Bitget converter provides LUMI to GEL real-time exchange rates, making it easy to convert LumiShare (LUMI) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 LUMI is currently valued at 0.007317 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LUMI is currently valued at 0.007317 GEL, which means buying 5 LUMI would cost 0.03658 GEL. Similarly, ₾1 GEL can be converted to 136.67 LUMI, and ₾50 GEL can be converted to 683.36 LUMI, excluding any platform or gas fees.
Conversion rates
Convert LUMI to GEL
Convert GEL to LUMI
LumiShare
Georgian Lari
1 LUMI
0.007317 GEL
Exchange 1 LUMI for 0.007317 GEL
2 LUMI
0.01463 GEL
Exchange 2 LUMI for 0.01463 GEL
5 LUMI
0.03658 GEL
Exchange 5 LUMI for 0.03658 GEL
10 LUMI
0.07317 GEL
Exchange 10 LUMI for 0.07317 GEL
20 LUMI
0.1463 GEL
Exchange 20 LUMI for 0.1463 GEL
50 LUMI
0.3658 GEL
Exchange 50 LUMI for 0.3658 GEL
100 LUMI
0.7317 GEL
Exchange 100 LUMI for 0.7317 GEL
200 LUMI
1.46 GEL
Exchange 200 LUMI for 1.46 GEL
500 LUMI
3.66 GEL
Exchange 500 LUMI for 3.66 GEL
1000 LUMI
7.32 GEL
Exchange 1000 LUMI for 7.32 GEL
5000 LUMI
36.58 GEL
Exchange 5000 LUMI for 36.58 GEL
10000 LUMI
73.17 GEL
Exchange 10000 LUMI for 73.17 GEL
In the table above, you'll find a comprehensive LUMI to GEL converter that shows the value of LumiShare in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 LUMI to GEL, all the way up to 10000 LUMI, providing a clear view of their respective values.
Georgian Lari
LumiShare
1 GEL
136.67 LUMI
Exchange 1 GEL for 136.67 LUMI
10 GEL
1,366.71 LUMI
Exchange 10 GEL for 1,366.71 LUMI
50 GEL
6,833.57 LUMI
Exchange 50 GEL for 6,833.57 LUMI
100 GEL
13,667.14 LUMI
Exchange 100 GEL for 13,667.14 LUMI
200 GEL
27,334.28 LUMI
Exchange 200 GEL for 27,334.28 LUMI
500 GEL
68,335.69 LUMI
Exchange 500 GEL for 68,335.69 LUMI
1000 GEL
136,671.39 LUMI
Exchange 1000 GEL for 136,671.39 LUMI
2000 GEL
273,342.78 LUMI
Exchange 2000 GEL for 273,342.78 LUMI
5000 GEL
683,356.95 LUMI
Exchange 5000 GEL for 683,356.95 LUMI
10000 GEL
1,366,713.89 LUMI
Exchange 10000 GEL for 1,366,713.89 LUMI
50000 GEL
6,833,569.47 LUMI
Exchange 50000 GEL for 6,833,569.47 LUMI
100000 GEL
13,667,138.94 LUMI
Exchange 100000 GEL for 13,667,138.94 LUMI
In the table above, you'll find a comprehensive GEL to LUMI converter that shows the value of Georgian Lari in LumiShare across commonly used conversion amounts. The list covers conversions from 1 GEL to LUMI, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, LumiShare has changed +2.78% to GEL. Based on the trend and price charts, LumiShare(LUMI) has changed +2.78% to GEL while Georgian Lari(GEL) has changed % to LUMI in the last 24 hours.
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LUMI to GEL conversion data: Volatility and price changes of LumiShare in GEL
The highest LumiShare price in GEL over the past 7 days was 0.005338 GEL while the lowest LumiShare price in GEL over the past 7 days was 0.004775 GEL. The relative change between the highs and lows in LumiShare price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and LUMI to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
LumiShare's current market price is ₾0.007317 per LUMI, with a total market cap of ₾0 GEL based on a circulating supply of -- LUMI. The trading volume of LumiShare has changed by +256.29% (₾1,238,506.88 GEL) in the last 24 hours. Last trading day, LUMI's trading volume was ₾483,253.75.
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 LumiShare currency pair is the LUMI to GEL, with for LumiShare's currency code being LUMI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 LUMI to Georgian Lari has changed by +11.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.78%, reaching a high of 0.005338 GEL and a low of 0.005192 GEL . One month ago, the value of 1 LUMI was ₾0.005829 GEL , which represents a +38.67% change from its current value. Over the last year, LumiShare has changed by
-₾
0.1599GEL
, resulting in a change of -96.77% in its value.
24 hours ago1 month ago1 year ago
Amount
22:35 today
24 hours ago
24h change
0.5 LUMI
₾0.003658
₾0.003586
+2.78%
1 LUMI
₾0.007317
₾0.007173
+2.78%
5 LUMI
₾0.03658
₾0.03586
+2.78%
10 LUMI
₾0.07317
₾0.07173
+2.78%
50 LUMI
₾0.3658
₾0.3586
+2.78%
100 LUMI
₾0.7317
₾0.7173
+2.78%
500 LUMI
₾3.66
₾3.59
+2.78%
1000 LUMI
₾7.32
₾7.17
+2.78%
LUMI to GEL FAQ
How much is 1 LumiShare in GEL?
Right now, the price of 1 LumiShare (LUMI) in Georgian Lari (GEL) is ₾0.007317.
How much LUMI can I buy for 1 GEL?
Based on the current exchange rate, you can get 136.67 LUMI for 1 GEL.
How do I calculate or convert LUMI to GEL?
You can use our LUMI to GEL calculator at the top of this page to convert any amount of LUMI to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 683.36 LUMI, while 5 LUMI will cost around 0.03658GEL.
What is the highest price of LUMI/GEL in history?
The all-time high price of 1 LUMI in GEL is ₾0.4603. It remains to be seen if the value of 1 LUMI/GEL will exceed the current all-time high.
What is the price trend of LumiShare in GEL?
Over the past 7 days, the exchange rate of LumiShare (LUMI) has gone up by 11.75%.
Over the last month, the exchange rate of LumiShare (LUMI) has gone up by 38.67% against Georgian Lari (GEL).
What factors influence the conversion rate of LUMI to GEL?
There are many factors that affect the relationship between LumiShare 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 LUMI/GEL. When there is positive news in the market about the widespread adoption of LUMI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LUMI/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LUMI/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 LUMI/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 LumiShare and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular LumiShare currency pairs: LUMI to US Dollar (USD), LUMI to Euro (EUR), LUMI to Pound Sterling (GBP), LUMI to Canadian Dollar (CAD), LUMI to Indian Rupee (INR), LUMI to Pakistani Rupee (PKR), LUMI to Brazilian Real (BRL), LUMI to… The price of LumiShare in the US is $0.002700 USD. Additionally, LumiShare’s price is €0.002321 EUR in the eurozone, £0.002011 GBP in the UK, C$0.003704 CAD in Canada, ₹0.2326 INR in India, ₨0.7693 PKR in Pakistan, R$0.01507 BRL in Brazil, and more. The most popular LumiShare currency pair is the LUMI to Georgian Lari(GEL). The price of 1 LumiShare (LUMI) in Georgian Lari (GEL) is ₾0.007317.
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.