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AUCTION to GEL Converter and calculator

AUCTION/GEL: 1 AUCTION = 33.6 GEL. The price of converting 1 Bounce Token (AUCTION) to Georgian Lari (GEL) is 33.6 GEL today.
AUCTION
AUCTION
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides AUCTION to GEL real-time exchange rates, making it easy to convert Bounce Token (AUCTION) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 AUCTION is currently valued at 33.60 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 AUCTION is currently valued at 33.60 GEL, which means buying 5 AUCTION would cost 168.02 GEL. Similarly, ₾1 GEL can be converted to 0.02976 AUCTION, and ₾50 GEL can be converted to 0.1488 AUCTION, excluding any platform or gas fees.

Convert AUCTION to GEL

Convert GEL to AUCTION

Bounce Token
Georgian Lari
5 AUCTION
168.02  GEL
10 AUCTION
336.04  GEL
20 AUCTION
672.07  GEL
50 AUCTION
1,680.18  GEL
100 AUCTION
3,360.36  GEL
200 AUCTION
6,720.71  GEL
500 AUCTION
16,801.78  GEL
1000 AUCTION
33,603.55  GEL
5000 AUCTION
168,017.75  GEL
10000 AUCTION
336,035.5  GEL
In the table above, you'll find a comprehensive AUCTION to GEL converter that shows the value of Bounce Token in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 AUCTION to GEL, all the way up to 10000 AUCTION, providing a clear view of their respective values.
Georgian Lari
Bounce Token
5000 GEL
148.79 AUCTION
10000 GEL
297.59 AUCTION
50000 GEL
1,487.94 AUCTION
100000 GEL
2,975.88 AUCTION
In the table above, you'll find a comprehensive GEL to AUCTION converter that shows the value of Georgian Lari in Bounce Token across commonly used conversion amounts. The list covers conversions from 1 GEL to AUCTION, all the way up to 100000 GEL, providing a clear view of their respective values.

AUCTION to GEL chart

AUCTION/GEL: 1 AUCTION = 33.6 GEL; 2025/04/27 08:24:26
In the past 1D, Bounce Token has changed -2.19% to GEL. Based on the trend and price charts, Bounce Token(AUCTION) has changed -2.19% to GEL while Georgian Lari(GEL) has changed % to AUCTION in the last 24 hours.
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AUCTION to GEL conversion data: Volatility and price changes of Bounce Token in GEL

The highest Bounce Token price in GEL over the past 7 days was 34.84 GEL while the lowest Bounce Token price in GEL over the past 7 days was 29.83 GEL. The relative change between the highs and lows in Bounce Token price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and AUCTION to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
34.78 GEL
34.84 GEL
51.81 GEL
182.79 GEL
Low
33.2 GEL
29.83 GEL
29.83 GEL
20.27 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-2.19%
+7.49%
-32.63%
+4.83%

Bounce Token information

AUCTION to GEL market statistics

AUCTION/GEL:
₾33.6
AUCTION 24h volume:
₾57,366,280.49
AUCTION market cap:
₾204,650,403
AUCTION circulating supply:
6.09M AUCTION

Current AUCTION to GEL exchange rate

Bounce Token to Georgian Lari is rising this week.
Bounce Token's current market price is ₾33.6 per AUCTION, with a total market cap of ₾204,650,403 GEL based on a circulating supply of 6,090,142.5 AUCTION. The trading volume of Bounce Token has changed by -23.36% (₾-17,485,045.11 GEL) in the last 24 hours. Last trading day, AUCTION's trading volume was ₾74,851,325.6.

More info about Bounce Token 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.

Bitget crypto-to-fiat exchange data shows that the most popular Bounce Token currency pair is the AUCTION to GEL, with for Bounce Token's currency code being AUCTION. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

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How to convert AUCTION to GEL

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1 AUCTION to ¥89.48 CNY
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1 AUCTION to C$17.04 CAD
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1 AUCTION to ¥1,763.65 JPY
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1 AUCTION to £9.22 GBP
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AUCTION to GEL Conversion tables

The exchange rate of Bounce Token is decreasing.
The exchange rate of 1 AUCTION to Georgian Lari has changed by +7.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.19%, reaching a high of 34.78 GEL and a low of 33.2 GEL . One month ago, the value of 1 AUCTION was ₾49.86 GEL , which represents a -32.63% change from its current value. Over the last year, Bounce Token has changed by
-
12.93GEL
, resulting in a change of -27.80% in its value.
24 hours ago1 month ago1 year ago
Amount08:24 am today24 hours ago24h change
0.5 AUCTION₾16.8₾17.18
-2.19%
1 AUCTION₾33.6₾34.36
-2.19%
5 AUCTION₾168.02₾171.78
-2.19%
10 AUCTION₾336.04₾343.57
-2.19%
50 AUCTION₾1,680.18₾1,717.83
-2.19%
100 AUCTION₾3,360.36₾3,435.66
-2.19%
500 AUCTION₾16,801.78₾17,178.3
-2.19%
1000 AUCTION₾33,603.55₾34,356.6
-2.19%

AUCTION to GEL FAQ

How much is 1 Bounce Token in GEL?
Right now, the price of 1 Bounce Token (AUCTION) in Georgian Lari (GEL) is ₾33.6.
How much AUCTION can I buy for 1 GEL?
Based on the current exchange rate, you can get 0.02976 AUCTION for 1 GEL.
How do I calculate or convert AUCTION to GEL?
You can use our AUCTION to GEL calculator at the top of this page to convert any amount of AUCTION to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 0.1488 AUCTION, while 5 AUCTION will cost around 168.02GEL.
What is the highest price of AUCTION/GEL in history?
The all-time high price of 1 AUCTION in GEL is ₾193.15. It remains to be seen if the value of 1 AUCTION/GEL will exceed the current all-time high.
What is the price trend of Bounce Token in GEL?
Over the past 7 days, the exchange rate of Bounce Token (AUCTION) has gone up by 7.49%.   Over the last month, the exchange rate of Bounce Token (AUCTION) has gone down by 32.63% against Georgian Lari (GEL).

What factors influence the conversion rate of AUCTION to GEL?

There are many factors that affect the relationship between Bounce Token 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 AUCTION/GEL. When there is positive news in the market about the widespread adoption of AUCTION or major technological breakthroughs, it tends to trigger market optimism and drive the rise of AUCTION/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in AUCTION/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 AUCTION/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 Bounce Token and adjust their investment strategies accordingly in the evolving market.

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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.