Bitget converter provides MONKE to GEL real-time exchange rates, making it easy to convert MONKE (MONKE) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 MONKE is currently valued at 0.0005931 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MONKE is currently valued at 0.0005931 GEL, which means buying 5 MONKE would cost 0.002965 GEL. Similarly, ₾1 GEL can be converted to 1,686.14 MONKE, and ₾50 GEL can be converted to 8,430.71 MONKE, excluding any platform or gas fees.
Conversion rates
Convert MONKE to GEL
Convert GEL to MONKE
MONKE
Georgian Lari
1 MONKE
0.0005931 GEL
Exchange 1 MONKE for 0.0005931 GEL
2 MONKE
0.001186 GEL
Exchange 2 MONKE for 0.001186 GEL
5 MONKE
0.002965 GEL
Exchange 5 MONKE for 0.002965 GEL
10 MONKE
0.005931 GEL
Exchange 10 MONKE for 0.005931 GEL
20 MONKE
0.01186 GEL
Exchange 20 MONKE for 0.01186 GEL
50 MONKE
0.02965 GEL
Exchange 50 MONKE for 0.02965 GEL
100 MONKE
0.05931 GEL
Exchange 100 MONKE for 0.05931 GEL
200 MONKE
0.1186 GEL
Exchange 200 MONKE for 0.1186 GEL
500 MONKE
0.2965 GEL
Exchange 500 MONKE for 0.2965 GEL
1000 MONKE
0.5931 GEL
Exchange 1000 MONKE for 0.5931 GEL
5000 MONKE
2.97 GEL
Exchange 5000 MONKE for 2.97 GEL
10000 MONKE
5.93 GEL
Exchange 10000 MONKE for 5.93 GEL
In the table above, you'll find a comprehensive MONKE to GEL converter that shows the value of MONKE in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 MONKE to GEL, all the way up to 10000 MONKE, providing a clear view of their respective values.
Georgian Lari
MONKE
1 GEL
1,686.14 MONKE
Exchange 1 GEL for 1,686.14 MONKE
10 GEL
16,861.42 MONKE
Exchange 10 GEL for 16,861.42 MONKE
50 GEL
84,307.08 MONKE
Exchange 50 GEL for 84,307.08 MONKE
100 GEL
168,614.16 MONKE
Exchange 100 GEL for 168,614.16 MONKE
200 GEL
337,228.32 MONKE
Exchange 200 GEL for 337,228.32 MONKE
500 GEL
843,070.8 MONKE
Exchange 500 GEL for 843,070.8 MONKE
1000 GEL
1,686,141.6 MONKE
Exchange 1000 GEL for 1,686,141.6 MONKE
2000 GEL
3,372,283.2 MONKE
Exchange 2000 GEL for 3,372,283.2 MONKE
5000 GEL
8,430,708 MONKE
Exchange 5000 GEL for 8,430,708 MONKE
10000 GEL
16,861,416 MONKE
Exchange 10000 GEL for 16,861,416 MONKE
50000 GEL
84,307,080.02 MONKE
Exchange 50000 GEL for 84,307,080.02 MONKE
100000 GEL
168,614,160.05 MONKE
Exchange 100000 GEL for 168,614,160.05 MONKE
In the table above, you'll find a comprehensive GEL to MONKE converter that shows the value of Georgian Lari in MONKE across commonly used conversion amounts. The list covers conversions from 1 GEL to MONKE, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, MONKE has changed -1.87% to GEL. Based on the trend and price charts, MONKE(MONKE) has changed -1.87% to GEL while Georgian Lari(GEL) has changed % to MONKE in the last 24 hours.
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MONKE to GEL conversion data: Volatility and price changes of MONKE in GEL
The highest MONKE price in GEL over the past 7 days was 0.0006710 GEL while the lowest MONKE price in GEL over the past 7 days was 0.0005856 GEL. The relative change between the highs and lows in MONKE price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and MONKE 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
0.0006058 GEL
0.0006710 GEL
0.001271 GEL
0.2691 GEL
Low
0.0005931 GEL
0.0005856 GEL
0.0004811 GEL
0.0004811 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-1.87%
-4.86%
+19.36%
-99.66%
Buy
Sell
Buy MONKE (or USDT) for GEL (Georgian Lari) offers
MONKE's current market price is ₾0.0005931 per MONKE, with a total market cap of ₾0 GEL based on a circulating supply of -- MONKE. The trading volume of MONKE has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, MONKE's trading volume was ₾0.
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 MONKE currency pair is the MONKE to GEL, with for MONKE's currency code being MONKE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 MONKE to Georgian Lari has changed by -4.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.87%, reaching a high of 0.0006058 GEL and a low of 0.0005931 GEL . One month ago, the value of 1 MONKE was ₾0.0004969 GEL , which represents a +19.36% change from its current value. Over the last year, MONKE has changed by
+₾
0.0005931GEL
, resulting in a change of -99.66% in its value.
24 hours ago1 month ago1 year ago
Amount
21:39 today
24 hours ago
24h change
0.5 MONKE
₾0.0002965
₾0.0003022
-1.87%
1 MONKE
₾0.0005931
₾0.0006043
-1.87%
5 MONKE
₾0.002965
₾0.003022
-1.87%
10 MONKE
₾0.005931
₾0.006043
-1.87%
50 MONKE
₾0.02965
₾0.03022
-1.87%
100 MONKE
₾0.05931
₾0.06043
-1.87%
500 MONKE
₾0.2965
₾0.3022
-1.87%
1000 MONKE
₾0.5931
₾0.6043
-1.87%
MONKE to GEL FAQ
How much is 1 MONKE in GEL?
Right now, the price of 1 MONKE (MONKE) in Georgian Lari (GEL) is ₾0.0005931.
How much MONKE can I buy for 1 GEL?
Based on the current exchange rate, you can get 1,686.14 MONKE for 1 GEL.
How do I calculate or convert MONKE to GEL?
You can use our MONKE to GEL calculator at the top of this page to convert any amount of MONKE to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 8,430.71 MONKE, while 5 MONKE will cost around 0.002965GEL.
What is the highest price of MONKE/GEL in history?
The all-time high price of 1 MONKE in GEL is ₾0.2691. It remains to be seen if the value of 1 MONKE/GEL will exceed the current all-time high.
What is the price trend of MONKE in GEL?
Over the past 7 days, the exchange rate of MONKE (MONKE) has gone down by 4.86%.
Over the last month, the exchange rate of MONKE (MONKE) has gone up by 19.36% against Georgian Lari (GEL).
What factors influence the conversion rate of MONKE to GEL?
There are many factors that affect the relationship between MONKE 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 MONKE/GEL. When there is positive news in the market about the widespread adoption of MONKE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MONKE/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MONKE/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 MONKE/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 MONKE and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular MONKE currency pairs: MONKE to US Dollar (USD), MONKE to Euro (EUR), MONKE to Pound Sterling (GBP), MONKE to Canadian Dollar (CAD), MONKE to Indian Rupee (INR), MONKE to Pakistani Rupee (PKR), MONKE to Brazilian Real (BRL), MONKE to… The price of MONKE in the US is $0.0002201 USD. Additionally, MONKE’s price is €0.0001882 EUR in the eurozone, £0.0001628 GBP in the UK, C$0.0003025 CAD in Canada, ₹0.01927 INR in India, ₨0.06244 PKR in Pakistan, R$0.001190 BRL in Brazil, and more. The most popular MONKE currency pair is the MONKE to Georgian Lari(GEL). The price of 1 MONKE (MONKE) in Georgian Lari (GEL) is ₾0.0005931.
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.