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ILV to GEL Converter and calculator

ILV/GEL: 1 ILV = 41.94 GEL. The price of converting 1 Illuvium (ILV) to Georgian Lari (GEL) is 41.94 GEL today.
ILV
ILV
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ILV to GEL real-time exchange rates, making it easy to convert Illuvium (ILV) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 ILV is currently valued at 41.94 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ILV is currently valued at 41.94 GEL, which means buying 5 ILV would cost 209.72 GEL. Similarly, ₾1 GEL can be converted to 0.02384 ILV, and ₾50 GEL can be converted to 0.1192 ILV, excluding any platform or gas fees.

Convert ILV to GEL

Convert GEL to ILV

Illuvium
Georgian Lari
100 ILV
4,194.36  GEL
200 ILV
8,388.72  GEL
500 ILV
20,971.8  GEL
1000 ILV
41,943.6  GEL
5000 ILV
209,718  GEL
10000 ILV
419,436  GEL
In the table above, you'll find a comprehensive ILV to GEL converter that shows the value of Illuvium in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 ILV to GEL, all the way up to 10000 ILV, providing a clear view of their respective values.
Georgian Lari
Illuvium
100000 GEL
2,384.15 ILV
In the table above, you'll find a comprehensive GEL to ILV converter that shows the value of Georgian Lari in Illuvium across commonly used conversion amounts. The list covers conversions from 1 GEL to ILV, all the way up to 100000 GEL, providing a clear view of their respective values.

ILV to GEL chart

ILV/GEL: 1 ILV = 41.94 GEL; 2025/05/03 02:42:45
In the past 1D, Illuvium has changed -2.93% to GEL. Based on the trend and price charts, Illuvium(ILV) has changed -2.93% to GEL while Georgian Lari(GEL) has changed % to ILV in the last 24 hours.
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ILV to GEL conversion data: Volatility and price changes of Illuvium in GEL

The highest Illuvium price in GEL over the past 7 days was 44.11 GEL while the lowest Illuvium price in GEL over the past 7 days was 39.67 GEL. The relative change between the highs and lows in Illuvium price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and ILV 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
43.67 GEL
44.11 GEL
44.11 GEL
53.8 GEL
Low
41.78 GEL
39.67 GEL
41.39 GEL
27.04 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-2.93%
+0.07%
+0.53%
-12.60%

Illuvium information

ILV to GEL market statistics

ILV/GEL:
₾41.94
ILV 24h volume:
--
ILV market cap:
--
ILV circulating supply:
-- ILV

Current ILV to GEL exchange rate

Illuvium to Georgian Lari is rising this week.
Illuvium's current market price is ₾41.94 per ILV, with a total market cap of ₾-- GEL based on a circulating supply of -- ILV. The trading volume of Illuvium has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, ILV's trading volume was ₾--.

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

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How to convert ILV to GEL

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Convert ILV to GEL
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Buy ILV (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading does not currently support direct buying of ILV with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy ILV with USDT via Bitget spot market.
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ILV to GEL Conversion tables

The exchange rate of Illuvium is increasing.
The exchange rate of 1 ILV to Georgian Lari has changed by +0.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.93%, reaching a high of 43.67 GEL and a low of 41.78 GEL . One month ago, the value of 1 ILV was ₾41.72 GEL , which represents a +0.53% change from its current value. Over the last year, Illuvium has changed by
-
191.3GEL
, resulting in a change of -82.05% in its value.
24 hours ago1 month ago1 year ago
Amount02:42 am today24 hours ago24h change
0.5 ILV₾20.97₾21.6
-2.93%
1 ILV₾41.94₾43.21
-2.93%
5 ILV₾209.72₾216.03
-2.93%
10 ILV₾419.44₾432.06
-2.93%
50 ILV₾2,097.18₾2,160.32
-2.93%
100 ILV₾4,194.36₾4,320.63
-2.93%
500 ILV₾20,971.8₾21,603.15
-2.93%
1000 ILV₾41,943.6₾43,206.3
-2.93%

ILV to GEL FAQ

How much is 1 Illuvium in GEL?
Right now, the price of 1 Illuvium (ILV) in Georgian Lari (GEL) is ₾41.94.
How much ILV can I buy for 1 GEL?
Based on the current exchange rate, you can get 0.02384 ILV for 1 GEL.
How do I calculate or convert ILV to GEL?
You can use our ILV to GEL calculator at the top of this page to convert any amount of ILV to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 0.1192 ILV, while 5 ILV will cost around 209.72GEL.
What is the highest price of ILV/GEL in history?
The all-time high price of 1 ILV in GEL is ₾2,018.04. It remains to be seen if the value of 1 ILV/GEL will exceed the current all-time high.
What is the price trend of Illuvium in GEL?
Over the past 7 days, the exchange rate of Illuvium (ILV) has gone up by 0.07%.   Over the last month, the exchange rate of Illuvium (ILV) has gone up by 0.53% against Georgian Lari (GEL).

What factors influence the conversion rate of ILV to GEL?

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