Bitget converter provides IGU to GEL real-time exchange rates, making it easy to convert IguVerse (IGU) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 IGU is currently valued at 0.003560 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IGU is currently valued at 0.003560 GEL, which means buying 5 IGU would cost 0.01780 GEL. Similarly, ₾1 GEL can be converted to 280.91 IGU, and ₾50 GEL can be converted to 1,404.53 IGU, excluding any platform or gas fees.
Conversion rates
Convert IGU to GEL
Convert GEL to IGU
IguVerse
Georgian Lari
1 IGU
0.003560 GEL
Exchange 1 IGU for 0.003560 GEL
2 IGU
0.007120 GEL
Exchange 2 IGU for 0.007120 GEL
5 IGU
0.01780 GEL
Exchange 5 IGU for 0.01780 GEL
10 IGU
0.03560 GEL
Exchange 10 IGU for 0.03560 GEL
20 IGU
0.07120 GEL
Exchange 20 IGU for 0.07120 GEL
50 IGU
0.1780 GEL
Exchange 50 IGU for 0.1780 GEL
100 IGU
0.3560 GEL
Exchange 100 IGU for 0.3560 GEL
200 IGU
0.7120 GEL
Exchange 200 IGU for 0.7120 GEL
500 IGU
1.78 GEL
Exchange 500 IGU for 1.78 GEL
1000 IGU
3.56 GEL
Exchange 1000 IGU for 3.56 GEL
5000 IGU
17.8 GEL
Exchange 5000 IGU for 17.8 GEL
10000 IGU
35.6 GEL
Exchange 10000 IGU for 35.6 GEL
In the table above, you'll find a comprehensive IGU to GEL converter that shows the value of IguVerse in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 IGU to GEL, all the way up to 10000 IGU, providing a clear view of their respective values.
Georgian Lari
IguVerse
1 GEL
280.91 IGU
Exchange 1 GEL for 280.91 IGU
10 GEL
2,809.07 IGU
Exchange 10 GEL for 2,809.07 IGU
50 GEL
14,045.33 IGU
Exchange 50 GEL for 14,045.33 IGU
100 GEL
28,090.67 IGU
Exchange 100 GEL for 28,090.67 IGU
200 GEL
56,181.34 IGU
Exchange 200 GEL for 56,181.34 IGU
500 GEL
140,453.35 IGU
Exchange 500 GEL for 140,453.35 IGU
1000 GEL
280,906.7 IGU
Exchange 1000 GEL for 280,906.7 IGU
2000 GEL
561,813.4 IGU
Exchange 2000 GEL for 561,813.4 IGU
5000 GEL
1,404,533.5 IGU
Exchange 5000 GEL for 1,404,533.5 IGU
10000 GEL
2,809,066.99 IGU
Exchange 10000 GEL for 2,809,066.99 IGU
50000 GEL
14,045,334.96 IGU
Exchange 50000 GEL for 14,045,334.96 IGU
100000 GEL
28,090,669.92 IGU
Exchange 100000 GEL for 28,090,669.92 IGU
In the table above, you'll find a comprehensive GEL to IGU converter that shows the value of Georgian Lari in IguVerse across commonly used conversion amounts. The list covers conversions from 1 GEL to IGU, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, IguVerse has changed -6.61% to GEL. Based on the trend and price charts, IguVerse(IGU) has changed -6.61% to GEL while Georgian Lari(GEL) has changed % to IGU in the last 24 hours.
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IGU to GEL conversion data: Volatility and price changes of IguVerse in GEL
The highest IguVerse price in GEL over the past 7 days was 0.004269 GEL while the lowest IguVerse price in GEL over the past 7 days was 0.002616 GEL. The relative change between the highs and lows in IguVerse price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and IGU to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
IguVerse's current market price is ₾0.003560 per IGU, with a total market cap of ₾203,587.45 GEL based on a circulating supply of 57,189,080 IGU. The trading volume of IguVerse has changed by -15.69% (₾-8,562.22 GEL) in the last 24 hours. Last trading day, IGU's trading volume was ₾54,567.
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 IguVerse currency pair is the IGU to GEL, with for IguVerse's currency code being IGU. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 IGU to Georgian Lari has changed by +0.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.61%, reaching a high of 0.003937 GEL and a low of 0.003459 GEL . One month ago, the value of 1 IGU was ₾0.004514 GEL , which represents a -21.13% change from its current value. Over the last year, IguVerse has changed by
-₾
0.009097GEL
, resulting in a change of -71.88% in its value.
24 hours ago1 month ago1 year ago
Amount
14:41 today
24 hours ago
24h change
0.5 IGU
₾0.001780
₾0.001906
-6.61%
1 IGU
₾0.003560
₾0.003812
-6.61%
5 IGU
₾0.01780
₾0.01906
-6.61%
10 IGU
₾0.03560
₾0.03812
-6.61%
50 IGU
₾0.1780
₾0.1906
-6.61%
100 IGU
₾0.3560
₾0.3812
-6.61%
500 IGU
₾1.78
₾1.91
-6.61%
1000 IGU
₾3.56
₾3.81
-6.61%
IGU to GEL FAQ
How much is 1 IguVerse in GEL?
Right now, the price of 1 IguVerse (IGU) in Georgian Lari (GEL) is ₾0.003560.
How much IGU can I buy for 1 GEL?
Based on the current exchange rate, you can get 280.91 IGU for 1 GEL.
How do I calculate or convert IGU to GEL?
You can use our IGU to GEL calculator at the top of this page to convert any amount of IGU to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 1,404.53 IGU, while 5 IGU will cost around 0.01780GEL.
What is the highest price of IGU/GEL in history?
The all-time high price of 1 IGU in GEL is ₾4.69. It remains to be seen if the value of 1 IGU/GEL will exceed the current all-time high.
What is the price trend of IguVerse in GEL?
Over the past 7 days, the exchange rate of IguVerse (IGU) has gone up by 0.53%.
Over the last month, the exchange rate of IguVerse (IGU) has gone down by 21.13% against Georgian Lari (GEL).
What factors influence the conversion rate of IGU to GEL?
There are many factors that affect the relationship between IguVerse 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 IGU/GEL. When there is positive news in the market about the widespread adoption of IGU or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IGU/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IGU/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 IGU/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 IguVerse and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular IguVerse currency pairs: IGU to US Dollar (USD), IGU to Euro (EUR), IGU to Pound Sterling (GBP), IGU to Canadian Dollar (CAD), IGU to Indian Rupee (INR), IGU to Pakistani Rupee (PKR), IGU to Brazilian Real (BRL), IGU to… The price of IguVerse in the US is $0.001318 USD. Additionally, IguVerse’s price is €0.001123 EUR in the eurozone, £0.0009783 GBP in the UK, C$0.001822 CAD in Canada, ₹0.1163 INR in India, ₨0.3743 PKR in Pakistan, R$0.007029 BRL in Brazil, and more. The most popular IguVerse currency pair is the IGU to Georgian Lari(GEL). The price of 1 IguVerse (IGU) in Georgian Lari (GEL) is ₾0.003560.
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.