Bitget converter provides SOP to GEL real-time exchange rates, making it easy to convert SoPay (SOP) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 SOP is currently valued at 0.{4}3094 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOP is currently valued at 0.{4}3094 GEL, which means buying 5 SOP would cost 0.0001547 GEL. Similarly, ₾1 GEL can be converted to 32,322.14 SOP, and ₾50 GEL can be converted to 161,610.71 SOP, excluding any platform or gas fees.
Conversion rates
Convert SOP to GEL
Convert GEL to SOP
SoPay
Georgian Lari
1 SOP
0.{4}3094 GEL
Exchange 1 SOP for 0.{4}3094 GEL
2 SOP
0.{4}6188 GEL
Exchange 2 SOP for 0.{4}6188 GEL
5 SOP
0.0001547 GEL
Exchange 5 SOP for 0.0001547 GEL
10 SOP
0.0003094 GEL
Exchange 10 SOP for 0.0003094 GEL
20 SOP
0.0006188 GEL
Exchange 20 SOP for 0.0006188 GEL
50 SOP
0.001547 GEL
Exchange 50 SOP for 0.001547 GEL
100 SOP
0.003094 GEL
Exchange 100 SOP for 0.003094 GEL
200 SOP
0.006188 GEL
Exchange 200 SOP for 0.006188 GEL
500 SOP
0.01547 GEL
Exchange 500 SOP for 0.01547 GEL
1000 SOP
0.03094 GEL
Exchange 1000 SOP for 0.03094 GEL
5000 SOP
0.1547 GEL
Exchange 5000 SOP for 0.1547 GEL
10000 SOP
0.3094 GEL
Exchange 10000 SOP for 0.3094 GEL
In the table above, you'll find a comprehensive SOP to GEL converter that shows the value of SoPay in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 SOP to GEL, all the way up to 10000 SOP, providing a clear view of their respective values.
Georgian Lari
SoPay
1 GEL
32,322.14 SOP
Exchange 1 GEL for 32,322.14 SOP
10 GEL
323,221.41 SOP
Exchange 10 GEL for 323,221.41 SOP
50 GEL
1,616,107.07 SOP
Exchange 50 GEL for 1,616,107.07 SOP
100 GEL
3,232,214.13 SOP
Exchange 100 GEL for 3,232,214.13 SOP
200 GEL
6,464,428.26 SOP
Exchange 200 GEL for 6,464,428.26 SOP
500 GEL
16,161,070.66 SOP
Exchange 500 GEL for 16,161,070.66 SOP
1000 GEL
32,322,141.32 SOP
Exchange 1000 GEL for 32,322,141.32 SOP
2000 GEL
64,644,282.63 SOP
Exchange 2000 GEL for 64,644,282.63 SOP
5000 GEL
161,610,706.58 SOP
Exchange 5000 GEL for 161,610,706.58 SOP
10000 GEL
323,221,413.16 SOP
Exchange 10000 GEL for 323,221,413.16 SOP
50000 GEL
1,616,107,065.79 SOP
Exchange 50000 GEL for 1,616,107,065.79 SOP
100000 GEL
3,232,214,131.58 SOP
Exchange 100000 GEL for 3,232,214,131.58 SOP
In the table above, you'll find a comprehensive GEL to SOP converter that shows the value of Georgian Lari in SoPay across commonly used conversion amounts. The list covers conversions from 1 GEL to SOP, all the way up to 100000 GEL, providing a clear view of their respective values.
In the past 1D, SoPay has changed -0.03% to GEL. Based on the trend and price charts, SoPay(SOP) has changed -0.03% to GEL while Georgian Lari(GEL) has changed % to SOP in the last 24 hours.
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SOP to GEL conversion data: Volatility and price changes of SoPay in GEL
The highest SoPay price in GEL over the past 7 days was 0.{4}4613 GEL while the lowest SoPay price in GEL over the past 7 days was 0.{4}3839 GEL. The relative change between the highs and lows in SoPay price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and SOP to GEL prices for the past 24 hours, 30 days, and 90 days in the table above.
SoPay's current market price is ₾0.{4}3094 per SOP, with a total market cap of ₾0 GEL based on a circulating supply of -- SOP. The trading volume of SoPay has changed by -20.98% (₾-44,831.05 GEL) in the last 24 hours. Last trading day, SOP's trading volume was ₾213,666.39.
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 SoPay currency pair is the SOP to GEL, with for SoPay's currency code being SOP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
The exchange rate of 1 SOP to Georgian Lari has changed by -18.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.03%, reaching a high of 0.{4}3850 GEL and a low of 0.{4}3839 GEL . One month ago, the value of 1 SOP was ₾0.{4}2695 GEL , which represents a +11.58% change from its current value. Over the last year, SoPay has changed by
-₾
0.{4}1164GEL
, resulting in a change of -23.23% in its value.
24 hours ago1 month ago1 year ago
Amount
00:07 am today
24 hours ago
24h change
0.5 SOP
₾0.{4}1547
₾0.{4}1548
-0.03%
1 SOP
₾0.{4}3094
₾0.{4}3095
-0.03%
5 SOP
₾0.0001547
₾0.0001548
-0.03%
10 SOP
₾0.0003094
₾0.0003095
-0.03%
50 SOP
₾0.001547
₾0.001548
-0.03%
100 SOP
₾0.003094
₾0.003095
-0.03%
500 SOP
₾0.01547
₾0.01548
-0.03%
1000 SOP
₾0.03094
₾0.03095
-0.03%
SOP to GEL FAQ
How much is 1 SoPay in GEL?
Right now, the price of 1 SoPay (SOP) in Georgian Lari (GEL) is ₾0.{4}3094.
How much SOP can I buy for 1 GEL?
Based on the current exchange rate, you can get 32,322.14 SOP for 1 GEL.
How do I calculate or convert SOP to GEL?
You can use our SOP to GEL calculator at the top of this page to convert any amount of SOP to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 161,610.71 SOP, while 5 SOP will cost around 0.0001547GEL.
What is the highest price of SOP/GEL in history?
The all-time high price of 1 SOP in GEL is ₾0.08512. It remains to be seen if the value of 1 SOP/GEL will exceed the current all-time high.
What is the price trend of SoPay in GEL?
Over the past 7 days, the exchange rate of SoPay (SOP) has gone down by 18.17%.
Over the last month, the exchange rate of SoPay (SOP) has gone up by 11.58% against Georgian Lari (GEL).
What factors influence the conversion rate of SOP to GEL?
There are many factors that affect the relationship between SoPay 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 SOP/GEL. When there is positive news in the market about the widespread adoption of SOP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOP/GEL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOP/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 SOP/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 SoPay and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular SoPay currency pairs: SOP to US Dollar (USD), SOP to Euro (EUR), SOP to Pound Sterling (GBP), SOP to Canadian Dollar (CAD), SOP to Indian Rupee (INR), SOP to Pakistani Rupee (PKR), SOP to Brazilian Real (BRL), SOP to… The price of SoPay in the US is $0.{4}1142 USD. Additionally, SoPay’s price is €0.{5}9810 EUR in the eurozone, £0.{5}8505 GBP in the UK, C$0.{4}1563 CAD in Canada, ₹0.0009805 INR in India, ₨0.003254 PKR in Pakistan, R$0.{4}6357 BRL in Brazil, and more. The most popular SoPay currency pair is the SOP to Georgian Lari(GEL). The price of 1 SoPay (SOP) in Georgian Lari (GEL) is ₾0.{4}3094.
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.