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NEGED to GEL Converter and calculator

NEGED/GEL: 1 NEGED = 0.{4}5844 GEL. The price of converting 1 Neged (NEGED) to Georgian Lari (GEL) is 0.{4}5844 GEL today.
NEGED
NEGED
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NEGED to GEL real-time exchange rates, making it easy to convert Neged (NEGED) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 NEGED is currently valued at 0.00 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NEGED is currently valued at 0.00 GEL, which means buying 5 NEGED would cost 0.00 GEL. Similarly, ₾1 GEL can be converted to 17,112.67 NEGED, and ₾50 GEL can be converted to 85,563.37 NEGED, excluding any platform or gas fees.

Convert NEGED to GEL

Convert GEL to NEGED

Neged
Georgian Lari
1 NEGED
0.{4}5844  GEL
2 NEGED
0.0001169  GEL
5 NEGED
0.0002922  GEL
10 NEGED
0.0005844  GEL
20 NEGED
0.001169  GEL
50 NEGED
0.002922  GEL
100 NEGED
0.005844  GEL
200 NEGED
0.01169  GEL
500 NEGED
0.02922  GEL
1000 NEGED
0.05844  GEL
5000 NEGED
0.2922  GEL
10000 NEGED
0.5844  GEL
In the table above, you'll find a comprehensive NEGED to GEL converter that shows the value of Neged in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 NEGED to GEL, all the way up to 10000 NEGED, providing a clear view of their respective values.
Georgian Lari
Neged
10 GEL
171,126.73 NEGED
50 GEL
855,633.65 NEGED
100 GEL
1,711,267.3 NEGED
200 GEL
3,422,534.61 NEGED
500 GEL
8,556,336.52 NEGED
1000 GEL
17,112,673.04 NEGED
2000 GEL
34,225,346.08 NEGED
5000 GEL
85,563,365.2 NEGED
10000 GEL
171,126,730.41 NEGED
50000 GEL
855,633,652.03 NEGED
100000 GEL
1,711,267,304.06 NEGED
In the table above, you'll find a comprehensive GEL to NEGED converter that shows the value of Georgian Lari in Neged across commonly used conversion amounts. The list covers conversions from 1 GEL to NEGED, all the way up to 100000 GEL, providing a clear view of their respective values.

NEGED to GEL chart

NEGED/GEL: 1 NEGED = 0.{4}5844 GEL; 2025/04/30 16:02:03
In the past 1D, Neged has changed +3.70% to GEL. Based on the trend and price charts, Neged(NEGED) has changed +3.70% to GEL while Georgian Lari(GEL) has changed % to NEGED in the last 24 hours.
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NEGED to GEL conversion data: Volatility and price changes of Neged in GEL

The highest Neged price in GEL over the past 7 days was 0.{4}5988 GEL while the lowest Neged price in GEL over the past 7 days was 0.{4}5276 GEL. The relative change between the highs and lows in Neged price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and NEGED 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.{4}5988 GEL
0.{4}5988 GEL
0.{4}7008 GEL
0.0003270 GEL
Low
0.{4}5640 GEL
0.{4}5276 GEL
0.{4}4862 GEL
0.{4}4862 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+3.70%
+10.17%
-15.59%
-50.48%

Neged information

NEGED to GEL market statistics

NEGED/GEL:
₾0.{4}5844
NEGED 24h volume:
--
NEGED market cap:
--
NEGED circulating supply:
0 NEGED

Current NEGED to GEL exchange rate

Neged to Georgian Lari is rising this week.
Neged's current market price is ₾0.{4}5844 per NEGED, with a total market cap of ₾0 GEL based on a circulating supply of -- NEGED. The trading volume of Neged has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, NEGED's trading volume was ₾0.

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

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How to convert NEGED to GEL

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NEGED to GEL Conversion tables

The exchange rate of Neged is decreasing.
The exchange rate of 1 NEGED to Georgian Lari has changed by +10.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.70%, reaching a high of 0.{4}5988 GEL and a low of 0.{4}5640 GEL . One month ago, the value of 1 NEGED was ₾0.{4}6936 GEL , which represents a -15.59% change from its current value. Over the last year, Neged has changed by
-
0.002262GEL
, resulting in a change of -97.45% in its value.
24 hours ago1 month ago1 year ago
Amount16:02 today24 hours ago24h change
0.5 NEGED₾0.{4}2922₾0.{4}2816
+3.70%
1 NEGED₾0.{4}5844₾0.{4}5633
+3.70%
5 NEGED₾0.0002922₾0.0002816
+3.70%
10 NEGED₾0.0005844₾0.0005633
+3.70%
50 NEGED₾0.002922₾0.002816
+3.70%
100 NEGED₾0.005844₾0.005633
+3.70%
500 NEGED₾0.02922₾0.02816
+3.70%
1000 NEGED₾0.05844₾0.05633
+3.70%

NEGED to GEL FAQ

How much is 1 Neged in GEL?
Right now, the price of 1 Neged (NEGED) in Georgian Lari (GEL) is ₾0.{4}5844.
How much NEGED can I buy for 1 GEL?
Based on the current exchange rate, you can get 17,112.67 NEGED for 1 GEL.
How do I calculate or convert NEGED to GEL?
You can use our NEGED to GEL calculator at the top of this page to convert any amount of NEGED to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 85,563.37 NEGED, while 5 NEGED will cost around 0.0002922GEL.
What is the highest price of NEGED/GEL in history?
The all-time high price of 1 NEGED in GEL is ₾0.006177. It remains to be seen if the value of 1 NEGED/GEL will exceed the current all-time high.
What is the price trend of Neged in GEL?
Over the past 7 days, the exchange rate of Neged (NEGED) has gone up by 10.17%.   Over the last month, the exchange rate of Neged (NEGED) has gone down by 15.59% against Georgian Lari (GEL).

What factors influence the conversion rate of NEGED to GEL?

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