Bitget converter provides OPIUM to GEL real-time exchange rates, making it easy to convert Opium (OPIUM) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 OPIUM is currently valued at 0.09164 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OPIUM is currently valued at 0.09164 GEL, which means buying 5 OPIUM would cost 0.4582 GEL. Similarly, ₾1 GEL can be converted to 10.91 OPIUM, and ₾50 GEL can be converted to 54.56 OPIUM, excluding any platform or gas fees.
Conversion rates
Convert OPIUM to GEL
Convert GEL to OPIUM
Opium
Georgian Lari
1 OPIUM
0.09164 GEL
Exchange 1 OPIUM for 0.09164 GEL
2 OPIUM
0.1833 GEL
Exchange 2 OPIUM for 0.1833 GEL
5 OPIUM
0.4582 GEL
Exchange 5 OPIUM for 0.4582 GEL
10 OPIUM
0.9164 GEL
Exchange 10 OPIUM for 0.9164 GEL
20 OPIUM
1.83 GEL
Exchange 20 OPIUM for 1.83 GEL
50 OPIUM
4.58 GEL
Exchange 50 OPIUM for 4.58 GEL
100 OPIUM
9.16 GEL
Exchange 100 OPIUM for 9.16 GEL
200 OPIUM
18.33 GEL
Exchange 200 OPIUM for 18.33 GEL
500 OPIUM
45.82 GEL
Exchange 500 OPIUM for 45.82 GEL
1000 OPIUM
91.64 GEL
Exchange 1000 OPIUM for 91.64 GEL
5000 OPIUM
458.2 GEL
Exchange 5000 OPIUM for 458.2 GEL
10000 OPIUM
916.41 GEL
Exchange 10000 OPIUM for 916.41 GEL
In the table above, you'll find a comprehensive OPIUM to GEL converter that shows the value of Opium in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 OPIUM to GEL, all the way up to 10000 OPIUM, providing a clear view of their respective values.
Georgian Lari
Opium
1 GEL
10.91 OPIUM
Exchange 1 GEL for 10.91 OPIUM
10 GEL
109.12 OPIUM
Exchange 10 GEL for 109.12 OPIUM
50 GEL
545.61 OPIUM
Exchange 50 GEL for 545.61 OPIUM
100 GEL
1,091.22 OPIUM
Exchange 100 GEL for 1,091.22 OPIUM
200 GEL
2,182.44 OPIUM
Exchange 200 GEL for 2,182.44 OPIUM
500 GEL
5,456.09 OPIUM
Exchange 500 GEL for 5,456.09 OPIUM
1000 GEL
10,912.18 OPIUM
Exchange 1000 GEL for 10,912.18 OPIUM
2000 GEL
21,824.36 OPIUM
Exchange 2000 GEL for 21,824.36 OPIUM
5000 GEL
54,560.91 OPIUM
Exchange 5000 GEL for 54,560.91 OPIUM
10000 GEL
109,121.82 OPIUM
Exchange 10000 GEL for 109,121.82 OPIUM
50000 GEL
545,609.11 OPIUM
Exchange 50000 GEL for 545,609.11 OPIUM
100000 GEL
1,091,218.21 OPIUM
Exchange 100000 GEL for 1,091,218.21 OPIUM
In the table above, you'll find a comprehensive GEL to OPIUM converter that shows the value of Georgian Lari in Opium across commonly used conversion amounts. The list covers conversions from 1 GEL to OPIUM, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Opium has changed +2.26% to GEL. Based on the trend and price charts, Opium(OPIUM) has changed +2.26% to GEL while Georgian Lari(GEL) has changed % to OPIUM in the last 24 hours.
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OPIUM to GEL conversion data: Volatility and price changes of Opium in GEL
The highest Opium price in GEL over the past 7 days was 0.09173 GEL while the lowest Opium price in GEL over the past 7 days was 0.07399 GEL. The relative change between the highs and lows in Opium price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and OPIUM 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
0.09173 GEL
0.09173 GEL
0.09940 GEL
0.1104 GEL
Low
0.07399 GEL
0.07399 GEL
0.07392 GEL
0.06771 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+2.26%
+22.59%
+18.49%
+12.93%
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Opium's current market price is ₾0.09164 per OPIUM, with a total market cap of ₾381,335.65 GEL based on a circulating supply of 4,161,204 OPIUM. The trading volume of Opium has changed by -4.73% (₾-20.25 GEL) in the last 24 hours. Last trading day, OPIUM's trading volume was ₾427.9.
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 Opium currency pair is the OPIUM to GEL, with for Opium's currency code being OPIUM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 OPIUM to Georgian Lari has changed by +22.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.26%, reaching a high of 0.09173 GEL and a low of 0.07399 GEL . One month ago, the value of 1 OPIUM was ₾0.07737 GEL , which represents a +18.49% change from its current value. Over the last year, Opium has changed by
-₾
0.07625GEL
, resulting in a change of -45.46% in its value.
24 hours ago1 month ago1 year ago
Amount
21:00 today
24 hours ago
24h change
0.5 OPIUM
₾0.04582
₾0.04481
+2.26%
1 OPIUM
₾0.09164
₾0.08962
+2.26%
5 OPIUM
₾0.4582
₾0.4481
+2.26%
10 OPIUM
₾0.9164
₾0.8962
+2.26%
50 OPIUM
₾4.58
₾4.48
+2.26%
100 OPIUM
₾9.16
₾8.96
+2.26%
500 OPIUM
₾45.82
₾44.81
+2.26%
1000 OPIUM
₾91.64
₾89.62
+2.26%
OPIUM to GEL FAQ
How much is 1 Opium in GEL?
Right now, the price of 1 Opium (OPIUM) in Georgian Lari (GEL) is ₾0.09164.
How much OPIUM can I buy for 1 GEL?
Based on the current exchange rate, you can get 10.91 OPIUM for 1 GEL.
How do I calculate or convert OPIUM to GEL?
You can use our OPIUM to GEL calculator at the top of this page to convert any amount of OPIUM to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 54.56 OPIUM, while 5 OPIUM will cost around 0.4582GEL.
What is the highest price of OPIUM/GEL in history?
The all-time high price of 1 OPIUM in GEL is ₾56.6. It remains to be seen if the value of 1 OPIUM/GEL will exceed the current all-time high.
What is the price trend of Opium in GEL?
Over the past 7 days, the exchange rate of Opium (OPIUM) has gone up by 22.59%.
Over the last month, the exchange rate of Opium (OPIUM) has gone up by 18.49% against Georgian Lari (GEL).
What factors influence the conversion rate of OPIUM to GEL?
There are many factors that affect the relationship between Opium 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 OPIUM/GEL. When there is positive news in the market about the widespread adoption of OPIUM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OPIUM/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OPIUM/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 OPIUM/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 Opium and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Opium currency pairs: OPIUM to US Dollar (USD), OPIUM to Euro (EUR), OPIUM to Pound Sterling (GBP), OPIUM to Canadian Dollar (CAD), OPIUM to Indian Rupee (INR), OPIUM to Pakistani Rupee (PKR), OPIUM to Brazilian Real (BRL), OPIUM to… The price of Opium in the US is $0.03400 USD. Additionally, Opium’s price is €0.02921 EUR in the eurozone, £0.02513 GBP in the UK, C$0.04698 CAD in Canada, ₹2.98 INR in India, ₨9.6 PKR in Pakistan, R$0.1840 BRL in Brazil, and more. The most popular Opium currency pair is the OPIUM to Georgian Lari(GEL). The price of 1 Opium (OPIUM) in Georgian Lari (GEL) is ₾0.09164.
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.