Bitget converter provides RAID to GEL real-time exchange rates, making it easy to convert Raid Token (RAID) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 RAID is currently valued at 0.002379 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RAID is currently valued at 0.002379 GEL, which means buying 5 RAID would cost 0.01190 GEL. Similarly, ₾1 GEL can be converted to 420.28 RAID, and ₾50 GEL can be converted to 2,101.38 RAID, excluding any platform or gas fees.
Conversion rates
Convert RAID to GEL
Convert GEL to RAID
Raid Token
Georgian Lari
1 RAID
0.002379 GEL
Exchange 1 RAID for 0.002379 GEL
2 RAID
0.004759 GEL
Exchange 2 RAID for 0.004759 GEL
5 RAID
0.01190 GEL
Exchange 5 RAID for 0.01190 GEL
10 RAID
0.02379 GEL
Exchange 10 RAID for 0.02379 GEL
20 RAID
0.04759 GEL
Exchange 20 RAID for 0.04759 GEL
50 RAID
0.1190 GEL
Exchange 50 RAID for 0.1190 GEL
100 RAID
0.2379 GEL
Exchange 100 RAID for 0.2379 GEL
200 RAID
0.4759 GEL
Exchange 200 RAID for 0.4759 GEL
500 RAID
1.19 GEL
Exchange 500 RAID for 1.19 GEL
1000 RAID
2.38 GEL
Exchange 1000 RAID for 2.38 GEL
5000 RAID
11.9 GEL
Exchange 5000 RAID for 11.9 GEL
10000 RAID
23.79 GEL
Exchange 10000 RAID for 23.79 GEL
In the table above, you'll find a comprehensive RAID to GEL converter that shows the value of Raid Token in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 RAID to GEL, all the way up to 10000 RAID, providing a clear view of their respective values.
Georgian Lari
Raid Token
1 GEL
420.28 RAID
Exchange 1 GEL for 420.28 RAID
10 GEL
4,202.76 RAID
Exchange 10 GEL for 4,202.76 RAID
50 GEL
21,013.8 RAID
Exchange 50 GEL for 21,013.8 RAID
100 GEL
42,027.6 RAID
Exchange 100 GEL for 42,027.6 RAID
200 GEL
84,055.21 RAID
Exchange 200 GEL for 84,055.21 RAID
500 GEL
210,138.02 RAID
Exchange 500 GEL for 210,138.02 RAID
1000 GEL
420,276.05 RAID
Exchange 1000 GEL for 420,276.05 RAID
2000 GEL
840,552.1 RAID
Exchange 2000 GEL for 840,552.1 RAID
5000 GEL
2,101,380.25 RAID
Exchange 5000 GEL for 2,101,380.25 RAID
10000 GEL
4,202,760.5 RAID
Exchange 10000 GEL for 4,202,760.5 RAID
50000 GEL
21,013,802.5 RAID
Exchange 50000 GEL for 21,013,802.5 RAID
100000 GEL
42,027,604.99 RAID
Exchange 100000 GEL for 42,027,604.99 RAID
In the table above, you'll find a comprehensive GEL to RAID converter that shows the value of Georgian Lari in Raid Token across commonly used conversion amounts. The list covers conversions from 1 GEL to RAID, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Raid Token has changed +2.07% to GEL. Based on the trend and price charts, Raid Token(RAID) has changed +2.07% to GEL while Georgian Lari(GEL) has changed % to RAID in the last 24 hours.
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RAID to GEL conversion data: Volatility and price changes of Raid Token in GEL
The highest Raid Token price in GEL over the past 7 days was 0.001699 GEL while the lowest Raid Token price in GEL over the past 7 days was 0.001440 GEL. The relative change between the highs and lows in Raid Token price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and RAID to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Raid Token's current market price is ₾0.002379 per RAID, with a total market cap of ₾0 GEL based on a circulating supply of -- RAID. The trading volume of Raid Token has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, RAID'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 Raid Token currency pair is the RAID to GEL, with for Raid Token's currency code being RAID. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 RAID to Georgian Lari has changed by -2.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.07%, reaching a high of 0.001639 GEL and a low of 0.001598 GEL . One month ago, the value of 1 RAID was ₾0.002444 GEL , which represents a -3.78% change from its current value. Over the last year, Raid Token has changed by
-₾
0.002386GEL
, resulting in a change of -59.34% in its value.
24 hours ago1 month ago1 year ago
Amount
12:57 today
24 hours ago
24h change
0.5 RAID
₾0.001190
₾0.001173
+2.07%
1 RAID
₾0.002379
₾0.002346
+2.07%
5 RAID
₾0.01190
₾0.01173
+2.07%
10 RAID
₾0.02379
₾0.02346
+2.07%
50 RAID
₾0.1190
₾0.1173
+2.07%
100 RAID
₾0.2379
₾0.2346
+2.07%
500 RAID
₾1.19
₾1.17
+2.07%
1000 RAID
₾2.38
₾2.35
+2.07%
RAID to GEL FAQ
How much is 1 Raid Token in GEL?
Right now, the price of 1 Raid Token (RAID) in Georgian Lari (GEL) is ₾0.002379.
How much RAID can I buy for 1 GEL?
Based on the current exchange rate, you can get 420.28 RAID for 1 GEL.
How do I calculate or convert RAID to GEL?
You can use our RAID to GEL calculator at the top of this page to convert any amount of RAID to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 2,101.38 RAID, while 5 RAID will cost around 0.01190GEL.
What is the highest price of RAID/GEL in history?
The all-time high price of 1 RAID in GEL is ₾0.8698. It remains to be seen if the value of 1 RAID/GEL will exceed the current all-time high.
What is the price trend of Raid Token in GEL?
Over the past 7 days, the exchange rate of Raid Token (RAID) has gone down by 2.52%.
Over the last month, the exchange rate of Raid Token (RAID) has gone down by 3.78% against Georgian Lari (GEL).
What factors influence the conversion rate of RAID to GEL?
There are many factors that affect the relationship between Raid Token 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 RAID/GEL. When there is positive news in the market about the widespread adoption of RAID or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RAID/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RAID/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 RAID/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 Raid Token and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Raid Token currency pairs: RAID to US Dollar (USD), RAID to Euro (EUR), RAID to Pound Sterling (GBP), RAID to Canadian Dollar (CAD), RAID to Indian Rupee (INR), RAID to Pakistani Rupee (PKR), RAID to Brazilian Real (BRL), RAID to… The price of Raid Token in the US is $0.0008813 USD. Additionally, Raid Token’s price is €0.0007615 EUR in the eurozone, £0.0006624 GBP in the UK, C$0.001214 CAD in Canada, ₹0.07720 INR in India, ₨0.2468 PKR in Pakistan, R$0.004934 BRL in Brazil, and more. The most popular Raid Token currency pair is the RAID to Georgian Lari(GEL). The price of 1 Raid Token (RAID) in Georgian Lari (GEL) is ₾0.002379.
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.