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BABB to Georgian Lari Converter and calculator

Convert 1BABB (BAX) to Georgian Lari (GEL) equals ₾ 0.0002333 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of BABB(BAX) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 BAX at a value of 1 BAX for 0.00 GEL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

GEL 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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Bitget crypto-to-fiat exchange data shows that the most popular BABB currency pair is the BAX to GEL, with for BABB's currency code being BAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

BAX to GEL conversion rate trend

1D7D1M3M1YAll
In the past 1D, BABB has changed -3.28% to GEL. Based on the trend and price charts, BABB(BAX) has changed -3.28% to GEL while Georgian Lari(GEL) has changed % to BAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₾0.0002333
0.0200% / 0.0320%vip-iconVIP 7
KuCoin
₾0.0002336
0.1000% / 0.1000%
Yes
Last updated 2024/07/08 14:00:19(UTC+0)

How to buy BABB

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Buy BABB (BAX)
Use a variety of payment options to buy BABB on Bitget. We'll show you how.

Buy BAX (or USDT) for GEL (Georgian Lari) offers

Bitget P2P trading does not currently support direct buying of BAX with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy BAX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
f
fine_dealVerified Merchant
51 tradesCompletion rate 96.00%
2.87 GEL
Amount853.66 USDT
Limit50 - 1536 GEL
TBC BankBank of Georgia
Buy
T
TradeProVerified Merchant
18 tradesCompletion rate 58.00%
2.95 GEL
Amount333.02 USDT
Limit50 - 1250 GEL
TBC BankBank of GeorgiaBasis Bank
Buy
G
GeoTrade11Verified Merchant
64 tradesCompletion rate 98.00%
3.3 GEL
Amount256.96 USDT
Limit30 - 840 GEL
TBC BankBank of Georgia
Buy
B
Best-RateVerified Merchant
2 tradesCompletion rate 29.00%
3.31 GEL
Amount193.96 USDT
Limit5 - 500 GEL
TBC BankBank of Georgia
Buy
B
Best-RateVerified Merchant
2 tradesCompletion rate 29.00%
3.35 GEL
Amount660 USDT
Limit50 - 1200 GEL
TBC BankBank of Georgia
Buy

Sell BAX (or USDT) for GEL (Georgian Lari) offers

Bitget P2P trading currently does not support direct selling of BAX to GEL. However, you can first exchange BAX for USDT in the Bitget spot market, and then sell USDT to GEL in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
-
-DILAN-Verified Merchant
5 tradesCompletion rate 100.00%
2.75 GEL
Amount48527.84 USDT
Limit100 - 15000 GEL
Bank of Georgia
Sell
G
GogsonVerified Merchant
tradesCompletion rate NaN%
2.7 GEL
Amount10000 USDT
Limit500 - 10000 GEL
TBC BankBank of Georgia
Sell
G
GeoTrade11Verified Merchant
64 tradesCompletion rate 98.00%
2.6 GEL
Amount31291.99 USDT
Limit500 - 20000 GEL
TBC BankBank of Georgia
Sell
B
Best-RateVerified Merchant
2 tradesCompletion rate 29.00%
2.5 GEL
Amount50000 USDT
Limit50 - 2000 GEL
TBC BankBank of Georgia
Sell
G
GeoTrade11Verified Merchant
64 tradesCompletion rate 98.00%
2.5 GEL
Amount54261.06 USDT
Limit50 - 55000 GEL
TBC BankBank of Georgia
Sell

What factors influence the conversion rate of BABB to Georgian Lari?

BABB to Georgian Lari is falling this week.
BABB's current market price is ₾ 0.0002333 per BAX, with a total market cap of ₾ 17,095,888.04 GEL based on a circulating supply of 73,280,950,000 BAX. The trading volume of BABB has changed by +14.92% (₾ 11,358.33 GEL) in the last 24 hours. Last trading day, BAX's trading volume was ₾ 76,149.68.
Market cap
$6.18M
24h volume
$31.65K
Circulating supply
73.28B BAX

Conversion tables

The exchange rate of BABB is decreasing.
1 BAX is currently valued at ₾ 0.0002333 GEL , which means buying 5 BAX will cost ₾ 0.001166 GEL . Similarly, ₾1 GEL can be traded for 4,286.47 BAX, and ₾50 GEL can be converted to 214,323.32 BAX, excluding any platform or gas fees.
The exchange rate of 1 BAX to Georgian Lari has changed by -14.51% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.28%, reaching a high of 0.0002409 GEL and a low of 0.0002251 GEL . One month ago, the value of 1 BAX was ₾ 0.0002917 GEL , which represents a -20.08% change from its current value. Over the last year, BABB has changed by
-
0.0004229GEL
, resulting in a change of -64.53% in its value.

BAX to GEL

Amount
14:39 today
0.5 BAX
0.0001166
1 BAX
0.0002333
5 BAX
0.001166
10 BAX
0.002333
50 BAX
0.01166
100 BAX
0.02333
500 BAX
0.1166
1000 BAX
0.2333

GEL to BAX

Amount14:39 today
0.5GEL2,143.23  BAX
1GEL4,286.47  BAX
5GEL21,432.33  BAX
10GEL42,864.66  BAX
50GEL214,323.32  BAX
100GEL428,646.63  BAX
500GEL2,143,233.17  BAX
1000GEL4,286,466.33  BAX
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Today vs. 24 hours ago

Amount14:39 today24 hours ago24h change
0.5 BAX$0.{4}4219$0.{4}4361
-3.28%
1 BAX$0.{4}8437$0.{4}8722
-3.28%
5 BAX$0.0004219$0.0004361
-3.28%
10 BAX$0.0008437$0.0008722
-3.28%
50 BAX$0.004219$0.004361
-3.28%
100 BAX$0.008437$0.008722
-3.28%
500 BAX$0.04219$0.04361
-3.28%
1000 BAX$0.08437$0.08722
-3.28%

Today vs. 1 month ago

Amount14:39 today1 month ago1M change
0.5 BAX$0.{4}4219$0.{4}5274
-20.08%
1 BAX$0.{4}8437$0.0001055
-20.08%
5 BAX$0.0004219$0.0005274
-20.08%
10 BAX$0.0008437$0.001055
-20.08%
50 BAX$0.004219$0.005274
-20.08%
100 BAX$0.008437$0.01055
-20.08%
500 BAX$0.04219$0.05274
-20.08%
1000 BAX$0.08437$0.1055
-20.08%
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Today vs. 1 year ago

Amount14:39 today1 year ago1Y change
0.5 BAX$0.{4}4219$0.0001187
-64.53%
1 BAX$0.{4}8437$0.0002373
-64.53%
5 BAX$0.0004219$0.001187
-64.53%
10 BAX$0.0008437$0.002373
-64.53%
50 BAX$0.004219$0.01187
-64.53%
100 BAX$0.008437$0.02373
-64.53%
500 BAX$0.04219$0.1187
-64.53%
1000 BAX$0.08437$0.2373
-64.53%

BABB price prediction

What will the price of BAX be in 2025?

Based on BAX's historical price performance prediction model, the price of BAX is projected to reach $0.0001278 in 2025.

What will the price of BAX be in 2030?

In 2030, the BAX price is expected to change by -20.00%. By the end of 2030, the BAX price is projected to reach $0.0002210, with a cumulative ROI of +161.94%.
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between BABB and GEL.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as BABB and GEL. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of BABB in GEL, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.