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VELO to GEL Converter and calculator

VELO/GEL: 1 VELO = 0.03821 GEL. The price of converting 1 Velo (VELO) to Georgian Lari (GEL) is 0.03821 GEL today.
VELO
VELO
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELO to GEL real-time exchange rates, making it easy to convert Velo (VELO) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 VELO is currently valued at 0.03821 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELO is currently valued at 0.03821 GEL, which means buying 5 VELO would cost 0.1910 GEL. Similarly, ₾1 GEL can be converted to 26.17 VELO, and ₾50 GEL can be converted to 130.86 VELO, excluding any platform or gas fees.

Convert VELO to GEL

Convert GEL to VELO

Velo
Georgian Lari
1 VELO
0.03821  GEL
Exchange 1 VELO for 0.03821 GEL
2 VELO
0.07642  GEL
Exchange 2 VELO for 0.07642 GEL
5 VELO
0.1910  GEL
Exchange 5 VELO for 0.1910 GEL
10 VELO
0.3821  GEL
Exchange 10 VELO for 0.3821 GEL
20 VELO
0.7642  GEL
Exchange 20 VELO for 0.7642 GEL
50 VELO
1.91  GEL
Exchange 50 VELO for 1.91 GEL
100 VELO
3.82  GEL
Exchange 100 VELO for 3.82 GEL
200 VELO
7.64  GEL
Exchange 200 VELO for 7.64 GEL
500 VELO
19.1  GEL
Exchange 500 VELO for 19.1 GEL
1000 VELO
38.21  GEL
Exchange 1000 VELO for 38.21 GEL
5000 VELO
191.04  GEL
Exchange 5000 VELO for 191.04 GEL
10000 VELO
382.08  GEL
Exchange 10000 VELO for 382.08 GEL
In the table above, you'll find a comprehensive VELO to GEL converter that shows the value of Velo in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 VELO to GEL, all the way up to 10000 VELO, providing a clear view of their respective values.
Georgian Lari
Velo
1 GEL
26.17 VELO
Exchange 1 GEL for 26.17 VELO
10 GEL
261.73 VELO
Exchange 10 GEL for 261.73 VELO
50 GEL
1,308.63 VELO
Exchange 50 GEL for 1,308.63 VELO
100 GEL
2,617.25 VELO
Exchange 100 GEL for 2,617.25 VELO
200 GEL
5,234.51 VELO
Exchange 200 GEL for 5,234.51 VELO
500 GEL
13,086.26 VELO
Exchange 500 GEL for 13,086.26 VELO
1000 GEL
26,172.53 VELO
Exchange 1000 GEL for 26,172.53 VELO
2000 GEL
52,345.06 VELO
Exchange 2000 GEL for 52,345.06 VELO
5000 GEL
130,862.64 VELO
Exchange 5000 GEL for 130,862.64 VELO
10000 GEL
261,725.29 VELO
Exchange 10000 GEL for 261,725.29 VELO
50000 GEL
1,308,626.43 VELO
Exchange 50000 GEL for 1,308,626.43 VELO
100000 GEL
2,617,252.87 VELO
Exchange 100000 GEL for 2,617,252.87 VELO
In the table above, you'll find a comprehensive GEL to VELO converter that shows the value of Georgian Lari in Velo across commonly used conversion amounts. The list covers conversions from 1 GEL to VELO, all the way up to 100000 GEL, providing a clear view of their respective values.

VELO to GEL chart

VELO/GEL: 1 VELO = 0.03821 GEL; 2025/09/22 01:41:40
In the past 1D, Velo has changed -2.14% to GEL. Based on the trend and price charts, Velo(VELO) has changed -2.14% to GEL while Georgian Lari(GEL) has changed % to VELO in the last 24 hours.
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VELO to GEL conversion data: Volatility and price changes of Velo in GEL

The highest Velo price in GEL over the past 7 days was 0.04488 GEL while the lowest Velo price in GEL over the past 7 days was 0.03840 GEL. The relative change between the highs and lows in Velo price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and VELO 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
0.03963 GEL
0.04488 GEL
0.04498 GEL
0.05624 GEL
Low
0.03840 GEL
0.03840 GEL
0.03455 GEL
0.03263 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-2.14%
-10.48%
-9.94%
+16.88%

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Bitget P2P trading does not currently support direct buying of VELO with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy VELO with USDT via Bitget spot market.
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Velo information

VELO to GEL market statistics

VELO/GEL:
₾0.03821
VELO 24h volume:
₾121,103,774
VELO market cap:
₾671,080,600.27
VELO circulating supply:
17.56B VELO

Current VELO to GEL exchange rate

Velo to Georgian Lari is falling this week.
Velo's current market price is ₾0.03821 per VELO, with a total market cap of ₾671,080,600.27 GEL based on a circulating supply of 17,563,875,000 VELO. The trading volume of Velo has changed by -7.46% (₾-9,761,644.14 GEL) in the last 24 hours. Last trading day, VELO's trading volume was ₾130,865,418.14.

More info about Velo on Bitget

Georgian Lari information

About Georgian Lari (GEL)

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 Velo currency pair is the VELO to GEL, with for Velo's currency code being VELO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

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How to convert VELO to GEL

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VELO to GEL Conversion tables

The exchange rate of Velo is decreasing.
The exchange rate of 1 VELO to Georgian Lari has changed by -10.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.14%, reaching a high of 0.03963 GEL and a low of 0.03840 GEL . One month ago, the value of 1 VELO was ₾0.04248 GEL , which represents a -9.94% change from its current value. Over the last year, Velo has changed by
-
0.003973GEL
, resulting in a change of -9.32% in its value.
24 hours ago1 month ago1 year ago
Amount 01:41 am today 24 hours ago 24h change
0.5 VELO
₾0.01910₾0.01953
-2.14%
1 VELO
₾0.03821₾0.03906
-2.14%
5 VELO
₾0.1910₾0.1953
-2.14%
10 VELO
₾0.3821₾0.3906
-2.14%
50 VELO
₾1.91₾1.95
-2.14%
100 VELO
₾3.82₾3.91
-2.14%
500 VELO
₾19.1₾19.53
-2.14%
1000 VELO
₾38.21₾39.06
-2.14%

VELO to GEL FAQ

How much is 1 Velo in GEL?
Right now, the price of 1 Velo (VELO) in Georgian Lari (GEL) is ₾0.03821.
How much VELO can I buy for 1 GEL?
Based on the current exchange rate, you can get 26.17 VELO for 1 GEL.
How do I calculate or convert VELO to GEL?
You can use our VELO to GEL calculator at the top of this page to convert any amount of VELO to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 130.86 VELO, while 5 VELO will cost around 0.1910GEL.
What is the highest price of VELO/GEL in history?
The all-time high price of 1 VELO in GEL is ₾5.61. It remains to be seen if the value of 1 VELO/GEL will exceed the current all-time high.
What is the price trend of Velo in GEL?
Over the past 7 days, the exchange rate of Velo (VELO) has gone down by 10.48%.   Over the last month, the exchange rate of Velo (VELO) has gone down by 9.94% against Georgian Lari (GEL).

What factors influence the conversion rate of VELO to GEL?

There are many factors that affect the relationship between Velo 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 VELO/GEL. When there is positive news in the market about the widespread adoption of VELO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VELO/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VELO/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 VELO/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 Velo and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Velo currency pairs: VELO to US Dollar (USD), VELO to Euro (EUR), VELO to Pound Sterling (GBP), VELO to Canadian Dollar (CAD), VELO to Indian Rupee (INR), VELO to Pakistani Rupee (PKR), VELO to Brazilian Real (BRL), VELO to…
The price of Velo in the US is $0.01407 USD. Additionally, Velo’s price is €0.01198 EUR in the eurozone, £0.01044 GBP in the UK, C$0.01940 CAD in Canada, ₹1.24 INR in India, ₨4 PKR in Pakistan, R$0.07496 BRL in Brazil, and more.
The most popular Velo currency pair is the VELO to Georgian Lari(GEL). The price of 1 Velo (VELO) in Georgian Lari (GEL) is ₾0.03821.

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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.