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NBS to GEL Converter and calculator

NBS/GEL: 1 NBS = 0.0001651 GEL. The price of converting 1 New BitShares (NBS) to Georgian Lari (GEL) is 0.0001651 GEL today.
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NBS
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NBS to GEL real-time exchange rates, making it easy to convert New BitShares (NBS) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 NBS is currently valued at 0.00 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NBS is currently valued at 0.00 GEL, which means buying 5 NBS would cost 0.00 GEL. Similarly, ₾1 GEL can be converted to 6,056.9 NBS, and ₾50 GEL can be converted to 30,284.51 NBS, excluding any platform or gas fees.

Convert NBS to GEL

Convert GEL to NBS

New BitShares
Georgian Lari
In the table above, you'll find a comprehensive NBS to GEL converter that shows the value of New BitShares in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 NBS to GEL, all the way up to 10000 NBS, providing a clear view of their respective values.
Georgian Lari
New BitShares
200 GEL
1,211,380.58 NBS
500 GEL
3,028,451.44 NBS
1000 GEL
6,056,902.88 NBS
2000 GEL
12,113,805.76 NBS
5000 GEL
30,284,514.41 NBS
10000 GEL
60,569,028.81 NBS
50000 GEL
302,845,144.06 NBS
100000 GEL
605,690,288.12 NBS
In the table above, you'll find a comprehensive GEL to NBS converter that shows the value of Georgian Lari in New BitShares across commonly used conversion amounts. The list covers conversions from 1 GEL to NBS, all the way up to 100000 GEL, providing a clear view of their respective values.

NBS to GEL chart

NBS/GEL: 1 NBS = 0.0001651 GEL; 2025/04/27 18:55:15
In the past 1D, New BitShares has changed +14.00% to GEL. Based on the trend and price charts, New BitShares(NBS) has changed +14.00% to GEL while Georgian Lari(GEL) has changed % to NBS in the last 24 hours.
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NBS to GEL conversion data: Volatility and price changes of New BitShares in GEL

The highest New BitShares price in GEL over the past 7 days was 0.0002534 GEL while the lowest New BitShares price in GEL over the past 7 days was 0.{4}7998 GEL. The relative change between the highs and lows in New BitShares price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and NBS 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
0.0002197 GEL
0.0002534 GEL
0.0002534 GEL
0.0002534 GEL
Low
0.0001069 GEL
0.{4}7998 GEL
0.{4}7998 GEL
0.{4}7998 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+14.00%
+115.83%
+114.92%
-11.73%

New BitShares information

NBS to GEL market statistics

NBS/GEL:
₾0.0001651
NBS 24h volume:
₾92,047.87
NBS market cap:
₾430,528.7
NBS circulating supply:
2.61B NBS

Current NBS to GEL exchange rate

New BitShares to Georgian Lari is rising this week.
New BitShares's current market price is ₾0.0001651 per NBS, with a total market cap of ₾430,528.7 GEL based on a circulating supply of 2,607,670,500 NBS. The trading volume of New BitShares has changed by +18.01% (₾14,046.89 GEL) in the last 24 hours. Last trading day, NBS's trading volume was ₾78,000.99.

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

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How to convert NBS to GEL

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

The exchange rate of New BitShares is increasing.
The exchange rate of 1 NBS to Georgian Lari has changed by +115.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by +14.00%, reaching a high of 0.0002197 GEL and a low of 0.0001069 GEL . One month ago, the value of 1 NBS was ₾0.{4}7042 GEL , which represents a +114.92% change from its current value. Over the last year, New BitShares has changed by
-
0.0002104GEL
, resulting in a change of -54.30% in its value.
24 hours ago1 month ago1 year ago
Amount18:55 today24 hours ago24h change
0.5 NBS₾0.{4}8255₾0.{4}7168
+14.00%
1 NBS₾0.0001651₾0.0001434
+14.00%
5 NBS₾0.0008255₾0.0007168
+14.00%
10 NBS₾0.001651₾0.001434
+14.00%
50 NBS₾0.008255₾0.007168
+14.00%
100 NBS₾0.01651₾0.01434
+14.00%
500 NBS₾0.08255₾0.07168
+14.00%
1000 NBS₾0.1651₾0.1434
+14.00%

NBS to GEL FAQ

How much is 1 New BitShares in GEL?
Right now, the price of 1 New BitShares (NBS) in Georgian Lari (GEL) is ₾0.0001651.
How much NBS can I buy for 1 GEL?
Based on the current exchange rate, you can get 6,056.9 NBS for 1 GEL.
How do I calculate or convert NBS to GEL?
You can use our NBS to GEL calculator at the top of this page to convert any amount of NBS to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 30,284.51 NBS, while 5 NBS will cost around 0.0008255GEL.
What is the highest price of NBS/GEL in history?
The all-time high price of 1 NBS in GEL is ₾0.1427. It remains to be seen if the value of 1 NBS/GEL will exceed the current all-time high.
What is the price trend of New BitShares in GEL?
Over the past 7 days, the exchange rate of New BitShares (NBS) has gone up by 115.83%.   Over the last month, the exchange rate of New BitShares (NBS) has gone up by 114.92% against Georgian Lari (GEL).

What factors influence the conversion rate of NBS to GEL?

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