Bitget converter provides VMT to GEL real-time exchange rates, making it easy to convert Vemate (VMT) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 VMT is currently valued at 0.009930 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VMT is currently valued at 0.009930 GEL, which means buying 5 VMT would cost 0.04965 GEL. Similarly, ₾1 GEL can be converted to 100.7 VMT, and ₾50 GEL can be converted to 503.5 VMT, excluding any platform or gas fees.
Conversion rates
Convert VMT to GEL
Convert GEL to VMT
Vemate
Georgian Lari
1 VMT
0.009930 GEL
Exchange 1 VMT for 0.009930 GEL
2 VMT
0.01986 GEL
Exchange 2 VMT for 0.01986 GEL
5 VMT
0.04965 GEL
Exchange 5 VMT for 0.04965 GEL
10 VMT
0.09930 GEL
Exchange 10 VMT for 0.09930 GEL
20 VMT
0.1986 GEL
Exchange 20 VMT for 0.1986 GEL
50 VMT
0.4965 GEL
Exchange 50 VMT for 0.4965 GEL
100 VMT
0.9930 GEL
Exchange 100 VMT for 0.9930 GEL
200 VMT
1.99 GEL
Exchange 200 VMT for 1.99 GEL
500 VMT
4.97 GEL
Exchange 500 VMT for 4.97 GEL
1000 VMT
9.93 GEL
Exchange 1000 VMT for 9.93 GEL
5000 VMT
49.65 GEL
Exchange 5000 VMT for 49.65 GEL
10000 VMT
99.3 GEL
Exchange 10000 VMT for 99.3 GEL
In the table above, you'll find a comprehensive VMT to GEL converter that shows the value of Vemate in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 VMT to GEL, all the way up to 10000 VMT, providing a clear view of their respective values.
Georgian Lari
Vemate
1 GEL
100.7 VMT
Exchange 1 GEL for 100.7 VMT
10 GEL
1,007 VMT
Exchange 10 GEL for 1,007 VMT
50 GEL
5,035.02 VMT
Exchange 50 GEL for 5,035.02 VMT
100 GEL
10,070.03 VMT
Exchange 100 GEL for 10,070.03 VMT
200 GEL
20,140.07 VMT
Exchange 200 GEL for 20,140.07 VMT
500 GEL
50,350.17 VMT
Exchange 500 GEL for 50,350.17 VMT
1000 GEL
100,700.33 VMT
Exchange 1000 GEL for 100,700.33 VMT
2000 GEL
201,400.67 VMT
Exchange 2000 GEL for 201,400.67 VMT
5000 GEL
503,501.67 VMT
Exchange 5000 GEL for 503,501.67 VMT
10000 GEL
1,007,003.34 VMT
Exchange 10000 GEL for 1,007,003.34 VMT
50000 GEL
5,035,016.7 VMT
Exchange 50000 GEL for 5,035,016.7 VMT
100000 GEL
10,070,033.4 VMT
Exchange 100000 GEL for 10,070,033.4 VMT
In the table above, you'll find a comprehensive GEL to VMT converter that shows the value of Georgian Lari in Vemate across commonly used conversion amounts. The list covers conversions from 1 GEL to VMT, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Vemate has changed +2.76% to GEL. Based on the trend and price charts, Vemate(VMT) has changed +2.76% to GEL while Georgian Lari(GEL) has changed % to VMT in the last 24 hours.
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VMT to GEL conversion data: Volatility and price changes of Vemate in GEL
The highest Vemate price in GEL over the past 7 days was 0.01012 GEL while the lowest Vemate price in GEL over the past 7 days was 0.009029 GEL. The relative change between the highs and lows in Vemate price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and VMT to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Vemate's current market price is ₾0.009930 per VMT, with a total market cap of ₾0 GEL based on a circulating supply of -- VMT. The trading volume of Vemate has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, VMT'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 Vemate currency pair is the VMT to GEL, with for Vemate's currency code being VMT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 VMT to Georgian Lari has changed by +14.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.76%, reaching a high of 0.01012 GEL and a low of 0.009664 GEL . One month ago, the value of 1 VMT was ₾0.008899 GEL , which represents a +11.59% change from its current value. Over the last year, Vemate has changed by
-₾
0.002041GEL
, resulting in a change of -17.05% in its value.
24 hours ago1 month ago1 year ago
Amount
22:13 today
24 hours ago
24h change
0.5 VMT
₾0.004965
₾0.004832
+2.76%
1 VMT
₾0.009930
₾0.009664
+2.76%
5 VMT
₾0.04965
₾0.04832
+2.76%
10 VMT
₾0.09930
₾0.09664
+2.76%
50 VMT
₾0.4965
₾0.4832
+2.76%
100 VMT
₾0.9930
₾0.9664
+2.76%
500 VMT
₾4.97
₾4.83
+2.76%
1000 VMT
₾9.93
₾9.66
+2.76%
VMT to GEL FAQ
How much is 1 Vemate in GEL?
Right now, the price of 1 Vemate (VMT) in Georgian Lari (GEL) is ₾0.009930.
How much VMT can I buy for 1 GEL?
Based on the current exchange rate, you can get 100.7 VMT for 1 GEL.
How do I calculate or convert VMT to GEL?
You can use our VMT to GEL calculator at the top of this page to convert any amount of VMT to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 503.5 VMT, while 5 VMT will cost around 0.04965GEL.
What is the highest price of VMT/GEL in history?
The all-time high price of 1 VMT in GEL is ₾0.2437. It remains to be seen if the value of 1 VMT/GEL will exceed the current all-time high.
What is the price trend of Vemate in GEL?
Over the past 7 days, the exchange rate of Vemate (VMT) has gone up by 14.07%.
Over the last month, the exchange rate of Vemate (VMT) has gone up by 11.59% against Georgian Lari (GEL).
What factors influence the conversion rate of VMT to GEL?
There are many factors that affect the relationship between Vemate 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 VMT/GEL. When there is positive news in the market about the widespread adoption of VMT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VMT/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VMT/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 VMT/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 Vemate and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Vemate currency pairs: VMT to US Dollar (USD), VMT to Euro (EUR), VMT to Pound Sterling (GBP), VMT to Canadian Dollar (CAD), VMT to Indian Rupee (INR), VMT to Pakistani Rupee (PKR), VMT to Brazilian Real (BRL), VMT to… The price of Vemate in the US is $0.003678 USD. Additionally, Vemate’s price is €0.003131 EUR in the eurozone, £0.002729 GBP in the UK, C$0.005068 CAD in Canada, ₹0.3240 INR in India, ₨1.04 PKR in Pakistan, R$0.01958 BRL in Brazil, and more. The most popular Vemate currency pair is the VMT to Georgian Lari(GEL). The price of 1 Vemate (VMT) in Georgian Lari (GEL) is ₾0.009930.
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.