Bitget converter provides FURM to GEL real-time exchange rates, making it easy to convert Furmula (FURM) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 FURM is currently valued at 0.006178 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FURM is currently valued at 0.006178 GEL, which means buying 5 FURM would cost 0.03089 GEL. Similarly, ₾1 GEL can be converted to 161.86 FURM, and ₾50 GEL can be converted to 809.32 FURM, excluding any platform or gas fees.
Conversion rates
Convert FURM to GEL
Convert GEL to FURM
Furmula
Georgian Lari
1 FURM
0.006178 GEL
Exchange 1 FURM for 0.006178 GEL
2 FURM
0.01236 GEL
Exchange 2 FURM for 0.01236 GEL
5 FURM
0.03089 GEL
Exchange 5 FURM for 0.03089 GEL
10 FURM
0.06178 GEL
Exchange 10 FURM for 0.06178 GEL
20 FURM
0.1236 GEL
Exchange 20 FURM for 0.1236 GEL
50 FURM
0.3089 GEL
Exchange 50 FURM for 0.3089 GEL
100 FURM
0.6178 GEL
Exchange 100 FURM for 0.6178 GEL
200 FURM
1.24 GEL
Exchange 200 FURM for 1.24 GEL
500 FURM
3.09 GEL
Exchange 500 FURM for 3.09 GEL
1000 FURM
6.18 GEL
Exchange 1000 FURM for 6.18 GEL
5000 FURM
30.89 GEL
Exchange 5000 FURM for 30.89 GEL
10000 FURM
61.78 GEL
Exchange 10000 FURM for 61.78 GEL
In the table above, you'll find a comprehensive FURM to GEL converter that shows the value of Furmula in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 FURM to GEL, all the way up to 10000 FURM, providing a clear view of their respective values.
Georgian Lari
Furmula
1 GEL
161.86 FURM
Exchange 1 GEL for 161.86 FURM
10 GEL
1,618.64 FURM
Exchange 10 GEL for 1,618.64 FURM
50 GEL
8,093.21 FURM
Exchange 50 GEL for 8,093.21 FURM
100 GEL
16,186.42 FURM
Exchange 100 GEL for 16,186.42 FURM
200 GEL
32,372.85 FURM
Exchange 200 GEL for 32,372.85 FURM
500 GEL
80,932.12 FURM
Exchange 500 GEL for 80,932.12 FURM
1000 GEL
161,864.25 FURM
Exchange 1000 GEL for 161,864.25 FURM
2000 GEL
323,728.49 FURM
Exchange 2000 GEL for 323,728.49 FURM
5000 GEL
809,321.23 FURM
Exchange 5000 GEL for 809,321.23 FURM
10000 GEL
1,618,642.46 FURM
Exchange 10000 GEL for 1,618,642.46 FURM
50000 GEL
8,093,212.3 FURM
Exchange 50000 GEL for 8,093,212.3 FURM
100000 GEL
16,186,424.59 FURM
Exchange 100000 GEL for 16,186,424.59 FURM
In the table above, you'll find a comprehensive GEL to FURM converter that shows the value of Georgian Lari in Furmula across commonly used conversion amounts. The list covers conversions from 1 GEL to FURM, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Furmula has changed +0.58% to GEL. Based on the trend and price charts, Furmula(FURM) has changed +0.58% to GEL while Georgian Lari(GEL) has changed % to FURM in the last 24 hours.
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FURM to GEL conversion data: Volatility and price changes of Furmula in GEL
The highest Furmula price in GEL over the past 7 days was 0.006763 GEL while the lowest Furmula price in GEL over the past 7 days was 0.006177 GEL. The relative change between the highs and lows in Furmula price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and FURM to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Furmula's current market price is ₾0.006178 per FURM, with a total market cap of ₾0 GEL based on a circulating supply of -- FURM. The trading volume of Furmula has changed by -59.98% (₾-529,129.65 GEL) in the last 24 hours. Last trading day, FURM's trading volume was ₾882,203.28.
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 Furmula currency pair is the FURM to GEL, with for Furmula's currency code being FURM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 FURM to Georgian Lari has changed by -0.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.58%, reaching a high of 0.006295 GEL and a low of 0.006177 GEL . One month ago, the value of 1 FURM was ₾0.007188 GEL , which represents a -13.89% change from its current value. Over the last year, Furmula has changed by
+₾
0.006257GEL
, resulting in a change of -17.52% in its value.
24 hours ago1 month ago1 year ago
Amount
12:07 today
24 hours ago
24h change
0.5 FURM
₾0.003089
₾0.003071
+0.58%
1 FURM
₾0.006178
₾0.006142
+0.58%
5 FURM
₾0.03089
₾0.03071
+0.58%
10 FURM
₾0.06178
₾0.06142
+0.58%
50 FURM
₾0.3089
₾0.3071
+0.58%
100 FURM
₾0.6178
₾0.6142
+0.58%
500 FURM
₾3.09
₾3.07
+0.58%
1000 FURM
₾6.18
₾6.14
+0.58%
FURM to GEL FAQ
How much is 1 Furmula in GEL?
Right now, the price of 1 Furmula (FURM) in Georgian Lari (GEL) is ₾0.006178.
How much FURM can I buy for 1 GEL?
Based on the current exchange rate, you can get 161.86 FURM for 1 GEL.
How do I calculate or convert FURM to GEL?
You can use our FURM to GEL calculator at the top of this page to convert any amount of FURM to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 809.32 FURM, while 5 FURM will cost around 0.03089GEL.
What is the highest price of FURM/GEL in history?
The all-time high price of 1 FURM in GEL is ₾0.1380. It remains to be seen if the value of 1 FURM/GEL will exceed the current all-time high.
What is the price trend of Furmula in GEL?
Over the past 7 days, the exchange rate of Furmula (FURM) has gone down by 0.26%.
Over the last month, the exchange rate of Furmula (FURM) has gone down by 13.89% against Georgian Lari (GEL).
What factors influence the conversion rate of FURM to GEL?
There are many factors that affect the relationship between Furmula 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 FURM/GEL. When there is positive news in the market about the widespread adoption of FURM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FURM/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FURM/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 FURM/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 Furmula and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Furmula currency pairs: FURM to US Dollar (USD), FURM to Euro (EUR), FURM to Pound Sterling (GBP), FURM to Canadian Dollar (CAD), FURM to Indian Rupee (INR), FURM to Pakistani Rupee (PKR), FURM to Brazilian Real (BRL), FURM to… The price of Furmula in the US is $0.002288 USD. Additionally, Furmula’s price is €0.001932 EUR in the eurozone, £0.001676 GBP in the UK, C$0.003147 CAD in Canada, ₹0.2010 INR in India, ₨0.6465 PKR in Pakistan, R$0.01212 BRL in Brazil, and more. The most popular Furmula currency pair is the FURM to Georgian Lari(GEL). The price of 1 Furmula (FURM) in Georgian Lari (GEL) is ₾0.006178.
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.