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ROOT to GEL Converter and calculator

ROOT/GEL: 1 ROOT = 0.01607 GEL. The price of converting 1 The Root Network (ROOT) to Georgian Lari (GEL) is 0.01607 GEL today.
ROOT
ROOT
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ROOT to GEL real-time exchange rates, making it easy to convert The Root Network (ROOT) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 ROOT is currently valued at 0.02 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ROOT is currently valued at 0.02 GEL, which means buying 5 ROOT would cost 0.08 GEL. Similarly, ₾1 GEL can be converted to 62.24 ROOT, and ₾50 GEL can be converted to 311.19 ROOT, excluding any platform or gas fees.

Convert ROOT to GEL

Convert GEL to ROOT

The Root Network
Georgian Lari
10000 ROOT
160.68  GEL
In the table above, you'll find a comprehensive ROOT to GEL converter that shows the value of The Root Network in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 ROOT to GEL, all the way up to 10000 ROOT, providing a clear view of their respective values.
Georgian Lari
The Root Network
1000 GEL
62,237.41 ROOT
2000 GEL
124,474.82 ROOT
5000 GEL
311,187.06 ROOT
10000 GEL
622,374.12 ROOT
50000 GEL
3,111,870.62 ROOT
100000 GEL
6,223,741.24 ROOT
In the table above, you'll find a comprehensive GEL to ROOT converter that shows the value of Georgian Lari in The Root Network across commonly used conversion amounts. The list covers conversions from 1 GEL to ROOT, all the way up to 100000 GEL, providing a clear view of their respective values.

ROOT to GEL chart

ROOT/GEL: 1 ROOT = 0.01607 GEL; 2025/04/27 20:02:48
In the past 1D, The Root Network has changed +0.71% to GEL. Based on the trend and price charts, The Root Network(ROOT) has changed +0.71% to GEL while Georgian Lari(GEL) has changed % to ROOT in the last 24 hours.
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ROOT to GEL conversion data: Volatility and price changes of The Root Network in GEL

The highest The Root Network price in GEL over the past 7 days was 0.01798 GEL while the lowest The Root Network price in GEL over the past 7 days was 0.01532 GEL. The relative change between the highs and lows in The Root Network price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and ROOT 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
0.01607 GEL
0.01798 GEL
0.02586 GEL
0.06195 GEL
Low
0.01532 GEL
0.01532 GEL
0.01388 GEL
0.01388 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+0.71%
+1.38%
-32.03%
-70.37%

The Root Network information

ROOT to GEL market statistics

ROOT/GEL:
₾0.01607
ROOT 24h volume:
₾18,185,524.84
ROOT market cap:
₾23,246,797.09
ROOT circulating supply:
1.45B ROOT

Current ROOT to GEL exchange rate

The Root Network to Georgian Lari is rising this week.
The Root Network's current market price is ₾0.01607 per ROOT, with a total market cap of ₾23,246,797.09 GEL based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by +341.26% (₾14,064,213.61 GEL) in the last 24 hours. Last trading day, ROOT's trading volume was ₾4,121,311.23.

More info about The Root Network 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 The Root Network currency pair is the ROOT to GEL, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

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How to convert ROOT to GEL

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Convert ROOT to GEL
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Bitget P2P trading does not currently support direct buying of ROOT with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy ROOT with USDT via Bitget spot market.
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ROOT to GEL Conversion tables

The exchange rate of The Root Network is decreasing.
The exchange rate of 1 ROOT to Georgian Lari has changed by +1.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.71%, reaching a high of 0.01607 GEL and a low of 0.01532 GEL . One month ago, the value of 1 ROOT was ₾0.02364 GEL , which represents a -32.03% change from its current value. Over the last year, The Root Network has changed by
-
0.1107GEL
, resulting in a change of -87.33% in its value.
24 hours ago1 month ago1 year ago
Amount20:02 today24 hours ago24h change
0.5 ROOT₾0.008034₾0.007977
+0.71%
1 ROOT₾0.01607₾0.01595
+0.71%
5 ROOT₾0.08034₾0.07977
+0.71%
10 ROOT₾0.1607₾0.1595
+0.71%
50 ROOT₾0.8034₾0.7977
+0.71%
100 ROOT₾1.61₾1.6
+0.71%
500 ROOT₾8.03₾7.98
+0.71%
1000 ROOT₾16.07₾15.95
+0.71%

ROOT to GEL FAQ

How much is 1 The Root Network in GEL?
Right now, the price of 1 The Root Network (ROOT) in Georgian Lari (GEL) is ₾0.01607.
How much ROOT can I buy for 1 GEL?
Based on the current exchange rate, you can get 62.24 ROOT for 1 GEL.
How do I calculate or convert ROOT to GEL?
You can use our ROOT to GEL calculator at the top of this page to convert any amount of ROOT to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 311.19 ROOT, while 5 ROOT will cost around 0.08034GEL.
What is the highest price of ROOT/GEL in history?
The all-time high price of 1 ROOT in GEL is ₾1.27. It remains to be seen if the value of 1 ROOT/GEL will exceed the current all-time high.
What is the price trend of The Root Network in GEL?
Over the past 7 days, the exchange rate of The Root Network (ROOT) has gone up by 1.38%.   Over the last month, the exchange rate of The Root Network (ROOT) has gone down by 32.03% against Georgian Lari (GEL).

What factors influence the conversion rate of ROOT to GEL?

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