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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.59%
New listings on Bitget: Pi Network
BTC/USDT$79643.58 (+3.00%)Fear and Greed Index24(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$97.7M (1D); -$355.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.59%
New listings on Bitget: Pi Network
BTC/USDT$79643.58 (+3.00%)Fear and Greed Index24(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$97.7M (1D); -$355.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
ESD
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Empty Set Dollar(ESD) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 ESD at a value of 1 ESD for 0.00 GEL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
GEL 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 Empty Set Dollar currency pair is the ESD to GEL, with for Empty Set Dollar's currency code being ESD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
ESD to GEL conversion rate trend
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In the past 1D, Empty Set Dollar has changed +3.91% to GEL. Based on the trend and price charts, Empty Set Dollar(ESD) has changed +3.91% to GEL while Georgian Lari(GEL) has changed % to ESD in the last 24 hours.
ESD to GEL market statistics
ESD/GEL:
₾ 0.0008575
ESD 24h volume:
₾ 3.77
ESD market cap:
₾ 382,452.07
ESD circulating supply:
446.01M ESD
More info about Empty Set Dollar on Bitget
Current ESD to GEL exchange rate
Empty Set Dollar to Georgian Lari is falling this week.Empty Set Dollar's current market price is ₾ 0.0008575 per ESD, with a total market cap of ₾ 382,452.07 GEL based on a circulating supply of 446,012,160 ESD. The trading volume of Empty Set Dollar has changed by +7.47% (₾ 0.2620 GEL) in the last 24 hours. Last trading day, ESD's trading volume was ₾ 3.51.
ESD to GEL Conversion tables
The exchange rate of Empty Set Dollar is decreasing.1 ESD is currently valued at ₾ 0.0008575 GEL , which means buying 5 ESD will cost ₾ 0.004287 GEL . Similarly, ₾1 GEL can be traded for 1,166.19 ESD, and ₾50 GEL can be converted to 58,309.55 ESD, excluding any platform or gas fees.
The exchange rate of 1 ESD to Georgian Lari has changed by -13.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.91%, reaching a high of 0.0008791 GEL and a low of 0.0007675 GEL . One month ago, the value of 1 ESD was ₾ 0.001375 GEL , which represents a -37.57% change from its current value. Over the last year, Empty Set Dollar has changed by , resulting in a change of -42.62% in its value.
-₾
0.0006383GELESD to GEL
Amount
05:27 am today
0.5 ESD
₾0.0004287
1 ESD
₾0.0008575
5 ESD
₾0.004287
10 ESD
₾0.008575
50 ESD
₾0.04287
100 ESD
₾0.08575
500 ESD
₾0.4287
1000 ESD
₾0.8575
GEL to ESD
Amount05:27 am today
0.5GEL583.1 ESD
1GEL1,166.19 ESD
5GEL5,830.95 ESD
10GEL11,661.91 ESD
50GEL58,309.55 ESD
100GEL116,619.1 ESD
500GEL583,095.49 ESD
1000GEL1,166,190.99 ESD
ESD to GEL Today vs. 24 hours ago
| Amount | 05:27 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ESD | ₾0.0004287 | ₾0.0004126 | +3.91% |
| 1 ESD | ₾0.0008575 | ₾0.0008252 | +3.91% |
| 5 ESD | ₾0.004287 | ₾0.004126 | +3.91% |
| 10 ESD | ₾0.008575 | ₾0.008252 | +3.91% |
| 50 ESD | ₾0.04287 | ₾0.04126 | +3.91% |
| 100 ESD | ₾0.08575 | ₾0.08252 | +3.91% |
| 500 ESD | ₾0.4287 | ₾0.4126 | +3.91% |
| 1000 ESD | ₾0.8575 | ₾0.8252 | +3.91% |
ESD to GEL Today vs. 1 month ago
| Amount | 05:27 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ESD | ₾0.0004287 | ₾0.0006873 | -37.57% |
| 1 ESD | ₾0.0008575 | ₾0.001375 | -37.57% |
| 5 ESD | ₾0.004287 | ₾0.006873 | -37.57% |
| 10 ESD | ₾0.008575 | ₾0.01375 | -37.57% |
| 50 ESD | ₾0.04287 | ₾0.06873 | -37.57% |
| 100 ESD | ₾0.08575 | ₾0.1375 | -37.57% |
| 500 ESD | ₾0.4287 | ₾0.6873 | -37.57% |
| 1000 ESD | ₾0.8575 | ₾1.37 | -37.57% |
ESD to GEL Today vs. 1 year ago
| Amount | 05:27 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ESD | ₾0.0004287 | ₾0.0007479 | -42.62% |
| 1 ESD | ₾0.0008575 | ₾0.001496 | -42.62% |
| 5 ESD | ₾0.004287 | ₾0.007479 | -42.62% |
| 10 ESD | ₾0.008575 | ₾0.01496 | -42.62% |
| 50 ESD | ₾0.04287 | ₾0.07479 | -42.62% |
| 100 ESD | ₾0.08575 | ₾0.1496 | -42.62% |
| 500 ESD | ₾0.4287 | ₾0.7479 | -42.62% |
| 1000 ESD | ₾0.8575 | ₾1.5 | -42.62% |
How to convert ESD to GEL
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Convert ESD to GEL
Use a variety of payment options to buy Empty Set Dollar on Bitget. We'll show you how.
Buy ESD (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading does not currently support direct buying of ESD with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy ESD with USDT via Bitget spot market.
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Sell ESD (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading currently does not support direct selling of ESD to GEL. However, you can first exchange ESD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of ESD to GEL?
There are many factors that affect the relationship between Empty Set Dollar 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 ESD/GEL. When there is positive news in the market about the widespread adoption of ESD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ESD/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ESD/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.
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 ESD/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 Empty Set Dollar and adjust their investment strategies accordingly in the evolving market.
Empty Set Dollar price prediction
What will the price of ESD be in 2026?
Based on ESD's historical price performance prediction model, the price of ESD is projected to reach $0.0003670 in 2026.
What will the price of ESD be in 2031?
In 2031, the ESD price is expected to change by +34.00%. By the end of 2031, the ESD price is projected to reach $0.0007070, with a cumulative ROI of +132.23%.
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Popular Empty Set Dollar Converter
Check out these popular currency conversions of Empty Set Dollar to several fiat currencies.
ESD to TWD
1 ESD to NT$ 0.01028 TWD
ESD to GEL
1 ESD to ₾ 0.0008575 GEL
ESD to CNY
1 ESD to ¥ 0.002282 CNY
ESD to USD
1 ESD to $ 0.0003117 USD
ESD to EUR
1 ESD to € 0.0002842 EUR
ESD to CAD
1 ESD to $ 0.0004418 CAD
ESD to KRW
1 ESD to ₩ 0.4589 KRW
ESD to JPY
1 ESD to ¥ 0.04604 JPY
ESD to GBP
1 ESD to £ 0.0002440 GBP
ESD to BRL
1 ESD to R$ 0.001844 BRL
Popular cryptocurrencies to GEL
Explore other cryptocurrencies based on your interest in Empty Set Dollar.
BTC to GEL
1 BTC to ₾ 219,388.95 GEL
ETH to GEL
1 ETH to ₾ 4,363.67 GEL
XRP to GEL
1 XRP to ₾ 5.22 GEL
SOL to GEL
1 SOL to ₾ 304.94 GEL
DOGE to GEL
1 DOGE to ₾ 0.4159 GEL
BNB to GEL
1 BNB to ₾ 1,548 GEL
SUI to GEL
1 SUI to ₾ 5.68 GEL
ADA to GEL
1 ADA to ₾ 1.63 GEL
PEPE to GEL
1 PEPE to ₾ 0.{4}1759 GEL
LINK to GEL
1 LINK to ₾ 32.37 GEL
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Empty Set Dollar and GEL.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Empty Set Dollar and GEL. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Empty Set Dollar in GEL, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
