Bitget converter provides PNIC to GEL real-time exchange rates, making it easy to convert Phoenic (PNIC) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 PNIC is currently valued at 0.006493 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PNIC is currently valued at 0.006493 GEL, which means buying 5 PNIC would cost 0.03247 GEL. Similarly, ₾1 GEL can be converted to 154.01 PNIC, and ₾50 GEL can be converted to 770.05 PNIC, excluding any platform or gas fees.
Conversion rates
Convert PNIC to GEL
Convert GEL to PNIC
Phoenic
Georgian Lari
1 PNIC
0.006493 GEL
Exchange 1 PNIC for 0.006493 GEL
2 PNIC
0.01299 GEL
Exchange 2 PNIC for 0.01299 GEL
5 PNIC
0.03247 GEL
Exchange 5 PNIC for 0.03247 GEL
10 PNIC
0.06493 GEL
Exchange 10 PNIC for 0.06493 GEL
20 PNIC
0.1299 GEL
Exchange 20 PNIC for 0.1299 GEL
50 PNIC
0.3247 GEL
Exchange 50 PNIC for 0.3247 GEL
100 PNIC
0.6493 GEL
Exchange 100 PNIC for 0.6493 GEL
200 PNIC
1.3 GEL
Exchange 200 PNIC for 1.3 GEL
500 PNIC
3.25 GEL
Exchange 500 PNIC for 3.25 GEL
1000 PNIC
6.49 GEL
Exchange 1000 PNIC for 6.49 GEL
5000 PNIC
32.47 GEL
Exchange 5000 PNIC for 32.47 GEL
10000 PNIC
64.93 GEL
Exchange 10000 PNIC for 64.93 GEL
In the table above, you'll find a comprehensive PNIC to GEL converter that shows the value of Phoenic in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 PNIC to GEL, all the way up to 10000 PNIC, providing a clear view of their respective values.
Georgian Lari
Phoenic
1 GEL
154.01 PNIC
Exchange 1 GEL for 154.01 PNIC
10 GEL
1,540.1 PNIC
Exchange 10 GEL for 1,540.1 PNIC
50 GEL
7,700.52 PNIC
Exchange 50 GEL for 7,700.52 PNIC
100 GEL
15,401.04 PNIC
Exchange 100 GEL for 15,401.04 PNIC
200 GEL
30,802.07 PNIC
Exchange 200 GEL for 30,802.07 PNIC
500 GEL
77,005.18 PNIC
Exchange 500 GEL for 77,005.18 PNIC
1000 GEL
154,010.37 PNIC
Exchange 1000 GEL for 154,010.37 PNIC
2000 GEL
308,020.73 PNIC
Exchange 2000 GEL for 308,020.73 PNIC
5000 GEL
770,051.83 PNIC
Exchange 5000 GEL for 770,051.83 PNIC
10000 GEL
1,540,103.66 PNIC
Exchange 10000 GEL for 1,540,103.66 PNIC
50000 GEL
7,700,518.31 PNIC
Exchange 50000 GEL for 7,700,518.31 PNIC
100000 GEL
15,401,036.61 PNIC
Exchange 100000 GEL for 15,401,036.61 PNIC
In the table above, you'll find a comprehensive GEL to PNIC converter that shows the value of Georgian Lari in Phoenic across commonly used conversion amounts. The list covers conversions from 1 GEL to PNIC, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Phoenic has changed -5.94% to GEL. Based on the trend and price charts, Phoenic(PNIC) has changed -5.94% to GEL while Georgian Lari(GEL) has changed % to PNIC in the last 24 hours.
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PNIC to GEL conversion data: Volatility and price changes of Phoenic in GEL
The highest Phoenic price in GEL over the past 7 days was 0.007885 GEL while the lowest Phoenic price in GEL over the past 7 days was 0.004853 GEL. The relative change between the highs and lows in Phoenic price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and PNIC to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Phoenic's current market price is ₾0.006493 per PNIC, with a total market cap of ₾1,651,622.66 GEL based on a circulating supply of 254,367,020 PNIC. The trading volume of Phoenic has changed by +1.84% (₾4,492.85 GEL) in the last 24 hours. Last trading day, PNIC's trading volume was ₾244,735.39.
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 Phoenic currency pair is the PNIC to GEL, with for Phoenic's currency code being PNIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 PNIC to Georgian Lari has changed by -12.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.94%, reaching a high of 0.006956 GEL and a low of 0.006475 GEL . One month ago, the value of 1 PNIC was ₾0.006039 GEL , which represents a +7.52% change from its current value. Over the last year, Phoenic has changed by
-₾
0.5917GEL
, resulting in a change of -98.91% in its value.
24 hours ago1 month ago1 year ago
Amount
04:02 am today
24 hours ago
24h change
0.5 PNIC
₾0.003247
₾0.003452
-5.94%
1 PNIC
₾0.006493
₾0.006903
-5.94%
5 PNIC
₾0.03247
₾0.03452
-5.94%
10 PNIC
₾0.06493
₾0.06903
-5.94%
50 PNIC
₾0.3247
₾0.3452
-5.94%
100 PNIC
₾0.6493
₾0.6903
-5.94%
500 PNIC
₾3.25
₾3.45
-5.94%
1000 PNIC
₾6.49
₾6.9
-5.94%
PNIC to GEL FAQ
How much is 1 Phoenic in GEL?
Right now, the price of 1 Phoenic (PNIC) in Georgian Lari (GEL) is ₾0.006493.
How much PNIC can I buy for 1 GEL?
Based on the current exchange rate, you can get 154.01 PNIC for 1 GEL.
How do I calculate or convert PNIC to GEL?
You can use our PNIC to GEL calculator at the top of this page to convert any amount of PNIC to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 770.05 PNIC, while 5 PNIC will cost around 0.03247GEL.
What is the highest price of PNIC/GEL in history?
The all-time high price of 1 PNIC in GEL is ₾1.28. It remains to be seen if the value of 1 PNIC/GEL will exceed the current all-time high.
What is the price trend of Phoenic in GEL?
Over the past 7 days, the exchange rate of Phoenic (PNIC) has gone down by 12.65%.
Over the last month, the exchange rate of Phoenic (PNIC) has gone up by 7.52% against Georgian Lari (GEL).
What factors influence the conversion rate of PNIC to GEL?
There are many factors that affect the relationship between Phoenic 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 PNIC/GEL. When there is positive news in the market about the widespread adoption of PNIC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PNIC/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PNIC/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 PNIC/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 Phoenic and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Phoenic currency pairs: PNIC to US Dollar (USD), PNIC to Euro (EUR), PNIC to Pound Sterling (GBP), PNIC to Canadian Dollar (CAD), PNIC to Indian Rupee (INR), PNIC to Pakistani Rupee (PKR), PNIC to Brazilian Real (BRL), PNIC to… The price of Phoenic in the US is $0.002409 USD. Additionally, Phoenic’s price is €0.002057 EUR in the eurozone, £0.001773 GBP in the UK, C$0.003313 CAD in Canada, ₹0.2107 INR in India, ₨0.6842 PKR in Pakistan, R$0.01299 BRL in Brazil, and more. The most popular Phoenic currency pair is the PNIC to Georgian Lari(GEL). The price of 1 Phoenic (PNIC) in Georgian Lari (GEL) is ₾0.006493.
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.