Bitget converter provides INVITE to GEL real-time exchange rates, making it easy to convert INVITE (INVITE) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 INVITE is currently valued at 0.009315 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INVITE is currently valued at 0.009315 GEL, which means buying 5 INVITE would cost 0.04658 GEL. Similarly, ₾1 GEL can be converted to 107.35 INVITE, and ₾50 GEL can be converted to 536.74 INVITE, excluding any platform or gas fees.
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INVITE/USDT;
In the table above, you'll find a comprehensive INVITE to GEL converter that shows the value of INVITE in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 INVITE to GEL, all the way up to 10000 INVITE, providing a clear view of their respective values.
Georgian Lari
INVITE
1 GEL
107.35 INVITE
Exchange 1 GEL for 107.35 INVITE
10 GEL
1,073.48 INVITE
Exchange 10 GEL for 1,073.48 INVITE
50 GEL
5,367.42 INVITE
Exchange 50 GEL for 5,367.42 INVITE
100 GEL
10,734.83 INVITE
Exchange 100 GEL for 10,734.83 INVITE
200 GEL
21,469.66 INVITE
Exchange 200 GEL for 21,469.66 INVITE
500 GEL
53,674.16 INVITE
Exchange 500 GEL for 53,674.16 INVITE
1000 GEL
107,348.31 INVITE
Exchange 1000 GEL for 107,348.31 INVITE
2000 GEL
214,696.63 INVITE
Exchange 2000 GEL for 214,696.63 INVITE
5000 GEL
536,741.57 INVITE
Exchange 5000 GEL for 536,741.57 INVITE
10000 GEL
1,073,483.14 INVITE
Exchange 10000 GEL for 1,073,483.14 INVITE
50000 GEL
5,367,415.71 INVITE
Exchange 50000 GEL for 5,367,415.71 INVITE
100000 GEL
10,734,831.41 INVITE
Exchange 100000 GEL for 10,734,831.41 INVITE
In the table above, you'll find a comprehensive GEL to INVITE converter that shows the value of Georgian Lari in INVITE across commonly used conversion amounts. The list covers conversions from 1 GEL to INVITE, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, INVITE has changed -0.46% to GEL. Based on the trend and price charts, INVITE(INVITE) has changed -0.46% to GEL while Georgian Lari(GEL) has changed % to INVITE in the last 24 hours.
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INVITE to GEL conversion data: Volatility and price changes of INVITE in GEL
The highest INVITE price in GEL over the past 7 days was 0.009480 GEL while the lowest INVITE price in GEL over the past 7 days was 0.009310 GEL. The relative change between the highs and lows in INVITE price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and INVITE 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
0.009399 GEL
0.009480 GEL
0.009676 GEL
0.01188 GEL
Low
0.009310 GEL
0.009310 GEL
0.009310 GEL
0.008075 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-0.46%
-1.42%
-1.68%
-20.41%
Buy
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Buy INVITE (or USDT) for GEL (Georgian Lari) offers
INVITE's current market price is ₾0.009315 per INVITE, with a total market cap of ₾0 GEL based on a circulating supply of -- INVITE. The trading volume of INVITE has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, INVITE's trading volume was ₾0.
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 INVITE currency pair is the INVITE to GEL, with for INVITE's currency code being INVITE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 INVITE to Georgian Lari has changed by -1.42% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.46%, reaching a high of 0.009399 GEL and a low of 0.009310 GEL . One month ago, the value of 1 INVITE was ₾0.009474 GEL , which represents a -1.68% change from its current value. Over the last year, INVITE has changed by
-₾
0.004135GEL
, resulting in a change of -30.74% in its value.
24 hours ago1 month ago1 year ago
Amount
21:24 today
24 hours ago
24h change
0.5 INVITE
₾0.004658
₾0.004679
-0.46%
1 INVITE
₾0.009315
₾0.009359
-0.46%
5 INVITE
₾0.04658
₾0.04679
-0.46%
10 INVITE
₾0.09315
₾0.09359
-0.46%
50 INVITE
₾0.4658
₾0.4679
-0.46%
100 INVITE
₾0.9315
₾0.9359
-0.46%
500 INVITE
₾4.66
₾4.68
-0.46%
1000 INVITE
₾9.32
₾9.36
-0.46%
INVITE to GEL FAQ
How much is 1 INVITE in GEL?
Right now, the price of 1 INVITE (INVITE) in Georgian Lari (GEL) is ₾0.009315.
How much INVITE can I buy for 1 GEL?
Based on the current exchange rate, you can get 107.35 INVITE for 1 GEL.
How do I calculate or convert INVITE to GEL?
You can use our INVITE to GEL calculator at the top of this page to convert any amount of INVITE to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 536.74 INVITE, while 5 INVITE will cost around 0.04658GEL.
What is the highest price of INVITE/GEL in history?
The all-time high price of 1 INVITE in GEL is ₾0.1991. It remains to be seen if the value of 1 INVITE/GEL will exceed the current all-time high.
What is the price trend of INVITE in GEL?
Over the past 7 days, the exchange rate of INVITE (INVITE) has gone down by 1.42%.
Over the last month, the exchange rate of INVITE (INVITE) has gone down by 1.68% against Georgian Lari (GEL).
What factors influence the conversion rate of INVITE to GEL?
There are many factors that affect the relationship between INVITE 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 INVITE/GEL. When there is positive news in the market about the widespread adoption of INVITE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of INVITE/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in INVITE/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 INVITE/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 INVITE and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular INVITE currency pairs: INVITE to US Dollar (USD), INVITE to Euro (EUR), INVITE to Pound Sterling (GBP), INVITE to Canadian Dollar (CAD), INVITE to Indian Rupee (INR), INVITE to Pakistani Rupee (PKR), INVITE to Brazilian Real (BRL), INVITE to… The price of INVITE in the US is $0.003463 USD. Additionally, INVITE’s price is €0.002961 EUR in the eurozone, £0.002554 GBP in the UK, C$0.004786 CAD in Canada, ₹0.3031 INR in India, ₨0.9810 PKR in Pakistan, R$0.01870 BRL in Brazil, and more. The most popular INVITE currency pair is the INVITE to Georgian Lari(GEL). The price of 1 INVITE (INVITE) in Georgian Lari (GEL) is ₾0.009315.
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.