IDRISS to GEL Converter and calculator


Conversion rates
Convert IDRISS to GEL
Convert GEL to IDRISS
IDRISS to GEL chart
IDRISS to GEL conversion data: Volatility and price changes of IDRISS in GEL
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.01179 GEL | 0.01192 GEL | 0.01267 GEL | 0.01723 GEL |
Low | 0.01165 GEL | 0.01057 GEL | 0.009511 GEL | 0.009511 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | -0.64% | +4.52% | -7.02% | -27.55% |
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IDRISS information
IDRISS to GEL market statistics
Current IDRISS to GEL exchange rate
IDRISS to Georgian Lari is rising this week.More info about IDRISS on Bitget
Georgian Lari information
About Georgian Lari (GEL)
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.
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IDRISS to GEL Conversion tables
| Amount | 01:58 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 IDRISS | ₾0.005852 | ₾0.005890 | -0.64% |
1 IDRISS | ₾0.01170 | ₾0.01178 | -0.64% |
5 IDRISS | ₾0.05852 | ₾0.05890 | -0.64% |
10 IDRISS | ₾0.1170 | ₾0.1178 | -0.64% |
50 IDRISS | ₾0.5852 | ₾0.5890 | -0.64% |
100 IDRISS | ₾1.17 | ₾1.18 | -0.64% |
500 IDRISS | ₾5.85 | ₾5.89 | -0.64% |
1000 IDRISS | ₾11.7 | ₾11.78 | -0.64% |
IDRISS to GEL FAQ
What factors influence the conversion rate of IDRISS to GEL?
Popular exchange rates — Crypto-to-Fiat converter
The price of IDRISS in the US is $0.004351 USD. Additionally, IDRISS’s price is €0.003721 EUR in the eurozone, £0.003251 GBP in the UK, C$0.006002 CAD in Canada, ₹0.3907 INR in India, ₨1.22 PKR in Pakistan, R$0.02381 BRL in Brazil, and more.
The most popular IDRISS currency pair is the IDRISS to Georgian Lari(GEL). The price of 1 IDRISS (IDRISS) in Georgian Lari (GEL) is ₾0.01170.
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