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Validity to Georgian Lari (VAL to GEL)

VAL to GEL Converter and calculator

VAL/GEL: 1 VAL = 1.23 GEL. The price of converting 1 Validity (VAL) to Georgian Lari (GEL) is 1.23 GEL today.
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VAL
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VAL to GEL real-time exchange rates, making it easy to convert Validity (VAL) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 VAL is currently valued at 1.23 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VAL is currently valued at 1.23 GEL, which means buying 5 VAL would cost 6.17 GEL. Similarly, ₾1 GEL can be converted to 0.8099 VAL, and ₾50 GEL can be converted to 4.05 VAL, excluding any platform or gas fees.

Convert VAL to GEL

Convert GEL to VAL

Validity
Georgian Lari
1 VAL
1.23  GEL
Exchange 1 VAL for 1.23 GEL
2 VAL
2.47  GEL
Exchange 2 VAL for 2.47 GEL
5 VAL
6.17  GEL
Exchange 5 VAL for 6.17 GEL
10 VAL
12.35  GEL
Exchange 10 VAL for 12.35 GEL
20 VAL
24.69  GEL
Exchange 20 VAL for 24.69 GEL
50 VAL
61.73  GEL
Exchange 50 VAL for 61.73 GEL
100 VAL
123.47  GEL
Exchange 100 VAL for 123.47 GEL
200 VAL
246.93  GEL
Exchange 200 VAL for 246.93 GEL
500 VAL
617.33  GEL
Exchange 500 VAL for 617.33 GEL
1000 VAL
1,234.67  GEL
Exchange 1000 VAL for 1,234.67 GEL
5000 VAL
6,173.33  GEL
Exchange 5000 VAL for 6,173.33 GEL
10000 VAL
12,346.66  GEL
Exchange 10000 VAL for 12,346.66 GEL
In the table above, you'll find a comprehensive VAL to GEL converter that shows the value of Validity in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 VAL to GEL, all the way up to 10000 VAL, providing a clear view of their respective values.
Georgian Lari
Validity
1 GEL
0.8099 VAL
Exchange 1 GEL for 0.8099 VAL
10 GEL
8.1 VAL
Exchange 10 GEL for 8.1 VAL
50 GEL
40.5 VAL
Exchange 50 GEL for 40.5 VAL
100 GEL
80.99 VAL
Exchange 100 GEL for 80.99 VAL
200 GEL
161.99 VAL
Exchange 200 GEL for 161.99 VAL
500 GEL
404.97 VAL
Exchange 500 GEL for 404.97 VAL
1000 GEL
809.94 VAL
Exchange 1000 GEL for 809.94 VAL
2000 GEL
1,619.87 VAL
Exchange 2000 GEL for 1,619.87 VAL
5000 GEL
4,049.68 VAL
Exchange 5000 GEL for 4,049.68 VAL
10000 GEL
8,099.36 VAL
Exchange 10000 GEL for 8,099.36 VAL
50000 GEL
40,496.79 VAL
Exchange 50000 GEL for 40,496.79 VAL
100000 GEL
80,993.57 VAL
Exchange 100000 GEL for 80,993.57 VAL
In the table above, you'll find a comprehensive GEL to VAL converter that shows the value of Georgian Lari in Validity across commonly used conversion amounts. The list covers conversions from 1 GEL to VAL, all the way up to 100000 GEL, providing a clear view of their respective values.

VAL to GEL chart

VAL/GEL: 1 VAL = 1.23 GEL; 2026/01/01 16:22:30
In the past 1D, Validity has changed -2.15% to GEL. Based on the trend and price charts, Validity(VAL) has changed -2.15% to GEL while Georgian Lari(GEL) has changed % to VAL in the last 24 hours.
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VAL to GEL conversion data: Volatility and price changes of in GEL

The highest price in GEL over the past 7 days was 1.37 GEL while the lowest price in GEL over the past 7 days was 1.22 GEL. The relative change between the highs and lows in price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and VAL 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
1.29 GEL
1.37 GEL
1.89 GEL
3.9 GEL
Low
1.23 GEL
1.22 GEL
1.22 GEL
1.22 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-2.15%
-7.94%
-18.57%
-29.08%

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Bitget P2P trading does not currently support direct buying of VAL with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy VAL with USDT via Bitget spot market.
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Validity information

VAL to GEL market statistics

VAL/GEL:
₾1.23
VAL 24h volume:
₾223,347.62
VAL market cap:
₾6,298,048.98
VAL circulating supply:
5.10M VAL

Current VAL to GEL exchange rate

Validity to Georgian Lari is falling this week.
Validity's current market price is ₾1.23 per VAL, with a total market cap of ₾6,298,048.98 GEL based on a circulating supply of 5,101,014.5 VAL. The trading volume of Validity has changed by -18.04% (₾-49,172.09 GEL) in the last 24 hours. Last trading day, VAL's trading volume was ₾272,519.71.

More info about Validity 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.

Bitget crypto-to-fiat exchange data shows that the most popular Validity currency pair is the VAL to GEL, with for Validity's currency code being VAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

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How to convert VAL to GEL

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VAL to GEL Conversion tables

The exchange rate of Validity is decreasing.
The exchange rate of 1 VAL to Georgian Lari has changed by -7.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.15%, reaching a high of 1.29 GEL and a low of 1.23 GEL . One month ago, the value of 1 VAL was ₾1.52 GEL , which represents a -18.57% change from its current value. Over the last year, Validity has changed by
-
1.16GEL
, resulting in a change of -48.40% in its value.
24 hours ago1 month ago1 year ago
Amount 16:22 today 24 hours ago 24h change
0.5 VAL
₾0.6173₾0.6309
-2.15%
1 VAL
₾1.23₾1.26
-2.15%
5 VAL
₾6.17₾6.31
-2.15%
10 VAL
₾12.35₾12.62
-2.15%
50 VAL
₾61.73₾63.09
-2.15%
100 VAL
₾123.47₾126.18
-2.15%
500 VAL
₾617.33₾630.89
-2.15%
1000 VAL
₾1,234.67₾1,261.78
-2.15%

VAL to GEL FAQ

How much is 1 Validity in GEL?
Right now, the price of 1 Validity (VAL) in Georgian Lari (GEL) is ₾1.23.
How much VAL can I buy for 1 GEL?
Based on the current exchange rate, you can get 0.8099 VAL for 1 GEL.
How do I calculate or convert VAL to GEL?
You can use our VAL to GEL calculator at the top of this page to convert any amount of VAL to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 4.05 VAL, while 5 VAL will cost around 6.17GEL.
What is the highest price of VAL/GEL in history?
The all-time high price of 1 VAL in GEL is ₾58.57. It remains to be seen if the value of 1 VAL/GEL will exceed the current all-time high.
What is the price trend of in GEL?
Over the past 7 days, the exchange rate of Validity (VAL) has gone down by 7.94%.   Over the last month, the exchange rate of Validity (VAL) has gone down by 18.57% against Georgian Lari (GEL).

What factors influence the conversion rate of VAL to GEL?

There are many factors that affect the relationship between Validity 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 VAL/GEL. When there is positive news in the market about the widespread adoption of VAL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VAL/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VAL/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 VAL/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 Validity and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Validity currency pairs: VAL to US Dollar (USD), VAL to Euro (EUR), VAL to Pound Sterling (GBP), VAL to Canadian Dollar (CAD), VAL to Indian Rupee (INR), VAL to Pakistani Rupee (PKR), VAL to Brazilian Real (BRL), VAL to…
The price of Validity in the US is $0.4581 USD. Additionally, Validity’s price is €0.3905 EUR in the eurozone, £0.3407 GBP in the UK, C$0.6288 CAD in Canada, ₹41.22 INR in India, ₨128.38 PKR in Pakistan, R$2.53 BRL in Brazil, and more.
The most popular Validity currency pair is the VAL to Georgian Lari(GEL). The price of 1 Validity (VAL) in Georgian Lari (GEL) is ₾1.23.

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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.
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