Bitget converter provides NUUM to GEL real-time exchange rates, making it easy to convert MNet (NUUM) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 NUUM is currently valued at 0.005762 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NUUM is currently valued at 0.005762 GEL, which means buying 5 NUUM would cost 0.02881 GEL. Similarly, ₾1 GEL can be converted to 173.55 NUUM, and ₾50 GEL can be converted to 867.77 NUUM, excluding any platform or gas fees.
Conversion rates
Convert NUUM to GEL
Convert GEL to NUUM
MNet
Georgian Lari
1 NUUM
0.005762 GEL
Exchange 1 NUUM for 0.005762 GEL
2 NUUM
0.01152 GEL
Exchange 2 NUUM for 0.01152 GEL
5 NUUM
0.02881 GEL
Exchange 5 NUUM for 0.02881 GEL
10 NUUM
0.05762 GEL
Exchange 10 NUUM for 0.05762 GEL
20 NUUM
0.1152 GEL
Exchange 20 NUUM for 0.1152 GEL
50 NUUM
0.2881 GEL
Exchange 50 NUUM for 0.2881 GEL
100 NUUM
0.5762 GEL
Exchange 100 NUUM for 0.5762 GEL
200 NUUM
1.15 GEL
Exchange 200 NUUM for 1.15 GEL
500 NUUM
2.88 GEL
Exchange 500 NUUM for 2.88 GEL
1000 NUUM
5.76 GEL
Exchange 1000 NUUM for 5.76 GEL
5000 NUUM
28.81 GEL
Exchange 5000 NUUM for 28.81 GEL
10000 NUUM
57.62 GEL
Exchange 10000 NUUM for 57.62 GEL
In the table above, you'll find a comprehensive NUUM to GEL converter that shows the value of MNet in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 NUUM to GEL, all the way up to 10000 NUUM, providing a clear view of their respective values.
Georgian Lari
MNet
1 GEL
173.55 NUUM
Exchange 1 GEL for 173.55 NUUM
10 GEL
1,735.54 NUUM
Exchange 10 GEL for 1,735.54 NUUM
50 GEL
8,677.72 NUUM
Exchange 50 GEL for 8,677.72 NUUM
100 GEL
17,355.44 NUUM
Exchange 100 GEL for 17,355.44 NUUM
200 GEL
34,710.88 NUUM
Exchange 200 GEL for 34,710.88 NUUM
500 GEL
86,777.21 NUUM
Exchange 500 GEL for 86,777.21 NUUM
1000 GEL
173,554.41 NUUM
Exchange 1000 GEL for 173,554.41 NUUM
2000 GEL
347,108.82 NUUM
Exchange 2000 GEL for 347,108.82 NUUM
5000 GEL
867,772.05 NUUM
Exchange 5000 GEL for 867,772.05 NUUM
10000 GEL
1,735,544.11 NUUM
Exchange 10000 GEL for 1,735,544.11 NUUM
50000 GEL
8,677,720.54 NUUM
Exchange 50000 GEL for 8,677,720.54 NUUM
100000 GEL
17,355,441.08 NUUM
Exchange 100000 GEL for 17,355,441.08 NUUM
In the table above, you'll find a comprehensive GEL to NUUM converter that shows the value of Georgian Lari in MNet across commonly used conversion amounts. The list covers conversions from 1 GEL to NUUM, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, MNet has changed -0.03% to GEL. Based on the trend and price charts, MNet(NUUM) has changed -0.03% to GEL while Georgian Lari(GEL) has changed % to NUUM in the last 24 hours.
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NUUM to GEL conversion data: Volatility and price changes of MNet in GEL
The highest MNet price in GEL over the past 7 days was 0.006224 GEL while the lowest MNet price in GEL over the past 7 days was 0.005609 GEL. The relative change between the highs and lows in MNet price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and NUUM to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
MNet's current market price is ₾0.005762 per NUUM, with a total market cap of ₾0 GEL based on a circulating supply of -- NUUM. The trading volume of MNet has changed by -93.69% (₾-35,784.34 GEL) in the last 24 hours. Last trading day, NUUM's trading volume was ₾38,195.18.
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 MNet currency pair is the NUUM to GEL, with for MNet's currency code being NUUM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 NUUM to Georgian Lari has changed by -1.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.03%, reaching a high of 0.005955 GEL and a low of 0.005804 GEL . One month ago, the value of 1 NUUM was ₾0.004808 GEL , which represents a +19.58% change from its current value. Over the last year, MNet has changed by
-₾
0.05508GEL
, resulting in a change of -90.44% in its value.
24 hours ago1 month ago1 year ago
Amount
00:51 am today
24 hours ago
24h change
0.5 NUUM
₾0.002881
₾0.002882
-0.03%
1 NUUM
₾0.005762
₾0.005764
-0.03%
5 NUUM
₾0.02881
₾0.02882
-0.03%
10 NUUM
₾0.05762
₾0.05764
-0.03%
50 NUUM
₾0.2881
₾0.2882
-0.03%
100 NUUM
₾0.5762
₾0.5764
-0.03%
500 NUUM
₾2.88
₾2.88
-0.03%
1000 NUUM
₾5.76
₾5.76
-0.03%
NUUM to GEL FAQ
How much is 1 MNet in GEL?
Right now, the price of 1 MNet (NUUM) in Georgian Lari (GEL) is ₾0.005762.
How much NUUM can I buy for 1 GEL?
Based on the current exchange rate, you can get 173.55 NUUM for 1 GEL.
How do I calculate or convert NUUM to GEL?
You can use our NUUM to GEL calculator at the top of this page to convert any amount of NUUM to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 867.77 NUUM, while 5 NUUM will cost around 0.02881GEL.
What is the highest price of NUUM/GEL in history?
The all-time high price of 1 NUUM in GEL is ₾1.64. It remains to be seen if the value of 1 NUUM/GEL will exceed the current all-time high.
What is the price trend of MNet in GEL?
Over the past 7 days, the exchange rate of MNet (NUUM) has gone down by 1.79%.
Over the last month, the exchange rate of MNet (NUUM) has gone up by 19.58% against Georgian Lari (GEL).
What factors influence the conversion rate of NUUM to GEL?
There are many factors that affect the relationship between MNet 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 NUUM/GEL. When there is positive news in the market about the widespread adoption of NUUM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NUUM/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NUUM/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 NUUM/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 MNet and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular MNet currency pairs: NUUM to US Dollar (USD), NUUM to Euro (EUR), NUUM to Pound Sterling (GBP), NUUM to Canadian Dollar (CAD), NUUM to Indian Rupee (INR), NUUM to Pakistani Rupee (PKR), NUUM to Brazilian Real (BRL), NUUM to… The price of MNet in the US is $0.002122 USD. Additionally, MNet’s price is €0.001806 EUR in the eurozone, £0.001575 GBP in the UK, C$0.002924 CAD in Canada, ₹0.1869 INR in India, ₨0.6028 PKR in Pakistan, R$0.01130 BRL in Brazil, and more. The most popular MNet currency pair is the NUUM to Georgian Lari(GEL). The price of 1 MNet (NUUM) in Georgian Lari (GEL) is ₾0.005762.
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.