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LOON to GEL Converter and calculator

LOON/GEL: 1 LOON = 0.0002061 GEL. The price of converting 1 Loon Network (LOON) to Georgian Lari (GEL) is 0.0002061 GEL today.
LOON
LOON
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LOON to GEL real-time exchange rates, making it easy to convert Loon Network (LOON) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 LOON is currently valued at 0.00 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LOON is currently valued at 0.00 GEL, which means buying 5 LOON would cost 0.00 GEL. Similarly, ₾1 GEL can be converted to 4,851.04 LOON, and ₾50 GEL can be converted to 24,255.19 LOON, excluding any platform or gas fees.

Convert LOON to GEL

Convert GEL to LOON

Loon Network
Georgian Lari
1 LOON
0.0002061  GEL
2 LOON
0.0004123  GEL
10 LOON
0.002061  GEL
20 LOON
0.004123  GEL
100 LOON
0.02061  GEL
200 LOON
0.04123  GEL
1000 LOON
0.2061  GEL
In the table above, you'll find a comprehensive LOON to GEL converter that shows the value of Loon Network in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 LOON to GEL, all the way up to 10000 LOON, providing a clear view of their respective values.
Georgian Lari
Loon Network
100 GEL
485,103.75 LOON
500 GEL
2,425,518.75 LOON
1000 GEL
4,851,037.5 LOON
2000 GEL
9,702,075 LOON
5000 GEL
24,255,187.5 LOON
10000 GEL
48,510,375 LOON
50000 GEL
242,551,874.98 LOON
100000 GEL
485,103,749.97 LOON
In the table above, you'll find a comprehensive GEL to LOON converter that shows the value of Georgian Lari in Loon Network across commonly used conversion amounts. The list covers conversions from 1 GEL to LOON, all the way up to 100000 GEL, providing a clear view of their respective values.

LOON to GEL chart

LOON/GEL: 1 LOON = 0.0002061 GEL; 2025/04/27 07:49:15
In the past 1D, Loon Network has changed -0.67% to GEL. Based on the trend and price charts, Loon Network(LOON) has changed -0.67% to GEL while Georgian Lari(GEL) has changed % to LOON in the last 24 hours.
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LOON to GEL conversion data: Volatility and price changes of Loon Network in GEL

The highest Loon Network price in GEL over the past 7 days was 0.0002137 GEL while the lowest Loon Network price in GEL over the past 7 days was 0.0001785 GEL. The relative change between the highs and lows in Loon Network price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and LOON 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
0.0002088 GEL
0.0002137 GEL
0.0002137 GEL
0.0002738 GEL
Low
0.0002054 GEL
0.0001785 GEL
0.0001631 GEL
0.0001521 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-0.67%
+11.05%
+9.24%
-4.30%

Loon Network information

LOON to GEL market statistics

LOON/GEL:
₾0.0002061
LOON 24h volume:
₾3,220
LOON market cap:
--
LOON circulating supply:
0 LOON

Current LOON to GEL exchange rate

Loon Network to Georgian Lari is rising this week.
Loon Network's current market price is ₾0.0002061 per LOON, with a total market cap of ₾0 GEL based on a circulating supply of -- LOON. The trading volume of Loon Network has changed by -23.50% (₾-989.17 GEL) in the last 24 hours. Last trading day, LOON's trading volume was ₾4,209.17.

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

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How to convert LOON to GEL

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Convert LOON to GEL
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Bitget P2P trading does not currently support direct buying of LOON with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy LOON with USDT via Bitget spot market.
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LOON to GEL Conversion tables

The exchange rate of Loon Network is increasing.
The exchange rate of 1 LOON to Georgian Lari has changed by +11.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.67%, reaching a high of 0.0002088 GEL and a low of 0.0002054 GEL . One month ago, the value of 1 LOON was ₾0.0001887 GEL , which represents a +9.24% change from its current value. Over the last year, Loon Network has changed by
-
0.0002204GEL
, resulting in a change of -51.67% in its value.
24 hours ago1 month ago1 year ago
Amount07:49 am today24 hours ago24h change
0.5 LOON₾0.0001031₾0.0001038
-0.67%
1 LOON₾0.0002061₾0.0002075
-0.67%
5 LOON₾0.001031₾0.001038
-0.67%
10 LOON₾0.002061₾0.002075
-0.67%
50 LOON₾0.01031₾0.01038
-0.67%
100 LOON₾0.02061₾0.02075
-0.67%
500 LOON₾0.1031₾0.1038
-0.67%
1000 LOON₾0.2061₾0.2075
-0.67%

LOON to GEL FAQ

How much is 1 Loon Network in GEL?
Right now, the price of 1 Loon Network (LOON) in Georgian Lari (GEL) is ₾0.0002061.
How much LOON can I buy for 1 GEL?
Based on the current exchange rate, you can get 4,851.04 LOON for 1 GEL.
How do I calculate or convert LOON to GEL?
You can use our LOON to GEL calculator at the top of this page to convert any amount of LOON to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 24,255.19 LOON, while 5 LOON will cost around 0.001031GEL.
What is the highest price of LOON/GEL in history?
The all-time high price of 1 LOON in GEL is ₾0.2845. It remains to be seen if the value of 1 LOON/GEL will exceed the current all-time high.
What is the price trend of Loon Network in GEL?
Over the past 7 days, the exchange rate of Loon Network (LOON) has gone up by 11.05%.   Over the last month, the exchange rate of Loon Network (LOON) has gone up by 9.24% against Georgian Lari (GEL).

What factors influence the conversion rate of LOON to GEL?

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