Bitget converter provides AAX to GEL real-time exchange rates, making it easy to convert Academic Labs (AAX) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 AAX is currently valued at 0.0009471 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 AAX is currently valued at 0.0009471 GEL, which means buying 5 AAX would cost 0.004735 GEL. Similarly, ₾1 GEL can be converted to 1,055.91 AAX, and ₾50 GEL can be converted to 5,279.55 AAX, excluding any platform or gas fees.
Conversion rates
Convert AAX to GEL
Convert GEL to AAX
Academic Labs
Georgian Lari
1 AAX
0.0009471 GEL
Exchange 1 AAX for 0.0009471 GEL
2 AAX
0.001894 GEL
Exchange 2 AAX for 0.001894 GEL
5 AAX
0.004735 GEL
Exchange 5 AAX for 0.004735 GEL
10 AAX
0.009471 GEL
Exchange 10 AAX for 0.009471 GEL
20 AAX
0.01894 GEL
Exchange 20 AAX for 0.01894 GEL
50 AAX
0.04735 GEL
Exchange 50 AAX for 0.04735 GEL
100 AAX
0.09471 GEL
Exchange 100 AAX for 0.09471 GEL
200 AAX
0.1894 GEL
Exchange 200 AAX for 0.1894 GEL
500 AAX
0.4735 GEL
Exchange 500 AAX for 0.4735 GEL
1000 AAX
0.9471 GEL
Exchange 1000 AAX for 0.9471 GEL
5000 AAX
4.74 GEL
Exchange 5000 AAX for 4.74 GEL
10000 AAX
9.47 GEL
Exchange 10000 AAX for 9.47 GEL
In the table above, you'll find a comprehensive AAX to GEL converter that shows the value of Academic Labs in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 AAX to GEL, all the way up to 10000 AAX, providing a clear view of their respective values.
Georgian Lari
Academic Labs
1 GEL
1,055.91 AAX
Exchange 1 GEL for 1,055.91 AAX
10 GEL
10,559.1 AAX
Exchange 10 GEL for 10,559.1 AAX
50 GEL
52,795.49 AAX
Exchange 50 GEL for 52,795.49 AAX
100 GEL
105,590.99 AAX
Exchange 100 GEL for 105,590.99 AAX
200 GEL
211,181.98 AAX
Exchange 200 GEL for 211,181.98 AAX
500 GEL
527,954.94 AAX
Exchange 500 GEL for 527,954.94 AAX
1000 GEL
1,055,909.88 AAX
Exchange 1000 GEL for 1,055,909.88 AAX
2000 GEL
2,111,819.77 AAX
Exchange 2000 GEL for 2,111,819.77 AAX
5000 GEL
5,279,549.42 AAX
Exchange 5000 GEL for 5,279,549.42 AAX
10000 GEL
10,559,098.85 AAX
Exchange 10000 GEL for 10,559,098.85 AAX
50000 GEL
52,795,494.23 AAX
Exchange 50000 GEL for 52,795,494.23 AAX
100000 GEL
105,590,988.46 AAX
Exchange 100000 GEL for 105,590,988.46 AAX
In the table above, you'll find a comprehensive GEL to AAX converter that shows the value of Georgian Lari in Academic Labs across commonly used conversion amounts. The list covers conversions from 1 GEL to AAX, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Academic Labs has changed +31.45% to GEL. Based on the trend and price charts, Academic Labs(AAX) has changed +31.45% to GEL while Georgian Lari(GEL) has changed % to AAX in the last 24 hours.
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AAX to GEL conversion data: Volatility and price changes of Academic Labs in GEL
The highest Academic Labs price in GEL over the past 7 days was 0.0009596 GEL while the lowest Academic Labs price in GEL over the past 7 days was 0.0006976 GEL. The relative change between the highs and lows in Academic Labs price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and AAX to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Academic Labs to Georgian Lari is rising this week.
Academic Labs's current market price is ₾0.0009471 per AAX, with a total market cap of ₾0 GEL based on a circulating supply of -- AAX. The trading volume of Academic Labs has changed by +120.22% (₾248,155.52 GEL) in the last 24 hours. Last trading day, AAX's trading volume was ₾206,410.11.
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 Academic Labs currency pair is the AAX to GEL, with for Academic Labs's currency code being AAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 AAX to Georgian Lari has changed by +9.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by +31.45%, reaching a high of 0.0009596 GEL and a low of 0.0007158 GEL . One month ago, the value of 1 AAX was ₾0.0003023 GEL , which represents a +213.22% change from its current value. Over the last year, Academic Labs has changed by
+₾
0.0009471GEL
, resulting in a change of +443.86% in its value.
24 hours ago1 month ago1 year ago
Amount
21:30 today
24 hours ago
24h change
0.5 AAX
₾0.0004735
₾0.0003602
+31.45%
1 AAX
₾0.0009471
₾0.0007205
+31.45%
5 AAX
₾0.004735
₾0.003602
+31.45%
10 AAX
₾0.009471
₾0.007205
+31.45%
50 AAX
₾0.04735
₾0.03602
+31.45%
100 AAX
₾0.09471
₾0.07205
+31.45%
500 AAX
₾0.4735
₾0.3602
+31.45%
1000 AAX
₾0.9471
₾0.7205
+31.45%
AAX to GEL FAQ
How much is 1 Academic Labs in GEL?
Right now, the price of 1 Academic Labs (AAX) in Georgian Lari (GEL) is ₾0.0009471.
How much AAX can I buy for 1 GEL?
Based on the current exchange rate, you can get 1,055.91 AAX for 1 GEL.
How do I calculate or convert AAX to GEL?
You can use our AAX to GEL calculator at the top of this page to convert any amount of AAX to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 5,279.55 AAX, while 5 AAX will cost around 0.004735GEL.
What is the highest price of AAX/GEL in history?
The all-time high price of 1 AAX in GEL is ₾0.2640. It remains to be seen if the value of 1 AAX/GEL will exceed the current all-time high.
What is the price trend of Academic Labs in GEL?
Over the past 7 days, the exchange rate of Academic Labs (AAX) has gone up by 9.92%.
Over the last month, the exchange rate of Academic Labs (AAX) has gone up by 213.22% against Georgian Lari (GEL).
What factors influence the conversion rate of AAX to GEL?
There are many factors that affect the relationship between Academic Labs 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 AAX/GEL. When there is positive news in the market about the widespread adoption of AAX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of AAX/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in AAX/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 AAX/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 Academic Labs and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Academic Labs currency pairs: AAX to US Dollar (USD), AAX to Euro (EUR), AAX to Pound Sterling (GBP), AAX to Canadian Dollar (CAD), AAX to Indian Rupee (INR), AAX to Pakistani Rupee (PKR), AAX to Brazilian Real (BRL), AAX to… The price of Academic Labs in the US is $0.0003508 USD. Additionally, Academic Labs’s price is €0.0002975 EUR in the eurozone, £0.0002588 GBP in the UK, C$0.0004839 CAD in Canada, ₹0.03093 INR in India, ₨0.09874 PKR in Pakistan, R$0.001861 BRL in Brazil, and more. The most popular Academic Labs currency pair is the AAX to Georgian Lari(GEL). The price of 1 Academic Labs (AAX) in Georgian Lari (GEL) is ₾0.0009471.
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.