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base info The Sandbox

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SAND
SAND
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GEL
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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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1D7D1M3M1YAll
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calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
₾0.6686
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Binance
₾0.6687
0.1000% / 0.1000%
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Coinbase Exchange
₾0.6687
0.1000% / 0.1000%
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OKX
₾0.6687
0.080% / 0.100%
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Huobi
₾0.6687
0.1000% / 0.1000%
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Gate.io
₾0.6684
0.1000% / 0.1000%
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Bybit
₾0.6684
0.1000% / 0.1000%
calculator.compare.yes
KuCoin
₾0.6690
0.1000% / 0.1000%
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Bitfinex
₾0.6675
0.1000% / 0.1000%
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$572.93M
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$44.59M
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2.39B SAND

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0.5 SAND
0.3291
1 SAND
0.6582
5 SAND
3.29
10 SAND
6.58
50 SAND
32.91
100 SAND
65.82
500 SAND
329.12
1000 SAND
658.24

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0.5GEL0.7596  SAND
1GEL1.52  SAND
5GEL7.6  SAND
10GEL15.19  SAND
50GEL75.96  SAND
100GEL151.92  SAND
500GEL759.6  SAND
1000GEL1,519.2  SAND

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coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 SAND$0.1199$0.1264
-5.14%
1 SAND$0.2398$0.2528
-5.14%
5 SAND$1.2$1.26
-5.14%
10 SAND$2.4$2.53
-5.14%
50 SAND$11.99$12.64
-5.14%
100 SAND$23.98$25.28
-5.14%
500 SAND$119.9$126.39
-5.14%
1000 SAND$239.8$252.78
-5.14%

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0.5 SAND$0.1199$0.1266
-5.31%
1 SAND$0.2398$0.2532
-5.31%
5 SAND$1.2$1.27
-5.31%
10 SAND$2.4$2.53
-5.31%
50 SAND$11.99$12.66
-5.31%
100 SAND$23.98$25.32
-5.31%
500 SAND$119.9$126.62
-5.31%
1000 SAND$239.8$253.24
-5.31%

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0.5 SAND$0.1199$0.1849
-35.16%
1 SAND$0.2398$0.3697
-35.16%
5 SAND$1.2$1.85
-35.16%
10 SAND$2.4$3.7
-35.16%
50 SAND$11.99$18.49
-35.16%
100 SAND$23.98$36.97
-35.16%
500 SAND$119.9$184.87
-35.16%
1000 SAND$239.8$369.75
-35.16%

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