Bitget converter provides FRIEND to GEL real-time exchange rates, making it easy to convert Friend.tech (FRIEND) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 FRIEND is currently valued at 0.1949 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FRIEND is currently valued at 0.1949 GEL, which means buying 5 FRIEND would cost 0.9747 GEL. Similarly, ₾1 GEL can be converted to 5.13 FRIEND, and ₾50 GEL can be converted to 25.65 FRIEND, excluding any platform or gas fees.
Conversion rates
Convert FRIEND to GEL
Convert GEL to FRIEND
Friend.tech
Georgian Lari
1 FRIEND
0.1949 GEL
Exchange 1 FRIEND for 0.1949 GEL
2 FRIEND
0.3899 GEL
Exchange 2 FRIEND for 0.3899 GEL
5 FRIEND
0.9747 GEL
Exchange 5 FRIEND for 0.9747 GEL
10 FRIEND
1.95 GEL
Exchange 10 FRIEND for 1.95 GEL
20 FRIEND
3.9 GEL
Exchange 20 FRIEND for 3.9 GEL
50 FRIEND
9.75 GEL
Exchange 50 FRIEND for 9.75 GEL
100 FRIEND
19.49 GEL
Exchange 100 FRIEND for 19.49 GEL
200 FRIEND
38.99 GEL
Exchange 200 FRIEND for 38.99 GEL
500 FRIEND
97.47 GEL
Exchange 500 FRIEND for 97.47 GEL
1000 FRIEND
194.94 GEL
Exchange 1000 FRIEND for 194.94 GEL
5000 FRIEND
974.72 GEL
Exchange 5000 FRIEND for 974.72 GEL
10000 FRIEND
1,949.43 GEL
Exchange 10000 FRIEND for 1,949.43 GEL
In the table above, you'll find a comprehensive FRIEND to GEL converter that shows the value of Friend.tech in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 FRIEND to GEL, all the way up to 10000 FRIEND, providing a clear view of their respective values.
Georgian Lari
Friend.tech
1 GEL
5.13 FRIEND
Exchange 1 GEL for 5.13 FRIEND
10 GEL
51.3 FRIEND
Exchange 10 GEL for 51.3 FRIEND
50 GEL
256.49 FRIEND
Exchange 50 GEL for 256.49 FRIEND
100 GEL
512.97 FRIEND
Exchange 100 GEL for 512.97 FRIEND
200 GEL
1,025.94 FRIEND
Exchange 200 GEL for 1,025.94 FRIEND
500 GEL
2,564.85 FRIEND
Exchange 500 GEL for 2,564.85 FRIEND
1000 GEL
5,129.7 FRIEND
Exchange 1000 GEL for 5,129.7 FRIEND
2000 GEL
10,259.41 FRIEND
Exchange 2000 GEL for 10,259.41 FRIEND
5000 GEL
25,648.52 FRIEND
Exchange 5000 GEL for 25,648.52 FRIEND
10000 GEL
51,297.04 FRIEND
Exchange 10000 GEL for 51,297.04 FRIEND
50000 GEL
256,485.18 FRIEND
Exchange 50000 GEL for 256,485.18 FRIEND
100000 GEL
512,970.36 FRIEND
Exchange 100000 GEL for 512,970.36 FRIEND
In the table above, you'll find a comprehensive GEL to FRIEND converter that shows the value of Georgian Lari in Friend.tech across commonly used conversion amounts. The list covers conversions from 1 GEL to FRIEND, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Friend.tech has changed +12.47% to GEL. Based on the trend and price charts, Friend.tech(FRIEND) has changed +12.47% to GEL while Georgian Lari(GEL) has changed % to FRIEND in the last 24 hours.
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FRIEND to GEL conversion data: Volatility and price changes of Friend.tech in GEL
The highest Friend.tech price in GEL over the past 7 days was 0.3882 GEL while the lowest Friend.tech price in GEL over the past 7 days was 0.2087 GEL. The relative change between the highs and lows in Friend.tech price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and FRIEND 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
0.2716 GEL
0.3882 GEL
0.3882 GEL
0.6660 GEL
Low
0.2088 GEL
0.2087 GEL
0.1472 GEL
0.05278 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+12.47%
+11.70%
+42.39%
+240.00%
Buy
Sell
Buy FRIEND (or USDT) for GEL (Georgian Lari) offers
Friend.tech's current market price is ₾0.1949 per FRIEND, with a total market cap of ₾0 GEL based on a circulating supply of -- FRIEND. The trading volume of Friend.tech has changed by +25.33% (₾43,947.92 GEL) in the last 24 hours. Last trading day, FRIEND's trading volume was ₾173,522.
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 Friend.tech currency pair is the FRIEND to GEL, with for Friend.tech's currency code being FRIEND. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 FRIEND to Georgian Lari has changed by +11.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.47%, reaching a high of 0.2716 GEL and a low of 0.2088 GEL . One month ago, the value of 1 FRIEND was ₾0.1162 GEL , which represents a +42.39% change from its current value. Over the last year, Friend.tech has changed by
-₾
1.24GEL
, resulting in a change of -82.41% in its value.
24 hours ago1 month ago1 year ago
Amount
16:22 today
24 hours ago
24h change
0.5 FRIEND
₾0.09747
₾0.08280
+12.47%
1 FRIEND
₾0.1949
₾0.1656
+12.47%
5 FRIEND
₾0.9747
₾0.8280
+12.47%
10 FRIEND
₾1.95
₾1.66
+12.47%
50 FRIEND
₾9.75
₾8.28
+12.47%
100 FRIEND
₾19.49
₾16.56
+12.47%
500 FRIEND
₾97.47
₾82.8
+12.47%
1000 FRIEND
₾194.94
₾165.6
+12.47%
FRIEND to GEL FAQ
How much is 1 Friend.tech in GEL?
Right now, the price of 1 Friend.tech (FRIEND) in Georgian Lari (GEL) is ₾0.1949.
How much FRIEND can I buy for 1 GEL?
Based on the current exchange rate, you can get 5.13 FRIEND for 1 GEL.
How do I calculate or convert FRIEND to GEL?
You can use our FRIEND to GEL calculator at the top of this page to convert any amount of FRIEND to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 25.65 FRIEND, while 5 FRIEND will cost around 0.9747GEL.
What is the highest price of FRIEND/GEL in history?
The all-time high price of 1 FRIEND in GEL is ₾8.52. It remains to be seen if the value of 1 FRIEND/GEL will exceed the current all-time high.
What is the price trend of Friend.tech in GEL?
Over the past 7 days, the exchange rate of Friend.tech (FRIEND) has gone up by 11.70%.
Over the last month, the exchange rate of Friend.tech (FRIEND) has gone up by 42.39% against Georgian Lari (GEL).
What factors influence the conversion rate of FRIEND to GEL?
There are many factors that affect the relationship between Friend.tech 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 FRIEND/GEL. When there is positive news in the market about the widespread adoption of FRIEND or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FRIEND/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FRIEND/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 FRIEND/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 Friend.tech and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Friend.tech currency pairs: FRIEND to US Dollar (USD), FRIEND to Euro (EUR), FRIEND to Pound Sterling (GBP), FRIEND to Canadian Dollar (CAD), FRIEND to Indian Rupee (INR), FRIEND to Pakistani Rupee (PKR), FRIEND to Brazilian Real (BRL), FRIEND to… The price of Friend.tech in the US is $0.07193 USD. Additionally, Friend.tech’s price is €0.06141 EUR in the eurozone, £0.05326 GBP in the UK, C$0.09841 CAD in Canada, ₹6.2 INR in India, ₨20.47 PKR in Pakistan, R$0.3994 BRL in Brazil, and more. The most popular Friend.tech currency pair is the FRIEND to Georgian Lari(GEL). The price of 1 Friend.tech (FRIEND) in Georgian Lari (GEL) is ₾0.1949.
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.