老子 to GEL Converter and calculator

Conversion rates
Convert 老子 to GEL
Convert GEL to 老子
老子 to GEL chart
老子 to GEL conversion data: Volatility and price changes of 老子 in GEL
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.03993 GEL | 0.04372 GEL | 0.04372 GEL | 0.04372 GEL |
Low | 0.02534 GEL | 0.0002137 GEL | 0.0002137 GEL | 0.0002137 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | +6.64% | -16.07% | -11.26% | +1.95% |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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老子 information
老子 to GEL market statistics
Current 老子 to GEL exchange rate
老子 to Georgian Lari is rising this week.More info about 老子 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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老子 to GEL Conversion tables
| Amount | 03:19 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 老子 | ₾0.01934 | ₾0.01820 | +6.64% |
1 老子 | ₾0.03867 | ₾0.03641 | +6.64% |
5 老子 | ₾0.1934 | ₾0.1820 | +6.64% |
10 老子 | ₾0.3867 | ₾0.3641 | +6.64% |
50 老子 | ₾1.93 | ₾1.82 | +6.64% |
100 老子 |