Bitget converter provides NYLA to GEL real-time exchange rates, making it easy to convert NYLA (NYLA) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 NYLA is currently valued at 0.007212 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NYLA is currently valued at 0.007212 GEL, which means buying 5 NYLA would cost 0.03606 GEL. Similarly, ₾1 GEL can be converted to 138.65 NYLA, and ₾50 GEL can be converted to 693.27 NYLA, excluding any platform or gas fees.
Conversion rates
Convert NYLA to GEL
Convert GEL to NYLA
NYLA
Georgian Lari
1 NYLA
0.007212 GEL
Exchange 1 NYLA for 0.007212 GEL
2 NYLA
0.01442 GEL
Exchange 2 NYLA for 0.01442 GEL
5 NYLA
0.03606 GEL
Exchange 5 NYLA for 0.03606 GEL
10 NYLA
0.07212 GEL
Exchange 10 NYLA for 0.07212 GEL
20 NYLA
0.1442 GEL
Exchange 20 NYLA for 0.1442 GEL
50 NYLA
0.3606 GEL
Exchange 50 NYLA for 0.3606 GEL
100 NYLA
0.7212 GEL
Exchange 100 NYLA for 0.7212 GEL
200 NYLA
1.44 GEL
Exchange 200 NYLA for 1.44 GEL
500 NYLA
3.61 GEL
Exchange 500 NYLA for 3.61 GEL
1000 NYLA
7.21 GEL
Exchange 1000 NYLA for 7.21 GEL
5000 NYLA
36.06 GEL
Exchange 5000 NYLA for 36.06 GEL
10000 NYLA
72.12 GEL
Exchange 10000 NYLA for 72.12 GEL
In the table above, you'll find a comprehensive NYLA to GEL converter that shows the value of NYLA in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 NYLA to GEL, all the way up to 10000 NYLA, providing a clear view of their respective values.
Georgian Lari
NYLA
1 GEL
138.65 NYLA
Exchange 1 GEL for 138.65 NYLA
10 GEL
1,386.54 NYLA
Exchange 10 GEL for 1,386.54 NYLA
50 GEL
6,932.71 NYLA
Exchange 50 GEL for 6,932.71 NYLA
100 GEL
13,865.42 NYLA
Exchange 100 GEL for 13,865.42 NYLA
200 GEL
27,730.83 NYLA
Exchange 200 GEL for 27,730.83 NYLA
500 GEL
69,327.08 NYLA
Exchange 500 GEL for 69,327.08 NYLA
1000 GEL
138,654.16 NYLA
Exchange 1000 GEL for 138,654.16 NYLA
2000 GEL
277,308.31 NYLA
Exchange 2000 GEL for 277,308.31 NYLA
5000 GEL
693,270.78 NYLA
Exchange 5000 GEL for 693,270.78 NYLA
10000 GEL
1,386,541.57 NYLA
Exchange 10000 GEL for 1,386,541.57 NYLA
50000 GEL
6,932,707.85 NYLA
Exchange 50000 GEL for 6,932,707.85 NYLA
100000 GEL
13,865,415.7 NYLA
Exchange 100000 GEL for 13,865,415.7 NYLA
In the table above, you'll find a comprehensive GEL to NYLA converter that shows the value of Georgian Lari in NYLA across commonly used conversion amounts. The list covers conversions from 1 GEL to NYLA, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, NYLA has changed -0.11% to GEL. Based on the trend and price charts, NYLA(NYLA) has changed -0.11% to GEL while Georgian Lari(GEL) has changed % to NYLA in the last 24 hours.
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NYLA to GEL conversion data: Volatility and price changes of NYLA in GEL
The highest NYLA price in GEL over the past 7 days was -- GEL while the lowest NYLA price in GEL over the past 7 days was -- GEL. The relative change between the highs and lows in NYLA price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and NYLA to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
NYLA's current market price is ₾0.007212 per NYLA, with a total market cap of ₾7,209,935.43 GEL based on a circulating supply of 999,687,500 NYLA. The trading volume of NYLA has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, NYLA's trading volume was ₾--.
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 NYLA currency pair is the NYLA to GEL, with for NYLA's currency code being NYLA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 NYLA to Georgian Lari has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.11%, reaching a high of 0.008407 GEL and a low of 0.007212 GEL . One month ago, the value of 1 NYLA was ₾-- GEL , which represents a --% change from its current value. Over the last year, NYLA has changed by
-₾
--GEL
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount
14:31 today
24 hours ago
24h change
0.5 NYLA
₾0.003606
₾--
-0.11%
1 NYLA
₾0.007212
₾--
-0.11%
5 NYLA
₾0.03606
₾--
-0.11%
10 NYLA
₾0.07212
₾--
-0.11%
50 NYLA
₾0.3606
₾--
-0.11%
100 NYLA
₾0.7212
₾--
-0.11%
500 NYLA
₾3.61
₾--
-0.11%
1000 NYLA
₾7.21
₾--
-0.11%
NYLA to GEL FAQ
How much is 1 NYLA in GEL?
Right now, the price of 1 NYLA (NYLA) in Georgian Lari (GEL) is ₾0.007212.
How much NYLA can I buy for 1 GEL?
Based on the current exchange rate, you can get 138.65 NYLA for 1 GEL.
How do I calculate or convert NYLA to GEL?
You can use our NYLA to GEL calculator at the top of this page to convert any amount of NYLA to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 693.27 NYLA, while 5 NYLA will cost around 0.03606GEL.
What is the highest price of NYLA/GEL in history?
The all-time high price of 1 NYLA in GEL is --. It remains to be seen if the value of 1 NYLA/GEL will exceed the current all-time high.
What is the price trend of NYLA in GEL?
Over the past 7 days, the exchange rate of NYLA (NYLA) has gone down by --.
Over the last month, the exchange rate of NYLA (NYLA) has gone down by -- against Georgian Lari (GEL).
What factors influence the conversion rate of NYLA to GEL?
There are many factors that affect the relationship between NYLA 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 NYLA/GEL. When there is positive news in the market about the widespread adoption of NYLA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NYLA/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NYLA/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 NYLA/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 NYLA and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular NYLA currency pairs: NYLA to US Dollar (USD), NYLA to Euro (EUR), NYLA to Pound Sterling (GBP), NYLA to Canadian Dollar (CAD), NYLA to Indian Rupee (INR), NYLA to Pakistani Rupee (PKR), NYLA to Brazilian Real (BRL), NYLA to… The price of NYLA in the US is $0.002647 USD. Additionally, NYLA’s price is €0.002255 EUR in the eurozone, £0.001950 GBP in the UK, C$0.003696 CAD in Canada, ₹0.2349 INR in India, ₨0.7445 PKR in Pakistan, R$0.01412 BRL in Brazil, and more. The most popular NYLA currency pair is the NYLA to Georgian Lari(GEL). The price of 1 NYLA (NYLA) in Georgian Lari (GEL) is ₾0.007212.
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.