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NDX to GEL Converter and calculator

NDX/GEL: 1 NDX = 0.01114 GEL. The price of converting 1 Indexed Finance (NDX) to Georgian Lari (GEL) is 0.01114 GEL today.
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NDX
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NDX to GEL real-time exchange rates, making it easy to convert Indexed Finance (NDX) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 NDX is currently valued at 0.01 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NDX is currently valued at 0.01 GEL, which means buying 5 NDX would cost 0.06 GEL. Similarly, ₾1 GEL can be converted to 89.74 NDX, and ₾50 GEL can be converted to 448.7 NDX, excluding any platform or gas fees.

Convert NDX to GEL

Convert GEL to NDX

Indexed Finance
Georgian Lari
10000 NDX
111.43  GEL
In the table above, you'll find a comprehensive NDX to GEL converter that shows the value of Indexed Finance in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 NDX to GEL, all the way up to 10000 NDX, providing a clear view of their respective values.
Georgian Lari
Indexed Finance
50000 GEL
4,487,025.01 NDX
100000 GEL
8,974,050.02 NDX
In the table above, you'll find a comprehensive GEL to NDX converter that shows the value of Georgian Lari in Indexed Finance across commonly used conversion amounts. The list covers conversions from 1 GEL to NDX, all the way up to 100000 GEL, providing a clear view of their respective values.

NDX to GEL chart

NDX/GEL: 1 NDX = 0.01114 GEL; 2025/04/30 22:48:52
In the past 1D, Indexed Finance has changed +0.85% to GEL. Based on the trend and price charts, Indexed Finance(NDX) has changed +0.85% to GEL while Georgian Lari(GEL) has changed % to NDX in the last 24 hours.
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NDX to GEL conversion data: Volatility and price changes of Indexed Finance in GEL

The highest Indexed Finance price in GEL over the past 7 days was 0.01131 GEL while the lowest Indexed Finance price in GEL over the past 7 days was 0.009428 GEL. The relative change between the highs and lows in Indexed Finance price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and NDX to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.01119 GEL
0.01131 GEL
0.01131 GEL
0.01763 GEL
Low
0.01081 GEL
0.009428 GEL
0.007348 GEL
0.007348 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+0.85%
+10.57%
+16.87%
-33.02%

Indexed Finance information

NDX to GEL market statistics

NDX/GEL:
₾0.01114
NDX 24h volume:
₾43.63
NDX market cap:
₾9,525.25
NDX circulating supply:
854.80K NDX

Current NDX to GEL exchange rate

Indexed Finance to Georgian Lari is rising this week.
Indexed Finance's current market price is ₾0.01114 per NDX, with a total market cap of ₾9,525.25 GEL based on a circulating supply of 854,801 NDX. The trading volume of Indexed Finance has changed by +1.98% (₾0.8464 GEL) in the last 24 hours. Last trading day, NDX's trading volume was ₾42.78.

More info about Indexed Finance 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 Indexed Finance currency pair is the NDX to GEL, with for Indexed Finance's currency code being NDX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

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How to convert NDX to GEL

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Bitget P2P trading does not currently support direct buying of NDX with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy NDX with USDT via Bitget spot market.
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NDX to GEL Conversion tables

The exchange rate of Indexed Finance is increasing.
The exchange rate of 1 NDX to Georgian Lari has changed by +10.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.85%, reaching a high of 0.01119 GEL and a low of 0.01081 GEL . One month ago, the value of 1 NDX was ₾0.009534 GEL , which represents a +16.87% change from its current value. Over the last year, Indexed Finance has changed by
-
0.02520GEL
, resulting in a change of -69.32% in its value.
24 hours ago1 month ago1 year ago
Amount22:48 today24 hours ago24h change
0.5 NDX₾0.005572₾0.005524
+0.85%
1 NDX₾0.01114₾0.01105
+0.85%
5 NDX₾0.05572₾0.05524
+0.85%
10 NDX₾0.1114₾0.1105
+0.85%
50 NDX₾0.5572₾0.5524
+0.85%
100 NDX₾1.11₾1.1
+0.85%
500 NDX₾5.57₾5.52
+0.85%
1000 NDX₾11.14₾11.05
+0.85%

NDX to GEL FAQ

How much is 1 Indexed Finance in GEL?
Right now, the price of 1 Indexed Finance (NDX) in Georgian Lari (GEL) is ₾0.01114.
How much NDX can I buy for 1 GEL?
Based on the current exchange rate, you can get 89.74 NDX for 1 GEL.
How do I calculate or convert NDX to GEL?
You can use our NDX to GEL calculator at the top of this page to convert any amount of NDX to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 448.7 NDX, while 5 NDX will cost around 0.05572GEL.
What is the highest price of NDX/GEL in history?
The all-time high price of 1 NDX in GEL is ₾76.36. It remains to be seen if the value of 1 NDX/GEL will exceed the current all-time high.
What is the price trend of Indexed Finance in GEL?
Over the past 7 days, the exchange rate of Indexed Finance (NDX) has gone up by 10.57%.   Over the last month, the exchange rate of Indexed Finance (NDX) has gone up by 16.87% against Georgian Lari (GEL).

What factors influence the conversion rate of NDX to GEL?

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

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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.