Bitget converter provides MEMENETIC to GEL real-time exchange rates, making it easy to convert NETIC (MEMENETIC) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 MEMENETIC is currently valued at 0.{4}4211 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MEMENETIC is currently valued at 0.{4}4211 GEL, which means buying 5 MEMENETIC would cost 0.0002106 GEL. Similarly, ₾1 GEL can be converted to 23,744.77 MEMENETIC, and ₾50 GEL can be converted to 118,723.83 MEMENETIC, excluding any platform or gas fees.
Conversion rates
Convert MEMENETIC to GEL
Convert GEL to MEMENETIC
NETIC
Georgian Lari
1 MEMENETIC
0.{4}4211 GEL
Exchange 1 MEMENETIC for 0.{4}4211 GEL
2 MEMENETIC
0.{4}8423 GEL
Exchange 2 MEMENETIC for 0.{4}8423 GEL
5 MEMENETIC
0.0002106 GEL
Exchange 5 MEMENETIC for 0.0002106 GEL
10 MEMENETIC
0.0004211 GEL
Exchange 10 MEMENETIC for 0.0004211 GEL
20 MEMENETIC
0.0008423 GEL
Exchange 20 MEMENETIC for 0.0008423 GEL
50 MEMENETIC
0.002106 GEL
Exchange 50 MEMENETIC for 0.002106 GEL
100 MEMENETIC
0.004211 GEL
Exchange 100 MEMENETIC for 0.004211 GEL
200 MEMENETIC
0.008423 GEL
Exchange 200 MEMENETIC for 0.008423 GEL
500 MEMENETIC
0.02106 GEL
Exchange 500 MEMENETIC for 0.02106 GEL
1000 MEMENETIC
0.04211 GEL
Exchange 1000 MEMENETIC for 0.04211 GEL
5000 MEMENETIC
0.2106 GEL
Exchange 5000 MEMENETIC for 0.2106 GEL
10000 MEMENETIC
0.4211 GEL
Exchange 10000 MEMENETIC for 0.4211 GEL
In the table above, you'll find a comprehensive MEMENETIC to GEL converter that shows the value of NETIC in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 MEMENETIC to GEL, all the way up to 10000 MEMENETIC, providing a clear view of their respective values.
Georgian Lari
NETIC
1 GEL
23,744.77 MEMENETIC
Exchange 1 GEL for 23,744.77 MEMENETIC
10 GEL
237,447.67 MEMENETIC
Exchange 10 GEL for 237,447.67 MEMENETIC
50 GEL
1,187,238.33 MEMENETIC
Exchange 50 GEL for 1,187,238.33 MEMENETIC
100 GEL
2,374,476.67 MEMENETIC
Exchange 100 GEL for 2,374,476.67 MEMENETIC
200 GEL
4,748,953.33 MEMENETIC
Exchange 200 GEL for 4,748,953.33 MEMENETIC
500 GEL
11,872,383.33 MEMENETIC
Exchange 500 GEL for 11,872,383.33 MEMENETIC
1000 GEL
23,744,766.65 MEMENETIC
Exchange 1000 GEL for 23,744,766.65 MEMENETIC
2000 GEL
47,489,533.3 MEMENETIC
Exchange 2000 GEL for 47,489,533.3 MEMENETIC
5000 GEL
118,723,833.26 MEMENETIC
Exchange 5000 GEL for 118,723,833.26 MEMENETIC
10000 GEL
237,447,666.52 MEMENETIC
Exchange 10000 GEL for 237,447,666.52 MEMENETIC
50000 GEL
1,187,238,332.61 MEMENETIC
Exchange 50000 GEL for 1,187,238,332.61 MEMENETIC
100000 GEL
2,374,476,665.22 MEMENETIC
Exchange 100000 GEL for 2,374,476,665.22 MEMENETIC
In the table above, you'll find a comprehensive GEL to MEMENETIC converter that shows the value of Georgian Lari in NETIC across commonly used conversion amounts. The list covers conversions from 1 GEL to MEMENETIC, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, NETIC has changed 0.00% to GEL. Based on the trend and price charts, NETIC(MEMENETIC) has changed 0.00% to GEL while Georgian Lari(GEL) has changed % to MEMENETIC in the last 24 hours.
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MEMENETIC to GEL conversion data: Volatility and price changes of NETIC in GEL
The highest NETIC price in GEL over the past 7 days was -- GEL while the lowest NETIC price in GEL over the past 7 days was -- GEL. The relative change between the highs and lows in NETIC price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and MEMENETIC to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
0 GEL
-- GEL
-- GEL
-- GEL
Low
0 GEL
-- GEL
-- GEL
-- GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
--
--
--
--
Buy
Sell
Buy MEMENETIC (or USDT) for GEL (Georgian Lari) offers
NETIC's current market price is ₾0.{4}4211 per MEMENETIC, with a total market cap of ₾42,114.53 GEL based on a circulating supply of 999,999,900 MEMENETIC. The trading volume of NETIC has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, MEMENETIC'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 NETIC currency pair is the MEMENETIC to GEL, with for NETIC's currency code being MEMENETIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 MEMENETIC to Georgian Lari has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0 GEL and a low of 0 GEL . One month ago, the value of 1 MEMENETIC was ₾-- GEL , which represents a --% change from its current value. Over the last year, NETIC has changed by
-₾
--GEL
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount
17:53 today
24 hours ago
24h change
0.5 MEMENETIC
₾0.{4}2106
₾--
0.00%
1 MEMENETIC
₾0.{4}4211
₾--
0.00%
5 MEMENETIC
₾0.0002106
₾--
0.00%
10 MEMENETIC
₾0.0004211
₾--
0.00%
50 MEMENETIC
₾0.002106
₾--
0.00%
100 MEMENETIC
₾0.004211
₾--
0.00%
500 MEMENETIC
₾0.02106
₾--
0.00%
1000 MEMENETIC
₾0.04211
₾--
0.00%
MEMENETIC to GEL FAQ
How much is 1 NETIC in GEL?
Right now, the price of 1 NETIC (MEMENETIC) in Georgian Lari (GEL) is ₾0.{4}4211.
How much MEMENETIC can I buy for 1 GEL?
Based on the current exchange rate, you can get 23,744.77 MEMENETIC for 1 GEL.
How do I calculate or convert MEMENETIC to GEL?
You can use our MEMENETIC to GEL calculator at the top of this page to convert any amount of MEMENETIC to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 118,723.83 MEMENETIC, while 5 MEMENETIC will cost around 0.0002106GEL.
What is the highest price of MEMENETIC/GEL in history?
The all-time high price of 1 MEMENETIC in GEL is --. It remains to be seen if the value of 1 MEMENETIC/GEL will exceed the current all-time high.
What is the price trend of NETIC in GEL?
Over the past 7 days, the exchange rate of NETIC (MEMENETIC) has gone down by --.
Over the last month, the exchange rate of NETIC (MEMENETIC) has gone down by -- against Georgian Lari (GEL).
What factors influence the conversion rate of MEMENETIC to GEL?
There are many factors that affect the relationship between NETIC 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 MEMENETIC/GEL. When there is positive news in the market about the widespread adoption of MEMENETIC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MEMENETIC/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MEMENETIC/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 MEMENETIC/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 NETIC and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular NETIC currency pairs: MEMENETIC to US Dollar (USD), MEMENETIC to Euro (EUR), MEMENETIC to Pound Sterling (GBP), MEMENETIC to Canadian Dollar (CAD), MEMENETIC to Indian Rupee (INR), MEMENETIC to Pakistani Rupee (PKR), MEMENETIC to Brazilian Real (BRL), MEMENETIC to… The price of NETIC in the US is $0.{4}1566 USD. Additionally, NETIC’s price is €0.{4}1334 EUR in the eurozone, £0.{4}1153 GBP in the UK, C$0.{4}2165 CAD in Canada, ₹0.001382 INR in India, ₨0.004442 PKR in Pakistan, R$0.{4}8427 BRL in Brazil, and more. The most popular NETIC currency pair is the MEMENETIC to Georgian Lari(GEL). The price of 1 NETIC (MEMENETIC) in Georgian Lari (GEL) is ₾0.{4}4211.
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.