Bitget converter provides REF to GEL real-time exchange rates, making it easy to convert Ref Finance (REF) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 REF is currently valued at 0.22 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

1 REF is currently valued at 0.22 GEL, which means buying 5 REF would cost 1.10 GEL. Similarly, ₾1 GEL can be converted to 4.53 REF, and ₾50 GEL can be converted to 22.64 REF, excluding any platform or gas fees.

Convert REF to GEL

Convert GEL to REF

Ref Finance

Georgian Lari

1 REF

0.2208 GEL

Exchange 1 REF for 0.2208 GEL

2 REF

0.4416 GEL

Exchange 2 REF for 0.4416 GEL

5 REF

1.1 GEL

Exchange 5 REF for 1.1 GEL

10 REF

2.21 GEL

Exchange 10 REF for 2.21 GEL

20 REF

4.42 GEL

Exchange 20 REF for 4.42 GEL

50 REF

11.04 GEL

Exchange 50 REF for 11.04 GEL

100 REF

22.08 GEL

Exchange 100 REF for 22.08 GEL

200 REF

44.16 GEL

Exchange 200 REF for 44.16 GEL

500 REF

110.41 GEL

Exchange 500 REF for 110.41 GEL

1000 REF

220.81 GEL

Exchange 1000 REF for 220.81 GEL

5000 REF

1,104.06 GEL

Exchange 5000 REF for 1,104.06 GEL

10000 REF

2,208.13 GEL

Exchange 10000 REF for 2,208.13 GEL

In the table above, you'll find a comprehensive REF to GEL converter that shows the value of Ref Finance in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 REF to GEL, all the way up to 10000 REF, providing a clear view of their respective values.

Georgian Lari

Ref Finance

1 GEL

4.53 REF

Exchange 1 GEL for 4.53 REF

10 GEL

45.29 REF

Exchange 10 GEL for 45.29 REF

50 GEL

226.44 REF

Exchange 50 GEL for 226.44 REF

100 GEL

452.87 REF

Exchange 100 GEL for 452.87 REF

200 GEL

905.74 REF

Exchange 200 GEL for 905.74 REF

500 GEL

2,264.36 REF

Exchange 500 GEL for 2,264.36 REF

1000 GEL

4,528.72 REF

Exchange 1000 GEL for 4,528.72 REF

2000 GEL

9,057.44 REF

Exchange 2000 GEL for 9,057.44 REF

5000 GEL

22,643.6 REF

Exchange 5000 GEL for 22,643.6 REF

10000 GEL

45,287.21 REF

Exchange 10000 GEL for 45,287.21 REF

50000 GEL

226,436.04 REF

Exchange 50000 GEL for 226,436.04 REF

100000 GEL

452,872.08 REF

Exchange 100000 GEL for 452,872.08 REF

In the table above, you'll find a comprehensive GEL to REF converter that shows the value of Georgian Lari in Ref Finance across commonly used conversion amounts. The list covers conversions from 1 GEL to REF, all the way up to 100000 GEL, providing a clear view of their respective values.

REF to GEL chart

REF/GEL: 1 REF = 0.2208 GEL; 2025/04/30 11:19:29

In the past 1D, Ref Finance has changed -2.33% to GEL. Based on the trend and price charts, Ref Finance(REF) has changed -2.33% to GEL while Georgian Lari(GEL) has changed % to REF in the last 24 hours.

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REF to GEL conversion data: Volatility and price changes of Ref Finance in GEL

The highest Ref Finance price in GEL over the past 7 days was 0.2451 GEL while the lowest Ref Finance price in GEL over the past 7 days was 0.2087 GEL. The relative change between the highs and lows in Ref Finance price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and REF to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.

	Last 24 hours	Last 7 days	Last 30 days	Last 90 days
High	0.2303 GEL	0.2451 GEL	0.2451 GEL	0.4978 GEL
Low	0.2203 GEL	0.2087 GEL	0.1582 GEL	0.1582 GEL
Average	0 GEL	0 GEL	0 GEL	0 GEL
Volatility	%	%	%	%
Change	-2.33%	+0.26%	+0.58%	-52.82%

Ref Finance information

REF to GEL market statistics

REF/GEL:

₾0.2208

REF 24h volume:

₾216,942.17

REF market cap:

₾8,331,405.07

REF circulating supply:

37.73M REF

Current REF to GEL exchange rate

Ref Finance to Georgian Lari is rising this week.

Ref Finance's current market price is ₾0.2208 per REF, with a total market cap of ₾8,331,405.07 GEL based on a circulating supply of 37,730,604 REF. The trading volume of Ref Finance has changed by -3.12% (₾-6,977.10 GEL) in the last 24 hours. Last trading day, REF's trading volume was ₾223,919.27.

More info about Ref Finance on Bitget

Ref Finance price Ref Finance Price Prediction What is Ref Finance (REF)

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 Ref Finance currency pair is the REF to GEL, with for Ref Finance's currency code being REF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

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1 REF to ₩114.38 KRW

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REF to GEL Conversion tables

The exchange rate of Ref Finance is increasing.

The exchange rate of 1 REF to Georgian Lari has changed by +0.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.33%, reaching a high of 0.2303 GEL and a low of 0.2203 GEL . One month ago, the value of 1 REF was ₾0.2195 GEL , which represents a +0.58% change from its current value. Over the last year, Ref Finance has changed by

-₾

0.6844GEL

, resulting in a change of -75.61% in its value.

24 hours ago1 month ago1 year ago

Amount	11:19 am today	24 hours ago	24h change
0.5 REF	₾0.1104	₾0.1130	-2.33%
1 REF	₾0.2208	₾0.2261	-2.33%
5 REF	₾1.1	₾1.13	-2.33%
10 REF	₾2.21	₾2.26	-2.33%
50 REF	₾11.04	₾11.3	-2.33%
100 REF	₾22.08	₾22.61	-2.33%
500 REF	₾110.41	₾113.04	-2.33%
1000 REF	₾220.81	₾226.07	-2.33%

REF to GEL FAQ

How much is 1 Ref Finance in GEL?

Right now, the price of 1 Ref Finance (REF) in Georgian Lari (GEL) is ₾0.2208.

How much REF can I buy for 1 GEL?

Based on the current exchange rate, you can get 4.53 REF for 1 GEL.

How do I calculate or convert REF to GEL?

You can use our REF to GEL calculator at the top of this page to convert any amount of REF to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 22.64 REF, while 5 REF will cost around 1.1GEL.

What is the highest price of REF/GEL in history?

The all-time high price of 1 REF in GEL is ₾128.34. It remains to be seen if the value of 1 REF/GEL will exceed the current all-time high.

What is the price trend of Ref Finance in GEL?

Over the past 7 days, the exchange rate of Ref Finance (REF) has gone up by 0.26%. Over the last month, the exchange rate of Ref Finance (REF) has gone up by 0.58% against Georgian Lari (GEL).

What factors influence the conversion rate of REF to GEL?

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

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