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MITH to GEL Converter and calculator

MITH/GEL: 1 MITH = 0.0004939 GEL. The price of converting 1 Mithril (MITH) to Georgian Lari (GEL) is 0.0004939 GEL today.
MITH
MITH
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MITH to GEL real-time exchange rates, making it easy to convert Mithril (MITH) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 MITH is currently valued at 0.00 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MITH is currently valued at 0.00 GEL, which means buying 5 MITH would cost 0.00 GEL. Similarly, ₾1 GEL can be converted to 2,024.62 MITH, and ₾50 GEL can be converted to 10,123.11 MITH, excluding any platform or gas fees.

Convert MITH to GEL

Convert GEL to MITH

Mithril
Georgian Lari
1 MITH
0.0004939  GEL
2 MITH
0.0009878  GEL
10 MITH
0.004939  GEL
20 MITH
0.009878  GEL
100 MITH
0.04939  GEL
200 MITH
0.09878  GEL
1000 MITH
0.4939  GEL
In the table above, you'll find a comprehensive MITH to GEL converter that shows the value of Mithril in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 MITH to GEL, all the way up to 10000 MITH, providing a clear view of their respective values.
Georgian Lari
Mithril
100 GEL
202,462.26 MITH
200 GEL
404,924.52 MITH
500 GEL
1,012,311.3 MITH
1000 GEL
2,024,622.59 MITH
2000 GEL
4,049,245.18 MITH
5000 GEL
10,123,112.96 MITH
10000 GEL
20,246,225.92 MITH
50000 GEL
101,231,129.61 MITH
100000 GEL
202,462,259.22 MITH
In the table above, you'll find a comprehensive GEL to MITH converter that shows the value of Georgian Lari in Mithril across commonly used conversion amounts. The list covers conversions from 1 GEL to MITH, all the way up to 100000 GEL, providing a clear view of their respective values.

MITH to GEL chart

MITH/GEL: 1 MITH = 0.0004939 GEL; 2025/05/04 23:35:39
In the past 1D, Mithril has changed -6.27% to GEL. Based on the trend and price charts, Mithril(MITH) has changed -6.27% to GEL while Georgian Lari(GEL) has changed % to MITH in the last 24 hours.
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MITH to GEL conversion data: Volatility and price changes of Mithril in GEL

The highest Mithril price in GEL over the past 7 days was 0.0006160 GEL while the lowest Mithril price in GEL over the past 7 days was 0.0004404 GEL. The relative change between the highs and lows in Mithril price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and MITH to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0005371 GEL
0.0006160 GEL
0.0006286 GEL
0.0007589 GEL
Low
0.0004884 GEL
0.0004404 GEL
0.0003890 GEL
0.0003681 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-6.27%
+3.73%
+8.56%
+0.80%

Mithril information

MITH to GEL market statistics

MITH/GEL:
₾0.0004939
MITH 24h volume:
₾45,840.3
MITH market cap:
₾493,919.21
MITH circulating supply:
1.00B MITH

Current MITH to GEL exchange rate

Mithril to Georgian Lari is rising this week.
Mithril's current market price is ₾0.0004939 per MITH, with a total market cap of ₾493,919.21 GEL based on a circulating supply of 1,000,000,000 MITH. The trading volume of Mithril has changed by -4.91% (₾-2,365.20 GEL) in the last 24 hours. Last trading day, MITH's trading volume was ₾48,205.5.

More info about Mithril 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.

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

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How to convert MITH to GEL

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MITH to GEL Conversion tables

The exchange rate of Mithril is increasing.
The exchange rate of 1 MITH to Georgian Lari has changed by +3.73% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.27%, reaching a high of 0.0005371 GEL and a low of 0.0004884 GEL . One month ago, the value of 1 MITH was ₾0.0004550 GEL , which represents a +8.56% change from its current value. Over the last year, Mithril has changed by
-
0.001732GEL
, resulting in a change of -77.82% in its value.
24 hours ago1 month ago1 year ago
Amount23:35 today24 hours ago24h change
0.5 MITH₾0.0002470₾0.0002635
-6.27%
1 MITH₾0.0004939₾0.0005270
-6.27%
5 MITH₾0.002470₾0.002635
-6.27%
10 MITH₾0.004939₾0.005270
-6.27%
50 MITH₾0.02470₾0.02635
-6.27%
100 MITH₾0.04939₾0.05270
-6.27%
500 MITH₾0.2470₾0.2635
-6.27%
1000 MITH₾0.4939₾0.5270
-6.27%

MITH to GEL FAQ

How much is 1 Mithril in GEL?
Right now, the price of 1 Mithril (MITH) in Georgian Lari (GEL) is ₾0.0004939.
How much MITH can I buy for 1 GEL?
Based on the current exchange rate, you can get 2,024.62 MITH for 1 GEL.
How do I calculate or convert MITH to GEL?
You can use our MITH to GEL calculator at the top of this page to convert any amount of MITH to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 10,123.11 MITH, while 5 MITH will cost around 0.002470GEL.
What is the highest price of MITH/GEL in history?
The all-time high price of 1 MITH in GEL is ₾4.26. It remains to be seen if the value of 1 MITH/GEL will exceed the current all-time high.
What is the price trend of Mithril in GEL?
Over the past 7 days, the exchange rate of Mithril (MITH) has gone up by 3.73%.   Over the last month, the exchange rate of Mithril (MITH) has gone up by 8.56% against Georgian Lari (GEL).

What factors influence the conversion rate of MITH to GEL?

There are many factors that affect the relationship between Mithril 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 MITH/GEL. When there is positive news in the market about the widespread adoption of MITH or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MITH/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MITH/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 MITH/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 Mithril and adjust their investment strategies accordingly in the evolving market.

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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.