Bitget converter provides Blum to GEL real-time exchange rates, making it easy to convert Blum (Blum) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 Blum is currently valued at 0.1288 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 Blum is currently valued at 0.1288 GEL, which means buying 5 Blum would cost 0.6438 GEL. Similarly, ₾1 GEL can be converted to 7.77 Blum, and ₾50 GEL can be converted to 38.83 Blum, excluding any platform or gas fees.
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Conversion rates
Convert Blum to GEL
Convert GEL to Blum
Blum
Georgian Lari
1 Blum
0.1288 GEL
Exchange 1 Blum for 0.1288 GEL
2 Blum
0.2575 GEL
Exchange 2 Blum for 0.2575 GEL
5 Blum
0.6438 GEL
Exchange 5 Blum for 0.6438 GEL
10 Blum
1.29 GEL
Exchange 10 Blum for 1.29 GEL
20 Blum
2.58 GEL
Exchange 20 Blum for 2.58 GEL
50 Blum
6.44 GEL
Exchange 50 Blum for 6.44 GEL
100 Blum
12.88 GEL
Exchange 100 Blum for 12.88 GEL
200 Blum
25.75 GEL
Exchange 200 Blum for 25.75 GEL
500 Blum
64.38 GEL
Exchange 500 Blum for 64.38 GEL
1000 Blum
128.76 GEL
Exchange 1000 Blum for 128.76 GEL
5000 Blum
643.82 GEL
Exchange 5000 Blum for 643.82 GEL
10000 Blum
1,287.63 GEL
Exchange 10000 Blum for 1,287.63 GEL
In the table above, you'll find a comprehensive Blum to GEL converter that shows the value of Blum in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 Blum to GEL, all the way up to 10000 Blum, providing a clear view of their respective values.
Georgian Lari
Blum
1 GEL
7.77 Blum
Exchange 1 GEL for 7.77 Blum
10 GEL
77.66 Blum
Exchange 10 GEL for 77.66 Blum
50 GEL
388.31 Blum
Exchange 50 GEL for 388.31 Blum
100 GEL
776.62 Blum
Exchange 100 GEL for 776.62 Blum
200 GEL
1,553.24 Blum
Exchange 200 GEL for 1,553.24 Blum
500 GEL
3,883.1 Blum
Exchange 500 GEL for 3,883.1 Blum
1000 GEL
7,766.21 Blum
Exchange 1000 GEL for 7,766.21 Blum
2000 GEL
15,532.41 Blum
Exchange 2000 GEL for 15,532.41 Blum
5000 GEL
38,831.03 Blum
Exchange 5000 GEL for 38,831.03 Blum
10000 GEL
77,662.06 Blum
Exchange 10000 GEL for 77,662.06 Blum
50000 GEL
388,310.31 Blum
Exchange 50000 GEL for 388,310.31 Blum
100000 GEL
776,620.61 Blum
Exchange 100000 GEL for 776,620.61 Blum
In the table above, you'll find a comprehensive GEL to Blum converter that shows the value of Georgian Lari in Blum across commonly used conversion amounts. The list covers conversions from 1 GEL to Blum, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Blum has changed +2.48% to GEL. Based on the trend and price charts, Blum(Blum) has changed +2.48% to GEL while Georgian Lari(GEL) has changed % to Blum in the last 24 hours.
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Blum to GEL conversion data: Volatility and price changes of Blum in GEL
The highest Blum price in GEL over the past 7 days was 0.1551 GEL while the lowest Blum price in GEL over the past 7 days was 0.1182 GEL. The relative change between the highs and lows in Blum price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and Blum to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Blum's current market price is ₾0.1288 per Blum, with a total market cap of ₾-- GEL based on a circulating supply of -- Blum. The trading volume of Blum has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, Blum'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 Blum currency pair is the Blum to GEL, with for Blum's currency code being Blum. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 Blum to Georgian Lari has changed by -12.47% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.48%, reaching a high of 0.1288 GEL and a low of 0.1211 GEL . One month ago, the value of 1 Blum was ₾0.1276 GEL , which represents a +0.90% change from its current value. Over the last year, Blum has changed by
+₾
0.1001GEL
, resulting in a change of +370.90% in its value.
24 hours ago1 month ago1 year ago
Amount
13:53 today
24 hours ago
24h change
0.5 Blum
₾0.06438
₾0.06284
+2.48%
1 Blum
₾0.1288
₾0.1257
+2.48%
5 Blum
₾0.6438
₾0.6284
+2.48%
10 Blum
₾1.29
₾1.26
+2.48%
50 Blum
₾6.44
₾6.28
+2.48%
100 Blum
₾12.88
₾12.57
+2.48%
500 Blum
₾64.38
₾62.84
+2.48%
1000 Blum
₾128.76
₾125.69
+2.48%
Blum to GEL FAQ
How much is 1 Blum in GEL?
Right now, the price of 1 Blum (Blum) in Georgian Lari (GEL) is ₾0.1288.
How much Blum can I buy for 1 GEL?
Based on the current exchange rate, you can get 7.77 Blum for 1 GEL.
How do I calculate or convert Blum to GEL?
You can use our Blum to GEL calculator at the top of this page to convert any amount of Blum to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 38.83 Blum, while 5 Blum will cost around 0.6438GEL.
What is the highest price of Blum/GEL in history?
The all-time high price of 1 Blum in GEL is ₾0.5103. It remains to be seen if the value of 1 Blum/GEL will exceed the current all-time high.
What is the price trend of Blum in GEL?
Over the past 7 days, the exchange rate of Blum (Blum) has gone down by 12.47%.
Over the last month, the exchange rate of Blum (Blum) has gone up by 0.90% against Georgian Lari (GEL).
What factors influence the conversion rate of Blum to GEL?
There are many factors that affect the relationship between Blum 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 Blum/GEL. When there is positive news in the market about the widespread adoption of Blum or major technological breakthroughs, it tends to trigger market optimism and drive the rise of Blum/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in Blum/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 Blum/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 Blum and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Blum currency pairs: Blum to US Dollar (USD), Blum to Euro (EUR), Blum to Pound Sterling (GBP), Blum to Canadian Dollar (CAD), Blum to Indian Rupee (INR), Blum to Pakistani Rupee (PKR), Blum to Brazilian Real (BRL), Blum to… The price of Blum in the US is $0.04769 USD. Additionally, Blum’s price is €0.04115 EUR in the eurozone, £0.03590 GBP in the UK, C$0.06582 CAD in Canada, ₹4.16 INR in India, ₨13.32 PKR in Pakistan, R$0.2643 BRL in Brazil, and more. The most popular Blum currency pair is the Blum to Georgian Lari(GEL). The price of 1 Blum (Blum) in Georgian Lari (GEL) is ₾0.1288.
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.