Bitget converter provides NTX to GEL real-time exchange rates, making it easy to convert NitroEX (NTX) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 NTX is currently valued at 0.{4}5177 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NTX is currently valued at 0.{4}5177 GEL, which means buying 5 NTX would cost 0.0002589 GEL. Similarly, ₾1 GEL can be converted to 19,315.67 NTX, and ₾50 GEL can be converted to 96,578.34 NTX, excluding any platform or gas fees.
Conversion rates
Convert NTX to GEL
Convert GEL to NTX
NitroEX
Georgian Lari
1 NTX
0.{4}5177 GEL
Exchange 1 NTX for 0.{4}5177 GEL
2 NTX
0.0001035 GEL
Exchange 2 NTX for 0.0001035 GEL
5 NTX
0.0002589 GEL
Exchange 5 NTX for 0.0002589 GEL
10 NTX
0.0005177 GEL
Exchange 10 NTX for 0.0005177 GEL
20 NTX
0.001035 GEL
Exchange 20 NTX for 0.001035 GEL
50 NTX
0.002589 GEL
Exchange 50 NTX for 0.002589 GEL
100 NTX
0.005177 GEL
Exchange 100 NTX for 0.005177 GEL
200 NTX
0.01035 GEL
Exchange 200 NTX for 0.01035 GEL
500 NTX
0.02589 GEL
Exchange 500 NTX for 0.02589 GEL
1000 NTX
0.05177 GEL
Exchange 1000 NTX for 0.05177 GEL
5000 NTX
0.2589 GEL
Exchange 5000 NTX for 0.2589 GEL
10000 NTX
0.5177 GEL
Exchange 10000 NTX for 0.5177 GEL
In the table above, you'll find a comprehensive NTX to GEL converter that shows the value of NitroEX in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 NTX to GEL, all the way up to 10000 NTX, providing a clear view of their respective values.
Georgian Lari
NitroEX
1 GEL
19,315.67 NTX
Exchange 1 GEL for 19,315.67 NTX
10 GEL
193,156.67 NTX
Exchange 10 GEL for 193,156.67 NTX
50 GEL
965,783.37 NTX
Exchange 50 GEL for 965,783.37 NTX
100 GEL
1,931,566.74 NTX
Exchange 100 GEL for 1,931,566.74 NTX
200 GEL
3,863,133.48 NTX
Exchange 200 GEL for 3,863,133.48 NTX
500 GEL
9,657,833.7 NTX
Exchange 500 GEL for 9,657,833.7 NTX
1000 GEL
19,315,667.41 NTX
Exchange 1000 GEL for 19,315,667.41 NTX
2000 GEL
38,631,334.81 NTX
Exchange 2000 GEL for 38,631,334.81 NTX
5000 GEL
96,578,337.03 NTX
Exchange 5000 GEL for 96,578,337.03 NTX
10000 GEL
193,156,674.06 NTX
Exchange 10000 GEL for 193,156,674.06 NTX
50000 GEL
965,783,370.3 NTX
Exchange 50000 GEL for 965,783,370.3 NTX
100000 GEL
1,931,566,740.6 NTX
Exchange 100000 GEL for 1,931,566,740.6 NTX
In the table above, you'll find a comprehensive GEL to NTX converter that shows the value of Georgian Lari in NitroEX across commonly used conversion amounts. The list covers conversions from 1 GEL to NTX, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, NitroEX has changed -0.01% to GEL. Based on the trend and price charts, NitroEX(NTX) has changed -0.01% to GEL while Georgian Lari(GEL) has changed % to NTX in the last 24 hours.
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NTX to GEL conversion data: Volatility and price changes of NitroEX in GEL
The highest NitroEX price in GEL over the past 7 days was 0.{4}5587 GEL while the lowest NitroEX price in GEL over the past 7 days was 0.{4}5365 GEL. The relative change between the highs and lows in NitroEX price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and NTX to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
NitroEX's current market price is ₾0.{4}5177 per NTX, with a total market cap of ₾0 GEL based on a circulating supply of -- NTX. The trading volume of NitroEX has changed by -0.02% (₾-0.00 GEL) in the last 24 hours. Last trading day, NTX's trading volume was ₾13.56.
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 NitroEX currency pair is the NTX to GEL, with for NitroEX's currency code being NTX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 NTX to Georgian Lari has changed by -0.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 0.{4}5534 GEL and a low of 0.{4}5529 GEL . One month ago, the value of 1 NTX was ₾0.{4}5556 GEL , which represents a -6.41% change from its current value. Over the last year, NitroEX has changed by
-₾
0.{4}1024GEL
, resulting in a change of -15.62% in its value.
24 hours ago1 month ago1 year ago
Amount
08:04 am today
24 hours ago
24h change
0.5 NTX
₾0.{4}2589
₾0.{4}2589
-0.01%
1 NTX
₾0.{4}5177
₾0.{4}5178
-0.01%
5 NTX
₾0.0002589
₾0.0002589
-0.01%
10 NTX
₾0.0005177
₾0.0005178
-0.01%
50 NTX
₾0.002589
₾0.002589
-0.01%
100 NTX
₾0.005177
₾0.005178
-0.01%
500 NTX
₾0.02589
₾0.02589
-0.01%
1000 NTX
₾0.05177
₾0.05178
-0.01%
NTX to GEL FAQ
How much is 1 NitroEX in GEL?
Right now, the price of 1 NitroEX (NTX) in Georgian Lari (GEL) is ₾0.{4}5177.
How much NTX can I buy for 1 GEL?
Based on the current exchange rate, you can get 19,315.67 NTX for 1 GEL.
How do I calculate or convert NTX to GEL?
You can use our NTX to GEL calculator at the top of this page to convert any amount of NTX to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 96,578.34 NTX, while 5 NTX will cost around 0.0002589GEL.
What is the highest price of NTX/GEL in history?
The all-time high price of 1 NTX in GEL is ₾0.005424. It remains to be seen if the value of 1 NTX/GEL will exceed the current all-time high.
What is the price trend of NitroEX in GEL?
Over the past 7 days, the exchange rate of NitroEX (NTX) has gone down by 0.94%.
Over the last month, the exchange rate of NitroEX (NTX) has gone down by 6.41% against Georgian Lari (GEL).
What factors influence the conversion rate of NTX to GEL?
There are many factors that affect the relationship between NitroEX 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 NTX/GEL. When there is positive news in the market about the widespread adoption of NTX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NTX/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NTX/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 NTX/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 NitroEX and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular NitroEX currency pairs: NTX to US Dollar (USD), NTX to Euro (EUR), NTX to Pound Sterling (GBP), NTX to Canadian Dollar (CAD), NTX to Indian Rupee (INR), NTX to Pakistani Rupee (PKR), NTX to Brazilian Real (BRL), NTX to… The price of NitroEX in the US is $0.{4}1910 USD. Additionally, NitroEX’s price is €0.{4}1642 EUR in the eurozone, £0.{4}1422 GBP in the UK, C$0.{4}2621 CAD in Canada, ₹0.001647 INR in India, ₨0.005451 PKR in Pakistan, R$0.0001067 BRL in Brazil, and more. The most popular NitroEX currency pair is the NTX to Georgian Lari(GEL). The price of 1 NitroEX (NTX) in Georgian Lari (GEL) is ₾0.{4}5177.
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.