ORBIT to GEL Converter and calculator


Conversion rates
Convert ORBIT to GEL
Convert GEL to ORBIT
ORBIT to GEL chart
ORBIT to GEL conversion data: Volatility and price changes of Orbit Protocol in GEL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.002420 GEL | 0.002702 GEL | 0.003021 GEL | 0.003881 GEL |
Low | 0.002318 GEL | 0.002297 GEL | 0.002297 GEL | 0.001861 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | +1.21% | -10.99% | -20.21% | -39.09% |
Orbit Protocol information
ORBIT to GEL market statistics
Current ORBIT to GEL exchange rate
Orbit Protocol to Georgian Lari is falling this week.More info about Orbit Protocol 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.
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ORBIT to GEL Conversion tables
Amount | 01:39 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ORBIT | ₾0.001147 | ₾0.001133 | +1.21% |
1 ORBIT | ₾0.002294 | ₾0.002265 | +1.21% |
5 ORBIT | ₾0.01147 | ₾0.01133 | +1.21% |
10 ORBIT | ₾0.02294 | ₾0.02265 | +1.21% |
50 ORBIT | ₾0.1147 | ₾0.1133 | +1.21% |
100 ORBIT | ₾0.2294 | ₾0.2265 | +1.21% |
500 ORBIT | ₾1.15 | ₾1.13 | +1.21% |
1000 ORBIT | ₾2.29 | ₾2.27 | +1.21% |
ORBIT to GEL FAQ
What factors influence the conversion rate of ORBIT to GEL?
Popular exchange rates — Crypto-to-Fiat converter
The price of Orbit Protocol in the US is $0.0008432 USD. Additionally, Orbit Protocol’s price is €0.0007344 EUR in the eurozone, £0.0006278 GBP in the UK, C$0.001153 CAD in Canada, ₹0.07282 INR in India, ₨0.2388 PKR in Pakistan, R$0.004632 BRL in Brazil, and more.
The most popular Orbit Protocol currency pair is the ORBIT to Georgian Lari(GEL). The price of 1 Orbit Protocol (ORBIT) in Georgian Lari (GEL) is ₾0.002294.
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