Bitget converter provides FOLKS to GEL real-time exchange rates, making it easy to convert FolksFinance (FOLKS) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 FOLKS is currently valued at 0.{4}8264 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FOLKS is currently valued at 0.{4}8264 GEL, which means buying 5 FOLKS would cost 0.0004132 GEL. Similarly, ₾1 GEL can be converted to 12,100.89 FOLKS, and ₾50 GEL can be converted to 60,504.45 FOLKS, excluding any platform or gas fees.
Conversion rates
Convert FOLKS to GEL
Convert GEL to FOLKS
FolksFinance
Georgian Lari
1 FOLKS
0.{4}8264 GEL
Exchange 1 FOLKS for 0.{4}8264 GEL
2 FOLKS
0.0001653 GEL
Exchange 2 FOLKS for 0.0001653 GEL
5 FOLKS
0.0004132 GEL
Exchange 5 FOLKS for 0.0004132 GEL
10 FOLKS
0.0008264 GEL
Exchange 10 FOLKS for 0.0008264 GEL
20 FOLKS
0.001653 GEL
Exchange 20 FOLKS for 0.001653 GEL
50 FOLKS
0.004132 GEL
Exchange 50 FOLKS for 0.004132 GEL
100 FOLKS
0.008264 GEL
Exchange 100 FOLKS for 0.008264 GEL
200 FOLKS
0.01653 GEL
Exchange 200 FOLKS for 0.01653 GEL
500 FOLKS
0.04132 GEL
Exchange 500 FOLKS for 0.04132 GEL
1000 FOLKS
0.08264 GEL
Exchange 1000 FOLKS for 0.08264 GEL
5000 FOLKS
0.4132 GEL
Exchange 5000 FOLKS for 0.4132 GEL
10000 FOLKS
0.8264 GEL
Exchange 10000 FOLKS for 0.8264 GEL
In the table above, you'll find a comprehensive FOLKS to GEL converter that shows the value of FolksFinance in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 FOLKS to GEL, all the way up to 10000 FOLKS, providing a clear view of their respective values.
Georgian Lari
FolksFinance
1 GEL
12,100.89 FOLKS
Exchange 1 GEL for 12,100.89 FOLKS
10 GEL
121,008.91 FOLKS
Exchange 10 GEL for 121,008.91 FOLKS
50 GEL
605,044.53 FOLKS
Exchange 50 GEL for 605,044.53 FOLKS
100 GEL
1,210,089.06 FOLKS
Exchange 100 GEL for 1,210,089.06 FOLKS
200 GEL
2,420,178.12 FOLKS
Exchange 200 GEL for 2,420,178.12 FOLKS
500 GEL
6,050,445.31 FOLKS
Exchange 500 GEL for 6,050,445.31 FOLKS
1000 GEL
12,100,890.61 FOLKS
Exchange 1000 GEL for 12,100,890.61 FOLKS
2000 GEL
24,201,781.22 FOLKS
Exchange 2000 GEL for 24,201,781.22 FOLKS
5000 GEL
60,504,453.06 FOLKS
Exchange 5000 GEL for 60,504,453.06 FOLKS
10000 GEL
121,008,906.12 FOLKS
Exchange 10000 GEL for 121,008,906.12 FOLKS
50000 GEL
605,044,530.58 FOLKS
Exchange 50000 GEL for 605,044,530.58 FOLKS
100000 GEL
1,210,089,061.16 FOLKS
Exchange 100000 GEL for 1,210,089,061.16 FOLKS
In the table above, you'll find a comprehensive GEL to FOLKS converter that shows the value of Georgian Lari in FolksFinance across commonly used conversion amounts. The list covers conversions from 1 GEL to FOLKS, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, FolksFinance has changed +0.86% to GEL. Based on the trend and price charts, FolksFinance(FOLKS) has changed +0.86% to GEL while Georgian Lari(GEL) has changed % to FOLKS in the last 24 hours.
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FOLKS to GEL conversion data: Volatility and price changes of FolksFinance in GEL
The highest FolksFinance price in GEL over the past 7 days was -- GEL while the lowest FolksFinance price in GEL over the past 7 days was -- GEL. The relative change between the highs and lows in FolksFinance price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and FOLKS 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
0.0009439 GEL
-- GEL
-- GEL
-- GEL
Low
0.{5}1399 GEL
-- GEL
-- GEL
-- GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+0.86%
--
--
--
Buy
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Buy FOLKS (or USDT) for GEL (Georgian Lari) offers
FolksFinance to Georgian Lari is falling this week.
FolksFinance's current market price is ₾0.{4}8264 per FOLKS, with a total market cap of ₾826,385.44 GEL based on a circulating supply of 10,000,000,000 FOLKS. The trading volume of FolksFinance has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, FOLKS's trading volume was ₾--.
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 FolksFinance currency pair is the FOLKS to GEL, with for FolksFinance's currency code being FOLKS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 FOLKS to Georgian Lari has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.86%, reaching a high of 0.0009439 GEL and a low of 0.{5}1399 GEL . One month ago, the value of 1 FOLKS was ₾-- GEL , which represents a --% change from its current value. Over the last year, FolksFinance has changed by
-₾
--GEL
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount
22:38 today
24 hours ago
24h change
0.5 FOLKS
₾0.{4}4132
₾--
+0.86%
1 FOLKS
₾0.{4}8264
₾--
+0.86%
5 FOLKS
₾0.0004132
₾--
+0.86%
10 FOLKS
₾0.0008264
₾--
+0.86%
50 FOLKS
₾0.004132
₾--
+0.86%
100 FOLKS
₾0.008264
₾--
+0.86%
500 FOLKS
₾0.04132
₾--
+0.86%
1000 FOLKS
₾0.08264
₾--
+0.86%
FOLKS to GEL FAQ
How much is 1 FolksFinance in GEL?
Right now, the price of 1 FolksFinance (FOLKS) in Georgian Lari (GEL) is ₾0.{4}8264.
How much FOLKS can I buy for 1 GEL?
Based on the current exchange rate, you can get 12,100.89 FOLKS for 1 GEL.
How do I calculate or convert FOLKS to GEL?
You can use our FOLKS to GEL calculator at the top of this page to convert any amount of FOLKS to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 60,504.45 FOLKS, while 5 FOLKS will cost around 0.0004132GEL.
What is the highest price of FOLKS/GEL in history?
The all-time high price of 1 FOLKS in GEL is --. It remains to be seen if the value of 1 FOLKS/GEL will exceed the current all-time high.
What is the price trend of FolksFinance in GEL?
Over the past 7 days, the exchange rate of FolksFinance (FOLKS) has gone down by --.
Over the last month, the exchange rate of FolksFinance (FOLKS) has gone down by -- against Georgian Lari (GEL).
What factors influence the conversion rate of FOLKS to GEL?
There are many factors that affect the relationship between FolksFinance 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 FOLKS/GEL. When there is positive news in the market about the widespread adoption of FOLKS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FOLKS/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FOLKS/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 FOLKS/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 FolksFinance and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular FolksFinance currency pairs: FOLKS to US Dollar (USD), FOLKS to Euro (EUR), FOLKS to Pound Sterling (GBP), FOLKS to Canadian Dollar (CAD), FOLKS to Indian Rupee (INR), FOLKS to Pakistani Rupee (PKR), FOLKS to Brazilian Real (BRL), FOLKS to… The price of FolksFinance in the US is $0.{4}3044 USD. Additionally, FolksFinance’s price is €0.{4}2635 EUR in the eurozone, £0.{4}2316 GBP in the UK, C$0.{4}4293 CAD in Canada, ₹0.002698 INR in India, ₨0.008604 PKR in Pakistan, R$0.0001628 BRL in Brazil, and more. The most popular FolksFinance currency pair is the FOLKS to Georgian Lari(GEL). The price of 1 FolksFinance (FOLKS) in Georgian Lari (GEL) is ₾0.{4}8264.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.