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COINYE to GEL Converter and calculator

COINYE/GEL: 1 COINYE = 0.001078 GEL. The price of converting 1 Coinye West (COINYE) to Georgian Lari (GEL) is 0.001078 GEL today.
COINYE
COINYE
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides COINYE to GEL real-time exchange rates, making it easy to convert Coinye West (COINYE) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 COINYE is currently valued at 0.00 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 COINYE is currently valued at 0.00 GEL, which means buying 5 COINYE would cost 0.01 GEL. Similarly, ₾1 GEL can be converted to 927.99 COINYE, and ₾50 GEL can be converted to 4,639.97 COINYE, excluding any platform or gas fees.

Convert COINYE to GEL

Convert GEL to COINYE

Coinye West
Georgian Lari
1 COINYE
0.001078  GEL
2 COINYE
0.002155  GEL
5 COINYE
0.005388  GEL
10 COINYE
0.01078  GEL
20 COINYE
0.02155  GEL
50 COINYE
0.05388  GEL
100 COINYE
0.1078  GEL
200 COINYE
0.2155  GEL
500 COINYE
0.5388  GEL
1000 COINYE
1.08  GEL
5000 COINYE
5.39  GEL
10000 COINYE
10.78  GEL
In the table above, you'll find a comprehensive COINYE to GEL converter that shows the value of Coinye West in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 COINYE to GEL, all the way up to 10000 COINYE, providing a clear view of their respective values.
Georgian Lari
Coinye West
50 GEL
46,399.73 COINYE
100 GEL
92,799.45 COINYE
200 GEL
185,598.9 COINYE
500 GEL
463,997.26 COINYE
1000 GEL
927,994.52 COINYE
2000 GEL
1,855,989.05 COINYE
5000 GEL
4,639,972.62 COINYE
10000 GEL
9,279,945.24 COINYE
50000 GEL
46,399,726.18 COINYE
100000 GEL
92,799,452.37 COINYE
In the table above, you'll find a comprehensive GEL to COINYE converter that shows the value of Georgian Lari in Coinye West across commonly used conversion amounts. The list covers conversions from 1 GEL to COINYE, all the way up to 100000 GEL, providing a clear view of their respective values.

COINYE to GEL chart

COINYE/GEL: 1 COINYE = 0.001078 GEL; 2025/04/26 18:44:23
In the past 1D, Coinye West has changed +6.12% to GEL. Based on the trend and price charts, Coinye West(COINYE) has changed +6.12% to GEL while Georgian Lari(GEL) has changed % to COINYE in the last 24 hours.
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COINYE to GEL conversion data: Volatility and price changes of Coinye West in GEL

The highest Coinye West price in GEL over the past 7 days was 0.001099 GEL while the lowest Coinye West price in GEL over the past 7 days was 0.0007718 GEL. The relative change between the highs and lows in Coinye West price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and COINYE 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
0.001099 GEL
0.001099 GEL
0.002043 GEL
0.01556 GEL
Low
0.0009782 GEL
0.0007718 GEL
0.0007670 GEL
0.0007670 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+6.12%
+34.77%
-47.37%
-82.60%

Coinye West information

COINYE to GEL market statistics

COINYE/GEL:
₾0.001078
COINYE 24h volume:
₾16,334.25
COINYE market cap:
₾863,415.39
COINYE circulating supply:
801.24M COINYE

Current COINYE to GEL exchange rate

Coinye West to Georgian Lari is rising this week.
Coinye West's current market price is ₾0.001078 per COINYE, with a total market cap of ₾863,415.39 GEL based on a circulating supply of 801,244,740 COINYE. The trading volume of Coinye West has changed by +113.01% (₾8,665.91 GEL) in the last 24 hours. Last trading day, COINYE's trading volume was ₾7,668.34.

More info about Coinye West 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 Coinye West currency pair is the COINYE to GEL, with for Coinye West's currency code being COINYE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

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How to convert COINYE to GEL

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COINYE to GEL Conversion tables

The exchange rate of Coinye West is decreasing.
The exchange rate of 1 COINYE to Georgian Lari has changed by +34.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.12%, reaching a high of 0.001099 GEL and a low of 0.0009782 GEL . One month ago, the value of 1 COINYE was ₾0.002047 GEL , which represents a -47.37% change from its current value. Over the last year, Coinye West has changed by
-
0.05093GEL
, resulting in a change of -97.93% in its value.
24 hours ago1 month ago1 year ago
Amount18:44 today24 hours ago24h change
0.5 COINYE₾0.0005388₾0.0005077
+6.12%
1 COINYE₾0.001078₾0.001015
+6.12%
5 COINYE₾0.005388₾0.005077
+6.12%
10 COINYE₾0.01078₾0.01015
+6.12%
50 COINYE₾0.05388₾0.05077
+6.12%
100 COINYE₾0.1078₾0.1015
+6.12%
500 COINYE₾0.5388₾0.5077
+6.12%
1000 COINYE₾1.08₾1.02
+6.12%

COINYE to GEL FAQ

How much is 1 Coinye West in GEL?
Right now, the price of 1 Coinye West (COINYE) in Georgian Lari (GEL) is ₾0.001078.
How much COINYE can I buy for 1 GEL?
Based on the current exchange rate, you can get 927.99 COINYE for 1 GEL.
How do I calculate or convert COINYE to GEL?
You can use our COINYE to GEL calculator at the top of this page to convert any amount of COINYE to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 4,639.97 COINYE, while 5 COINYE will cost around 0.005388GEL.
What is the highest price of COINYE/GEL in history?
The all-time high price of 1 COINYE in GEL is ₾0.1261. It remains to be seen if the value of 1 COINYE/GEL will exceed the current all-time high.
What is the price trend of Coinye West in GEL?
Over the past 7 days, the exchange rate of Coinye West (COINYE) has gone up by 34.77%.   Over the last month, the exchange rate of Coinye West (COINYE) has gone down by 47.37% against Georgian Lari (GEL).

What factors influence the conversion rate of COINYE to GEL?

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