OBS
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 One Basis(OBS) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 OBS at a value of 1 OBS for 0.38 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 One Basis currency pair is the OBS to GEL, with for One Basis's currency code being OBS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
OBS to GEL conversion rate trend
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In the past 1D, One Basis has changed -1.65% to GEL. Based on the trend and price charts, One Basis(OBS) has changed -1.65% to GEL while Georgian Lari(GEL) has changed % to OBS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₾0.3831 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 16:34:10(UTC+0)
How to buy One Basis
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy One Basis (OBS)
Use a variety of payment options to buy One Basis on Bitget. We'll show you how.
Buy OBS (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading does not currently support direct buying of OBS with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy OBS 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 OBS (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading currently does not support direct selling of OBS to GEL. However, you can first exchange OBS 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 One Basis to Georgian Lari?
One Basis to Georgian Lari is rising this week.One Basis's current market price is ₾ 0.3831 per OBS, with a total market cap of ₾ 0 GEL based on a circulating supply of -- OBS. The trading volume of One Basis has changed by -49.14% (₾ -504.41 GEL) in the last 24 hours. Last trading day, OBS's trading volume was ₾ 1,026.43.
Market cap
$0
24h volume
$186.00956406
Circulating supply
0 OBS
Conversion tables
The exchange rate of One Basis is increasing.1 OBS is currently valued at ₾ 0.3831 GEL , which means buying 5 OBS will cost ₾ 1.92 GEL . Similarly, ₾1 GEL can be traded for 2.61 OBS, and ₾50 GEL can be converted to 130.52 OBS, excluding any platform or gas fees.
The exchange rate of 1 OBS to Georgian Lari has changed by +0.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.65%, reaching a high of 0.3945 GEL and a low of 0.3785 GEL . One month ago, the value of 1 OBS was ₾ 0.3677 GEL , which represents a +4.19% change from its current value. Over the last year, One Basis has changed by , resulting in a change of +34.87% in its value.
+₾
0.09904GELOBS to GEL
Amount
23:56 today
0.5 OBS
₾0.1915
1 OBS
₾0.3831
5 OBS
₾1.92
10 OBS
₾3.83
50 OBS
₾19.15
100 OBS
₾38.31
500 OBS
₾191.54
1000 OBS
₾383.08
GEL to OBS
Amount23:56 today
0.5GEL1.31 OBS
1GEL2.61 OBS
5GEL13.05 OBS
10GEL26.1 OBS
50GEL130.52 OBS
100GEL261.04 OBS
500GEL1,305.2 OBS
1000GEL2,610.4 OBS
Today vs. 24 hours ago
| Amount | 23:56 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OBS | $0.06825 | $0.06940 | -1.65% |
| 1 OBS | $0.1365 | $0.1388 | -1.65% |
| 5 OBS | $0.6825 | $0.6940 | -1.65% |
| 10 OBS | $1.37 | $1.39 | -1.65% |
| 50 OBS | $6.83 | $6.94 | -1.65% |
| 100 OBS | $13.65 | $13.88 | -1.65% |
| 500 OBS | $68.25 | $69.4 | -1.65% |
| 1000 OBS | $136.5 | $138.79 | -1.65% |
Today vs. 1 month ago
| Amount | 23:56 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OBS | $0.06825 | $0.06551 | +4.19% |
| 1 OBS | $0.1365 | $0.1310 | +4.19% |
| 5 OBS | $0.6825 | $0.6551 | +4.19% |
| 10 OBS | $1.37 | $1.31 | +4.19% |
| 50 OBS | $6.83 | $6.55 | +4.19% |
| 100 OBS | $13.65 | $13.1 | +4.19% |
| 500 OBS | $68.25 | $65.51 | +4.19% |
| 1000 OBS | $136.5 | $131.02 | +4.19% |
Today vs. 1 year ago
| Amount | 23:56 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OBS | $0.06825 | $0.05061 | +34.87% |
| 1 OBS | $0.1365 | $0.1012 | +34.87% |
| 5 OBS | $0.6825 | $0.5061 | +34.87% |
| 10 OBS | $1.37 | $1.01 | +34.87% |
| 50 OBS | $6.83 | $5.06 | +34.87% |
| 100 OBS | $13.65 | $10.12 | +34.87% |
| 500 OBS | $68.25 | $50.61 | +34.87% |
| 1000 OBS | $136.5 | $101.21 | +34.87% |
One Basis price prediction
What will the price of OBS be in 2025?
Based on OBS's historical price performance prediction model, the price of OBS is projected to reach $0.1720 in 2025.
What will the price of OBS be in 2030?
In 2030, the OBS price is expected to change by +7.00%. By the end of 2030, the OBS price is projected to reach $0.2661, with a cumulative ROI of +94.97%.
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Popular One Basis conversions
Check out these popular currency conversions of One Basis to several fiat currencies.
One Basis to USD
1 OBS to $ 0.1365 USD
One Basis to GBP
1 OBS to £ 0.1089 GBP
One Basis to EUR
1 OBS to € 0.1312 EUR
One Basis to KRW
1 OBS to ₩ 198.21 KRW
One Basis to CAD
1 OBS to $ 0.1962 CAD
One Basis to AUD
1 OBS to $ 0.2184 AUD
One Basis to JPY
1 OBS to ¥ 21.45 JPY
One Basis to BRL
1 OBS to R$ 0.8452 BRL
One Basis to CNY
1 OBS to ¥ 0.9969 CNY
One Basis to TWD
1 OBS to NT$ 4.46 TWD
Popular cryptocurrencies to GEL
Explore other cryptocurrencies based on your interest in One Basis.
Bitcoin to GEL
1 BTC to ₾ 265,739.76 GEL
Ethereum to GEL
1 ETH to ₾ 9,580.11 GEL
Solana to GEL
1 SOL to ₾ 532.77 GEL
Aave to GEL
1 AAVE to ₾ 1,075.99 GEL
BNB to GEL
1 BNB to ₾ 1,941.76 GEL
Chainlink to GEL
1 LINK to ₾ 68.51 GEL
Hedera to GEL
1 HBAR to ₾ 0.8165 GEL
Shiba Inu to GEL
1 SHIB to ₾ 0.{4}6303 GEL
Virtuals Protocol to GEL
1 VIRTUAL to ₾ 8.48 GEL
Cardano to GEL
1 ADA to ₾ 2.59 GEL
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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 One Basis 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 One Basis 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 One Basis 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.
