Bitget converter provides OBOT to GEL real-time exchange rates, making it easy to convert OBOT (OBOT) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 OBOT is currently valued at 0.002259 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OBOT is currently valued at 0.002259 GEL, which means buying 5 OBOT would cost 0.01129 GEL. Similarly, ₾1 GEL can be converted to 442.67 OBOT, and ₾50 GEL can be converted to 2,213.37 OBOT, excluding any platform or gas fees.
Conversion rates
Convert OBOT to GEL
Convert GEL to OBOT
OBOT
Georgian Lari
1 OBOT
0.002259 GEL
Exchange 1 OBOT for 0.002259 GEL
2 OBOT
0.004518 GEL
Exchange 2 OBOT for 0.004518 GEL
5 OBOT
0.01129 GEL
Exchange 5 OBOT for 0.01129 GEL
10 OBOT
0.02259 GEL
Exchange 10 OBOT for 0.02259 GEL
20 OBOT
0.04518 GEL
Exchange 20 OBOT for 0.04518 GEL
50 OBOT
0.1129 GEL
Exchange 50 OBOT for 0.1129 GEL
100 OBOT
0.2259 GEL
Exchange 100 OBOT for 0.2259 GEL
200 OBOT
0.4518 GEL
Exchange 200 OBOT for 0.4518 GEL
500 OBOT
1.13 GEL
Exchange 500 OBOT for 1.13 GEL
1000 OBOT
2.26 GEL
Exchange 1000 OBOT for 2.26 GEL
5000 OBOT
11.29 GEL
Exchange 5000 OBOT for 11.29 GEL
10000 OBOT
22.59 GEL
Exchange 10000 OBOT for 22.59 GEL
In the table above, you'll find a comprehensive OBOT to GEL converter that shows the value of OBOT in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 OBOT to GEL, all the way up to 10000 OBOT, providing a clear view of their respective values.
Georgian Lari
OBOT
1 GEL
442.67 OBOT
Exchange 1 GEL for 442.67 OBOT
10 GEL
4,426.74 OBOT
Exchange 10 GEL for 4,426.74 OBOT
50 GEL
22,133.69 OBOT
Exchange 50 GEL for 22,133.69 OBOT
100 GEL
44,267.39 OBOT
Exchange 100 GEL for 44,267.39 OBOT
200 GEL
88,534.78 OBOT
Exchange 200 GEL for 88,534.78 OBOT
500 GEL
221,336.95 OBOT
Exchange 500 GEL for 221,336.95 OBOT
1000 GEL
442,673.89 OBOT
Exchange 1000 GEL for 442,673.89 OBOT
2000 GEL
885,347.78 OBOT
Exchange 2000 GEL for 885,347.78 OBOT
5000 GEL
2,213,369.45 OBOT
Exchange 5000 GEL for 2,213,369.45 OBOT
10000 GEL
4,426,738.91 OBOT
Exchange 10000 GEL for 4,426,738.91 OBOT
50000 GEL
22,133,694.53 OBOT
Exchange 50000 GEL for 22,133,694.53 OBOT
100000 GEL
44,267,389.05 OBOT
Exchange 100000 GEL for 44,267,389.05 OBOT
In the table above, you'll find a comprehensive GEL to OBOT converter that shows the value of Georgian Lari in OBOT across commonly used conversion amounts. The list covers conversions from 1 GEL to OBOT, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, OBOT has changed +26.20% to GEL. Based on the trend and price charts, OBOT(OBOT) has changed +26.20% to GEL while Georgian Lari(GEL) has changed % to OBOT in the last 24 hours.
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OBOT to GEL conversion data: Volatility and price changes of OBOT in GEL
The highest OBOT price in GEL over the past 7 days was 0.002902 GEL while the lowest OBOT price in GEL over the past 7 days was 0.001461 GEL. The relative change between the highs and lows in OBOT price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and OBOT to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
OBOT's current market price is ₾0.002259 per OBOT, with a total market cap of ₾0 GEL based on a circulating supply of -- OBOT. The trading volume of OBOT has changed by -0.49% (₾-5.87 GEL) in the last 24 hours. Last trading day, OBOT's trading volume was ₾1,196.14.
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 OBOT currency pair is the OBOT to GEL, with for OBOT's currency code being OBOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 OBOT to Georgian Lari has changed by +54.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by +26.20%, reaching a high of 0.002902 GEL and a low of 0.001653 GEL . One month ago, the value of 1 OBOT was ₾0.001660 GEL , which represents a +35.85% change from its current value. Over the last year, OBOT has changed by
+₾
0.002268GEL
, resulting in a change of +89.50% in its value.
24 hours ago1 month ago1 year ago
Amount
23:59 today
24 hours ago
24h change
0.5 OBOT
₾0.001129
₾0.0008941
+26.20%
1 OBOT
₾0.002259
₾0.001788
+26.20%
5 OBOT
₾0.01129
₾0.008941
+26.20%
10 OBOT
₾0.02259
₾0.01788
+26.20%
50 OBOT
₾0.1129
₾0.08941
+26.20%
100 OBOT
₾0.2259
₾0.1788
+26.20%
500 OBOT
₾1.13
₾0.8941
+26.20%
1000 OBOT
₾2.26
₾1.79
+26.20%
OBOT to GEL FAQ
How much is 1 OBOT in GEL?
Right now, the price of 1 OBOT (OBOT) in Georgian Lari (GEL) is ₾0.002259.
How much OBOT can I buy for 1 GEL?
Based on the current exchange rate, you can get 442.67 OBOT for 1 GEL.
How do I calculate or convert OBOT to GEL?
You can use our OBOT to GEL calculator at the top of this page to convert any amount of OBOT to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 2,213.37 OBOT, while 5 OBOT will cost around 0.01129GEL.
What is the highest price of OBOT/GEL in history?
The all-time high price of 1 OBOT in GEL is ₾0.1179. It remains to be seen if the value of 1 OBOT/GEL will exceed the current all-time high.
What is the price trend of OBOT in GEL?
Over the past 7 days, the exchange rate of OBOT (OBOT) has gone up by 54.80%.
Over the last month, the exchange rate of OBOT (OBOT) has gone up by 35.85% against Georgian Lari (GEL).
What factors influence the conversion rate of OBOT to GEL?
There are many factors that affect the relationship between OBOT 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 OBOT/GEL. When there is positive news in the market about the widespread adoption of OBOT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OBOT/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OBOT/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 OBOT/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 OBOT and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular OBOT currency pairs: OBOT to US Dollar (USD), OBOT to Euro (EUR), OBOT to Pound Sterling (GBP), OBOT to Canadian Dollar (CAD), OBOT to Indian Rupee (INR), OBOT to Pakistani Rupee (PKR), OBOT to Brazilian Real (BRL), OBOT to… The price of OBOT in the US is $0.0008367 USD. Additionally, OBOT’s price is €0.0007051 EUR in the eurozone, £0.0006130 GBP in the UK, C$0.001150 CAD in Canada, ₹0.07353 INR in India, ₨0.2355 PKR in Pakistan, R$0.004431 BRL in Brazil, and more. The most popular OBOT currency pair is the OBOT to Georgian Lari(GEL). The price of 1 OBOT (OBOT) in Georgian Lari (GEL) is ₾0.002259.
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.