Bitget converter provides ICBX to GEL real-time exchange rates, making it easy to convert ICB Network (ICBX) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 ICBX is currently valued at 0.0007451 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ICBX is currently valued at 0.0007451 GEL, which means buying 5 ICBX would cost 0.003725 GEL. Similarly, ₾1 GEL can be converted to 1,342.17 ICBX, and ₾50 GEL can be converted to 6,710.86 ICBX, excluding any platform or gas fees.
Conversion rates
Convert ICBX to GEL
Convert GEL to ICBX
ICB Network
Georgian Lari
1 ICBX
0.0007451 GEL
Exchange 1 ICBX for 0.0007451 GEL
2 ICBX
0.001490 GEL
Exchange 2 ICBX for 0.001490 GEL
5 ICBX
0.003725 GEL
Exchange 5 ICBX for 0.003725 GEL
10 ICBX
0.007451 GEL
Exchange 10 ICBX for 0.007451 GEL
20 ICBX
0.01490 GEL
Exchange 20 ICBX for 0.01490 GEL
50 ICBX
0.03725 GEL
Exchange 50 ICBX for 0.03725 GEL
100 ICBX
0.07451 GEL
Exchange 100 ICBX for 0.07451 GEL
200 ICBX
0.1490 GEL
Exchange 200 ICBX for 0.1490 GEL
500 ICBX
0.3725 GEL
Exchange 500 ICBX for 0.3725 GEL
1000 ICBX
0.7451 GEL
Exchange 1000 ICBX for 0.7451 GEL
5000 ICBX
3.73 GEL
Exchange 5000 ICBX for 3.73 GEL
10000 ICBX
7.45 GEL
Exchange 10000 ICBX for 7.45 GEL
In the table above, you'll find a comprehensive ICBX to GEL converter that shows the value of ICB Network in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 ICBX to GEL, all the way up to 10000 ICBX, providing a clear view of their respective values.
Georgian Lari
ICB Network
1 GEL
1,342.17 ICBX
Exchange 1 GEL for 1,342.17 ICBX
10 GEL
13,421.72 ICBX
Exchange 10 GEL for 13,421.72 ICBX
50 GEL
67,108.58 ICBX
Exchange 50 GEL for 67,108.58 ICBX
100 GEL
134,217.16 ICBX
Exchange 100 GEL for 134,217.16 ICBX
200 GEL
268,434.32 ICBX
Exchange 200 GEL for 268,434.32 ICBX
500 GEL
671,085.79 ICBX
Exchange 500 GEL for 671,085.79 ICBX
1000 GEL
1,342,171.59 ICBX
Exchange 1000 GEL for 1,342,171.59 ICBX
2000 GEL
2,684,343.17 ICBX
Exchange 2000 GEL for 2,684,343.17 ICBX
5000 GEL
6,710,857.93 ICBX
Exchange 5000 GEL for 6,710,857.93 ICBX
10000 GEL
13,421,715.87 ICBX
Exchange 10000 GEL for 13,421,715.87 ICBX
50000 GEL
67,108,579.35 ICBX
Exchange 50000 GEL for 67,108,579.35 ICBX
100000 GEL
134,217,158.69 ICBX
Exchange 100000 GEL for 134,217,158.69 ICBX
In the table above, you'll find a comprehensive GEL to ICBX converter that shows the value of Georgian Lari in ICB Network across commonly used conversion amounts. The list covers conversions from 1 GEL to ICBX, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, ICB Network has changed -3.47% to GEL. Based on the trend and price charts, ICB Network(ICBX) has changed -3.47% to GEL while Georgian Lari(GEL) has changed % to ICBX in the last 24 hours.
1D7D1M3M1YAll
ICBX to GEL conversion data: Volatility and price changes of ICB Network in GEL
The highest ICB Network price in GEL over the past 7 days was 0.0007732 GEL while the lowest ICB Network price in GEL over the past 7 days was 0.0005625 GEL. The relative change between the highs and lows in ICB Network price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and ICBX to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
ICB Network to Georgian Lari is falling this week.
ICB Network's current market price is ₾0.0007451 per ICBX, with a total market cap of ₾14,374,030.61 GEL based on a circulating supply of 19,292,414,000 ICBX. The trading volume of ICB Network has changed by -56.58% (₾-687,199.59 GEL) in the last 24 hours. Last trading day, ICBX's trading volume was ₾1,214,603.52.
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 ICB Network currency pair is the ICBX to GEL, with for ICB Network's currency code being ICBX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 ICBX to Georgian Lari has changed by -3.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.47%, reaching a high of 0.0007732 GEL and a low of 0.0007213 GEL . One month ago, the value of 1 ICBX was ₾0.0008961 GEL , which represents a -16.85% change from its current value. Over the last year, ICB Network has changed by
+₾
0.0007455GEL
, resulting in a change of -32.35% in its value.
24 hours ago1 month ago1 year ago
Amount
08:29 am today
24 hours ago
24h change
0.5 ICBX
₾0.0003725
₾0.0003859
-3.47%
1 ICBX
₾0.0007451
₾0.0007719
-3.47%
5 ICBX
₾0.003725
₾0.003859
-3.47%
10 ICBX
₾0.007451
₾0.007719
-3.47%
50 ICBX
₾0.03725
₾0.03859
-3.47%
100 ICBX
₾0.07451
₾0.07719
-3.47%
500 ICBX
₾0.3725
₾0.3859
-3.47%
1000 ICBX
₾0.7451
₾0.7719
-3.47%
ICBX to GEL FAQ
How much is 1 ICB Network in GEL?
Right now, the price of 1 ICB Network (ICBX) in Georgian Lari (GEL) is ₾0.0007451.
How much ICBX can I buy for 1 GEL?
Based on the current exchange rate, you can get 1,342.17 ICBX for 1 GEL.
How do I calculate or convert ICBX to GEL?
You can use our ICBX to GEL calculator at the top of this page to convert any amount of ICBX to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 6,710.86 ICBX, while 5 ICBX will cost around 0.003725GEL.
What is the highest price of ICBX/GEL in history?
The all-time high price of 1 ICBX in GEL is ₾0.002389. It remains to be seen if the value of 1 ICBX/GEL will exceed the current all-time high.
What is the price trend of ICB Network in GEL?
Over the past 7 days, the exchange rate of ICB Network (ICBX) has gone down by 3.08%.
Over the last month, the exchange rate of ICB Network (ICBX) has gone down by 16.85% against Georgian Lari (GEL).
What factors influence the conversion rate of ICBX to GEL?
There are many factors that affect the relationship between ICB Network 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 ICBX/GEL. When there is positive news in the market about the widespread adoption of ICBX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ICBX/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ICBX/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 ICBX/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 ICB Network and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular ICB Network currency pairs: ICBX to US Dollar (USD), ICBX to Euro (EUR), ICBX to Pound Sterling (GBP), ICBX to Canadian Dollar (CAD), ICBX to Indian Rupee (INR), ICBX to Pakistani Rupee (PKR), ICBX to Brazilian Real (BRL), ICBX to… The price of ICB Network in the US is $0.0002759 USD. Additionally, ICB Network’s price is €0.0002337 EUR in the eurozone, £0.0002027 GBP in the UK, C$0.0003806 CAD in Canada, ₹0.02432 INR in India, ₨0.07838 PKR in Pakistan, R$0.001465 BRL in Brazil, and more. The most popular ICB Network currency pair is the ICBX to Georgian Lari(GEL). The price of 1 ICB Network (ICBX) in Georgian Lari (GEL) is ₾0.0007451.
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.