ELC to GEL Converter and calculator

Conversion rates
Convert ELC to GEL
Convert GEL to ELC
ELC to GEL chart
ELC to GEL conversion data: Volatility and price changes of Electric Capital in GEL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
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High | 0 GEL | -- GEL | -- GEL | -- GEL |
Low | 0 GEL | -- GEL | -- GEL | -- GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | -- | -- | -- | -- |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Electric Capital information
ELC to GEL market statistics
Current ELC to GEL exchange rate
Electric Capital to Georgian Lari is falling this week.More info about Electric Capital on Bitget
Georgian Lari 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.
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ELC to GEL Conversion tables
Amount | 20:21 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ELC | ₾0.006162 | ₾-- | 0.00% |
1 ELC | ₾0.01232 | ₾-- | 0.00% |
5 ELC | ₾0.06162 | ₾-- | 0.00% |
10 ELC | ₾0.1232 | ₾-- | 0.00% |
50 ELC | ₾0.6162 | ₾-- | 0.00% |
100 ELC | ₾1.23 | ₾-- | 0.00% |
500 ELC | ₾6.16 | ₾-- | 0.00% |
1000 ELC | ₾12.32 | ₾-- | 0.00% |
ELC to GEL FAQ
What factors influence the conversion rate of ELC to GEL?
Popular exchange rates — Crypto-to-Fiat converter
The price of Electric Capital in the US is $0.004556 USD. Additionally, Electric Capital’s price is €0.003924 EUR in the eurozone, £0.003410 GBP in the UK, C$0.006371 CAD in Canada, ₹0.3996 INR in India, ₨1.28 PKR in Pakistan, R$0.02461 BRL in Brazil, and more.
The most popular Electric Capital currency pair is the ELC to Georgian Lari(GEL). The price of 1 Electric Capital (ELC) in Georgian Lari (GEL) is ₾0.01232.
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