YAK
GEL
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Yield Yak(YAK) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 YAK at a value of 1 YAK for 1,399.76 GEL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
GEL 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 Yield Yak currency pair is the YAK to GEL, with for Yield Yak's currency code being YAK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.
YAK to GEL conversion rate trend
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In the past 1D, Yield Yak has changed -4.24% to GEL. Based on the trend and price charts, Yield Yak(YAK) has changed -4.24% to GEL while Georgian Lari(GEL) has changed % to YAK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₾1,435.57 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/25 00:33:06(UTC+0)
How to buy Yield Yak
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Buy Yield Yak (YAK)
Use a variety of payment options to buy Yield Yak on Bitget. We'll show you how.
Buy YAK (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading does not currently support direct buying of YAK with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy YAK with USDT via Bitget spot market.
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Sell YAK (or USDT) for GEL (Georgian Lari) offers
Bitget P2P trading currently does not support direct selling of YAK to GEL. However, you can first exchange YAK for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Yield Yak to Georgian Lari?
Yield Yak to Georgian Lari is rising this week.Yield Yak's current market price is ₾ 1,399.76 per YAK, with a total market cap of ₾ 0 GEL based on a circulating supply of -- YAK. The trading volume of Yield Yak has changed by -49.93% (₾ -18,862.89 GEL) in the last 24 hours. Last trading day, YAK's trading volume was ₾ 37,777.01.
Market cap
$0
24h volume
$6.90K
Circulating supply
0 YAK
Conversion tables
The exchange rate of Yield Yak is increasing.1 YAK is currently valued at ₾ 1,399.76 GEL , which means buying 5 YAK will cost ₾ 6,998.79 GEL . Similarly, ₾1 GEL can be traded for 0.0007144 YAK, and ₾50 GEL can be converted to 0.03572 YAK, excluding any platform or gas fees.
The exchange rate of 1 YAK to Georgian Lari has changed by +10.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.24%, reaching a high of 1,471.56 GEL and a low of 1,332.57 GEL . One month ago, the value of 1 YAK was ₾ 1,050.06 GEL , which represents a +33.30% change from its current value. Over the last year, Yield Yak has changed by , resulting in a change of -30.38% in its value.
-₾
610.72GELYAK to GEL
Amount
02:22 am today
0.5 YAK
₾699.88
1 YAK
₾1,399.76
5 YAK
₾6,998.79
10 YAK
₾13,997.58
50 YAK
₾69,987.91
100 YAK
₾139,975.81
500 YAK
₾699,879.06
1000 YAK
₾1,399,758.13
GEL to YAK
Amount02:22 am today
0.5GEL0.0003572 YAK
1GEL0.0007144 YAK
5GEL0.003572 YAK
10GEL0.007144 YAK
50GEL0.03572 YAK
100GEL0.07144 YAK
500GEL0.3572 YAK
1000GEL0.7144 YAK
Today vs. 24 hours ago
| Amount | 02:22 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 YAK | $255.43 | $266.75 | -4.24% |
| 1 YAK | $510.86 | $533.51 | -4.24% |
| 5 YAK | $2,554.3 | $2,667.54 | -4.24% |
| 10 YAK | $5,108.61 | $5,335.07 | -4.24% |
| 50 YAK | $25,543.03 | $26,675.36 | -4.24% |
| 100 YAK | $51,086.06 | $53,350.73 | -4.24% |
| 500 YAK | $255,430.32 | $266,753.65 | -4.24% |
| 1000 YAK | $510,860.63 | $533,507.3 | -4.24% |
Today vs. 1 month ago
| Amount | 02:22 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 YAK | $255.43 | $191.62 | +33.30% |
| 1 YAK | $510.86 | $383.23 | +33.30% |
| 5 YAK | $2,554.3 | $1,916.17 | +33.30% |
| 10 YAK | $5,108.61 | $3,832.34 | +33.30% |
| 50 YAK | $25,543.03 | $19,161.69 | +33.30% |
| 100 YAK | $51,086.06 | $38,323.38 | +33.30% |
| 500 YAK | $255,430.32 | $191,616.88 | +33.30% |
| 1000 YAK | $510,860.63 | $383,233.76 | +33.30% |
Today vs. 1 year ago
| Amount | 02:22 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 YAK | $255.43 | $366.87 | -30.38% |
| 1 YAK | $510.86 | $733.75 | -30.38% |
| 5 YAK | $2,554.3 | $3,668.75 | -30.38% |
| 10 YAK | $5,108.61 | $7,337.49 | -30.38% |
| 50 YAK | $25,543.03 | $36,687.47 | -30.38% |
| 100 YAK | $51,086.06 | $73,374.94 | -30.38% |
| 500 YAK | $255,430.32 | $366,874.7 | -30.38% |
| 1000 YAK | $510,860.63 | $733,749.4 | -30.38% |
Yield Yak price prediction
What will the price of YAK be in 2025?
Based on YAK's historical price performance prediction model, the price of YAK is projected to reach $696.37 in 2025.
What will the price of YAK be in 2030?
In 2030, the YAK price is expected to change by -3.00%. By the end of 2030, the YAK price is projected to reach $883.73, with a cumulative ROI of +75.58%.
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Popular Yield Yak conversions
Check out these popular currency conversions of Yield Yak to several fiat currencies.
Yield Yak to USD
1 YAK to $ 510.86 USD
Yield Yak to GBP
1 YAK to £ 405.57 GBP
Yield Yak to EUR
1 YAK to € 487.41 EUR
Yield Yak to KRW
1 YAK to ₩ 717,508.86 KRW
Yield Yak to CAD
1 YAK to $ 711.88 CAD
Yield Yak to AUD
1 YAK to $ 780.54 AUD
Yield Yak to JPY
1 YAK to ¥ 78,784.62 JPY
Yield Yak to BRL
1 YAK to R$ 2,966.06 BRL
Yield Yak to CNY
1 YAK to ¥ 3,703.64 CNY
Yield Yak to TWD
1 YAK to NT$ 16,644.86 TWD
Popular cryptocurrencies to GEL
Explore other cryptocurrencies based on your interest in Yield Yak.
Bitcoin to GEL
1 BTC to ₾ 267,523.52 GEL
MAD to GEL
1 MAD to ₾ 0.0001084 GEL
XRP to GEL
1 XRP to ₾ 3.8 GEL
Stellar to GEL
1 XLM to ₾ 1.41 GEL
Kusama to GEL
1 KSM to ₾ 106.35 GEL
Dogecoin to GEL
1 DOGE to ₾ 1.15 GEL
Hedera to GEL
1 HBAR to ₾ 0.3874 GEL
Cardano to GEL
1 ADA to ₾ 2.71 GEL
Polkadot to GEL
1 DOT to ₾ 23.46 GEL
Solana to GEL
1 SOL to ₾ 686.96 GEL
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Yield Yak and GEL.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Yield Yak and GEL. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Yield Yak in GEL, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
