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BTEX to GEL Converter and calculator

BTEX/GEL: 1 BTEX = 0.007631 GEL. The price of converting 1 BTEX (BTEX) to Georgian Lari (GEL) is 0.007631 GEL today.
BTEX
BTEX
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BTEX to GEL real-time exchange rates, making it easy to convert BTEX (BTEX) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 BTEX is currently valued at 0.01 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BTEX is currently valued at 0.01 GEL, which means buying 5 BTEX would cost 0.04 GEL. Similarly, ₾1 GEL can be converted to 131.04 BTEX, and ₾50 GEL can be converted to 655.22 BTEX, excluding any platform or gas fees.

Convert BTEX to GEL

Convert GEL to BTEX

BTEX
Georgian Lari
10000 BTEX
76.31  GEL
In the table above, you'll find a comprehensive BTEX to GEL converter that shows the value of BTEX in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 BTEX to GEL, all the way up to 10000 BTEX, providing a clear view of their respective values.
Georgian Lari
BTEX
1000 GEL
131,043.95 BTEX
2000 GEL
262,087.89 BTEX
5000 GEL
655,219.73 BTEX
10000 GEL
1,310,439.47 BTEX
50000 GEL
6,552,197.33 BTEX
100000 GEL
13,104,394.66 BTEX
In the table above, you'll find a comprehensive GEL to BTEX converter that shows the value of Georgian Lari in BTEX across commonly used conversion amounts. The list covers conversions from 1 GEL to BTEX, all the way up to 100000 GEL, providing a clear view of their respective values.

BTEX to GEL chart

BTEX/GEL: 1 BTEX = 0.007631 GEL; 2025/05/07 09:01:01
In the past 1D, BTEX has changed -33.32% to GEL. Based on the trend and price charts, BTEX(BTEX) has changed -33.32% to GEL while Georgian Lari(GEL) has changed % to BTEX in the last 24 hours.
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BTEX to GEL conversion data: Volatility and price changes of BTEX in GEL

The highest BTEX price in GEL over the past 7 days was 0.01427 GEL while the lowest BTEX price in GEL over the past 7 days was 0.003678 GEL. The relative change between the highs and lows in BTEX price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and BTEX 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
0.01427 GEL
0.01427 GEL
0.01427 GEL
0.2801 GEL
Low
0.003678 GEL
0.003678 GEL
0.003678 GEL
0.003678 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-33.32%
-29.81%
-36.53%
-38.91%

BTEX information

BTEX to GEL market statistics

BTEX/GEL:
₾0.007631
BTEX 24h volume:
--
BTEX market cap:
--
BTEX circulating supply:
0 BTEX

Current BTEX to GEL exchange rate

BTEX to Georgian Lari is falling this week.
BTEX's current market price is ₾0.007631 per BTEX, with a total market cap of ₾0 GEL based on a circulating supply of -- BTEX. The trading volume of BTEX has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, BTEX's trading volume was ₾0.

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

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How to convert BTEX to GEL

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Buy BTEX (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading does not currently support direct buying of BTEX with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy BTEX with USDT via Bitget spot market.
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BTEX to GEL Conversion tables

The exchange rate of BTEX is decreasing.
The exchange rate of 1 BTEX to Georgian Lari has changed by -29.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by -33.32%, reaching a high of 0.01427 GEL and a low of 0.003678 GEL . One month ago, the value of 1 BTEX was ₾0.01202 GEL , which represents a -36.53% change from its current value. Over the last year, BTEX has changed by
-
0.1147GEL
, resulting in a change of -93.76% in its value.
24 hours ago1 month ago1 year ago
Amount09:01 am today24 hours ago24h change
0.5 BTEX₾0.003816₾0.005722
-33.32%
1 BTEX₾0.007631₾0.01144
-33.32%
5 BTEX₾0.03816₾0.05722
-33.32%
10 BTEX₾0.07631₾0.1144
-33.32%
50 BTEX₾0.3816₾0.5722
-33.32%
100 BTEX₾0.7631₾1.14
-33.32%
500 BTEX₾3.82₾5.72
-33.32%
1000 BTEX₾7.63₾11.44
-33.32%

BTEX to GEL FAQ

How much is 1 BTEX in GEL?
Right now, the price of 1 BTEX (BTEX) in Georgian Lari (GEL) is ₾0.007631.
How much BTEX can I buy for 1 GEL?
Based on the current exchange rate, you can get 131.04 BTEX for 1 GEL.
How do I calculate or convert BTEX to GEL?
You can use our BTEX to GEL calculator at the top of this page to convert any amount of BTEX to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 655.22 BTEX, while 5 BTEX will cost around 0.03816GEL.
What is the highest price of BTEX/GEL in history?
The all-time high price of 1 BTEX in GEL is ₾1.09. It remains to be seen if the value of 1 BTEX/GEL will exceed the current all-time high.
What is the price trend of BTEX in GEL?
Over the past 7 days, the exchange rate of BTEX (BTEX) has gone down by 29.81%.   Over the last month, the exchange rate of BTEX (BTEX) has gone down by 36.53% against Georgian Lari (GEL).

What factors influence the conversion rate of BTEX to GEL?

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