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OFN to GEL Converter and calculator

OFN/GEL: 1 OFN = 0.1199 GEL. The price of converting 1 Openfabric AI (OFN) to Georgian Lari (GEL) is 0.1199 GEL today.
OFN
OFN
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OFN to GEL real-time exchange rates, making it easy to convert Openfabric AI (OFN) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 OFN is currently valued at 0.12 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OFN is currently valued at 0.12 GEL, which means buying 5 OFN would cost 0.60 GEL. Similarly, ₾1 GEL can be converted to 8.34 OFN, and ₾50 GEL can be converted to 41.7 OFN, excluding any platform or gas fees.

Convert OFN to GEL

Convert GEL to OFN

Openfabric AI
Georgian Lari
10000 OFN
1,199.1  GEL
In the table above, you'll find a comprehensive OFN to GEL converter that shows the value of Openfabric AI in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 OFN to GEL, all the way up to 10000 OFN, providing a clear view of their respective values.
Georgian Lari
Openfabric AI
10000 GEL
83,396.13 OFN
50000 GEL
416,980.66 OFN
100000 GEL
833,961.31 OFN
In the table above, you'll find a comprehensive GEL to OFN converter that shows the value of Georgian Lari in Openfabric AI across commonly used conversion amounts. The list covers conversions from 1 GEL to OFN, all the way up to 100000 GEL, providing a clear view of their respective values.

OFN to GEL chart

OFN/GEL: 1 OFN = 0.1199 GEL; 2025/04/27 14:25:28
In the past 1D, Openfabric AI has changed +8.44% to GEL. Based on the trend and price charts, Openfabric AI(OFN) has changed +8.44% to GEL while Georgian Lari(GEL) has changed % to OFN in the last 24 hours.
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OFN to GEL conversion data: Volatility and price changes of Openfabric AI in GEL

The highest Openfabric AI price in GEL over the past 7 days was 0.1231 GEL while the lowest Openfabric AI price in GEL over the past 7 days was 0.1022 GEL. The relative change between the highs and lows in Openfabric AI price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and OFN 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
0.1231 GEL
0.1231 GEL
0.1279 GEL
0.2705 GEL
Low
0.1095 GEL
0.1022 GEL
0.09232 GEL
0.07920 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+8.44%
+12.82%
-5.87%
-47.97%

Openfabric AI information

OFN to GEL market statistics

OFN/GEL:
₾0.1199
OFN 24h volume:
₾566,308.95
OFN market cap:
₾17,984,257.36
OFN circulating supply:
149.98M OFN

Current OFN to GEL exchange rate

Openfabric AI to Georgian Lari is rising this week.
Openfabric AI's current market price is ₾0.1199 per OFN, with a total market cap of ₾17,984,257.36 GEL based on a circulating supply of 149,981,760 OFN. The trading volume of Openfabric AI has changed by +56.25% (₾203,860.09 GEL) in the last 24 hours. Last trading day, OFN's trading volume was ₾362,448.86.

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

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How to convert OFN to GEL

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OFN to GEL Conversion tables

The exchange rate of Openfabric AI is decreasing.
The exchange rate of 1 OFN to Georgian Lari has changed by +12.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.44%, reaching a high of 0.1231 GEL and a low of 0.1095 GEL . One month ago, the value of 1 OFN was ₾0.1274 GEL , which represents a -5.87% change from its current value. Over the last year, Openfabric AI has changed by
-
1.35GEL
, resulting in a change of -91.80% in its value.
24 hours ago1 month ago1 year ago
Amount14:25 today24 hours ago24h change
0.5 OFN₾0.05995₾0.05527
+8.44%
1 OFN₾0.1199₾0.1105
+8.44%
5 OFN₾0.5995₾0.5527
+8.44%
10 OFN₾1.2₾1.11
+8.44%
50 OFN₾6₾5.53
+8.44%
100 OFN₾11.99₾11.05
+8.44%
500 OFN₾59.95₾55.27
+8.44%
1000 OFN₾119.91₾110.54
+8.44%

OFN to GEL FAQ

How much is 1 Openfabric AI in GEL?
Right now, the price of 1 Openfabric AI (OFN) in Georgian Lari (GEL) is ₾0.1199.
How much OFN can I buy for 1 GEL?
Based on the current exchange rate, you can get 8.34 OFN for 1 GEL.
How do I calculate or convert OFN to GEL?
You can use our OFN to GEL calculator at the top of this page to convert any amount of OFN to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 41.7 OFN, while 5 OFN will cost around 0.5995GEL.
What is the highest price of OFN/GEL in history?
The all-time high price of 1 OFN in GEL is ₾2.49. It remains to be seen if the value of 1 OFN/GEL will exceed the current all-time high.
What is the price trend of Openfabric AI in GEL?
Over the past 7 days, the exchange rate of Openfabric AI (OFN) has gone up by 12.82%.   Over the last month, the exchange rate of Openfabric AI (OFN) has gone down by 5.87% against Georgian Lari (GEL).

What factors influence the conversion rate of OFN to GEL?

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