Bitget converter provides LBK to GEL real-time exchange rates, making it easy to convert LBK (LBK) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 LBK is currently valued at 0.02922 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LBK is currently valued at 0.02922 GEL, which means buying 5 LBK would cost 0.1461 GEL. Similarly, ₾1 GEL can be converted to 34.23 LBK, and ₾50 GEL can be converted to 171.13 LBK, excluding any platform or gas fees.
Conversion rates
Convert LBK to GEL
Convert GEL to LBK
LBK
Georgian Lari
1 LBK
0.02922 GEL
Exchange 1 LBK for 0.02922 GEL
2 LBK
0.05844 GEL
Exchange 2 LBK for 0.05844 GEL
5 LBK
0.1461 GEL
Exchange 5 LBK for 0.1461 GEL
10 LBK
0.2922 GEL
Exchange 10 LBK for 0.2922 GEL
20 LBK
0.5844 GEL
Exchange 20 LBK for 0.5844 GEL
50 LBK
1.46 GEL
Exchange 50 LBK for 1.46 GEL
100 LBK
2.92 GEL
Exchange 100 LBK for 2.92 GEL
200 LBK
5.84 GEL
Exchange 200 LBK for 5.84 GEL
500 LBK
14.61 GEL
Exchange 500 LBK for 14.61 GEL
1000 LBK
29.22 GEL
Exchange 1000 LBK for 29.22 GEL
5000 LBK
146.09 GEL
Exchange 5000 LBK for 146.09 GEL
10000 LBK
292.18 GEL
Exchange 10000 LBK for 292.18 GEL
In the table above, you'll find a comprehensive LBK to GEL converter that shows the value of LBK in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 LBK to GEL, all the way up to 10000 LBK, providing a clear view of their respective values.
Georgian Lari
LBK
1 GEL
34.23 LBK
Exchange 1 GEL for 34.23 LBK
10 GEL
342.26 LBK
Exchange 10 GEL for 342.26 LBK
50 GEL
1,711.28 LBK
Exchange 50 GEL for 1,711.28 LBK
100 GEL
3,422.57 LBK
Exchange 100 GEL for 3,422.57 LBK
200 GEL
6,845.13 LBK
Exchange 200 GEL for 6,845.13 LBK
500 GEL
17,112.83 LBK
Exchange 500 GEL for 17,112.83 LBK
1000 GEL
34,225.67 LBK
Exchange 1000 GEL for 34,225.67 LBK
2000 GEL
68,451.33 LBK
Exchange 2000 GEL for 68,451.33 LBK
5000 GEL
171,128.34 LBK
Exchange 5000 GEL for 171,128.34 LBK
10000 GEL
342,256.67 LBK
Exchange 10000 GEL for 342,256.67 LBK
50000 GEL
1,711,283.37 LBK
Exchange 50000 GEL for 1,711,283.37 LBK
100000 GEL
3,422,566.73 LBK
Exchange 100000 GEL for 3,422,566.73 LBK
In the table above, you'll find a comprehensive GEL to LBK converter that shows the value of Georgian Lari in LBK across commonly used conversion amounts. The list covers conversions from 1 GEL to LBK, all the way up to 100000 GEL, providing a clear view of their respective values.
LBK to GEL chart
LBK/GEL: 1 LBK = 0.02922 GEL; 2025/07/21 14:47:12
In the past 1D, LBK has changed -0.98% to GEL. Based on the trend and price charts, LBK(LBK) has changed -0.98% to GEL while Georgian Lari(GEL) has changed % to LBK in the last 24 hours.
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LBK to GEL conversion data: Volatility and price changes of LBK in GEL
The highest LBK price in GEL over the past 7 days was 0.02625 GEL while the lowest LBK price in GEL over the past 7 days was 0.02393 GEL. The relative change between the highs and lows in LBK price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and LBK to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
LBK's current market price is ₾0.02922 per LBK, with a total market cap of ₾0 GEL based on a circulating supply of -- LBK. The trading volume of LBK has changed by +67.96% (₾4,689,227.65 GEL) in the last 24 hours. Last trading day, LBK's trading volume was ₾6,900,093.51.
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 LBK currency pair is the LBK to GEL, with for LBK's currency code being LBK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 LBK to Georgian Lari has changed by -3.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.98%, reaching a high of 0.02498 GEL and a low of 0.02416 GEL . One month ago, the value of 1 LBK was ₾0.03925 GEL , which represents a -28.91% change from its current value. Over the last year, LBK has changed by
-₾
0.0003530GEL
, resulting in a change of -1.41% in its value.
24 hours ago1 month ago1 year ago
Amount
14:47 today
24 hours ago
24h change
0.5 LBK
₾0.01461
₾0.01473
-0.98%
1 LBK
₾0.02922
₾0.02946
-0.98%
5 LBK
₾0.1461
₾0.1473
-0.98%
10 LBK
₾0.2922
₾0.2946
-0.98%
50 LBK
₾1.46
₾1.47
-0.98%
100 LBK
₾2.92
₾2.95
-0.98%
500 LBK
₾14.61
₾14.73
-0.98%
1000 LBK
₾29.22
₾29.46
-0.98%
LBK to GEL FAQ
How much is 1 LBK in GEL?
Right now, the price of 1 LBK (LBK) in Georgian Lari (GEL) is ₾0.02922.
How much LBK can I buy for 1 GEL?
Based on the current exchange rate, you can get 34.23 LBK for 1 GEL.
How do I calculate or convert LBK to GEL?
You can use our LBK to GEL calculator at the top of this page to convert any amount of LBK to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 171.13 LBK, while 5 LBK will cost around 0.1461GEL.
What is the highest price of LBK/GEL in history?
The all-time high price of 1 LBK in GEL is ₾0.1676. It remains to be seen if the value of 1 LBK/GEL will exceed the current all-time high.
What is the price trend of LBK in GEL?
Over the past 7 days, the exchange rate of LBK (LBK) has gone down by 3.79%.
Over the last month, the exchange rate of LBK (LBK) has gone down by 28.91% against Georgian Lari (GEL).
What factors influence the conversion rate of LBK to GEL?
There are many factors that affect the relationship between LBK 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 LBK/GEL. When there is positive news in the market about the widespread adoption of LBK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LBK/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LBK/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 LBK/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 LBK and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular LBK currency pairs: LBK to US Dollar (USD), LBK to Euro (EUR), LBK to Pound Sterling (GBP), LBK to Canadian Dollar (CAD), LBK to Indian Rupee (INR), LBK to Pakistani Rupee (PKR), LBK to Brazilian Real (BRL), LBK to… The price of LBK in the US is $0.01078 USD. Additionally, LBK’s price is €0.009241 EUR in the eurozone, £0.008000 GBP in the UK, C$0.01477 CAD in Canada, ₹0.9302 INR in India, ₨3.07 PKR in Pakistan, R$0.06014 BRL in Brazil, and more. The most popular LBK currency pair is the LBK to Georgian Lari(GEL). The price of 1 LBK (LBK) in Georgian Lari (GEL) is ₾0.02922.
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.