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MONGY to GEL Converter and calculator

MONGY/GEL: 1 MONGY = 0.0001714 GEL. The price of converting 1 Mongy (MONGY) to Georgian Lari (GEL) is 0.0001714 GEL today.
MONGY
MONGY
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MONGY to GEL real-time exchange rates, making it easy to convert Mongy (MONGY) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 MONGY is currently valued at 0.0001714 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MONGY is currently valued at 0.0001714 GEL, which means buying 5 MONGY would cost 0.0008568 GEL. Similarly, ₾1 GEL can be converted to 5,835.67 MONGY, and ₾50 GEL can be converted to 29,178.34 MONGY, excluding any platform or gas fees.

Convert MONGY to GEL

Convert GEL to MONGY

Mongy
Georgian Lari
1 MONGY
0.0001714  GEL
2 MONGY
0.0003427  GEL
5 MONGY
0.0008568  GEL
10 MONGY
0.001714  GEL
20 MONGY
0.003427  GEL
50 MONGY
0.008568  GEL
100 MONGY
0.01714  GEL
200 MONGY
0.03427  GEL
500 MONGY
0.08568  GEL
1000 MONGY
0.1714  GEL
5000 MONGY
0.8568  GEL
10000 MONGY
1.71  GEL
In the table above, you'll find a comprehensive MONGY to GEL converter that shows the value of Mongy in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 MONGY to GEL, all the way up to 10000 MONGY, providing a clear view of their respective values.
Georgian Lari
Mongy
50 GEL
291,783.38 MONGY
100 GEL
583,566.76 MONGY
200 GEL
1,167,133.52 MONGY
500 GEL
2,917,833.8 MONGY
1000 GEL
5,835,667.6 MONGY
2000 GEL
11,671,335.2 MONGY
5000 GEL
29,178,338 MONGY
10000 GEL
58,356,676 MONGY
50000 GEL
291,783,380.02 MONGY
100000 GEL
583,566,760.04 MONGY
In the table above, you'll find a comprehensive GEL to MONGY converter that shows the value of Georgian Lari in Mongy across commonly used conversion amounts. The list covers conversions from 1 GEL to MONGY, all the way up to 100000 GEL, providing a clear view of their respective values.

MONGY to GEL chart

MONGY/GEL: 1 MONGY = 0.0001714 GEL; 2025/06/22 03:51:30
In the past 1D, Mongy has changed +5.00% to GEL. Based on the trend and price charts, Mongy(MONGY) has changed +5.00% to GEL while Georgian Lari(GEL) has changed % to MONGY in the last 24 hours.
1D7D1M3M1YAll

MONGY to GEL conversion data: Volatility and price changes of Mongy in GEL

The highest Mongy price in GEL over the past 7 days was 0.0003726 GEL while the lowest Mongy price in GEL over the past 7 days was 0.0001632 GEL. The relative change between the highs and lows in Mongy price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and MONGY to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.0001768 GEL
0.0003726 GEL
0.0002040 GEL
0.001874 GEL
Low
0.0001632 GEL
0.0001632 GEL
0.0001632 GEL
0.0001632 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+5.00%
-7.35%
-16.00%
-86.76%

Mongy information

MONGY to GEL market statistics

MONGY/GEL:
₾0.0001714
MONGY 24h volume:
--
MONGY market cap:
--
MONGY circulating supply:
0 MONGY

Current MONGY to GEL exchange rate

Mongy to Georgian Lari is falling this week.
Mongy's current market price is ₾0.0001714 per MONGY, with a total market cap of ₾0 GEL based on a circulating supply of -- MONGY. The trading volume of Mongy has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, MONGY's trading volume was ₾0.

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

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How to convert MONGY to GEL

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MONGY to GEL Conversion tables

The exchange rate of Mongy is decreasing.
The exchange rate of 1 MONGY to Georgian Lari has changed by -7.35% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.00%, reaching a high of 0.0001768 GEL and a low of 0.0001632 GEL . One month ago, the value of 1 MONGY was ₾0.0002040 GEL , which represents a -16.00% change from its current value. Over the last year, Mongy has changed by
-
0.01343GEL
, resulting in a change of -98.74% in its value.
24 hours ago1 month ago1 year ago
Amount 03:51 am today 24 hours ago 24h change
0.5 MONGY
₾0.{4}8568₾0.{4}8160
+5.00%
1 MONGY
₾0.0001714₾0.0001632
+5.00%
5 MONGY
₾0.0008568₾0.0008160
+5.00%
10 MONGY
₾0.001714₾0.001632
+5.00%
50 MONGY
₾0.008568₾0.008160
+5.00%
100 MONGY
₾0.01714₾0.01632
+5.00%
500 MONGY
₾0.08568₾0.08160
+5.00%
1000 MONGY
₾0.1714₾0.1632
+5.00%

MONGY to GEL FAQ

How much is 1 Mongy in GEL?
Right now, the price of 1 Mongy (MONGY) in Georgian Lari (GEL) is ₾0.0001714.
How much MONGY can I buy for 1 GEL?
Based on the current exchange rate, you can get 5,835.67 MONGY for 1 GEL.
How do I calculate or convert MONGY to GEL?
You can use our MONGY to GEL calculator at the top of this page to convert any amount of MONGY to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 29,178.34 MONGY, while 5 MONGY will cost around 0.0008568GEL.
What is the highest price of MONGY/GEL in history?
The all-time high price of 1 MONGY in GEL is ₾0.1771. It remains to be seen if the value of 1 MONGY/GEL will exceed the current all-time high.
What is the price trend of Mongy in GEL?
Over the past 7 days, the exchange rate of Mongy (MONGY) has gone down by 7.35%.   Over the last month, the exchange rate of Mongy (MONGY) has gone down by 16.00% against Georgian Lari (GEL).

What factors influence the conversion rate of MONGY to GEL?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Mongy currency pairs: MONGY to US Dollar (USD), MONGY to Euro (EUR), MONGY to Pound Sterling (GBP), MONGY to Canadian Dollar (CAD), MONGY to Indian Rupee (INR), MONGY to Pakistani Rupee (PKR), MONGY to Brazilian Real (BRL), MONGY to…
The price of Mongy in the US is $0.{4}6300 USD. Additionally, Mongy’s price is €0.{4}5467 EUR in the eurozone, £0.{4}4682 GBP in the UK, C$0.{4}8651 CAD in Canada, ₹0.005456 INR in India, ₨0.01789 PKR in Pakistan, R$0.0003473 BRL in Brazil, and more.
The most popular Mongy currency pair is the MONGY to Georgian Lari(GEL). The price of 1 Mongy (MONGY) in Georgian Lari (GEL) is ₾0.0001714.

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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.