Bitget converter provides SOY to GEL real-time exchange rates, making it easy to convert Soyjak (SOY) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 SOY is currently valued at 0.0008800 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOY is currently valued at 0.0008800 GEL, which means buying 5 SOY would cost 0.004400 GEL. Similarly, ₾1 GEL can be converted to 1,136.32 SOY, and ₾50 GEL can be converted to 5,681.58 SOY, excluding any platform or gas fees.
Conversion rates
Convert SOY to GEL
Convert GEL to SOY
Soyjak
Georgian Lari
1 SOY
0.0008800 GEL
Exchange 1 SOY for 0.0008800 GEL
2 SOY
0.001760 GEL
Exchange 2 SOY for 0.001760 GEL
5 SOY
0.004400 GEL
Exchange 5 SOY for 0.004400 GEL
10 SOY
0.008800 GEL
Exchange 10 SOY for 0.008800 GEL
20 SOY
0.01760 GEL
Exchange 20 SOY for 0.01760 GEL
50 SOY
0.04400 GEL
Exchange 50 SOY for 0.04400 GEL
100 SOY
0.08800 GEL
Exchange 100 SOY for 0.08800 GEL
200 SOY
0.1760 GEL
Exchange 200 SOY for 0.1760 GEL
500 SOY
0.4400 GEL
Exchange 500 SOY for 0.4400 GEL
1000 SOY
0.8800 GEL
Exchange 1000 SOY for 0.8800 GEL
5000 SOY
4.4 GEL
Exchange 5000 SOY for 4.4 GEL
10000 SOY
8.8 GEL
Exchange 10000 SOY for 8.8 GEL
In the table above, you'll find a comprehensive SOY to GEL converter that shows the value of Soyjak in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 SOY to GEL, all the way up to 10000 SOY, providing a clear view of their respective values.
Georgian Lari
Soyjak
1 GEL
1,136.32 SOY
Exchange 1 GEL for 1,136.32 SOY
10 GEL
11,363.17 SOY
Exchange 10 GEL for 11,363.17 SOY
50 GEL
56,815.83 SOY
Exchange 50 GEL for 56,815.83 SOY
100 GEL
113,631.65 SOY
Exchange 100 GEL for 113,631.65 SOY
200 GEL
227,263.3 SOY
Exchange 200 GEL for 227,263.3 SOY
500 GEL
568,158.26 SOY
Exchange 500 GEL for 568,158.26 SOY
1000 GEL
1,136,316.52 SOY
Exchange 1000 GEL for 1,136,316.52 SOY
2000 GEL
2,272,633.04 SOY
Exchange 2000 GEL for 2,272,633.04 SOY
5000 GEL
5,681,582.6 SOY
Exchange 5000 GEL for 5,681,582.6 SOY
10000 GEL
11,363,165.21 SOY
Exchange 10000 GEL for 11,363,165.21 SOY
50000 GEL
56,815,826.03 SOY
Exchange 50000 GEL for 56,815,826.03 SOY
100000 GEL
113,631,652.05 SOY
Exchange 100000 GEL for 113,631,652.05 SOY
In the table above, you'll find a comprehensive GEL to SOY converter that shows the value of Georgian Lari in Soyjak across commonly used conversion amounts. The list covers conversions from 1 GEL to SOY, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Soyjak has changed -2.09% to GEL. Based on the trend and price charts, Soyjak(SOY) has changed -2.09% to GEL while Georgian Lari(GEL) has changed % to SOY in the last 24 hours.
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SOY to GEL conversion data: Volatility and price changes of Soyjak in GEL
The highest Soyjak price in GEL over the past 7 days was 0.001229 GEL while the lowest Soyjak price in GEL over the past 7 days was 0.0008751 GEL. The relative change between the highs and lows in Soyjak price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and SOY to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Soyjak's current market price is ₾0.0008800 per SOY, with a total market cap of ₾815,404.81 GEL based on a circulating supply of 926,558,000 SOY. The trading volume of Soyjak has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, SOY'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 Soyjak currency pair is the SOY to GEL, with for Soyjak's currency code being SOY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 SOY to Georgian Lari has changed by -21.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.09%, reaching a high of 0.0009114 GEL and a low of 0.0008751 GEL . One month ago, the value of 1 SOY was ₾0.001193 GEL , which represents a -26.26% change from its current value. Over the last year, Soyjak has changed by
-₾
0.0009066GEL
, resulting in a change of -50.74% in its value.
24 hours ago1 month ago1 year ago
Amount
11:23 am today
24 hours ago
24h change
0.5 SOY
₾0.0004400
₾0.0004494
-2.09%
1 SOY
₾0.0008800
₾0.0008988
-2.09%
5 SOY
₾0.004400
₾0.004494
-2.09%
10 SOY
₾0.008800
₾0.008988
-2.09%
50 SOY
₾0.04400
₾0.04494
-2.09%
100 SOY
₾0.08800
₾0.08988
-2.09%
500 SOY
₾0.4400
₾0.4494
-2.09%
1000 SOY
₾0.8800
₾0.8988
-2.09%
SOY to GEL FAQ
How much is 1 Soyjak in GEL?
Right now, the price of 1 Soyjak (SOY) in Georgian Lari (GEL) is ₾0.0008800.
How much SOY can I buy for 1 GEL?
Based on the current exchange rate, you can get 1,136.32 SOY for 1 GEL.
How do I calculate or convert SOY to GEL?
You can use our SOY to GEL calculator at the top of this page to convert any amount of SOY to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 5,681.58 SOY, while 5 SOY will cost around 0.004400GEL.
What is the highest price of SOY/GEL in history?
The all-time high price of 1 SOY in GEL is ₾0.01811. It remains to be seen if the value of 1 SOY/GEL will exceed the current all-time high.
What is the price trend of Soyjak in GEL?
Over the past 7 days, the exchange rate of Soyjak (SOY) has gone down by 21.00%.
Over the last month, the exchange rate of Soyjak (SOY) has gone down by 26.26% against Georgian Lari (GEL).
What factors influence the conversion rate of SOY to GEL?
There are many factors that affect the relationship between Soyjak 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 SOY/GEL. When there is positive news in the market about the widespread adoption of SOY or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOY/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOY/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 SOY/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 Soyjak and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Soyjak currency pairs: SOY to US Dollar (USD), SOY to Euro (EUR), SOY to Pound Sterling (GBP), SOY to Canadian Dollar (CAD), SOY to Indian Rupee (INR), SOY to Pakistani Rupee (PKR), SOY to Brazilian Real (BRL), SOY to… The price of Soyjak in the US is $0.0003259 USD. Additionally, Soyjak’s price is €0.0002760 EUR in the eurozone, £0.0002390 GBP in the UK, C$0.0004487 CAD in Canada, ₹0.02871 INR in India, ₨0.09192 PKR in Pakistan, R$0.001733 BRL in Brazil, and more. The most popular Soyjak currency pair is the SOY to Georgian Lari(GEL). The price of 1 Soyjak (SOY) in Georgian Lari (GEL) is ₾0.0008800.
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.