Bitget converter provides LOU to GEL real-time exchange rates, making it easy to convert Lou (LOU) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 LOU is currently valued at 0.001219 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LOU is currently valued at 0.001219 GEL, which means buying 5 LOU would cost 0.006096 GEL. Similarly, ₾1 GEL can be converted to 820.23 LOU, and ₾50 GEL can be converted to 4,101.13 LOU, excluding any platform or gas fees.
Conversion rates
Convert LOU to GEL
Convert GEL to LOU
Lou
Georgian Lari
1 LOU
0.001219 GEL
Exchange 1 LOU for 0.001219 GEL
2 LOU
0.002438 GEL
Exchange 2 LOU for 0.002438 GEL
5 LOU
0.006096 GEL
Exchange 5 LOU for 0.006096 GEL
10 LOU
0.01219 GEL
Exchange 10 LOU for 0.01219 GEL
20 LOU
0.02438 GEL
Exchange 20 LOU for 0.02438 GEL
50 LOU
0.06096 GEL
Exchange 50 LOU for 0.06096 GEL
100 LOU
0.1219 GEL
Exchange 100 LOU for 0.1219 GEL
200 LOU
0.2438 GEL
Exchange 200 LOU for 0.2438 GEL
500 LOU
0.6096 GEL
Exchange 500 LOU for 0.6096 GEL
1000 LOU
1.22 GEL
Exchange 1000 LOU for 1.22 GEL
5000 LOU
6.1 GEL
Exchange 5000 LOU for 6.1 GEL
10000 LOU
12.19 GEL
Exchange 10000 LOU for 12.19 GEL
In the table above, you'll find a comprehensive LOU to GEL converter that shows the value of Lou in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 LOU to GEL, all the way up to 10000 LOU, providing a clear view of their respective values.
Georgian Lari
Lou
1 GEL
820.23 LOU
Exchange 1 GEL for 820.23 LOU
10 GEL
8,202.26 LOU
Exchange 10 GEL for 8,202.26 LOU
50 GEL
41,011.32 LOU
Exchange 50 GEL for 41,011.32 LOU
100 GEL
82,022.63 LOU
Exchange 100 GEL for 82,022.63 LOU
200 GEL
164,045.27 LOU
Exchange 200 GEL for 164,045.27 LOU
500 GEL
410,113.16 LOU
Exchange 500 GEL for 410,113.16 LOU
1000 GEL
820,226.33 LOU
Exchange 1000 GEL for 820,226.33 LOU
2000 GEL
1,640,452.66 LOU
Exchange 2000 GEL for 1,640,452.66 LOU
5000 GEL
4,101,131.65 LOU
Exchange 5000 GEL for 4,101,131.65 LOU
10000 GEL
8,202,263.3 LOU
Exchange 10000 GEL for 8,202,263.3 LOU
50000 GEL
41,011,316.48 LOU
Exchange 50000 GEL for 41,011,316.48 LOU
100000 GEL
82,022,632.95 LOU
Exchange 100000 GEL for 82,022,632.95 LOU
In the table above, you'll find a comprehensive GEL to LOU converter that shows the value of Georgian Lari in Lou across commonly used conversion amounts. The list covers conversions from 1 GEL to LOU, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Lou has changed +1.67% to GEL. Based on the trend and price charts, Lou(LOU) has changed +1.67% to GEL while Georgian Lari(GEL) has changed % to LOU in the last 24 hours.
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LOU to GEL conversion data: Volatility and price changes of Lou in GEL
The highest Lou price in GEL over the past 7 days was 0.001236 GEL while the lowest Lou price in GEL over the past 7 days was 0.001047 GEL. The relative change between the highs and lows in Lou price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and LOU to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Lou's current market price is ₾0.001219 per LOU, with a total market cap of ₾1,219,111.85 GEL based on a circulating supply of 999,947,650 LOU. The trading volume of Lou has changed by +3.55% (₾111,016.53 GEL) in the last 24 hours. Last trading day, LOU's trading volume was ₾3,128,812.74.
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 Lou currency pair is the LOU to GEL, with for Lou's currency code being LOU. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 LOU to Georgian Lari has changed by +12.36% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.67%, reaching a high of 0.001236 GEL and a low of 0.001180 GEL . One month ago, the value of 1 LOU was ₾0.001428 GEL , which represents a -14.75% change from its current value. Over the last year, Lou has changed by
+₾
0.001207GEL
, resulting in a change of -26.56% in its value.
24 hours ago1 month ago1 year ago
Amount
04:09 am today
24 hours ago
24h change
0.5 LOU
₾0.0006096
₾0.0005997
+1.67%
1 LOU
₾0.001219
₾0.001199
+1.67%
5 LOU
₾0.006096
₾0.005997
+1.67%
10 LOU
₾0.01219
₾0.01199
+1.67%
50 LOU
₾0.06096
₾0.05997
+1.67%
100 LOU
₾0.1219
₾0.1199
+1.67%
500 LOU
₾0.6096
₾0.5997
+1.67%
1000 LOU
₾1.22
₾1.2
+1.67%
LOU to GEL FAQ
How much is 1 Lou in GEL?
Right now, the price of 1 Lou (LOU) in Georgian Lari (GEL) is ₾0.001219.
How much LOU can I buy for 1 GEL?
Based on the current exchange rate, you can get 820.23 LOU for 1 GEL.
How do I calculate or convert LOU to GEL?
You can use our LOU to GEL calculator at the top of this page to convert any amount of LOU to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 4,101.13 LOU, while 5 LOU will cost around 0.006096GEL.
What is the highest price of LOU/GEL in history?
The all-time high price of 1 LOU in GEL is ₾0.06757. It remains to be seen if the value of 1 LOU/GEL will exceed the current all-time high.
What is the price trend of Lou in GEL?
Over the past 7 days, the exchange rate of Lou (LOU) has gone up by 12.36%.
Over the last month, the exchange rate of Lou (LOU) has gone down by 14.75% against Georgian Lari (GEL).
What factors influence the conversion rate of LOU to GEL?
There are many factors that affect the relationship between Lou 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 LOU/GEL. When there is positive news in the market about the widespread adoption of LOU or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LOU/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LOU/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 LOU/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 Lou and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Lou currency pairs: LOU to US Dollar (USD), LOU to Euro (EUR), LOU to Pound Sterling (GBP), LOU to Canadian Dollar (CAD), LOU to Indian Rupee (INR), LOU to Pakistani Rupee (PKR), LOU to Brazilian Real (BRL), LOU to… The price of Lou in the US is $0.0004524 USD. Additionally, Lou’s price is €0.0003884 EUR in the eurozone, £0.0003349 GBP in the UK, C$0.0006235 CAD in Canada, ₹0.03966 INR in India, ₨0.1280 PKR in Pakistan, R$0.002451 BRL in Brazil, and more. The most popular Lou currency pair is the LOU to Georgian Lari(GEL). The price of 1 Lou (LOU) in Georgian Lari (GEL) is ₾0.001219.
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.