PIP
GEL
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Pip(PIP) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 PIP at a value of 1 PIP for 0.09 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.
Bitget crypto-to-fiat exchange data shows that the most popular Pip currency pair is the PIP to GEL, with for Pip's currency code being PIP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
PIP to GEL conversion rate trend
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In the past 1D, Pip has changed +12.22% to GEL. Based on the trend and price charts, Pip(PIP) has changed +12.22% to GEL while Georgian Lari(GEL) has changed % to PIP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₾0.09013 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ₾0.08912 | 0.1000% / 0.1000% | Yes |
Bybit | ₾0.09016 | 0.1000% / 0.1000% | Yes |
KuCoin | ₾0.08952 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/27 16:00:18(UTC+0)
How to buy Pip
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Pip (PIP)
Use a variety of payment options to buy Pip on Bitget. We'll show you how.
Learn MoreBuy PIP (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading does not currently support direct buying of PIP with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy PIP with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell PIP (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading currently does not support direct selling of PIP to GEL. However, you can first exchange PIP for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Pip to Georgian Lari?
Pip to Georgian Lari is falling this week.Pip's current market price is ₾ 0.09244 per PIP, with a total market cap of ₾ 15,006,452.55 GEL based on a circulating supply of 162,333,220 PIP. The trading volume of Pip has changed by +38.14% (₾ 139,074.77 GEL) in the last 24 hours. Last trading day, PIP's trading volume was ₾ 364,638.03.
Market cap
$5.36M
24h volume
$179.90K
Circulating supply
162.33M PIP
Conversion tables
The exchange rate of Pip is increasing.1 PIP is currently valued at ₾ 0.09244 GEL , which means buying 5 PIP will cost ₾ 0.4622 GEL . Similarly, ₾1 GEL can be traded for 10.82 PIP, and ₾50 GEL can be converted to 540.88 PIP, excluding any platform or gas fees.
The exchange rate of 1 PIP to Georgian Lari has changed by -7.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.22%, reaching a high of 0.09544 GEL and a low of 0.08281 GEL . One month ago, the value of 1 PIP was ₾ 0.07119 GEL , which represents a +29.90% change from its current value. Over the last year, Pip has changed by , resulting in a change of -77.64% in its value.
-₾
0.3206GELPIP to GEL
Amount
20:23 today
0.5 PIP
₾0.04622
1 PIP
₾0.09244
5 PIP
₾0.4622
10 PIP
₾0.9244
50 PIP
₾4.62
100 PIP
₾9.24
500 PIP
₾46.22
1000 PIP
₾92.44
GEL to PIP
Amount20:23 today
0.5GEL5.41 PIP
1GEL10.82 PIP
5GEL54.09 PIP
10GEL108.18 PIP
50GEL540.88 PIP
100GEL1,081.76 PIP
500GEL5,408.78 PIP
1000GEL10,817.56 PIP
Today vs. 24 hours ago
| Amount | 20:23 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PIP | $0.01651 | $0.01471 | +12.22% |
| 1 PIP | $0.03302 | $0.02942 | +12.22% |
| 5 PIP | $0.1651 | $0.1471 | +12.22% |
| 10 PIP | $0.3302 | $0.2942 | +12.22% |
| 50 PIP | $1.65 | $1.47 | +12.22% |
| 100 PIP | $3.3 | $2.94 | +12.22% |
| 500 PIP | $16.51 | $14.71 | +12.22% |
| 1000 PIP | $33.02 | $29.42 | +12.22% |
Today vs. 1 month ago
| Amount | 20:23 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PIP | $0.01651 | $0.01271 | +29.90% |
| 1 PIP | $0.03302 | $0.02542 | +29.90% |
| 5 PIP | $0.1651 | $0.1271 | +29.90% |
| 10 PIP | $0.3302 | $0.2542 | +29.90% |
| 50 PIP | $1.65 | $1.27 | +29.90% |
| 100 PIP | $3.3 | $2.54 | +29.90% |
| 500 PIP | $16.51 | $12.71 | +29.90% |
| 1000 PIP | $33.02 | $25.42 | +29.90% |
Today vs. 1 year ago
| Amount | 20:23 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PIP | $0.01651 | $0.07376 | -77.64% |
| 1 PIP | $0.03302 | $0.1475 | -77.64% |
| 5 PIP | $0.1651 | $0.7376 | -77.64% |
| 10 PIP | $0.3302 | $1.48 | -77.64% |
| 50 PIP | $1.65 | $7.38 | -77.64% |
| 100 PIP | $3.3 | $14.75 | -77.64% |
| 500 PIP | $16.51 | $73.76 | -77.64% |
| 1000 PIP | $33.02 | $147.52 | -77.64% |
Pip price prediction
What will the price of PIP be in 2025?
Based on PIP's historical price performance prediction model, the price of PIP is projected to reach $0.04745 in 2025.
What will the price of PIP be in 2030?
In 2030, the PIP price is expected to change by -15.00%. By the end of 2030, the PIP price is projected to reach $0.07804, with a cumulative ROI of +152.66%.
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Popular Pip conversions
Check out these popular currency conversions of Pip to several fiat currencies.
Pip to USD
1 PIP to $ 0.03302 USD
Pip to GBP
1 PIP to £ 0.02626 GBP
Pip to EUR
1 PIP to € 0.03166 EUR
Pip to KRW
1 PIP to ₩ 48.64 KRW
Pip to CAD
1 PIP to $ 0.04761 CAD
Pip to AUD
1 PIP to $ 0.05310 AUD
Pip to JPY
1 PIP to ¥ 5.21 JPY
Pip to BRL
1 PIP to R$ 0.2044 BRL
Pip to CNY
1 PIP to ¥ 0.2410 CNY
Pip to TWD
1 PIP to NT$ 1.08 TWD
Popular cryptocurrencies to GEL
Explore other cryptocurrencies based on your interest in Pip.
Ethereum to GEL
1 ETH to ₾ 9,331.54 GEL
GMT to GEL
1 GMT to ₾ 0.5733 GEL
Bitcoin to GEL
1 BTC to ₾ 263,913.16 GEL
BNB to GEL
1 BNB to ₾ 1,937.16 GEL
TRON to GEL
1 TRX to ₾ 0.7265 GEL
XRP to GEL
1 XRP to ₾ 6.06 GEL
Stratis [New] to GEL
1 STRAX to ₾ 0.2160 GEL
![other assets Stratis [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/9a7d28f236a930ed5ccfa997352e6b521711645984131.png)
Uniswap to GEL
1 UNI to ₾ 37.36 GEL
Cardano to GEL
1 ADA to ₾ 2.49 GEL
Ethereum Name Service to GEL
1 ENS to ₾ 95.03 GEL
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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 Pip 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 Pip 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 Pip 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.
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.
