Bitget converter provides NBT to GEL real-time exchange rates, making it easy to convert NanoByte Token (NBT) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 NBT is currently valued at 0.003941 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NBT is currently valued at 0.003941 GEL, which means buying 5 NBT would cost 0.01970 GEL. Similarly, ₾1 GEL can be converted to 253.76 NBT, and ₾50 GEL can be converted to 1,268.8 NBT, excluding any platform or gas fees.
Conversion rates
Convert NBT to GEL
Convert GEL to NBT
NanoByte Token
Georgian Lari
1 NBT
0.003941 GEL
Exchange 1 NBT for 0.003941 GEL
2 NBT
0.007881 GEL
Exchange 2 NBT for 0.007881 GEL
5 NBT
0.01970 GEL
Exchange 5 NBT for 0.01970 GEL
10 NBT
0.03941 GEL
Exchange 10 NBT for 0.03941 GEL
20 NBT
0.07881 GEL
Exchange 20 NBT for 0.07881 GEL
50 NBT
0.1970 GEL
Exchange 50 NBT for 0.1970 GEL
100 NBT
0.3941 GEL
Exchange 100 NBT for 0.3941 GEL
200 NBT
0.7881 GEL
Exchange 200 NBT for 0.7881 GEL
500 NBT
1.97 GEL
Exchange 500 NBT for 1.97 GEL
1000 NBT
3.94 GEL
Exchange 1000 NBT for 3.94 GEL
5000 NBT
19.7 GEL
Exchange 5000 NBT for 19.7 GEL
10000 NBT
39.41 GEL
Exchange 10000 NBT for 39.41 GEL
In the table above, you'll find a comprehensive NBT to GEL converter that shows the value of NanoByte Token in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 NBT to GEL, all the way up to 10000 NBT, providing a clear view of their respective values.
Georgian Lari
NanoByte Token
1 GEL
253.76 NBT
Exchange 1 GEL for 253.76 NBT
10 GEL
2,537.59 NBT
Exchange 10 GEL for 2,537.59 NBT
50 GEL
12,687.97 NBT
Exchange 50 GEL for 12,687.97 NBT
100 GEL
25,375.94 NBT
Exchange 100 GEL for 25,375.94 NBT
200 GEL
50,751.88 NBT
Exchange 200 GEL for 50,751.88 NBT
500 GEL
126,879.71 NBT
Exchange 500 GEL for 126,879.71 NBT
1000 GEL
253,759.42 NBT
Exchange 1000 GEL for 253,759.42 NBT
2000 GEL
507,518.83 NBT
Exchange 2000 GEL for 507,518.83 NBT
5000 GEL
1,268,797.09 NBT
Exchange 5000 GEL for 1,268,797.09 NBT
10000 GEL
2,537,594.17 NBT
Exchange 10000 GEL for 2,537,594.17 NBT
50000 GEL
12,687,970.86 NBT
Exchange 50000 GEL for 12,687,970.86 NBT
100000 GEL
25,375,941.72 NBT
Exchange 100000 GEL for 25,375,941.72 NBT
In the table above, you'll find a comprehensive GEL to NBT converter that shows the value of Georgian Lari in NanoByte Token across commonly used conversion amounts. The list covers conversions from 1 GEL to NBT, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, NanoByte Token has changed +0.86% to GEL. Based on the trend and price charts, NanoByte Token(NBT) has changed +0.86% to GEL while Georgian Lari(GEL) has changed % to NBT in the last 24 hours.
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NBT to GEL conversion data: Volatility and price changes of NanoByte Token in GEL
The highest NanoByte Token price in GEL over the past 7 days was 0.005035 GEL while the lowest NanoByte Token price in GEL over the past 7 days was 0.003774 GEL. The relative change between the highs and lows in NanoByte Token price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and NBT to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
NanoByte Token to Georgian Lari is rising this week.
NanoByte Token's current market price is ₾0.003941 per NBT, with a total market cap of ₾3,720,780.73 GEL based on a circulating supply of 944,183,200 NBT. The trading volume of NanoByte Token has changed by -1.82% (₾-3,671.88 GEL) in the last 24 hours. Last trading day, NBT's trading volume was ₾201,796.08.
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 NanoByte Token currency pair is the NBT to GEL, with for NanoByte Token's currency code being NBT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of NanoByte Token is increasing.
The exchange rate of 1 NBT to Georgian Lari has changed by +3.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.86%, reaching a high of 0.004590 GEL and a low of 0.004031 GEL . One month ago, the value of 1 NBT was ₾0.003915 GEL , which represents a +0.61% change from its current value. Over the last year, NanoByte Token has changed by
-₾
0.0003906GEL
, resulting in a change of -8.40% in its value.
24 hours ago1 month ago1 year ago
Amount
12:10 today
24 hours ago
24h change
0.5 NBT
₾0.001970
₾0.001952
+0.86%
1 NBT
₾0.003941
₾0.003905
+0.86%
5 NBT
₾0.01970
₾0.01952
+0.86%
10 NBT
₾0.03941
₾0.03905
+0.86%
50 NBT
₾0.1970
₾0.1952
+0.86%
100 NBT
₾0.3941
₾0.3905
+0.86%
500 NBT
₾1.97
₾1.95
+0.86%
1000 NBT
₾3.94
₾3.9
+0.86%
NBT to GEL FAQ
How much is 1 NanoByte Token in GEL?
Right now, the price of 1 NanoByte Token (NBT) in Georgian Lari (GEL) is ₾0.003941.
How much NBT can I buy for 1 GEL?
Based on the current exchange rate, you can get 253.76 NBT for 1 GEL.
How do I calculate or convert NBT to GEL?
You can use our NBT to GEL calculator at the top of this page to convert any amount of NBT to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 1,268.8 NBT, while 5 NBT will cost around 0.01970GEL.
What is the highest price of NBT/GEL in history?
The all-time high price of 1 NBT in GEL is ₾0.1627. It remains to be seen if the value of 1 NBT/GEL will exceed the current all-time high.
What is the price trend of NanoByte Token in GEL?
Over the past 7 days, the exchange rate of NanoByte Token (NBT) has gone up by 3.16%.
Over the last month, the exchange rate of NanoByte Token (NBT) has gone up by 0.61% against Georgian Lari (GEL).
What factors influence the conversion rate of NBT to GEL?
There are many factors that affect the relationship between NanoByte Token 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 NBT/GEL. When there is positive news in the market about the widespread adoption of NBT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NBT/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NBT/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 NBT/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 NanoByte Token and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular NanoByte Token currency pairs: NBT to US Dollar (USD), NBT to Euro (EUR), NBT to Pound Sterling (GBP), NBT to Canadian Dollar (CAD), NBT to Indian Rupee (INR), NBT to Pakistani Rupee (PKR), NBT to Brazilian Real (BRL), NBT to… The price of NanoByte Token in the US is $0.001460 USD. Additionally, NanoByte Token’s price is €0.001280 EUR in the eurozone, £0.001110 GBP in the UK, C$0.002025 CAD in Canada, ₹0.1277 INR in India, ₨0.4139 PKR in Pakistan, R$0.008173 BRL in Brazil, and more. The most popular NanoByte Token currency pair is the NBT to Georgian Lari(GEL). The price of 1 NanoByte Token (NBT) in Georgian Lari (GEL) is ₾0.003941.
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.