BLOCK to GEL Converter and calculator


Conversion rates
Convert BLOCK to GEL
Convert GEL to BLOCK
BLOCK to GEL chart
BLOCK to GEL conversion data: Volatility and price changes of Blocknet in GEL
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.05341 GEL | 0.06769 GEL | 0.1100 GEL | 0.1117 GEL |
Low | 0.04811 GEL | 0.02426 GEL | 0.02426 GEL | 0.01261 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | +6.05% | +16.58% | -17.24% | -1.59% |
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Blocknet information
BLOCK to GEL market statistics
Current BLOCK to GEL exchange rate
Blocknet to Georgian Lari is rising this week.More info about Blocknet 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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BLOCK to GEL Conversion tables
| Amount | 04:19 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 BLOCK | ₾0.02544 | ₾0.02399 | +6.05% |
1 BLOCK | ₾0.05089 | ₾0.04797 | +6.05% |
5 BLOCK | ₾0.2544 | ₾0.2399 | +6.05% |
10 BLOCK | ₾0.5089 | ₾0.4797 | +6.05% |
50 BLOCK | ₾2.54 | ₾2.4 | +6.05% |
100 BLOCK | ₾5.09 | ₾4.8 | +6.05% |
500 BLOCK | ₾25.44 | ₾23.99 | +6.05% |
1000 BLOCK | ₾50.89 | ₾47.97 | +6.05% |
BLOCK to GEL FAQ
What factors influence the conversion rate of BLOCK to GEL?
Popular exchange rates — Crypto-to-Fiat converter
The price of Blocknet in the US is $0.01888 USD. Additionally, Blocknet’s price is €0.01607 EUR in the eurozone, £0.01413 GBP in the UK, C$0.02602 CAD in Canada, ₹1.71 INR in India, ₨5.29 PKR in Pakistan, R$0.1022 BRL in Brazil, and more.
The most popular Blocknet currency pair is the BLOCK to Georgian Lari(GEL). The price of 1 Blocknet (BLOCK) in Georgian Lari (GEL) is ₾0.05089.
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