CMCX to GEL Converter and calculator


Conversion rates
Convert CMCX to GEL
Convert GEL to CMCX
CMCX to GEL chart
CMCX to GEL conversion data: Volatility and price changes of Catena in GEL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{4}5425 GEL | 0.{4}5426 GEL | 0.{4}5426 GEL | 0.001614 GEL |
Low | 0.{4}5420 GEL | 0.{4}4406 GEL | 0.{4}2736 GEL | 0.{4}1751 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | -0.01% | +0.56% | +0.58% | -7.43% |
Catena information
CMCX to GEL market statistics
Current CMCX to GEL exchange rate
Catena to Georgian Lari is rising this week.More info about Catena 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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CMCX to GEL Conversion tables
Amount | 13:20 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CMCX | ₾0.{4}2712 | ₾0.{4}2712 | -0.01% |
1 CMCX | ₾0.{4}5423 | ₾0.{4}5424 | -0.01% |
5 CMCX | ₾0.0002712 | ₾0.0002712 | -0.01% |
10 CMCX | ₾0.0005423 | ₾0.0005424 | -0.01% |
50 CMCX | ₾0.002712 | ₾0.002712 | -0.01% |
100 CMCX | ₾0.005423 | ₾0.005424 | -0.01% |
500 CMCX | ₾0.02712 | ₾0.02712 | -0.01% |
1000 CMCX | ₾0.05423 | ₾0.05424 | -0.01% |
CMCX to GEL FAQ
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