Bitget converter provides SOCKS to GEL real-time exchange rates, making it easy to convert Alpaca Socks (SOCKS) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 SOCKS is currently valued at 0.{4}1845 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOCKS is currently valued at 0.{4}1845 GEL, which means buying 5 SOCKS would cost 0.{4}9226 GEL. Similarly, ₾1 GEL can be converted to 54,194.16 SOCKS, and ₾50 GEL can be converted to 270,970.82 SOCKS, excluding any platform or gas fees.
Conversion rates
Convert SOCKS to GEL
Convert GEL to SOCKS
Alpaca Socks
Georgian Lari
1 SOCKS
0.{4}1845 GEL
Exchange 1 SOCKS for 0.{4}1845 GEL
2 SOCKS
0.{4}3690 GEL
Exchange 2 SOCKS for 0.{4}3690 GEL
5 SOCKS
0.{4}9226 GEL
Exchange 5 SOCKS for 0.{4}9226 GEL
10 SOCKS
0.0001845 GEL
Exchange 10 SOCKS for 0.0001845 GEL
20 SOCKS
0.0003690 GEL
Exchange 20 SOCKS for 0.0003690 GEL
50 SOCKS
0.0009226 GEL
Exchange 50 SOCKS for 0.0009226 GEL
100 SOCKS
0.001845 GEL
Exchange 100 SOCKS for 0.001845 GEL
200 SOCKS
0.003690 GEL
Exchange 200 SOCKS for 0.003690 GEL
500 SOCKS
0.009226 GEL
Exchange 500 SOCKS for 0.009226 GEL
1000 SOCKS
0.01845 GEL
Exchange 1000 SOCKS for 0.01845 GEL
5000 SOCKS
0.09226 GEL
Exchange 5000 SOCKS for 0.09226 GEL
10000 SOCKS
0.1845 GEL
Exchange 10000 SOCKS for 0.1845 GEL
In the table above, you'll find a comprehensive SOCKS to GEL converter that shows the value of Alpaca Socks in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 SOCKS to GEL, all the way up to 10000 SOCKS, providing a clear view of their respective values.
Georgian Lari
Alpaca Socks
1 GEL
54,194.16 SOCKS
Exchange 1 GEL for 54,194.16 SOCKS
10 GEL
541,941.65 SOCKS
Exchange 10 GEL for 541,941.65 SOCKS
50 GEL
2,709,708.25 SOCKS
Exchange 50 GEL for 2,709,708.25 SOCKS
100 GEL
5,419,416.5 SOCKS
Exchange 100 GEL for 5,419,416.5 SOCKS
200 GEL
10,838,833 SOCKS
Exchange 200 GEL for 10,838,833 SOCKS
500 GEL
27,097,082.49 SOCKS
Exchange 500 GEL for 27,097,082.49 SOCKS
1000 GEL
54,194,164.99 SOCKS
Exchange 1000 GEL for 54,194,164.99 SOCKS
2000 GEL
108,388,329.98 SOCKS
Exchange 2000 GEL for 108,388,329.98 SOCKS
5000 GEL
270,970,824.94 SOCKS
Exchange 5000 GEL for 270,970,824.94 SOCKS
10000 GEL
541,941,649.88 SOCKS
Exchange 10000 GEL for 541,941,649.88 SOCKS
50000 GEL
2,709,708,249.42 SOCKS
Exchange 50000 GEL for 2,709,708,249.42 SOCKS
100000 GEL
5,419,416,498.83 SOCKS
Exchange 100000 GEL for 5,419,416,498.83 SOCKS
In the table above, you'll find a comprehensive GEL to SOCKS converter that shows the value of Georgian Lari in Alpaca Socks across commonly used conversion amounts. The list covers conversions from 1 GEL to SOCKS, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, Alpaca Socks has changed -1.46% to GEL. Based on the trend and price charts, Alpaca Socks(SOCKS) has changed -1.46% to GEL while Georgian Lari(GEL) has changed % to SOCKS in the last 24 hours.
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SOCKS to GEL conversion data: Volatility and price changes of Alpaca Socks in GEL
The highest Alpaca Socks price in GEL over the past 7 days was 0.{4}1914 GEL while the lowest Alpaca Socks price in GEL over the past 7 days was 0.{4}1810 GEL. The relative change between the highs and lows in Alpaca Socks price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and SOCKS to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
0.{4}1873 GEL
0.{4}1914 GEL
0.{4}3855 GEL
0.001145 GEL
Low
0.{4}1845 GEL
0.{4}1810 GEL
0.{4}1717 GEL
0.{4}1717 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-1.46%
+1.61%
-18.04%
-97.97%
Buy
Sell
Buy SOCKS (or USDT) for GEL (Georgian Lari) offers
Alpaca Socks to Georgian Lari is rising this week.
Alpaca Socks's current market price is ₾0.{4}1845 per SOCKS, with a total market cap of ₾0 GEL based on a circulating supply of -- SOCKS. The trading volume of Alpaca Socks has changed by 0.00% (₾0 GEL) in the last 24 hours. Last trading day, SOCKS's trading volume was ₾0.
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 Alpaca Socks currency pair is the SOCKS to GEL, with for Alpaca Socks's currency code being SOCKS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 SOCKS to Georgian Lari has changed by +1.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.46%, reaching a high of 0.{4}1873 GEL and a low of 0.{4}1845 GEL . One month ago, the value of 1 SOCKS was ₾0.{4}2251 GEL , which represents a -18.04% change from its current value. Over the last year, Alpaca Socks has changed by
+₾
0.{4}1845GEL
, resulting in a change of -97.97% in its value.
24 hours ago1 month ago1 year ago
Amount
13:28 today
24 hours ago
24h change
0.5 SOCKS
₾0.{5}9226
₾0.{5}9363
-1.46%
1 SOCKS
₾0.{4}1845
₾0.{4}1873
-1.46%
5 SOCKS
₾0.{4}9226
₾0.{4}9363
-1.46%
10 SOCKS
₾0.0001845
₾0.0001873
-1.46%
50 SOCKS
₾0.0009226
₾0.0009363
-1.46%
100 SOCKS
₾0.001845
₾0.001873
-1.46%
500 SOCKS
₾0.009226
₾0.009363
-1.46%
1000 SOCKS
₾0.01845
₾0.01873
-1.46%
SOCKS to GEL FAQ
How much is 1 Alpaca Socks in GEL?
Right now, the price of 1 Alpaca Socks (SOCKS) in Georgian Lari (GEL) is ₾0.{4}1845.
How much SOCKS can I buy for 1 GEL?
Based on the current exchange rate, you can get 54,194.16 SOCKS for 1 GEL.
How do I calculate or convert SOCKS to GEL?
You can use our SOCKS to GEL calculator at the top of this page to convert any amount of SOCKS to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 270,970.82 SOCKS, while 5 SOCKS will cost around 0.{4}9226GEL.
What is the highest price of SOCKS/GEL in history?
The all-time high price of 1 SOCKS in GEL is ₾0.001145. It remains to be seen if the value of 1 SOCKS/GEL will exceed the current all-time high.
What is the price trend of Alpaca Socks in GEL?
Over the past 7 days, the exchange rate of Alpaca Socks (SOCKS) has gone up by 1.61%.
Over the last month, the exchange rate of Alpaca Socks (SOCKS) has gone down by 18.04% against Georgian Lari (GEL).
What factors influence the conversion rate of SOCKS to GEL?
There are many factors that affect the relationship between Alpaca Socks 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 SOCKS/GEL. When there is positive news in the market about the widespread adoption of SOCKS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOCKS/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOCKS/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 SOCKS/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 Alpaca Socks and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Alpaca Socks currency pairs: SOCKS to US Dollar (USD), SOCKS to Euro (EUR), SOCKS to Pound Sterling (GBP), SOCKS to Canadian Dollar (CAD), SOCKS to Indian Rupee (INR), SOCKS to Pakistani Rupee (PKR), SOCKS to Brazilian Real (BRL), SOCKS to… The price of Alpaca Socks in the US is $0.{5}6784 USD. Additionally, Alpaca Socks’s price is €0.{5}5825 EUR in the eurozone, £0.{5}5131 GBP in the UK, C$0.{5}9455 CAD in Canada, ₹0.0005984 INR in India, ₨0.001923 PKR in Pakistan, R$0.{4}3636 BRL in Brazil, and more. The most popular Alpaca Socks currency pair is the SOCKS to Georgian Lari(GEL). The price of 1 Alpaca Socks (SOCKS) in Georgian Lari (GEL) is ₾0.{4}1845.
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.