Bitget converter provides Phants to GEL real-time exchange rates, making it easy to convert Phants (Phants) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 Phants is currently valued at 0.{4}1546 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 Phants is currently valued at 0.{4}1546 GEL, which means buying 5 Phants would cost 0.{4}7731 GEL. Similarly, ₾1 GEL can be converted to 64,676.55 Phants, and ₾50 GEL can be converted to 323,382.75 Phants, excluding any platform or gas fees.
Conversion rates
Convert Phants to GEL
Convert GEL to Phants
Phants
Georgian Lari
1 Phants
0.{4}1546 GEL
Exchange 1 Phants for 0.{4}1546 GEL
2 Phants
0.{4}3092 GEL
Exchange 2 Phants for 0.{4}3092 GEL
5 Phants
0.{4}7731 GEL
Exchange 5 Phants for 0.{4}7731 GEL
10 Phants
0.0001546 GEL
Exchange 10 Phants for 0.0001546 GEL
20 Phants
0.0003092 GEL
Exchange 20 Phants for 0.0003092 GEL
50 Phants
0.0007731 GEL
Exchange 50 Phants for 0.0007731 GEL
100 Phants
0.001546 GEL
Exchange 100 Phants for 0.001546 GEL
200 Phants
0.003092 GEL
Exchange 200 Phants for 0.003092 GEL
500 Phants
0.007731 GEL
Exchange 500 Phants for 0.007731 GEL
1000 Phants
0.01546 GEL
Exchange 1000 Phants for 0.01546 GEL
5000 Phants
0.07731 GEL
Exchange 5000 Phants for 0.07731 GEL
10000 Phants
0.1546 GEL
Exchange 10000 Phants for 0.1546 GEL
In the table above, you'll find a comprehensive Phants to GEL converter that shows the value of Phants in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 Phants to GEL, all the way up to 10000 Phants, providing a clear view of their respective values.
Georgian Lari
Phants
1 GEL
64,676.55 Phants
Exchange 1 GEL for 64,676.55 Phants
10 GEL
646,765.5 Phants
Exchange 10 GEL for 646,765.5 Phants
50 GEL
3,233,827.51 Phants
Exchange 50 GEL for 3,233,827.51 Phants
100 GEL
6,467,655.02 Phants
Exchange 100 GEL for 6,467,655.02 Phants
200 GEL
12,935,310.05 Phants
Exchange 200 GEL for 12,935,310.05 Phants
500 GEL
32,338,275.12 Phants
Exchange 500 GEL for 32,338,275.12 Phants
1000 GEL
64,676,550.24 Phants
Exchange 1000 GEL for 64,676,550.24 Phants
2000 GEL
129,353,100.49 Phants
Exchange 2000 GEL for 129,353,100.49 Phants
5000 GEL
323,382,751.22 Phants
Exchange 5000 GEL for 323,382,751.22 Phants
10000 GEL
646,765,502.44 Phants
Exchange 10000 GEL for 646,765,502.44 Phants
50000 GEL
3,233,827,512.19 Phants
Exchange 50000 GEL for 3,233,827,512.19 Phants
100000 GEL
6,467,655,024.39 Phants
Exchange 100000 GEL for 6,467,655,024.39 Phants
In the table above, you'll find a comprehensive GEL to Phants converter that shows the value of Georgian Lari in Phants across commonly used conversion amounts. The list covers conversions from 1 GEL to Phants, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Phants has changed -0.17% to GEL. Based on the trend and price charts, Phants(Phants) has changed -0.17% to GEL while Georgian Lari(GEL) has changed % to Phants in the last 24 hours.
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Phants to GEL conversion data: Volatility and price changes of Phants in GEL
The highest Phants price in GEL over the past 7 days was -- GEL while the lowest Phants price in GEL over the past 7 days was -- GEL. The relative change between the highs and lows in Phants price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and Phants 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.{4}1855 GEL
-- GEL
-- GEL
-- GEL
Low
0.{4}1546 GEL
-- GEL
-- GEL
-- GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-0.17%
--
--
--
Buy
Sell
Buy Phants (or USDT) for GEL (Georgian Lari) offers
Phants's current market price is ₾0.{4}1546 per Phants, with a total market cap of ₾15,457.32 GEL based on a circulating supply of 999,725,800 Phants. The trading volume of Phants has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, Phants'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 Phants currency pair is the Phants to GEL, with for Phants's currency code being Phants. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 Phants to Georgian Lari has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.17%, reaching a high of 0.{4}1855 GEL and a low of 0.{4}1546 GEL . One month ago, the value of 1 Phants was ₾-- GEL , which represents a --% change from its current value. Over the last year, Phants has changed by
-₾
--GEL
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount
06:05 am today
24 hours ago
24h change
0.5 Phants
₾0.{5}7731
₾--
-0.17%
1 Phants
₾0.{4}1546
₾--
-0.17%
5 Phants
₾0.{4}7731
₾--
-0.17%
10 Phants
₾0.0001546
₾--
-0.17%
50 Phants
₾0.0007731
₾--
-0.17%
100 Phants
₾0.001546
₾--
-0.17%
500 Phants
₾0.007731
₾--
-0.17%
1000 Phants
₾0.01546
₾--
-0.17%
Phants to GEL FAQ
How much is 1 Phants in GEL?
Right now, the price of 1 Phants (Phants) in Georgian Lari (GEL) is ₾0.{4}1546.
How much Phants can I buy for 1 GEL?
Based on the current exchange rate, you can get 64,676.55 Phants for 1 GEL.
How do I calculate or convert Phants to GEL?
You can use our Phants to GEL calculator at the top of this page to convert any amount of Phants to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 323,382.75 Phants, while 5 Phants will cost around 0.{4}7731GEL.
What is the highest price of Phants/GEL in history?
The all-time high price of 1 Phants in GEL is --. It remains to be seen if the value of 1 Phants/GEL will exceed the current all-time high.
What is the price trend of Phants in GEL?
Over the past 7 days, the exchange rate of Phants (Phants) has gone down by --.
Over the last month, the exchange rate of Phants (Phants) has gone down by -- against Georgian Lari (GEL).
What factors influence the conversion rate of Phants to GEL?
There are many factors that affect the relationship between Phants 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 Phants/GEL. When there is positive news in the market about the widespread adoption of Phants or major technological breakthroughs, it tends to trigger market optimism and drive the rise of Phants/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in Phants/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 Phants/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 Phants and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Phants currency pairs: Phants to US Dollar (USD), Phants to Euro (EUR), Phants to Pound Sterling (GBP), Phants to Canadian Dollar (CAD), Phants to Indian Rupee (INR), Phants to Pakistani Rupee (PKR), Phants to Brazilian Real (BRL), Phants to… The price of Phants in the US is $0.{5}5684 USD. Additionally, Phants’s price is €0.{5}4914 EUR in the eurozone, £0.{5}4272 GBP in the UK, C$0.{5}7970 CAD in Canada, ₹0.0005047 INR in India, ₨0.001611 PKR in Pakistan, R$0.{4}3058 BRL in Brazil, and more. The most popular Phants currency pair is the Phants to Georgian Lari(GEL). The price of 1 Phants (Phants) in Georgian Lari (GEL) is ₾0.{4}1546.
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.