WMX to GEL Converter and calculator


Conversion rates
Convert WMX to GEL
Convert GEL to WMX
WMX to GEL chart
WMX to GEL conversion data: Volatility and price changes of Wombex Finance in GEL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0003293 GEL | 0.0003461 GEL | 0.0003897 GEL | 0.0008089 GEL |
Low | 0.0003244 GEL | 0.0001931 GEL | 0.0001683 GEL | 0.0001683 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | +1.51% | +70.51% | +79.87% | -17.74% |
Wombex Finance information
WMX to GEL market statistics
Current WMX to GEL exchange rate
Wombex Finance to Georgian Lari is rising this week.More info about Wombex Finance 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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WMX to GEL Conversion tables
Amount | 14:45 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 WMX | ₾0 | ₾-0.{5}2453 | +1.51% |
1 WMX | ₾0 | ₾-0.{5}4905 | +1.51% |
5 WMX | ₾0 | ₾-0.{4}2453 | +1.51% |
10 WMX | ₾0 | ₾-0.{4}4905 | +1.51% |
50 WMX | ₾0 | ₾-0.0002453 | +1.51% |
100 WMX | ₾0 | ₾-0.0004905 | +1.51% |
500 WMX | ₾0 | ₾-0.002453 | +1.51% |
1000 WMX | ₾0 | ₾-0.004905 | +1.51% |
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