Bitget converter provides OMAX to GEL real-time exchange rates, making it easy to convert Omax Coin (OMAX) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 OMAX is currently valued at 0.0006019 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OMAX is currently valued at 0.0006019 GEL, which means buying 5 OMAX would cost 0.003009 GEL. Similarly, ₾1 GEL can be converted to 1,661.54 OMAX, and ₾50 GEL can be converted to 8,307.68 OMAX, excluding any platform or gas fees.
Conversion rates
Convert OMAX to GEL
Convert GEL to OMAX
Omax Coin
Georgian Lari
1 OMAX
0.0006019 GEL
Exchange 1 OMAX for 0.0006019 GEL
2 OMAX
0.001204 GEL
Exchange 2 OMAX for 0.001204 GEL
5 OMAX
0.003009 GEL
Exchange 5 OMAX for 0.003009 GEL
10 OMAX
0.006019 GEL
Exchange 10 OMAX for 0.006019 GEL
20 OMAX
0.01204 GEL
Exchange 20 OMAX for 0.01204 GEL
50 OMAX
0.03009 GEL
Exchange 50 OMAX for 0.03009 GEL
100 OMAX
0.06019 GEL
Exchange 100 OMAX for 0.06019 GEL
200 OMAX
0.1204 GEL
Exchange 200 OMAX for 0.1204 GEL
500 OMAX
0.3009 GEL
Exchange 500 OMAX for 0.3009 GEL
1000 OMAX
0.6019 GEL
Exchange 1000 OMAX for 0.6019 GEL
5000 OMAX
3.01 GEL
Exchange 5000 OMAX for 3.01 GEL
10000 OMAX
6.02 GEL
Exchange 10000 OMAX for 6.02 GEL
In the table above, you'll find a comprehensive OMAX to GEL converter that shows the value of Omax Coin in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 OMAX to GEL, all the way up to 10000 OMAX, providing a clear view of their respective values.
Georgian Lari
Omax Coin
1 GEL
1,661.54 OMAX
Exchange 1 GEL for 1,661.54 OMAX
10 GEL
16,615.35 OMAX
Exchange 10 GEL for 16,615.35 OMAX
50 GEL
83,076.76 OMAX
Exchange 50 GEL for 83,076.76 OMAX
100 GEL
166,153.52 OMAX
Exchange 100 GEL for 166,153.52 OMAX
200 GEL
332,307.04 OMAX
Exchange 200 GEL for 332,307.04 OMAX
500 GEL
830,767.6 OMAX
Exchange 500 GEL for 830,767.6 OMAX
1000 GEL
1,661,535.2 OMAX
Exchange 1000 GEL for 1,661,535.2 OMAX
2000 GEL
3,323,070.4 OMAX
Exchange 2000 GEL for 3,323,070.4 OMAX
5000 GEL
8,307,676.01 OMAX
Exchange 5000 GEL for 8,307,676.01 OMAX
10000 GEL
16,615,352.01 OMAX
Exchange 10000 GEL for 16,615,352.01 OMAX
50000 GEL
83,076,760.05 OMAX
Exchange 50000 GEL for 83,076,760.05 OMAX
100000 GEL
166,153,520.1 OMAX
Exchange 100000 GEL for 166,153,520.1 OMAX
In the table above, you'll find a comprehensive GEL to OMAX converter that shows the value of Georgian Lari in Omax Coin across commonly used conversion amounts. The list covers conversions from 1 GEL to OMAX, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Omax Coin has changed -7.72% to GEL. Based on the trend and price charts, Omax Coin(OMAX) has changed -7.72% to GEL while Georgian Lari(GEL) has changed % to OMAX in the last 24 hours.
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OMAX to GEL conversion data: Volatility and price changes of Omax Coin in GEL
The highest Omax Coin price in GEL over the past 7 days was 0.0006736 GEL while the lowest Omax Coin price in GEL over the past 7 days was 0.0005352 GEL. The relative change between the highs and lows in Omax Coin price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and OMAX to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Omax Coin's current market price is ₾0.0006019 per OMAX, with a total market cap of ₾5,216,860.34 GEL based on a circulating supply of 8,667,997,000 OMAX. The trading volume of Omax Coin has changed by +3.27% (₾23,541.49 GEL) in the last 24 hours. Last trading day, OMAX's trading volume was ₾719,307.21.
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 Omax Coin currency pair is the OMAX to GEL, with for Omax Coin's currency code being OMAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 OMAX to Georgian Lari has changed by +3.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.72%, reaching a high of 0.0006562 GEL and a low of 0.0005873 GEL . One month ago, the value of 1 OMAX was ₾0.0006807 GEL , which represents a -11.58% change from its current value. Over the last year, Omax Coin has changed by
-₾
0.0005844GEL
, resulting in a change of -49.27% in its value.
24 hours ago1 month ago1 year ago
Amount
19:59 today
24 hours ago
24h change
0.5 OMAX
₾0.0003009
₾0.0003261
-7.72%
1 OMAX
₾0.0006019
₾0.0006522
-7.72%
5 OMAX
₾0.003009
₾0.003261
-7.72%
10 OMAX
₾0.006019
₾0.006522
-7.72%
50 OMAX
₾0.03009
₾0.03261
-7.72%
100 OMAX
₾0.06019
₾0.06522
-7.72%
500 OMAX
₾0.3009
₾0.3261
-7.72%
1000 OMAX
₾0.6019
₾0.6522
-7.72%
OMAX to GEL FAQ
How much is 1 Omax Coin in GEL?
Right now, the price of 1 Omax Coin (OMAX) in Georgian Lari (GEL) is ₾0.0006019.
How much OMAX can I buy for 1 GEL?
Based on the current exchange rate, you can get 1,661.54 OMAX for 1 GEL.
How do I calculate or convert OMAX to GEL?
You can use our OMAX to GEL calculator at the top of this page to convert any amount of OMAX to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 8,307.68 OMAX, while 5 OMAX will cost around 0.003009GEL.
What is the highest price of OMAX/GEL in history?
The all-time high price of 1 OMAX in GEL is ₾0.1632. It remains to be seen if the value of 1 OMAX/GEL will exceed the current all-time high.
What is the price trend of Omax Coin in GEL?
Over the past 7 days, the exchange rate of Omax Coin (OMAX) has gone up by 3.75%.
Over the last month, the exchange rate of Omax Coin (OMAX) has gone down by 11.58% against Georgian Lari (GEL).
What factors influence the conversion rate of OMAX to GEL?
There are many factors that affect the relationship between Omax Coin 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 OMAX/GEL. When there is positive news in the market about the widespread adoption of OMAX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OMAX/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OMAX/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 OMAX/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 Omax Coin and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Omax Coin currency pairs: OMAX to US Dollar (USD), OMAX to Euro (EUR), OMAX to Pound Sterling (GBP), OMAX to Canadian Dollar (CAD), OMAX to Indian Rupee (INR), OMAX to Pakistani Rupee (PKR), OMAX to Brazilian Real (BRL), OMAX to… The price of Omax Coin in the US is $0.0002221 USD. Additionally, Omax Coin’s price is €0.0001899 EUR in the eurozone, £0.0001646 GBP in the UK, C$0.0003039 CAD in Canada, ₹0.01916 INR in India, ₨0.06361 PKR in Pakistan, R$0.001236 BRL in Brazil, and more. The most popular Omax Coin currency pair is the OMAX to Georgian Lari(GEL). The price of 1 Omax Coin (OMAX) in Georgian Lari (GEL) is ₾0.0006019.
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.