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ITP to GEL Converter and calculator

ITP/GEL: 1 ITP = 0.01663 GEL. The price of converting 1 Interport Token (ITP) to Georgian Lari (GEL) is 0.01663 GEL today.
ITP
ITP
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ITP to GEL real-time exchange rates, making it easy to convert Interport Token (ITP) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 ITP is currently valued at 0.02 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ITP is currently valued at 0.02 GEL, which means buying 5 ITP would cost 0.08 GEL. Similarly, ₾1 GEL can be converted to 60.12 ITP, and ₾50 GEL can be converted to 300.61 ITP, excluding any platform or gas fees.

Convert ITP to GEL

Convert GEL to ITP

Interport Token
Georgian Lari
10000 ITP
166.33  GEL
In the table above, you'll find a comprehensive ITP to GEL converter that shows the value of Interport Token in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 ITP to GEL, all the way up to 10000 ITP, providing a clear view of their respective values.
Georgian Lari
Interport Token
2000 GEL
120,242.51 ITP
5000 GEL
300,606.27 ITP
10000 GEL
601,212.55 ITP
50000 GEL
3,006,062.73 ITP
100000 GEL
6,012,125.47 ITP
In the table above, you'll find a comprehensive GEL to ITP converter that shows the value of Georgian Lari in Interport Token across commonly used conversion amounts. The list covers conversions from 1 GEL to ITP, all the way up to 100000 GEL, providing a clear view of their respective values.

ITP to GEL chart

ITP/GEL: 1 ITP = 0.01663 GEL; 2025/04/27 07:13:47
In the past 1D, Interport Token has changed +7.59% to GEL. Based on the trend and price charts, Interport Token(ITP) has changed +7.59% to GEL while Georgian Lari(GEL) has changed % to ITP in the last 24 hours.
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ITP to GEL conversion data: Volatility and price changes of Interport Token in GEL

The highest Interport Token price in GEL over the past 7 days was 0.01351 GEL while the lowest Interport Token price in GEL over the past 7 days was 0.01071 GEL. The relative change between the highs and lows in Interport Token price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and ITP 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
0.01240 GEL
0.01351 GEL
0.02334 GEL
0.02878 GEL
Low
0.01071 GEL
0.01071 GEL
0.01071 GEL
0.01071 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+7.59%
-10.82%
-47.59%
-58.21%

Interport Token information

ITP to GEL market statistics

ITP/GEL:
₾0.01663
ITP 24h volume:
--
ITP market cap:
--
ITP circulating supply:
0 ITP

Current ITP to GEL exchange rate

Interport Token to Georgian Lari is falling this week.
Interport Token's current market price is ₾0.01663 per ITP, with a total market cap of ₾0 GEL based on a circulating supply of -- ITP. The trading volume of Interport Token has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, ITP's trading volume was ₾0.

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

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How to convert ITP to GEL

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ITP to GEL Conversion tables

The exchange rate of Interport Token is decreasing.
The exchange rate of 1 ITP to Georgian Lari has changed by -10.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.59%, reaching a high of 0.01240 GEL and a low of 0.01071 GEL . One month ago, the value of 1 ITP was ₾0.02714 GEL , which represents a -47.59% change from its current value. Over the last year, Interport Token has changed by
-
1.28GEL
, resulting in a change of -99.10% in its value.
24 hours ago1 month ago1 year ago
Amount07:13 am today24 hours ago24h change
0.5 ITP₾0.008317₾0.007908
+7.59%
1 ITP₾0.01663₾0.01582
+7.59%
5 ITP₾0.08317₾0.07908
+7.59%
10 ITP₾0.1663₾0.1582
+7.59%
50 ITP₾0.8317₾0.7908
+7.59%
100 ITP₾1.66₾1.58
+7.59%
500 ITP₾8.32₾7.91
+7.59%
1000 ITP₾16.63₾15.82
+7.59%

ITP to GEL FAQ

How much is 1 Interport Token in GEL?
Right now, the price of 1 Interport Token (ITP) in Georgian Lari (GEL) is ₾0.01663.
How much ITP can I buy for 1 GEL?
Based on the current exchange rate, you can get 60.12 ITP for 1 GEL.
How do I calculate or convert ITP to GEL?
You can use our ITP to GEL calculator at the top of this page to convert any amount of ITP to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 300.61 ITP, while 5 ITP will cost around 0.08317GEL.
What is the highest price of ITP/GEL in history?
The all-time high price of 1 ITP in GEL is ₾1.78. It remains to be seen if the value of 1 ITP/GEL will exceed the current all-time high.
What is the price trend of Interport Token in GEL?
Over the past 7 days, the exchange rate of Interport Token (ITP) has gone down by 10.82%.   Over the last month, the exchange rate of Interport Token (ITP) has gone down by 47.59% against Georgian Lari (GEL).

What factors influence the conversion rate of ITP to GEL?

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