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OLIO to Georgian Lari (OIL to GEL)

OIL to GEL Converter and calculator

OIL/GEL: 1 OIL = 0.0002660 GEL. The price of converting 1 OLIO (OIL) to Georgian Lari (GEL) is 0.0002660 GEL today.
OIL
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GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OIL to GEL real-time exchange rates, making it easy to convert OLIO (OIL) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 OIL is currently valued at 0.0002660 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OIL is currently valued at 0.0002660 GEL, which means buying 5 OIL would cost 0.001330 GEL. Similarly, ₾1 GEL can be converted to 3,759.83 OIL, and ₾50 GEL can be converted to 18,799.15 OIL, excluding any platform or gas fees.

Convert OIL to GEL

Convert GEL to OIL

OLIO
Georgian Lari
1 OIL
0.0002660  GEL
Exchange 1 OIL for 0.0002660 GEL
2 OIL
0.0005319  GEL
Exchange 2 OIL for 0.0005319 GEL
5 OIL
0.001330  GEL
Exchange 5 OIL for 0.001330 GEL
10 OIL
0.002660  GEL
Exchange 10 OIL for 0.002660 GEL
20 OIL
0.005319  GEL
Exchange 20 OIL for 0.005319 GEL
50 OIL
0.01330  GEL
Exchange 50 OIL for 0.01330 GEL
100 OIL
0.02660  GEL
Exchange 100 OIL for 0.02660 GEL
200 OIL
0.05319  GEL
Exchange 200 OIL for 0.05319 GEL
500 OIL
0.1330  GEL
Exchange 500 OIL for 0.1330 GEL
1000 OIL
0.2660  GEL
Exchange 1000 OIL for 0.2660 GEL
5000 OIL
1.33  GEL
Exchange 5000 OIL for 1.33 GEL
10000 OIL
2.66  GEL
Exchange 10000 OIL for 2.66 GEL
In the table above, you'll find a comprehensive OIL to GEL converter that shows the value of OLIO in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 OIL to GEL, all the way up to 10000 OIL, providing a clear view of their respective values.
Georgian Lari
OLIO
1 GEL
3,759.83 OIL
Exchange 1 GEL for 3,759.83 OIL
10 GEL
37,598.31 OIL
Exchange 10 GEL for 37,598.31 OIL
50 GEL
187,991.53 OIL
Exchange 50 GEL for 187,991.53 OIL
100 GEL
375,983.06 OIL
Exchange 100 GEL for 375,983.06 OIL
200 GEL
751,966.11 OIL
Exchange 200 GEL for 751,966.11 OIL
500 GEL
1,879,915.28 OIL
Exchange 500 GEL for 1,879,915.28 OIL
1000 GEL
3,759,830.56 OIL
Exchange 1000 GEL for 3,759,830.56 OIL
2000 GEL
7,519,661.12 OIL
Exchange 2000 GEL for 7,519,661.12 OIL
5000 GEL
18,799,152.79 OIL
Exchange 5000 GEL for 18,799,152.79 OIL
10000 GEL
37,598,305.58 OIL
Exchange 10000 GEL for 37,598,305.58 OIL
50000 GEL
187,991,527.9 OIL
Exchange 50000 GEL for 187,991,527.9 OIL
100000 GEL
375,983,055.8 OIL
Exchange 100000 GEL for 375,983,055.8 OIL
In the table above, you'll find a comprehensive GEL to OIL converter that shows the value of Georgian Lari in OLIO across commonly used conversion amounts. The list covers conversions from 1 GEL to OIL, all the way up to 100000 GEL, providing a clear view of their respective values.

OIL to GEL chart

OIL/GEL: 1 OIL = 0.0002660 GEL; 2026/02/13 00:45:10
In the past 1D, OLIO has changed +8.77% to GEL. Based on the trend and price charts, OLIO(OIL) has changed +8.77% to GEL while Georgian Lari(GEL) has changed % to OIL in the last 24 hours.
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OIL to GEL conversion data: Volatility and price changes of OLIO in GEL

The highest OLIO price in GEL over the past 7 days was -- GEL while the lowest OLIO price in GEL over the past 7 days was -- GEL. The relative change between the highs and lows in OLIO price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and OIL 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
0.0002915 GEL
-- GEL
-- GEL
-- GEL
Low
0.{4}2721 GEL
-- GEL
-- GEL
-- GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+8.77%
--
--
--

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Buy OIL (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading does not currently support direct buying of OIL with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy OIL with USDT via Bitget spot market.
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OLIO information

OIL to GEL market statistics

OIL/GEL:
₾0.0002660
OIL 24h volume:
₾56,612,212.01
OIL market cap:
₾265,968.17
OIL circulating supply:
1000.00M OIL

Current OIL to GEL exchange rate

OLIO to Georgian Lari is falling this week.
OLIO's current market price is ₾0.0002660 per OIL, with a total market cap of ₾265,968.17 GEL based on a circulating supply of 999,995,200 OIL. The trading volume of OLIO has changed by --% (₾-- GEL) in the last 24 hours. Last trading day, OIL's trading volume was ₾--.

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

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How to convert OIL to GEL

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OIL to GEL Conversion tables

The exchange rate of OLIO is decreasing.
The exchange rate of 1 OIL to Georgian Lari has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.77%, reaching a high of 0.0002915 GEL and a low of 0.{4}2721 GEL . One month ago, the value of 1 OIL was ₾-- GEL , which represents a --% change from its current value. Over the last year, OLIO has changed by
-
--GEL
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 00:45 am today 24 hours ago 24h change
0.5 OIL
₾0.0001330₾--
+8.77%
1 OIL
₾0.0002660₾--
+8.77%
5 OIL
₾0.001330₾--
+8.77%
10 OIL
₾0.002660₾--
+8.77%
50 OIL
₾0.01330₾--
+8.77%
100 OIL
₾0.02660₾--
+8.77%
500 OIL
₾0.1330₾--
+8.77%
1000 OIL
₾0.2660₾--
+8.77%

OIL to GEL FAQ

How much is 1 OLIO in GEL?
Right now, the price of 1 OLIO (OIL) in Georgian Lari (GEL) is ₾0.0002660.
How much OIL can I buy for 1 GEL?
Based on the current exchange rate, you can get 3,759.83 OIL for 1 GEL.
How do I calculate or convert OIL to GEL?
You can use our OIL to GEL calculator at the top of this page to convert any amount of OIL to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 18,799.15 OIL, while 5 OIL will cost around 0.001330GEL.
What is the highest price of OIL/GEL in history?
The all-time high price of 1 OIL in GEL is --. It remains to be seen if the value of 1 OIL/GEL will exceed the current all-time high.
What is the price trend of OLIO in GEL?
Over the past 7 days, the exchange rate of OLIO (OIL) has gone down by --.   Over the last month, the exchange rate of OLIO (OIL) has gone down by -- against Georgian Lari (GEL).

What factors influence the conversion rate of OIL to GEL?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular OLIO currency pairs: OIL to US Dollar (USD), OIL to Euro (EUR), OIL to Pound Sterling (GBP), OIL to Canadian Dollar (CAD), OIL to Indian Rupee (INR), OIL to Pakistani Rupee (PKR), OIL to Brazilian Real (BRL), OIL to…
The price of OLIO in the US is $0.C$0.00013469887 USD. Additionally, OLIO’s price is €0.{4}8329 EUR in the eurozone, £0.{4}7258 GBP in the UK, {4} CAD in Canada, ₹0.008954 INR in India, ₨0.02765 PKR in Pakistan, R$0.0005154 BRL in Brazil, and more.
The most popular OLIO currency pair is the OIL to Georgian Lari(GEL). The price of 1 OLIO (OIL) in Georgian Lari (GEL) is ₾0.0002660.

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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.
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