Bitget converter provides KIBSHI to GEL real-time exchange rates, making it easy to convert KiboShib (KIBSHI) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 KIBSHI is currently valued at 0.{4}3132 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 KIBSHI is currently valued at 0.{4}3132 GEL, which means buying 5 KIBSHI would cost 0.0001566 GEL. Similarly, ₾1 GEL can be converted to 31,930.81 KIBSHI, and ₾50 GEL can be converted to 159,654.04 KIBSHI, excluding any platform or gas fees.
Conversion rates
Convert KIBSHI to GEL
Convert GEL to KIBSHI
KiboShib
Georgian Lari
1 KIBSHI
0.{4}3132 GEL
Exchange 1 KIBSHI for 0.{4}3132 GEL
2 KIBSHI
0.{4}6264 GEL
Exchange 2 KIBSHI for 0.{4}6264 GEL
5 KIBSHI
0.0001566 GEL
Exchange 5 KIBSHI for 0.0001566 GEL
10 KIBSHI
0.0003132 GEL
Exchange 10 KIBSHI for 0.0003132 GEL
20 KIBSHI
0.0006264 GEL
Exchange 20 KIBSHI for 0.0006264 GEL
50 KIBSHI
0.001566 GEL
Exchange 50 KIBSHI for 0.001566 GEL
100 KIBSHI
0.003132 GEL
Exchange 100 KIBSHI for 0.003132 GEL
200 KIBSHI
0.006264 GEL
Exchange 200 KIBSHI for 0.006264 GEL
500 KIBSHI
0.01566 GEL
Exchange 500 KIBSHI for 0.01566 GEL
1000 KIBSHI
0.03132 GEL
Exchange 1000 KIBSHI for 0.03132 GEL
5000 KIBSHI
0.1566 GEL
Exchange 5000 KIBSHI for 0.1566 GEL
10000 KIBSHI
0.3132 GEL
Exchange 10000 KIBSHI for 0.3132 GEL
In the table above, you'll find a comprehensive KIBSHI to GEL converter that shows the value of KiboShib in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 KIBSHI to GEL, all the way up to 10000 KIBSHI, providing a clear view of their respective values.
Georgian Lari
KiboShib
1 GEL
31,930.81 KIBSHI
Exchange 1 GEL for 31,930.81 KIBSHI
10 GEL
319,308.09 KIBSHI
Exchange 10 GEL for 319,308.09 KIBSHI
50 GEL
1,596,540.45 KIBSHI
Exchange 50 GEL for 1,596,540.45 KIBSHI
100 GEL
3,193,080.9 KIBSHI
Exchange 100 GEL for 3,193,080.9 KIBSHI
200 GEL
6,386,161.79 KIBSHI
Exchange 200 GEL for 6,386,161.79 KIBSHI
500 GEL
15,965,404.48 KIBSHI
Exchange 500 GEL for 15,965,404.48 KIBSHI
1000 GEL
31,930,808.95 KIBSHI
Exchange 1000 GEL for 31,930,808.95 KIBSHI
2000 GEL
63,861,617.9 KIBSHI
Exchange 2000 GEL for 63,861,617.9 KIBSHI
5000 GEL
159,654,044.76 KIBSHI
Exchange 5000 GEL for 159,654,044.76 KIBSHI
10000 GEL
319,308,089.51 KIBSHI
Exchange 10000 GEL for 319,308,089.51 KIBSHI
50000 GEL
1,596,540,447.56 KIBSHI
Exchange 50000 GEL for 1,596,540,447.56 KIBSHI
100000 GEL
3,193,080,895.13 KIBSHI
Exchange 100000 GEL for 3,193,080,895.13 KIBSHI
In the table above, you'll find a comprehensive GEL to KIBSHI converter that shows the value of Georgian Lari in KiboShib across commonly used conversion amounts. The list covers conversions from 1 GEL to KIBSHI, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, KiboShib has changed -10.95% to GEL. Based on the trend and price charts, KiboShib(KIBSHI) has changed -10.95% to GEL while Georgian Lari(GEL) has changed % to KIBSHI in the last 24 hours.
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KIBSHI to GEL conversion data: Volatility and price changes of KiboShib in GEL
The highest KiboShib price in GEL over the past 7 days was 0.{4}4647 GEL while the lowest KiboShib price in GEL over the past 7 days was 0.{4}3009 GEL. The relative change between the highs and lows in KiboShib price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and KIBSHI to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
0.{4}3555 GEL
0.{4}4647 GEL
0.{4}7311 GEL
0.0001062 GEL
Low
0.{4}3009 GEL
0.{4}3009 GEL
0.{4}3009 GEL
0.{4}2165 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-10.95%
-17.81%
-21.65%
-22.91%
Buy
Sell
Buy KIBSHI (or USDT) for GEL (Georgian Lari) offers
KiboShib's current market price is ₾0.{4}3132 per KIBSHI, with a total market cap of ₾31,317,715.84 GEL based on a circulating supply of 1,000,000,000,000 KIBSHI. The trading volume of KiboShib has changed by -78.33% (₾-570,261.33 GEL) in the last 24 hours. Last trading day, KIBSHI's trading volume was ₾728,055.77.
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 KiboShib currency pair is the KIBSHI to GEL, with for KiboShib's currency code being KIBSHI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 KIBSHI to Georgian Lari has changed by -17.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.95%, reaching a high of 0.{4}3555 GEL and a low of 0.{4}3009 GEL . One month ago, the value of 1 KIBSHI was ₾0.{4}3997 GEL , which represents a -21.65% change from its current value. Over the last year, KiboShib has changed by
+₾
0.{4}2215GEL
, resulting in a change of +241.99% in its value.
24 hours ago1 month ago1 year ago
Amount
01:16 am today
24 hours ago
24h change
0.5 KIBSHI
₾0.{4}1566
₾0.{4}1758
-10.95%
1 KIBSHI
₾0.{4}3132
₾0.{4}3517
-10.95%
5 KIBSHI
₾0.0001566
₾0.0001758
-10.95%
10 KIBSHI
₾0.0003132
₾0.0003517
-10.95%
50 KIBSHI
₾0.001566
₾0.001758
-10.95%
100 KIBSHI
₾0.003132
₾0.003517
-10.95%
500 KIBSHI
₾0.01566
₾0.01758
-10.95%
1000 KIBSHI
₾0.03132
₾0.03517
-10.95%
KIBSHI to GEL FAQ
How much is 1 KiboShib in GEL?
Right now, the price of 1 KiboShib (KIBSHI) in Georgian Lari (GEL) is ₾0.{4}3132.
How much KIBSHI can I buy for 1 GEL?
Based on the current exchange rate, you can get 31,930.81 KIBSHI for 1 GEL.
How do I calculate or convert KIBSHI to GEL?
You can use our KIBSHI to GEL calculator at the top of this page to convert any amount of KIBSHI to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 159,654.04 KIBSHI, while 5 KIBSHI will cost around 0.0001566GEL.
What is the highest price of KIBSHI/GEL in history?
The all-time high price of 1 KIBSHI in GEL is ₾0.0001284. It remains to be seen if the value of 1 KIBSHI/GEL will exceed the current all-time high.
What is the price trend of KiboShib in GEL?
Over the past 7 days, the exchange rate of KiboShib (KIBSHI) has gone down by 17.81%.
Over the last month, the exchange rate of KiboShib (KIBSHI) has gone down by 21.65% against Georgian Lari (GEL).
What factors influence the conversion rate of KIBSHI to GEL?
There are many factors that affect the relationship between KiboShib 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 KIBSHI/GEL. When there is positive news in the market about the widespread adoption of KIBSHI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of KIBSHI/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in KIBSHI/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 KIBSHI/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 KiboShib and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular KiboShib currency pairs: KIBSHI to US Dollar (USD), KIBSHI to Euro (EUR), KIBSHI to Pound Sterling (GBP), KIBSHI to Canadian Dollar (CAD), KIBSHI to Indian Rupee (INR), KIBSHI to Pakistani Rupee (PKR), KIBSHI to Brazilian Real (BRL), KIBSHI to… The price of KiboShib in the US is $0.{4}1160 USD. Additionally, KiboShib’s price is €0.{5}9818 EUR in the eurozone, £0.{5}8509 GBP in the UK, C$0.{4}1598 CAD in Canada, ₹0.001020 INR in India, ₨0.003281 PKR in Pakistan, R$0.{4}6159 BRL in Brazil, and more. The most popular KiboShib currency pair is the KIBSHI to Georgian Lari(GEL). The price of 1 KiboShib (KIBSHI) in Georgian Lari (GEL) is ₾0.{4}3132.
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.