Bitget converter provides torsy to GEL real-time exchange rates, making it easy to convert TORSY (torsy) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 torsy is currently valued at 0.001916 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 torsy is currently valued at 0.001916 GEL, which means buying 5 torsy would cost 0.009581 GEL. Similarly, ₾1 GEL can be converted to 521.89 torsy, and ₾50 GEL can be converted to 2,609.45 torsy, excluding any platform or gas fees.
Conversion rates
Convert torsy to GEL
Convert GEL to torsy
TORSY
Georgian Lari
1 torsy
0.001916 GEL
Exchange 1 torsy for 0.001916 GEL
2 torsy
0.003832 GEL
Exchange 2 torsy for 0.003832 GEL
5 torsy
0.009581 GEL
Exchange 5 torsy for 0.009581 GEL
10 torsy
0.01916 GEL
Exchange 10 torsy for 0.01916 GEL
20 torsy
0.03832 GEL
Exchange 20 torsy for 0.03832 GEL
50 torsy
0.09581 GEL
Exchange 50 torsy for 0.09581 GEL
100 torsy
0.1916 GEL
Exchange 100 torsy for 0.1916 GEL
200 torsy
0.3832 GEL
Exchange 200 torsy for 0.3832 GEL
500 torsy
0.9581 GEL
Exchange 500 torsy for 0.9581 GEL
1000 torsy
1.92 GEL
Exchange 1000 torsy for 1.92 GEL
5000 torsy
9.58 GEL
Exchange 5000 torsy for 9.58 GEL
10000 torsy
19.16 GEL
Exchange 10000 torsy for 19.16 GEL
In the table above, you'll find a comprehensive torsy to GEL converter that shows the value of TORSY in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 torsy to GEL, all the way up to 10000 torsy, providing a clear view of their respective values.
Georgian Lari
TORSY
1 GEL
521.89 torsy
Exchange 1 GEL for 521.89 torsy
10 GEL
5,218.9 torsy
Exchange 10 GEL for 5,218.9 torsy
50 GEL
26,094.48 torsy
Exchange 50 GEL for 26,094.48 torsy
100 GEL
52,188.96 torsy
Exchange 100 GEL for 52,188.96 torsy
200 GEL
104,377.92 torsy
Exchange 200 GEL for 104,377.92 torsy
500 GEL
260,944.81 torsy
Exchange 500 GEL for 260,944.81 torsy
1000 GEL
521,889.62 torsy
Exchange 1000 GEL for 521,889.62 torsy
2000 GEL
1,043,779.25 torsy
Exchange 2000 GEL for 1,043,779.25 torsy
5000 GEL
2,609,448.12 torsy
Exchange 5000 GEL for 2,609,448.12 torsy
10000 GEL
5,218,896.23 torsy
Exchange 10000 GEL for 5,218,896.23 torsy
50000 GEL
26,094,481.17 torsy
Exchange 50000 GEL for 26,094,481.17 torsy
100000 GEL
52,188,962.34 torsy
Exchange 100000 GEL for 52,188,962.34 torsy
In the table above, you'll find a comprehensive GEL to torsy converter that shows the value of Georgian Lari in TORSY across commonly used conversion amounts. The list covers conversions from 1 GEL to torsy, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, TORSY has changed -9.09% to GEL. Based on the trend and price charts, TORSY(torsy) has changed -9.09% to GEL while Georgian Lari(GEL) has changed % to torsy in the last 24 hours.
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torsy to GEL conversion data: Volatility and price changes of TORSY in GEL
The highest TORSY price in GEL over the past 7 days was 0.002372 GEL while the lowest TORSY price in GEL over the past 7 days was 0.001719 GEL. The relative change between the highs and lows in TORSY price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and torsy 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
0.002107 GEL
0.002372 GEL
0.002792 GEL
0.003063 GEL
Low
0.001790 GEL
0.001719 GEL
0.001677 GEL
0.001660 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-9.09%
-6.56%
-12.10%
-8.18%
Buy
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Buy torsy (or USDT) for GEL (Georgian Lari) offers
TORSY's current market price is ₾0.001916 per torsy, with a total market cap of ₾1,341,279.17 GEL based on a circulating supply of 699,999,700 torsy. The trading volume of TORSY has changed by -64.21% (₾-7,403.65 GEL) in the last 24 hours. Last trading day, torsy's trading volume was ₾11,529.67.
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 TORSY currency pair is the torsy to GEL, with for TORSY's currency code being torsy. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 torsy to Georgian Lari has changed by -6.56% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.09%, reaching a high of 0.002107 GEL and a low of 0.001790 GEL . One month ago, the value of 1 torsy was ₾0.002180 GEL , which represents a -12.10% change from its current value. Over the last year, TORSY has changed by
-₾
0.005861GEL
, resulting in a change of -75.37% in its value.
24 hours ago1 month ago1 year ago
Amount
09:18 am today
24 hours ago
24h change
0.5 torsy
₾0.0009581
₾0.001054
-9.09%
1 torsy
₾0.001916
₾0.002108
-9.09%
5 torsy
₾0.009581
₾0.01054
-9.09%
10 torsy
₾0.01916
₾0.02108
-9.09%
50 torsy
₾0.09581
₾0.1054
-9.09%
100 torsy
₾0.1916
₾0.2108
-9.09%
500 torsy
₾0.9581
₾1.05
-9.09%
1000 torsy
₾1.92
₾2.11
-9.09%
torsy to GEL FAQ
How much is 1 TORSY in GEL?
Right now, the price of 1 TORSY (torsy) in Georgian Lari (GEL) is ₾0.001916.
How much torsy can I buy for 1 GEL?
Based on the current exchange rate, you can get 521.89 torsy for 1 GEL.
How do I calculate or convert torsy to GEL?
You can use our torsy to GEL calculator at the top of this page to convert any amount of torsy to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 2,609.45 torsy, while 5 torsy will cost around 0.009581GEL.
What is the highest price of torsy/GEL in history?
The all-time high price of 1 torsy in GEL is ₾0.09984. It remains to be seen if the value of 1 torsy/GEL will exceed the current all-time high.
What is the price trend of TORSY in GEL?
Over the past 7 days, the exchange rate of TORSY (torsy) has gone down by 6.56%.
Over the last month, the exchange rate of TORSY (torsy) has gone down by 12.10% against Georgian Lari (GEL).
What factors influence the conversion rate of torsy to GEL?
There are many factors that affect the relationship between TORSY 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 torsy/GEL. When there is positive news in the market about the widespread adoption of torsy or major technological breakthroughs, it tends to trigger market optimism and drive the rise of torsy/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in torsy/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 torsy/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 TORSY and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular TORSY currency pairs: torsy to US Dollar (USD), torsy to Euro (EUR), torsy to Pound Sterling (GBP), torsy to Canadian Dollar (CAD), torsy to Indian Rupee (INR), torsy to Pakistani Rupee (PKR), torsy to Brazilian Real (BRL), torsy to… The price of TORSY in the US is $0.0007055 USD. Additionally, TORSY’s price is €0.0006007 EUR in the eurozone, £0.0005234 GBP in the UK, C$0.0009737 CAD in Canada, ₹0.06223 INR in India, ₨0.2006 PKR in Pakistan, R$0.003764 BRL in Brazil, and more. The most popular TORSY currency pair is the torsy to Georgian Lari(GEL). The price of 1 TORSY (torsy) in Georgian Lari (GEL) is ₾0.001916.
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.