CETES to GEL Converter and calculator
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Conversion rates
Convert CETES to GEL
Convert GEL to CETES
CETES to GEL chart
CETES to GEL conversion data: Volatility and price changes of CETES tokenized stablebonds (Etherfuse) in GEL
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.1668 GEL | 0.1668 GEL | 0.1670 GEL | 0.1670 GEL |
Low | 0.1662 GEL | 0.1652 GEL | 0.1552 GEL | 0.1552 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | +0.36% | +0.39% | +7.48% | +9.33% |
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CETES tokenized stablebonds (Etherfuse) information
CETES to GEL market statistics
Current CETES to GEL exchange rate
CETES tokenized stablebonds (Etherfuse) to Georgian Lari is rising this week.More info about CETES tokenized stablebonds (Etherfuse) 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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CETES to GEL Conversion tables
| Amount | 08:16 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 CETES | ₾0.08340 | ₾0.08310 | +0.36% |
1 CETES | ₾0.1668 | ₾0.1662 | +0.36% |
5 CETES | ₾0.8340 | ₾0.8310 | +0.36% |
10 CETES | ₾1.67 | ₾1.66 | +0.36% |
50 CETES | ₾8.34 | ₾8.31 | +0.36% |
100 CETES | ₾16.68 | ₾16.62 | +0.36% |
500 CETES | ₾83.4 | ₾83.1 | +0.36% |
1000 CETES | ₾166.8 | ₾166.2 | +0.36% |
CETES to GEL FAQ
What factors influence the conversion rate of CETES to GEL?
Popular exchange rates — Crypto-to-Fiat converter
The price of CETES tokenized stablebonds (Etherfuse) in the US is $0.06178 USD. Additionally, CETES tokenized stablebonds (Etherfuse)’s price is €0.05332 EUR in the eurozone, £0.04674 GBP in the UK, C$0.08672 CAD in Canada, ₹5.53 INR in India, ₨17.46 PKR in Pakistan, R$0.3312 BRL in Brazil, and more.
The most popular CETES tokenized stablebonds (Etherfuse) currency pair is the CETES to Georgian Lari(GEL). The price of 1 CETES tokenized stablebonds (Etherfuse) (CETES) in Georgian Lari (GEL) is ₾0.1668.
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