SOBA to GEL Converter and calculator


Conversion rates
Convert SOBA to GEL
Convert GEL to SOBA
SOBA to GEL chart
SOBA to GEL conversion data: Volatility and price changes of Sol Bastard in GEL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0005883 GEL | 0.0005353 GEL | 0.0005883 GEL | 0.004282 GEL |
Low | 0.0003515 GEL | 0.0001645 GEL | 0.0001169 GEL | 0.0001144 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | +40.65% | +210.57% | +119.14% | -86.83% |
Sol Bastard information
SOBA to GEL market statistics
Current SOBA to GEL exchange rate
Sol Bastard to Georgian Lari is rising this week.More info about Sol Bastard on Bitget
Georgian Lari information
About Georgian Lari (GEL)
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.
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SOBA to GEL Conversion tables
Amount | 20:56 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SOBA | ₾0.0002477 | ₾0.0001761 | +40.65% |
1 SOBA | ₾0.0004955 | ₾0.0003523 | +40.65% |
5 SOBA | ₾0.002477 | ₾0.001761 | +40.65% |
10 SOBA | ₾0.004955 | ₾0.003523 | +40.65% |
50 SOBA | ₾0.02477 | ₾0.01761 | +40.65% |
100 SOBA | ₾0.04955 | ₾0.03523 | +40.65% |
500 SOBA | ₾0.2477 | ₾0.1761 | +40.65% |
1000 SOBA | ₾0.4955 | ₾0.3523 | +40.65% |
SOBA to GEL FAQ
What factors influence the conversion rate of SOBA to GEL?
Popular exchange rates — Crypto-to-Fiat converter
The price of Sol Bastard in the US is $0.0001822 USD. Additionally, Sol Bastard’s price is €0.0001581 EUR in the eurozone, £0.0001354 GBP in the UK, C$0.0002501 CAD in Canada, ₹0.01578 INR in India, ₨0.05172 PKR in Pakistan, R$0.001004 BRL in Brazil, and more.
The most popular Sol Bastard currency pair is the SOBA to Georgian Lari(GEL). The price of 1 Sol Bastard (SOBA) in Georgian Lari (GEL) is ₾0.0004955.
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