Bitget converter provides ILC to GEL real-time exchange rates, making it easy to convert ILCOIN (ILC) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 ILC is currently valued at 0.001935 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ILC is currently valued at 0.001935 GEL, which means buying 5 ILC would cost 0.009677 GEL. Similarly, ₾1 GEL can be converted to 516.68 ILC, and ₾50 GEL can be converted to 2,583.39 ILC, excluding any platform or gas fees.
Conversion rates
Convert ILC to GEL
Convert GEL to ILC
ILCOIN
Georgian Lari
1 ILC
0.001935 GEL
Exchange 1 ILC for 0.001935 GEL
2 ILC
0.003871 GEL
Exchange 2 ILC for 0.003871 GEL
5 ILC
0.009677 GEL
Exchange 5 ILC for 0.009677 GEL
10 ILC
0.01935 GEL
Exchange 10 ILC for 0.01935 GEL
20 ILC
0.03871 GEL
Exchange 20 ILC for 0.03871 GEL
50 ILC
0.09677 GEL
Exchange 50 ILC for 0.09677 GEL
100 ILC
0.1935 GEL
Exchange 100 ILC for 0.1935 GEL
200 ILC
0.3871 GEL
Exchange 200 ILC for 0.3871 GEL
500 ILC
0.9677 GEL
Exchange 500 ILC for 0.9677 GEL
1000 ILC
1.94 GEL
Exchange 1000 ILC for 1.94 GEL
5000 ILC
9.68 GEL
Exchange 5000 ILC for 9.68 GEL
10000 ILC
19.35 GEL
Exchange 10000 ILC for 19.35 GEL
In the table above, you'll find a comprehensive ILC to GEL converter that shows the value of ILCOIN in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 ILC to GEL, all the way up to 10000 ILC, providing a clear view of their respective values.
Georgian Lari
ILCOIN
1 GEL
516.68 ILC
Exchange 1 GEL for 516.68 ILC
10 GEL
5,166.78 ILC
Exchange 10 GEL for 5,166.78 ILC
50 GEL
25,833.91 ILC
Exchange 50 GEL for 25,833.91 ILC
100 GEL
51,667.82 ILC
Exchange 100 GEL for 51,667.82 ILC
200 GEL
103,335.65 ILC
Exchange 200 GEL for 103,335.65 ILC
500 GEL
258,339.12 ILC
Exchange 500 GEL for 258,339.12 ILC
1000 GEL
516,678.23 ILC
Exchange 1000 GEL for 516,678.23 ILC
2000 GEL
1,033,356.47 ILC
Exchange 2000 GEL for 1,033,356.47 ILC
5000 GEL
2,583,391.17 ILC
Exchange 5000 GEL for 2,583,391.17 ILC
10000 GEL
5,166,782.35 ILC
Exchange 10000 GEL for 5,166,782.35 ILC
50000 GEL
25,833,911.73 ILC
Exchange 50000 GEL for 25,833,911.73 ILC
100000 GEL
51,667,823.47 ILC
Exchange 100000 GEL for 51,667,823.47 ILC
In the table above, you'll find a comprehensive GEL to ILC converter that shows the value of Georgian Lari in ILCOIN across commonly used conversion amounts. The list covers conversions from 1 GEL to ILC, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, ILCOIN has changed +1.02% to GEL. Based on the trend and price charts, ILCOIN(ILC) has changed +1.02% to GEL while Georgian Lari(GEL) has changed % to ILC in the last 24 hours.
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ILC to GEL conversion data: Volatility and price changes of ILCOIN in GEL
The highest ILCOIN price in GEL over the past 7 days was 0.002042 GEL while the lowest ILCOIN price in GEL over the past 7 days was 0.001790 GEL. The relative change between the highs and lows in ILCOIN price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and ILC to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
ILCOIN's current market price is ₾0.001935 per ILC, with a total market cap of ₾1,988,953.14 GEL based on a circulating supply of 1,027,648,800 ILC. The trading volume of ILCOIN has changed by -11.27% (₾-723.93 GEL) in the last 24 hours. Last trading day, ILC's trading volume was ₾6,423.34.
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 ILCOIN currency pair is the ILC to GEL, with for ILCOIN's currency code being ILC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 ILC to Georgian Lari has changed by -6.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.02%, reaching a high of 0.001920 GEL and a low of 0.001817 GEL . One month ago, the value of 1 ILC was ₾0.002374 GEL , which represents a -19.29% change from its current value. Over the last year, ILCOIN has changed by
+₾
0.{4}1768GEL
, resulting in a change of +0.97% in its value.
24 hours ago1 month ago1 year ago
Amount
14:43 today
24 hours ago
24h change
0.5 ILC
₾0.0009677
₾0.0009585
+1.02%
1 ILC
₾0.001935
₾0.001917
+1.02%
5 ILC
₾0.009677
₾0.009585
+1.02%
10 ILC
₾0.01935
₾0.01917
+1.02%
50 ILC
₾0.09677
₾0.09585
+1.02%
100 ILC
₾0.1935
₾0.1917
+1.02%
500 ILC
₾0.9677
₾0.9585
+1.02%
1000 ILC
₾1.94
₾1.92
+1.02%
ILC to GEL FAQ
How much is 1 ILCOIN in GEL?
Right now, the price of 1 ILCOIN (ILC) in Georgian Lari (GEL) is ₾0.001935.
How much ILC can I buy for 1 GEL?
Based on the current exchange rate, you can get 516.68 ILC for 1 GEL.
How do I calculate or convert ILC to GEL?
You can use our ILC to GEL calculator at the top of this page to convert any amount of ILC to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 2,583.39 ILC, while 5 ILC will cost around 0.009677GEL.
What is the highest price of ILC/GEL in history?
The all-time high price of 1 ILC in GEL is ₾6.72. It remains to be seen if the value of 1 ILC/GEL will exceed the current all-time high.
What is the price trend of ILCOIN in GEL?
Over the past 7 days, the exchange rate of ILCOIN (ILC) has gone down by 6.58%.
Over the last month, the exchange rate of ILCOIN (ILC) has gone down by 19.29% against Georgian Lari (GEL).
What factors influence the conversion rate of ILC to GEL?
There are many factors that affect the relationship between ILCOIN 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 ILC/GEL. When there is positive news in the market about the widespread adoption of ILC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ILC/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ILC/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 ILC/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 ILCOIN and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular ILCOIN currency pairs: ILC to US Dollar (USD), ILC to Euro (EUR), ILC to Pound Sterling (GBP), ILC to Canadian Dollar (CAD), ILC to Indian Rupee (INR), ILC to Pakistani Rupee (PKR), ILC to Brazilian Real (BRL), ILC to… The price of ILCOIN in the US is $0.0007142 USD. Additionally, ILCOIN’s price is €0.0006141 EUR in the eurozone, £0.0005324 GBP in the UK, C$0.0009808 CAD in Canada, ₹0.06152 INR in India, ₨0.2035 PKR in Pakistan, R$0.003986 BRL in Brazil, and more. The most popular ILCOIN currency pair is the ILC to Georgian Lari(GEL). The price of 1 ILCOIN (ILC) in Georgian Lari (GEL) is ₾0.001935.
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.