Bitget converter provides OLYN to GEL real-time exchange rates, making it easy to convert Olyn by Virtuals (OLYN) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 OLYN is currently valued at 0.002008 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OLYN is currently valued at 0.002008 GEL, which means buying 5 OLYN would cost 0.01004 GEL. Similarly, ₾1 GEL can be converted to 497.97 OLYN, and ₾50 GEL can be converted to 2,489.83 OLYN, excluding any platform or gas fees.
Conversion rates
Convert OLYN to GEL
Convert GEL to OLYN
Olyn by Virtuals
Georgian Lari
1 OLYN
0.002008 GEL
Exchange 1 OLYN for 0.002008 GEL
2 OLYN
0.004016 GEL
Exchange 2 OLYN for 0.004016 GEL
5 OLYN
0.01004 GEL
Exchange 5 OLYN for 0.01004 GEL
10 OLYN
0.02008 GEL
Exchange 10 OLYN for 0.02008 GEL
20 OLYN
0.04016 GEL
Exchange 20 OLYN for 0.04016 GEL
50 OLYN
0.1004 GEL
Exchange 50 OLYN for 0.1004 GEL
100 OLYN
0.2008 GEL
Exchange 100 OLYN for 0.2008 GEL
200 OLYN
0.4016 GEL
Exchange 200 OLYN for 0.4016 GEL
500 OLYN
1 GEL
Exchange 500 OLYN for 1 GEL
1000 OLYN
2.01 GEL
Exchange 1000 OLYN for 2.01 GEL
5000 OLYN
10.04 GEL
Exchange 5000 OLYN for 10.04 GEL
10000 OLYN
20.08 GEL
Exchange 10000 OLYN for 20.08 GEL
In the table above, you'll find a comprehensive OLYN to GEL converter that shows the value of Olyn by Virtuals in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 OLYN to GEL, all the way up to 10000 OLYN, providing a clear view of their respective values.
Georgian Lari
Olyn by Virtuals
1 GEL
497.97 OLYN
Exchange 1 GEL for 497.97 OLYN
10 GEL
4,979.66 OLYN
Exchange 10 GEL for 4,979.66 OLYN
50 GEL
24,898.32 OLYN
Exchange 50 GEL for 24,898.32 OLYN
100 GEL
49,796.65 OLYN
Exchange 100 GEL for 49,796.65 OLYN
200 GEL
99,593.29 OLYN
Exchange 200 GEL for 99,593.29 OLYN
500 GEL
248,983.23 OLYN
Exchange 500 GEL for 248,983.23 OLYN
1000 GEL
497,966.46 OLYN
Exchange 1000 GEL for 497,966.46 OLYN
2000 GEL
995,932.91 OLYN
Exchange 2000 GEL for 995,932.91 OLYN
5000 GEL
2,489,832.28 OLYN
Exchange 5000 GEL for 2,489,832.28 OLYN
10000 GEL
4,979,664.57 OLYN
Exchange 10000 GEL for 4,979,664.57 OLYN
50000 GEL
24,898,322.84 OLYN
Exchange 50000 GEL for 24,898,322.84 OLYN
100000 GEL
49,796,645.69 OLYN
Exchange 100000 GEL for 49,796,645.69 OLYN
In the table above, you'll find a comprehensive GEL to OLYN converter that shows the value of Georgian Lari in Olyn by Virtuals across commonly used conversion amounts. The list covers conversions from 1 GEL to OLYN, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Olyn by Virtuals has changed +2.46% to GEL. Based on the trend and price charts, Olyn by Virtuals(OLYN) has changed +2.46% to GEL while Georgian Lari(GEL) has changed % to OLYN in the last 24 hours.
1D7D1M3M1YAll
OLYN to GEL conversion data: Volatility and price changes of Olyn by Virtuals in GEL
The highest Olyn by Virtuals price in GEL over the past 7 days was 0.002206 GEL while the lowest Olyn by Virtuals price in GEL over the past 7 days was 0.001914 GEL. The relative change between the highs and lows in Olyn by Virtuals price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and OLYN to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Olyn by Virtuals to Georgian Lari is falling this week.
Olyn by Virtuals's current market price is ₾0.002008 per OLYN, with a total market cap of ₾0 GEL based on a circulating supply of -- OLYN. The trading volume of Olyn by Virtuals has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, OLYN'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 Olyn by Virtuals currency pair is the OLYN to GEL, with for Olyn by Virtuals's currency code being OLYN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of Olyn by Virtuals is decreasing.
The exchange rate of 1 OLYN to Georgian Lari has changed by -7.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.46%, reaching a high of 0.002008 GEL and a low of 0.001960 GEL . One month ago, the value of 1 OLYN was ₾0.002422 GEL , which represents a -17.08% change from its current value. Over the last year, Olyn by Virtuals has changed by
+₾
0.002008GEL
, resulting in a change of -41.52% in its value.
24 hours ago1 month ago1 year ago
Amount
23:03 today
24 hours ago
24h change
0.5 OLYN
₾0.001004
₾0.0009800
+2.46%
1 OLYN
₾0.002008
₾0.001960
+2.46%
5 OLYN
₾0.01004
₾0.009800
+2.46%
10 OLYN
₾0.02008
₾0.01960
+2.46%
50 OLYN
₾0.1004
₾0.09800
+2.46%
100 OLYN
₾0.2008
₾0.1960
+2.46%
500 OLYN
₾1
₾0.9800
+2.46%
1000 OLYN
₾2.01
₾1.96
+2.46%
OLYN to GEL FAQ
How much is 1 Olyn by Virtuals in GEL?
Right now, the price of 1 Olyn by Virtuals (OLYN) in Georgian Lari (GEL) is ₾0.002008.
How much OLYN can I buy for 1 GEL?
Based on the current exchange rate, you can get 497.97 OLYN for 1 GEL.
How do I calculate or convert OLYN to GEL?
You can use our OLYN to GEL calculator at the top of this page to convert any amount of OLYN to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 2,489.83 OLYN, while 5 OLYN will cost around 0.01004GEL.
What is the highest price of OLYN/GEL in history?
The all-time high price of 1 OLYN in GEL is ₾33.44. It remains to be seen if the value of 1 OLYN/GEL will exceed the current all-time high.
What is the price trend of Olyn by Virtuals in GEL?
Over the past 7 days, the exchange rate of Olyn by Virtuals (OLYN) has gone down by 7.67%.
Over the last month, the exchange rate of Olyn by Virtuals (OLYN) has gone down by 17.08% against Georgian Lari (GEL).
What factors influence the conversion rate of OLYN to GEL?
There are many factors that affect the relationship between Olyn by Virtuals 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 OLYN/GEL. When there is positive news in the market about the widespread adoption of OLYN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OLYN/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OLYN/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 OLYN/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 Olyn by Virtuals and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Olyn by Virtuals currency pairs: OLYN to US Dollar (USD), OLYN to Euro (EUR), OLYN to Pound Sterling (GBP), OLYN to Canadian Dollar (CAD), OLYN to Indian Rupee (INR), OLYN to Pakistani Rupee (PKR), OLYN to Brazilian Real (BRL), OLYN to… The price of Olyn by Virtuals in the US is $0.0007438 USD. Additionally, Olyn by Virtuals’s price is €0.0006268 EUR in the eurozone, £0.0005450 GBP in the UK, C$0.001022 CAD in Canada, ₹0.06537 INR in India, ₨0.2094 PKR in Pakistan, R$0.003939 BRL in Brazil, and more. The most popular Olyn by Virtuals currency pair is the OLYN to Georgian Lari(GEL). The price of 1 Olyn by Virtuals (OLYN) in Georgian Lari (GEL) is ₾0.002008.
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.