Bitget converter provides vBTC to GEL real-time exchange rates, making it easy to convert Venus BTC (vBTC) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 vBTC is currently valued at 5,721.85 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 vBTC is currently valued at 5,721.85 GEL, which means buying 5 vBTC would cost 28,609.24 GEL. Similarly, ₾1 GEL can be converted to 0.0001748 vBTC, and ₾50 GEL can be converted to 0.0008738 vBTC, excluding any platform or gas fees.
In the table above, you'll find a comprehensive vBTC to GEL converter that shows the value of Venus BTC in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 vBTC to GEL, all the way up to 10000 vBTC, providing a clear view of their respective values.
In the table above, you'll find a comprehensive GEL to vBTC converter that shows the value of Georgian Lari in Venus BTC across commonly used conversion amounts. The list covers conversions from 1 GEL to vBTC, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Venus BTC has changed -0.32% to GEL. Based on the trend and price charts, Venus BTC(vBTC) has changed -0.32% to GEL while Georgian Lari(GEL) has changed % to vBTC in the last 24 hours.
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vBTC to GEL conversion data: Volatility and price changes of Venus BTC in GEL
The highest Venus BTC price in GEL over the past 7 days was 3,712.89 GEL while the lowest Venus BTC price in GEL over the past 7 days was 3,556.04 GEL. The relative change between the highs and lows in Venus BTC price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and vBTC 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
3,667.34 GEL
3,712.89 GEL
3,970.88 GEL
4,010.15 GEL
Low
3,574.35 GEL
3,556.04 GEL
3,556.04 GEL
3,339.84 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-0.32%
-2.99%
-7.26%
+2.81%
Venus BTC information
vBTC to GEL market statistics
vBTC/GEL:
₾5,721.85
vBTC 24h volume:
--
vBTC market cap:
₾2,096,792,643.25
vBTC circulating supply:
366.45K vBTC
Current vBTC to GEL exchange rate
Venus BTC to Georgian Lari is falling this week.
Venus BTC's current market price is ₾5,721.85 per vBTC, with a total market cap of ₾2,096,792,643.25 GEL based on a circulating supply of 366,453.7 vBTC. The trading volume of Venus BTC has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, vBTC's trading volume was ₾0.
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 Venus BTC currency pair is the vBTC to GEL, with for Venus BTC's currency code being vBTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 vBTC to Georgian Lari has changed by -2.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.32%, reaching a high of 3,667.34 GEL and a low of 3,574.35 GEL . One month ago, the value of 1 vBTC was ₾6,002.32 GEL , which represents a -7.26% change from its current value. Over the last year, Venus BTC has changed by
+₾
863.44GEL
, resulting in a change of 0.00% in its value.
24 hours ago1 month ago1 year ago
Amount
18:01 today
24 hours ago
24h change
0.5 vBTC
₾2,860.92
₾2,866.64
-0.32%
1 vBTC
₾5,721.85
₾5,733.28
-0.32%
5 vBTC
₾28,609.24
₾28,666.38
-0.32%
10 vBTC
₾57,218.49
₾57,332.77
-0.32%
50 vBTC
₾286,092.43
₾286,663.83
-0.32%
100 vBTC
₾572,184.86
₾573,327.67
-0.32%
500 vBTC
₾2,860,924.29
₾2,866,638.33
-0.32%
1000 vBTC
₾5,721,848.58
₾5,733,276.66
-0.32%
vBTC to GEL FAQ
How much is 1 Venus BTC in GEL?
Right now, the price of 1 Venus BTC (vBTC) in Georgian Lari (GEL) is ₾5,721.85.
How much vBTC can I buy for 1 GEL?
Based on the current exchange rate, you can get 0.0001748 vBTC for 1 GEL.
How do I calculate or convert vBTC to GEL?
You can use our vBTC to GEL calculator at the top of this page to convert any amount of vBTC to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 0.0008738 vBTC, while 5 vBTC will cost around 28,609.24GEL.
What is the highest price of vBTC/GEL in history?
The all-time high price of 1 vBTC in GEL is ₾4,069.63. It remains to be seen if the value of 1 vBTC/GEL will exceed the current all-time high.
What is the price trend of Venus BTC in GEL?
Over the past 7 days, the exchange rate of Venus BTC (vBTC) has gone down by 2.99%.
Over the last month, the exchange rate of Venus BTC (vBTC) has gone down by 7.26% against Georgian Lari (GEL).
What factors influence the conversion rate of vBTC to GEL?
There are many factors that affect the relationship between Venus BTC 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 vBTC/GEL. When there is positive news in the market about the widespread adoption of vBTC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of vBTC/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in vBTC/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 vBTC/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 Venus BTC and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Venus BTC currency pairs: vBTC to US Dollar (USD), vBTC to Euro (EUR), vBTC to Pound Sterling (GBP), vBTC to Canadian Dollar (CAD), vBTC to Indian Rupee (INR), vBTC to Pakistani Rupee (PKR), vBTC to Brazilian Real (BRL), vBTC to… The price of Venus BTC in the US is $2,103.62 USD. Additionally, Venus BTC’s price is €1,825.31 EUR in the eurozone, £1,563.2 GBP in the UK, C$2,888.69 CAD in Canada, ₹182,176.93 INR in India, ₨597,235.62 PKR in Pakistan, R$11,596.84 BRL in Brazil, and more. The most popular Venus BTC currency pair is the vBTC to Georgian Lari(GEL). The price of 1 Venus BTC (vBTC) in Georgian Lari (GEL) is ₾5,721.85.
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.