GP
GEL
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Graphite Protocol(GP) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 GP at a value of 1 GP for 0.16 GEL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
GEL information
About Georgian Lari (GEL)
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 Graphite Protocol currency pair is the GP to GEL, with for Graphite Protocol's currency code being GP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
GP to GEL conversion rate trend
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In the past 1D, Graphite Protocol has changed -7.31% to GEL. Based on the trend and price charts, Graphite Protocol(GP) has changed -7.31% to GEL while Georgian Lari(GEL) has changed % to GP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₾0.1511 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/24 08:33:14(UTC+0)
How to buy Graphite Protocol
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Graphite Protocol (GP)
Use a variety of payment options to buy Graphite Protocol on Bitget. We'll show you how.
Buy GP (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading does not currently support direct buying of GP with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy GP with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell GP (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading currently does not support direct selling of GP to GEL. However, you can first exchange GP for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Graphite Protocol to Georgian Lari?
Graphite Protocol to Georgian Lari is falling this week.Graphite Protocol's current market price is ₾ 0.1604 per GP, with a total market cap of ₾ 0 GEL based on a circulating supply of -- GP. The trading volume of Graphite Protocol has changed by +452.25% (₾ 43,037.1 GEL) in the last 24 hours. Last trading day, GP's trading volume was ₾ 9,516.21.
Market cap
$0
24h volume
$18.73K
Circulating supply
0 GP
Conversion tables
The exchange rate of Graphite Protocol is increasing.1 GP is currently valued at ₾ 0.1604 GEL , which means buying 5 GP will cost ₾ 0.8018 GEL . Similarly, ₾1 GEL can be traded for 6.24 GP, and ₾50 GEL can be converted to 311.79 GP, excluding any platform or gas fees.
The exchange rate of 1 GP to Georgian Lari has changed by -18.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.31%, reaching a high of 0.1782 GEL and a low of 0.1459 GEL . One month ago, the value of 1 GP was ₾ 0.1308 GEL , which represents a +22.59% change from its current value. Over the last year, Graphite Protocol has changed by , resulting in a change of -78.18% in its value.
-₾
0.5747GELGP to GEL
Amount
16:01 today
0.5 GP
₾0.08018
1 GP
₾0.1604
5 GP
₾0.8018
10 GP
₾1.6
50 GP
₾8.02
100 GP
₾16.04
500 GP
₾80.18
1000 GP
₾160.37
GEL to GP
Amount16:01 today
0.5GEL3.12 GP
1GEL6.24 GP
5GEL31.18 GP
10GEL62.36 GP
50GEL311.79 GP
100GEL623.58 GP
500GEL3,117.89 GP
1000GEL6,235.77 GP
Today vs. 24 hours ago
| Amount | 16:01 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GP | $0.02858 | $0.03083 | -7.31% |
| 1 GP | $0.05715 | $0.06166 | -7.31% |
| 5 GP | $0.2858 | $0.3083 | -7.31% |
| 10 GP | $0.5715 | $0.6166 | -7.31% |
| 50 GP | $2.86 | $3.08 | -7.31% |
| 100 GP | $5.72 | $6.17 | -7.31% |
| 500 GP | $28.58 | $30.83 | -7.31% |
| 1000 GP | $57.15 | $61.66 | -7.31% |
Today vs. 1 month ago
| Amount | 16:01 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GP | $0.02858 | $0.02331 | +22.59% |
| 1 GP | $0.05715 | $0.04662 | +22.59% |
| 5 GP | $0.2858 | $0.2331 | +22.59% |
| 10 GP | $0.5715 | $0.4662 | +22.59% |
| 50 GP | $2.86 | $2.33 | +22.59% |
| 100 GP | $5.72 | $4.66 | +22.59% |
| 500 GP | $28.58 | $23.31 | +22.59% |
| 1000 GP | $57.15 | $46.62 | +22.59% |
Today vs. 1 year ago
| Amount | 16:01 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GP | $0.02858 | $0.1310 | -78.18% |
| 1 GP | $0.05715 | $0.2620 | -78.18% |
| 5 GP | $0.2858 | $1.31 | -78.18% |
| 10 GP | $0.5715 | $2.62 | -78.18% |
| 50 GP | $2.86 | $13.1 | -78.18% |
| 100 GP | $5.72 | $26.2 | -78.18% |
| 500 GP | $28.58 | $130.98 | -78.18% |
| 1000 GP | $57.15 | $261.97 | -78.18% |
Graphite Protocol price prediction
What will the price of GP be in 2025?
Based on GP's historical price performance prediction model, the price of GP is projected to reach $0.1032 in 2025.
What will the price of GP be in 2030?
In 2030, the GP price is expected to change by -20.00%. By the end of 2030, the GP price is projected to reach $0.1301, with a cumulative ROI of +110.37%.
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Popular Graphite Protocol conversions
Check out these popular currency conversions of Graphite Protocol to several fiat currencies.
Graphite Protocol to USD
1 GP to $ 0.05715 USD
Graphite Protocol to GBP
1 GP to £ 0.04552 GBP
Graphite Protocol to EUR
1 GP to € 0.05496 EUR
Graphite Protocol to KRW
1 GP to ₩ 83.35 KRW
Graphite Protocol to CAD
1 GP to $ 0.08236 CAD
Graphite Protocol to AUD
1 GP to $ 0.09171 AUD
Graphite Protocol to JPY
1 GP to ¥ 8.98 JPY
Graphite Protocol to BRL
1 GP to R$ 0.3541 BRL
Graphite Protocol to CNY
1 GP to ¥ 0.4172 CNY
Graphite Protocol to TWD
1 GP to NT$ 1.87 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Graphite Protocol and GEL.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Graphite Protocol and GEL. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Graphite Protocol in GEL, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
