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INJ to GEL Converter and calculator

INJ/GEL: 1 INJ = 28.28 GEL. The price of converting 1 Injective (INJ) to Georgian Lari (GEL) is 28.28 GEL today.
INJ
INJ
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INJ to GEL real-time exchange rates, making it easy to convert Injective (INJ) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 INJ is currently valued at 28.28 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INJ is currently valued at 28.28 GEL, which means buying 5 INJ would cost 141.41 GEL. Similarly, ₾1 GEL can be converted to 0.03536 INJ, and ₾50 GEL can be converted to 0.1768 INJ, excluding any platform or gas fees.

Convert INJ to GEL

Convert GEL to INJ

Injective
Georgian Lari
100 INJ
2,828.24  GEL
200 INJ
5,656.49  GEL
500 INJ
14,141.22  GEL
1000 INJ
28,282.44  GEL
5000 INJ
141,412.2  GEL
10000 INJ
282,824.4  GEL
In the table above, you'll find a comprehensive INJ to GEL converter that shows the value of Injective in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 INJ to GEL, all the way up to 10000 INJ, providing a clear view of their respective values.
Georgian Lari
Injective
100000 GEL
3,535.76 INJ
In the table above, you'll find a comprehensive GEL to INJ converter that shows the value of Georgian Lari in Injective across commonly used conversion amounts. The list covers conversions from 1 GEL to INJ, all the way up to 100000 GEL, providing a clear view of their respective values.

INJ to GEL chart

INJ/GEL: 1 INJ = 28.28 GEL; 2025/05/01 09:41:43
In the past 1D, Injective has changed +6.14% to GEL. Based on the trend and price charts, Injective(INJ) has changed +6.14% to GEL while Georgian Lari(GEL) has changed % to INJ in the last 24 hours.
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INJ to GEL conversion data: Volatility and price changes of Injective in GEL

The highest Injective price in GEL over the past 7 days was 28.9 GEL while the lowest Injective price in GEL over the past 7 days was 25.23 GEL. The relative change between the highs and lows in Injective price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and INJ 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
28.29 GEL
28.9 GEL
28.9 GEL
57.98 GEL
Low
25.23 GEL
25.23 GEL
17.61 GEL
17.61 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+6.14%
+11.82%
+12.96%
-48.75%

Injective information

INJ to GEL market statistics

INJ/GEL:
₾28.28
INJ 24h volume:
₾313,907,400.13
INJ market cap:
₾2,827,422,154.29
INJ circulating supply:
99.97M INJ

Current INJ to GEL exchange rate

Injective to Georgian Lari is rising this week.
Injective's current market price is ₾28.28 per INJ, with a total market cap of ₾2,827,422,154.29 GEL based on a circulating supply of 99,970,936 INJ. The trading volume of Injective has changed by +19.02% (₾50,175,074.88 GEL) in the last 24 hours. Last trading day, INJ's trading volume was ₾263,732,325.25.

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

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How to convert INJ to GEL

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

The exchange rate of Injective is increasing.
The exchange rate of 1 INJ to Georgian Lari has changed by +11.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.14%, reaching a high of 28.29 GEL and a low of 25.23 GEL . One month ago, the value of 1 INJ was ₾25.04 GEL , which represents a +12.96% change from its current value. Over the last year, Injective has changed by
-
32.77GEL
, resulting in a change of -53.68% in its value.
24 hours ago1 month ago1 year ago
Amount09:41 am today24 hours ago24h change
0.5 INJ₾14.14₾13.32
+6.14%
1 INJ₾28.28₾26.65
+6.14%
5 INJ₾141.41₾133.23
+6.14%
10 INJ₾282.82₾266.46
+6.14%
50 INJ₾1,414.12₾1,332.3
+6.14%
100 INJ₾2,828.24₾2,664.59
+6.14%
500 INJ₾14,141.22₾13,322.97
+6.14%
1000 INJ₾28,282.44₾26,645.93
+6.14%

INJ to GEL FAQ

How much is 1 Injective in GEL?
Right now, the price of 1 Injective (INJ) in Georgian Lari (GEL) is ₾28.28.
How much INJ can I buy for 1 GEL?
Based on the current exchange rate, you can get 0.03536 INJ for 1 GEL.
How do I calculate or convert INJ to GEL?
You can use our INJ to GEL calculator at the top of this page to convert any amount of INJ to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 0.1768 INJ, while 5 INJ will cost around 141.41GEL.
What is the highest price of INJ/GEL in history?
The all-time high price of 1 INJ in GEL is ₾144.8. It remains to be seen if the value of 1 INJ/GEL will exceed the current all-time high.
What is the price trend of Injective in GEL?
Over the past 7 days, the exchange rate of Injective (INJ) has gone up by 11.82%.   Over the last month, the exchange rate of Injective (INJ) has gone up by 12.96% against Georgian Lari (GEL).

What factors influence the conversion rate of INJ to GEL?

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