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OLIVE to GEL Converter and calculator

OLIVE/GEL: 1 OLIVE = 0.002089 GEL. The price of converting 1 Olive Cash (OLIVE) to Georgian Lari (GEL) is 0.002089 GEL today.
OLIVE
OLIVE
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OLIVE to GEL real-time exchange rates, making it easy to convert Olive Cash (OLIVE) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 OLIVE is currently valued at 0.00 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OLIVE is currently valued at 0.00 GEL, which means buying 5 OLIVE would cost 0.01 GEL. Similarly, ₾1 GEL can be converted to 478.79 OLIVE, and ₾50 GEL can be converted to 2,393.96 OLIVE, excluding any platform or gas fees.

Convert OLIVE to GEL

Convert GEL to OLIVE

Olive Cash
Georgian Lari
1 OLIVE
0.002089  GEL
2 OLIVE
0.004177  GEL
10 OLIVE
0.02089  GEL
20 OLIVE
0.04177  GEL
100 OLIVE
0.2089  GEL
200 OLIVE
0.4177  GEL
5000 OLIVE
10.44  GEL
10000 OLIVE
20.89  GEL
In the table above, you'll find a comprehensive OLIVE to GEL converter that shows the value of Olive Cash in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 OLIVE to GEL, all the way up to 10000 OLIVE, providing a clear view of their respective values.
Georgian Lari
Olive Cash
100 GEL
47,879.19 OLIVE
200 GEL
95,758.39 OLIVE
500 GEL
239,395.97 OLIVE
1000 GEL
478,791.94 OLIVE
2000 GEL
957,583.89 OLIVE
5000 GEL
2,393,959.72 OLIVE
10000 GEL
4,787,919.44 OLIVE
50000 GEL
23,939,597.22 OLIVE
100000 GEL
47,879,194.43 OLIVE
In the table above, you'll find a comprehensive GEL to OLIVE converter that shows the value of Georgian Lari in Olive Cash across commonly used conversion amounts. The list covers conversions from 1 GEL to OLIVE, all the way up to 100000 GEL, providing a clear view of their respective values.

OLIVE to GEL chart

OLIVE/GEL: 1 OLIVE = 0.002089 GEL; 2025/04/29 05:30:58
In the past 1D, Olive Cash has changed +0.84% to GEL. Based on the trend and price charts, Olive Cash(OLIVE) has changed +0.84% to GEL while Georgian Lari(GEL) has changed % to OLIVE in the last 24 hours.
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OLIVE to GEL conversion data: Volatility and price changes of Olive Cash in GEL

The highest Olive Cash price in GEL over the past 7 days was 0.002557 GEL while the lowest Olive Cash price in GEL over the past 7 days was 0.001528 GEL. The relative change between the highs and lows in Olive Cash price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and OLIVE 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
0.002102 GEL
0.002557 GEL
0.005553 GEL
0.005553 GEL
Low
0.002070 GEL
0.001528 GEL
0.001004 GEL
0.0009707 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+0.84%
+1.21%
+78.65%
+62.88%

Olive Cash information

OLIVE to GEL market statistics

OLIVE/GEL:
₾0.002089
OLIVE 24h volume:
₾81.32
OLIVE market cap:
--
OLIVE circulating supply:
0 OLIVE

Current OLIVE to GEL exchange rate

Olive Cash to Georgian Lari is rising this week.
Olive Cash's current market price is ₾0.002089 per OLIVE, with a total market cap of ₾0 GEL based on a circulating supply of -- OLIVE. The trading volume of Olive Cash has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, OLIVE's trading volume was ₾81.32.

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

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How to convert OLIVE to GEL

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

The exchange rate of Olive Cash is increasing.
The exchange rate of 1 OLIVE to Georgian Lari has changed by +1.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.84%, reaching a high of 0.002102 GEL and a low of 0.002070 GEL . One month ago, the value of 1 OLIVE was ₾0.001169 GEL , which represents a +78.65% change from its current value. Over the last year, Olive Cash has changed by
-
0.0001618GEL
, resulting in a change of -7.19% in its value.
24 hours ago1 month ago1 year ago
Amount05:30 am today24 hours ago24h change
0.5 OLIVE₾0.001044₾0.001036
+0.84%
1 OLIVE₾0.002089₾0.002071
+0.84%
5 OLIVE₾0.01044₾0.01036
+0.84%
10 OLIVE₾0.02089₾0.02071
+0.84%
50 OLIVE₾0.1044₾0.1036
+0.84%
100 OLIVE₾0.2089₾0.2071
+0.84%
500 OLIVE₾1.04₾1.04
+0.84%
1000 OLIVE₾2.09₾2.07
+0.84%

OLIVE to GEL FAQ

How much is 1 Olive Cash in GEL?
Right now, the price of 1 Olive Cash (OLIVE) in Georgian Lari (GEL) is ₾0.002089.
How much OLIVE can I buy for 1 GEL?
Based on the current exchange rate, you can get 478.79 OLIVE for 1 GEL.
How do I calculate or convert OLIVE to GEL?
You can use our OLIVE to GEL calculator at the top of this page to convert any amount of OLIVE to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 2,393.96 OLIVE, while 5 OLIVE will cost around 0.01044GEL.
What is the highest price of OLIVE/GEL in history?
The all-time high price of 1 OLIVE in GEL is ₾2.58. It remains to be seen if the value of 1 OLIVE/GEL will exceed the current all-time high.
What is the price trend of Olive Cash in GEL?
Over the past 7 days, the exchange rate of Olive Cash (OLIVE) has gone up by 1.21%.   Over the last month, the exchange rate of Olive Cash (OLIVE) has gone up by 78.65% against Georgian Lari (GEL).

What factors influence the conversion rate of OLIVE to GEL?

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