Bitget converter provides Oil Coin to GEL real-time exchange rates, making it easy to convert digital oil (Oil Coin) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 Oil Coin is currently valued at 0.001129 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 Oil Coin is currently valued at 0.001129 GEL, which means buying 5 Oil Coin would cost 0.005644 GEL. Similarly, ₾1 GEL can be converted to 885.94 Oil Coin, and ₾50 GEL can be converted to 4,429.7 Oil Coin, excluding any platform or gas fees.
Conversion rates
Convert Oil Coin to GEL
Convert GEL to Oil Coin
digital oil
Georgian Lari
1 Oil Coin
0.001129 GEL
Exchange 1 Oil Coin for 0.001129 GEL
2 Oil Coin
0.002257 GEL
Exchange 2 Oil Coin for 0.002257 GEL
5 Oil Coin
0.005644 GEL
Exchange 5 Oil Coin for 0.005644 GEL
10 Oil Coin
0.01129 GEL
Exchange 10 Oil Coin for 0.01129 GEL
20 Oil Coin
0.02257 GEL
Exchange 20 Oil Coin for 0.02257 GEL
50 Oil Coin
0.05644 GEL
Exchange 50 Oil Coin for 0.05644 GEL
100 Oil Coin
0.1129 GEL
Exchange 100 Oil Coin for 0.1129 GEL
200 Oil Coin
0.2257 GEL
Exchange 200 Oil Coin for 0.2257 GEL
500 Oil Coin
0.5644 GEL
Exchange 500 Oil Coin for 0.5644 GEL
1000 Oil Coin
1.13 GEL
Exchange 1000 Oil Coin for 1.13 GEL
5000 Oil Coin
5.64 GEL
Exchange 5000 Oil Coin for 5.64 GEL
10000 Oil Coin
11.29 GEL
Exchange 10000 Oil Coin for 11.29 GEL
In the table above, you'll find a comprehensive Oil Coin to GEL converter that shows the value of digital oil in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 Oil Coin to GEL, all the way up to 10000 Oil Coin, providing a clear view of their respective values.
Georgian Lari
digital oil
1 GEL
885.94 Oil Coin
Exchange 1 GEL for 885.94 Oil Coin
10 GEL
8,859.4 Oil Coin
Exchange 10 GEL for 8,859.4 Oil Coin
50 GEL
44,297 Oil Coin
Exchange 50 GEL for 44,297 Oil Coin
100 GEL
88,594 Oil Coin
Exchange 100 GEL for 88,594 Oil Coin
200 GEL
177,188 Oil Coin
Exchange 200 GEL for 177,188 Oil Coin
500 GEL
442,970.01 Oil Coin
Exchange 500 GEL for 442,970.01 Oil Coin
1000 GEL
885,940.01 Oil Coin
Exchange 1000 GEL for 885,940.01 Oil Coin
2000 GEL
1,771,880.02 Oil Coin
Exchange 2000 GEL for 1,771,880.02 Oil Coin
5000 GEL
4,429,700.06 Oil Coin
Exchange 5000 GEL for 4,429,700.06 Oil Coin
10000 GEL
8,859,400.12 Oil Coin
Exchange 10000 GEL for 8,859,400.12 Oil Coin
50000 GEL
44,297,000.58 Oil Coin
Exchange 50000 GEL for 44,297,000.58 Oil Coin
100000 GEL
88,594,001.15 Oil Coin
Exchange 100000 GEL for 88,594,001.15 Oil Coin
In the table above, you'll find a comprehensive GEL to Oil Coin converter that shows the value of Georgian Lari in digital oil across commonly used conversion amounts. The list covers conversions from 1 GEL to Oil Coin, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, digital oil has changed 0.00% to GEL. Based on the trend and price charts, digital oil(Oil Coin) has changed 0.00% to GEL while Georgian Lari(GEL) has changed % to Oil Coin in the last 24 hours.
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Oil Coin to GEL conversion data: Volatility and price changes of digital oil in GEL
The highest digital oil price in GEL over the past 7 days was -- GEL while the lowest digital oil price in GEL over the past 7 days was -- GEL. The relative change between the highs and lows in digital oil price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and Oil Coin to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
0 GEL
-- GEL
-- GEL
-- GEL
Low
0 GEL
-- GEL
-- GEL
-- GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
--
--
--
--
Buy
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Buy Oil Coin (or USDT) for GEL (Georgian Lari) offers
digital oil to Georgian Lari is falling this week.
digital oil's current market price is ₾0.001129 per Oil Coin, with a total market cap of ₾1,128,744.59 GEL based on a circulating supply of 1,000,000,000 Oil Coin. The trading volume of digital oil has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, Oil Coin's trading volume was ₾--.
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 digital oil currency pair is the Oil Coin to GEL, with for digital oil's currency code being Oil Coin. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 Oil Coin to Georgian Lari has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0 GEL and a low of 0 GEL . One month ago, the value of 1 Oil Coin was ₾-- GEL , which represents a --% change from its current value. Over the last year, digital oil has changed by
-₾
--GEL
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount
03:58 am today
24 hours ago
24h change
0.5 Oil Coin
₾0.0005644
₾--
0.00%
1 Oil Coin
₾0.001129
₾--
0.00%
5 Oil Coin
₾0.005644
₾--
0.00%
10 Oil Coin
₾0.01129
₾--
0.00%
50 Oil Coin
₾0.05644
₾--
0.00%
100 Oil Coin
₾0.1129
₾--
0.00%
500 Oil Coin
₾0.5644
₾--
0.00%
1000 Oil Coin
₾1.13
₾--
0.00%
Oil Coin to GEL FAQ
How much is 1 digital oil in GEL?
Right now, the price of 1 digital oil (Oil Coin) in Georgian Lari (GEL) is ₾0.001129.
How much Oil Coin can I buy for 1 GEL?
Based on the current exchange rate, you can get 885.94 Oil Coin for 1 GEL.
How do I calculate or convert Oil Coin to GEL?
You can use our Oil Coin to GEL calculator at the top of this page to convert any amount of Oil Coin to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 4,429.7 Oil Coin, while 5 Oil Coin will cost around 0.005644GEL.
What is the highest price of Oil Coin/GEL in history?
The all-time high price of 1 Oil Coin in GEL is --. It remains to be seen if the value of 1 Oil Coin/GEL will exceed the current all-time high.
What is the price trend of digital oil in GEL?
Over the past 7 days, the exchange rate of digital oil (Oil Coin) has gone down by --.
Over the last month, the exchange rate of digital oil (Oil Coin) has gone down by -- against Georgian Lari (GEL).
What factors influence the conversion rate of Oil Coin to GEL?
There are many factors that affect the relationship between digital oil 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 Oil Coin/GEL. When there is positive news in the market about the widespread adoption of Oil Coin or major technological breakthroughs, it tends to trigger market optimism and drive the rise of Oil Coin/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in Oil Coin/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 Oil Coin/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 digital oil and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular digital oil currency pairs: Oil Coin to US Dollar (USD), Oil Coin to Euro (EUR), Oil Coin to Pound Sterling (GBP), Oil Coin to Canadian Dollar (CAD), Oil Coin to Indian Rupee (INR), Oil Coin to Pakistani Rupee (PKR), Oil Coin to Brazilian Real (BRL), Oil Coin to… The price of digital oil in the US is $0.0004197 USD. Additionally, digital oil’s price is €0.0003564 EUR in the eurozone, £0.0003109 GBP in the UK, C$0.0005742 CAD in Canada, ₹0.03770 INR in India, ₨0.1176 PKR in Pakistan, R$0.002327 BRL in Brazil, and more. The most popular digital oil currency pair is the Oil Coin to Georgian Lari(GEL). The price of 1 digital oil (Oil Coin) in Georgian Lari (GEL) is ₾0.001129.
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.