Bitget converter provides OILX to GEL real-time exchange rates, making it easy to convert OilX Token (OILX) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 OILX is currently valued at 177.39 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OILX is currently valued at 177.39 GEL, which means buying 5 OILX would cost 886.96 GEL. Similarly, ₾1 GEL can be converted to 0.005637 OILX, and ₾50 GEL can be converted to 0.02819 OILX, excluding any platform or gas fees.
Conversion rates
Convert OILX to GEL
Convert GEL to OILX
OilX Token
Georgian Lari
1 OILX
177.39 GEL
Exchange 1 OILX for 177.39 GEL
2 OILX
354.78 GEL
Exchange 2 OILX for 354.78 GEL
5 OILX
886.96 GEL
Exchange 5 OILX for 886.96 GEL
10 OILX
1,773.92 GEL
Exchange 10 OILX for 1,773.92 GEL
20 OILX
3,547.83 GEL
Exchange 20 OILX for 3,547.83 GEL
50 OILX
8,869.59 GEL
Exchange 50 OILX for 8,869.59 GEL
100 OILX
17,739.17 GEL
Exchange 100 OILX for 17,739.17 GEL
200 OILX
35,478.34 GEL
Exchange 200 OILX for 35,478.34 GEL
500 OILX
88,695.85 GEL
Exchange 500 OILX for 88,695.85 GEL
1000 OILX
177,391.7 GEL
Exchange 1000 OILX for 177,391.7 GEL
5000 OILX
886,958.52 GEL
Exchange 5000 OILX for 886,958.52 GEL
10000 OILX
1,773,917.05 GEL
Exchange 10000 OILX for 1,773,917.05 GEL
In the table above, you'll find a comprehensive OILX to GEL converter that shows the value of OilX Token in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 OILX to GEL, all the way up to 10000 OILX, providing a clear view of their respective values.
Georgian Lari
OilX Token
1 GEL
0.005637 OILX
Exchange 1 GEL for 0.005637 OILX
10 GEL
0.05637 OILX
Exchange 10 GEL for 0.05637 OILX
50 GEL
0.2819 OILX
Exchange 50 GEL for 0.2819 OILX
100 GEL
0.5637 OILX
Exchange 100 GEL for 0.5637 OILX
200 GEL
1.13 OILX
Exchange 200 GEL for 1.13 OILX
500 GEL
2.82 OILX
Exchange 500 GEL for 2.82 OILX
1000 GEL
5.64 OILX
Exchange 1000 GEL for 5.64 OILX
2000 GEL
11.27 OILX
Exchange 2000 GEL for 11.27 OILX
5000 GEL
28.19 OILX
Exchange 5000 GEL for 28.19 OILX
10000 GEL
56.37 OILX
Exchange 10000 GEL for 56.37 OILX
50000 GEL
281.86 OILX
Exchange 50000 GEL for 281.86 OILX
100000 GEL
563.72 OILX
Exchange 100000 GEL for 563.72 OILX
In the table above, you'll find a comprehensive GEL to OILX converter that shows the value of Georgian Lari in OilX Token across commonly used conversion amounts. The list covers conversions from 1 GEL to OILX, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, OilX Token has changed 0.00% to GEL. Based on the trend and price charts, OilX Token(OILX) has changed 0.00% to GEL while Georgian Lari(GEL) has changed % to OILX in the last 24 hours.
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OILX to GEL conversion data: Volatility and price changes of OilX Token in GEL
The highest OilX Token price in GEL over the past 7 days was 182.11 GEL while the lowest OilX Token price in GEL over the past 7 days was 175.51 GEL. The relative change between the highs and lows in OilX Token price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and OILX to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
OilX Token's current market price is ₾177.39 per OILX, with a total market cap of ₾0 GEL based on a circulating supply of -- OILX. The trading volume of OilX Token has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, OILX's trading volume was ₾0.
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 OilX Token currency pair is the OILX to GEL, with for OilX Token's currency code being OILX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 OILX to Georgian Lari has changed by -0.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 177.39 GEL and a low of 177.39 GEL . One month ago, the value of 1 OILX was ₾191.7 GEL , which represents a -7.47% change from its current value. Over the last year, OilX Token has changed by
-₾
27.99GEL
, resulting in a change of -13.63% in its value.
24 hours ago1 month ago1 year ago
Amount
01:22 am today
24 hours ago
24h change
0.5 OILX
₾88.7
₾88.7
0.00%
1 OILX
₾177.39
₾177.39
0.00%
5 OILX
₾886.96
₾886.96
0.00%
10 OILX
₾1,773.92
₾1,773.92
0.00%
50 OILX
₾8,869.59
₾8,869.59
0.00%
100 OILX
₾17,739.17
₾17,739.17
0.00%
500 OILX
₾88,695.85
₾88,695.85
0.00%
1000 OILX
₾177,391.7
₾177,391.7
0.00%
OILX to GEL FAQ
How much is 1 OilX Token in GEL?
Right now, the price of 1 OilX Token (OILX) in Georgian Lari (GEL) is ₾177.39.
How much OILX can I buy for 1 GEL?
Based on the current exchange rate, you can get 0.005637 OILX for 1 GEL.
How do I calculate or convert OILX to GEL?
You can use our OILX to GEL calculator at the top of this page to convert any amount of OILX to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 0.02819 OILX, while 5 OILX will cost around 886.96GEL.
What is the highest price of OILX/GEL in history?
The all-time high price of 1 OILX in GEL is ₾233.23. It remains to be seen if the value of 1 OILX/GEL will exceed the current all-time high.
What is the price trend of OilX Token in GEL?
Over the past 7 days, the exchange rate of OilX Token (OILX) has gone down by 0.85%.
Over the last month, the exchange rate of OilX Token (OILX) has gone down by 7.47% against Georgian Lari (GEL).
What factors influence the conversion rate of OILX to GEL?
There are many factors that affect the relationship between OilX Token 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 OILX/GEL. When there is positive news in the market about the widespread adoption of OILX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OILX/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OILX/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 OILX/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 OilX Token and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular OilX Token currency pairs: OILX to US Dollar (USD), OILX to Euro (EUR), OILX to Pound Sterling (GBP), OILX to Canadian Dollar (CAD), OILX to Indian Rupee (INR), OILX to Pakistani Rupee (PKR), OILX to Brazilian Real (BRL), OILX to… The price of OilX Token in the US is $65.82 USD. Additionally, OilX Token’s price is €56.32 EUR in the eurozone, £48.73 GBP in the UK, C$90.47 CAD in Canada, ₹5,803.4 INR in India, ₨18,643.27 PKR in Pakistan, R$357.51 BRL in Brazil, and more. The most popular OilX Token currency pair is the OILX to Georgian Lari(GEL). The price of 1 OilX Token (OILX) in Georgian Lari (GEL) is ₾177.39.
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.