MONKE to GEL Converter and calculator


Conversion rates
Convert MONKE to GEL
Convert GEL to MONKE
MONKE to GEL chart
MONKE to GEL conversion data: Volatility and price changes of MONKE in GEL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0005339 GEL | 0.0005352 GEL | 0.0008894 GEL | 0.006151 GEL |
Low | 0.0004888 GEL | 0.0004292 GEL | 0.0004292 GEL | 0.0004292 GEL |
Average | 0 GEL | 0 GEL | 0 GEL | 0 GEL |
Volatility | % | % | % | % |
Change | -8.46% | -0.15% | -17.87% | -90.10% |
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MONKE information
MONKE to GEL market statistics
Current MONKE to GEL exchange rate
MONKE to Georgian Lari is falling this week.More info about MONKE 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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MONKE to GEL Conversion tables
Amount | 23:10 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MONKE | ₾0.0002444 | ₾0.0002670 | -8.46% |
1 MONKE | ₾0.0004888 | ₾0.0005339 | -8.46% |
5 MONKE | ₾0.002444 | ₾0.002670 | -8.46% |
10 MONKE | ₾0.004888 | ₾0.005339 | -8.46% |
50 MONKE | ₾0.02444 | ₾0.02670 | -8.46% |
100 MONKE | ₾0.04888 | ₾0.05339 | -8.46% |
500 MONKE | ₾0.2444 | ₾0.2670 | -8.46% |
1000 MONKE | ₾0.4888 | ₾0.5339 | -8.46% |
MONKE to GEL FAQ
What factors influence the conversion rate of MONKE to GEL?
Popular exchange rates — Crypto-to-Fiat converter
The price of MONKE in the US is $0.0001810 USD. Additionally, MONKE’s price is €0.0001552 EUR in the eurozone, £0.0001348 GBP in the UK, C$0.0002539 CAD in Canada, ₹0.01593 INR in India, ₨0.05139 PKR in Pakistan, R$0.0009790 BRL in Brazil, and more.
The most popular MONKE currency pair is the MONKE to Georgian Lari(GEL). The price of 1 MONKE (MONKE) in Georgian Lari (GEL) is ₾0.0004888.
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