Bitget converter provides LABEL to GEL real-time exchange rates, making it easy to convert LabelData (LABEL) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 LABEL is currently valued at 0.04744 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LABEL is currently valued at 0.04744 GEL, which means buying 5 LABEL would cost 0.2372 GEL. Similarly, ₾1 GEL can be converted to 21.08 LABEL, and ₾50 GEL can be converted to 105.39 LABEL, excluding any platform or gas fees.
Conversion rates
Convert LABEL to GEL
Convert GEL to LABEL
LabelData
Georgian Lari
1 LABEL
0.04744 GEL
Exchange 1 LABEL for 0.04744 GEL
2 LABEL
0.09488 GEL
Exchange 2 LABEL for 0.09488 GEL
5 LABEL
0.2372 GEL
Exchange 5 LABEL for 0.2372 GEL
10 LABEL
0.4744 GEL
Exchange 10 LABEL for 0.4744 GEL
20 LABEL
0.9488 GEL
Exchange 20 LABEL for 0.9488 GEL
50 LABEL
2.37 GEL
Exchange 50 LABEL for 2.37 GEL
100 LABEL
4.74 GEL
Exchange 100 LABEL for 4.74 GEL
200 LABEL
9.49 GEL
Exchange 200 LABEL for 9.49 GEL
500 LABEL
23.72 GEL
Exchange 500 LABEL for 23.72 GEL
1000 LABEL
47.44 GEL
Exchange 1000 LABEL for 47.44 GEL
5000 LABEL
237.21 GEL
Exchange 5000 LABEL for 237.21 GEL
10000 LABEL
474.41 GEL
Exchange 10000 LABEL for 474.41 GEL
In the table above, you'll find a comprehensive LABEL to GEL converter that shows the value of LabelData in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 LABEL to GEL, all the way up to 10000 LABEL, providing a clear view of their respective values.
Georgian Lari
LabelData
1 GEL
21.08 LABEL
Exchange 1 GEL for 21.08 LABEL
10 GEL
210.79 LABEL
Exchange 10 GEL for 210.79 LABEL
50 GEL
1,053.94 LABEL
Exchange 50 GEL for 1,053.94 LABEL
100 GEL
2,107.87 LABEL
Exchange 100 GEL for 2,107.87 LABEL
200 GEL
4,215.74 LABEL
Exchange 200 GEL for 4,215.74 LABEL
500 GEL
10,539.36 LABEL
Exchange 500 GEL for 10,539.36 LABEL
1000 GEL
21,078.72 LABEL
Exchange 1000 GEL for 21,078.72 LABEL
2000 GEL
42,157.43 LABEL
Exchange 2000 GEL for 42,157.43 LABEL
5000 GEL
105,393.58 LABEL
Exchange 5000 GEL for 105,393.58 LABEL
10000 GEL
210,787.16 LABEL
Exchange 10000 GEL for 210,787.16 LABEL
50000 GEL
1,053,935.8 LABEL
Exchange 50000 GEL for 1,053,935.8 LABEL
100000 GEL
2,107,871.59 LABEL
Exchange 100000 GEL for 2,107,871.59 LABEL
In the table above, you'll find a comprehensive GEL to LABEL converter that shows the value of Georgian Lari in LabelData across commonly used conversion amounts. The list covers conversions from 1 GEL to LABEL, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, LabelData has changed -0.03% to GEL. Based on the trend and price charts, LabelData(LABEL) has changed -0.03% to GEL while Georgian Lari(GEL) has changed % to LABEL in the last 24 hours.
1D7D1M3M1YAll
LABEL to GEL conversion data: Volatility and price changes of LabelData in GEL
The highest LabelData price in GEL over the past 7 days was -- GEL while the lowest LabelData price in GEL over the past 7 days was -- GEL. The relative change between the highs and lows in LabelData price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and LABEL 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
0.04911 GEL
-- GEL
-- GEL
-- GEL
Low
0.04609 GEL
-- GEL
-- GEL
-- GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-0.03%
--
--
--
Buy
Sell
Buy LABEL (or USDT) for GEL (Georgian Lari) offers
LabelData's current market price is ₾0.04744 per LABEL, with a total market cap of ₾47,436,226.54 GEL based on a circulating supply of 999,894,800 LABEL. The trading volume of LabelData has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, LABEL's trading volume was ₾--.
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 LabelData currency pair is the LABEL to GEL, with for LabelData's currency code being LABEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 LABEL to Georgian Lari has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.03%, reaching a high of 0.04911 GEL and a low of 0.04609 GEL . One month ago, the value of 1 LABEL was ₾-- GEL , which represents a --% change from its current value. Over the last year, LabelData has changed by
-₾
--GEL
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount
08:05 am today
24 hours ago
24h change
0.5 LABEL
₾0.02372
₾--
-0.03%
1 LABEL
₾0.04744
₾--
-0.03%
5 LABEL
₾0.2372
₾--
-0.03%
10 LABEL
₾0.4744
₾--
-0.03%
50 LABEL
₾2.37
₾--
-0.03%
100 LABEL
₾4.74
₾--
-0.03%
500 LABEL
₾23.72
₾--
-0.03%
1000 LABEL
₾47.44
₾--
-0.03%
LABEL to GEL FAQ
How much is 1 LabelData in GEL?
Right now, the price of 1 LabelData (LABEL) in Georgian Lari (GEL) is ₾0.04744.
How much LABEL can I buy for 1 GEL?
Based on the current exchange rate, you can get 21.08 LABEL for 1 GEL.
How do I calculate or convert LABEL to GEL?
You can use our LABEL to GEL calculator at the top of this page to convert any amount of LABEL to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 105.39 LABEL, while 5 LABEL will cost around 0.2372GEL.
What is the highest price of LABEL/GEL in history?
The all-time high price of 1 LABEL in GEL is --. It remains to be seen if the value of 1 LABEL/GEL will exceed the current all-time high.
What is the price trend of LabelData in GEL?
Over the past 7 days, the exchange rate of LabelData (LABEL) has gone down by --.
Over the last month, the exchange rate of LabelData (LABEL) has gone down by -- against Georgian Lari (GEL).
What factors influence the conversion rate of LABEL to GEL?
There are many factors that affect the relationship between LabelData 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 LABEL/GEL. When there is positive news in the market about the widespread adoption of LABEL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LABEL/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LABEL/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 LABEL/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 LabelData and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular LabelData currency pairs: LABEL to US Dollar (USD), LABEL to Euro (EUR), LABEL to Pound Sterling (GBP), LABEL to Canadian Dollar (CAD), LABEL to Indian Rupee (INR), LABEL to Pakistani Rupee (PKR), LABEL to Brazilian Real (BRL), LABEL to… The price of LabelData in the US is $0.01744 USD. Additionally, LabelData’s price is €0.01507 EUR in the eurozone, £0.01313 GBP in the UK, C$0.02446 CAD in Canada, ₹1.55 INR in India, ₨4.96 PKR in Pakistan, R$0.09381 BRL in Brazil, and more. The most popular LabelData currency pair is the LABEL to Georgian Lari(GEL). The price of 1 LabelData (LABEL) in Georgian Lari (GEL) is ₾0.04744.
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.