer against economic shocks. Additionally, Norway's low debt levels, strong sovereign credit ratings, and effective monetary policies by Norges Bank (the country's central bank) contribute to the Krone’s overall stability.

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

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GEL to NOK Conversion tables

The exchange rate of Gelato is decreasing.
The exchange rate of 1 GEL to Norwegian Krone has changed by -12.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.13%, reaching a high of 0.6026 NOK and a low of 0.5302 NOK . One month ago, the value of 1 GEL was kr0.6450 NOK , which represents a -15.84% change from its current value. Over the last year, Gelato has changed by
-kr
1.28NOK
, resulting in a change of -70.32% in its value.
24 hours ago1 month ago1 year ago
Amount 07:31 am today 24 hours ago 24h change
0.5 GEL
kr0.2717kr0.2893
-6.13%
1 GEL
kr0.5433kr0.5786
-6.13%
5 GEL
kr2.72kr2.89
-6.13%
10 GEL
kr5.43kr5.79
-6.13%
50 GEL
kr27.17kr28.93
-6.13%
100 GEL
kr54.33kr57.86
-6.13%
500 GEL
kr271.65kr289.32
-6.13%
1000 GEL
kr543.3kr578.63
-6.13%

GEL to NOK FAQ

How much is 1 Gelato in NOK?
Right now, the price of 1 Gelato (GEL) in Norwegian Krone (NOK) is kr0.5433.
How much GEL can I buy for 1 NOK?
Based on the current exchange rate, you can get 1.84 GEL for 1 NOK.
How do I calculate or convert GEL to NOK?
You can use our GEL to NOK calculator at the top of this page to convert any amount of GEL to NOK. We've also included quick-reference tables for the most popular conversions. For example, 5 NOK is equivalent to 9.2 GEL, while 5 GEL will cost around 2.72NOK.
What is the highest price of GEL/NOK in history?
The all-time high price of 1 GEL in NOK is kr42.85. It remains to be seen if the value of 1 GEL/NOK will exceed the current all-time high.
What is the price trend of Gelato in NOK?
Over the past 7 days, the exchange rate of Gelato (GEL) has gone down by 12.54%.   Over the last month, the exchange rate of Gelato (GEL) has gone down by 15.84% against Norwegian Krone (NOK).

What factors influence the conversion rate of GEL to NOK?

There are many factors that affect the relationship between Gelato and Norwegian Krone, 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 GEL/NOK. When there is positive news in the market about the widespread adoption of GEL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GEL/NOK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GEL/NOK.
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 GEL/NOK. 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 Gelato and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Gelato currency pairs: GEL to US Dollar (USD), GEL to Euro (EUR), GEL to Pound Sterling (GBP), GEL to Canadian Dollar (CAD), GEL to Indian Rupee (INR), GEL to Pakistani Rupee (PKR), GEL to Brazilian Real (BRL), GEL to…
The price of Gelato in the US is $0.05386 USD. Additionally, Gelato’s price is €0.04626 EUR in the eurozone, £0.03989 GBP in the UK, C$0.07424 CAD in Canada, ₹4.72 INR in India, ₨15.24 PKR in Pakistan, R$0.2918 BRL in Brazil, and more.
The most popular Gelato currency pair is the GEL to Norwegian Krone(NOK). The price of 1 Gelato (GEL) in Norwegian Krone (NOK) is kr0.5433.

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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.