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RAFF to GEL Converter and calculator

RAFF/GEL: 1 RAFF = 0.2239 GEL. The price of converting 1 Ton Raffles (RAFF) to Georgian Lari (GEL) is 0.2239 GEL today.
RAFF
RAFF
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RAFF to GEL real-time exchange rates, making it easy to convert Ton Raffles (RAFF) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 RAFF is currently valued at 0.22 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RAFF is currently valued at 0.22 GEL, which means buying 5 RAFF would cost 1.12 GEL. Similarly, ₾1 GEL can be converted to 4.47 RAFF, and ₾50 GEL can be converted to 22.34 RAFF, excluding any platform or gas fees.

Convert RAFF to GEL

Convert GEL to RAFF

Ton Raffles
Georgian Lari
1000 RAFF
223.85  GEL
5000 RAFF
1,119.26  GEL
10000 RAFF
2,238.53  GEL
In the table above, you'll find a comprehensive RAFF to GEL converter that shows the value of Ton Raffles in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 RAFF to GEL, all the way up to 10000 RAFF, providing a clear view of their respective values.
Georgian Lari
Ton Raffles
5000 GEL
22,336.11 RAFF
10000 GEL
44,672.22 RAFF
50000 GEL
223,361.09 RAFF
100000 GEL
446,722.18 RAFF
In the table above, you'll find a comprehensive GEL to RAFF converter that shows the value of Georgian Lari in Ton Raffles across commonly used conversion amounts. The list covers conversions from 1 GEL to RAFF, all the way up to 100000 GEL, providing a clear view of their respective values.

RAFF to GEL chart

RAFF/GEL: 1 RAFF = 0.2239 GEL; 2025/05/01 06:45:56
In the past 1D, Ton Raffles has changed -0.91% to GEL. Based on the trend and price charts, Ton Raffles(RAFF) has changed -0.91% to GEL while Georgian Lari(GEL) has changed % to RAFF in the last 24 hours.
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RAFF to GEL conversion data: Volatility and price changes of Ton Raffles in GEL

The highest Ton Raffles price in GEL over the past 7 days was 0.2309 GEL while the lowest Ton Raffles price in GEL over the past 7 days was 0.2227 GEL. The relative change between the highs and lows in Ton Raffles price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and RAFF 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
0.2277 GEL
0.2309 GEL
0.2535 GEL
0.3419 GEL
Low
0.2235 GEL
0.2227 GEL
0.2152 GEL
0.1886 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
-0.91%
+1.20%
-10.91%
-33.54%

Ton Raffles information

RAFF to GEL market statistics

RAFF/GEL:
₾0.2239
RAFF 24h volume:
₾524.47
RAFF market cap:
--
RAFF circulating supply:
0 RAFF

Current RAFF to GEL exchange rate

Ton Raffles to Georgian Lari is rising this week.
Ton Raffles's current market price is ₾0.2239 per RAFF, with a total market cap of ₾0 GEL based on a circulating supply of -- RAFF. The trading volume of Ton Raffles has changed by -76.75% (₾-1,731.23 GEL) in the last 24 hours. Last trading day, RAFF's trading volume was ₾2,255.7.

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

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How to convert RAFF to GEL

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Bitget P2P trading does not currently support direct buying of RAFF with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy RAFF with USDT via Bitget spot market.
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1 RAFF to C$0.1125 CAD
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1 RAFF to ¥11.76 JPY
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RAFF to GEL Conversion tables

The exchange rate of Ton Raffles is decreasing.
The exchange rate of 1 RAFF to Georgian Lari has changed by +1.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.91%, reaching a high of 0.2277 GEL and a low of 0.2235 GEL . One month ago, the value of 1 RAFF was ₾0.2514 GEL , which represents a -10.91% change from its current value. Over the last year, Ton Raffles has changed by
-
1.81GEL
, resulting in a change of -88.96% in its value.
24 hours ago1 month ago1 year ago
Amount06:45 am today24 hours ago24h change
0.5 RAFF₾0.1119₾0.1130
-0.91%
1 RAFF₾0.2239₾0.2259
-0.91%
5 RAFF₾1.12₾1.13
-0.91%
10 RAFF₾2.24₾2.26
-0.91%
50 RAFF₾11.19₾11.3
-0.91%
100 RAFF₾22.39₾22.59
-0.91%
500 RAFF₾111.93₾112.96
-0.91%
1000 RAFF₾223.85₾225.92
-0.91%

RAFF to GEL FAQ

How much is 1 Ton Raffles in GEL?
Right now, the price of 1 Ton Raffles (RAFF) in Georgian Lari (GEL) is ₾0.2239.
How much RAFF can I buy for 1 GEL?
Based on the current exchange rate, you can get 4.47 RAFF for 1 GEL.
How do I calculate or convert RAFF to GEL?
You can use our RAFF to GEL calculator at the top of this page to convert any amount of RAFF to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 22.34 RAFF, while 5 RAFF will cost around 1.12GEL.
What is the highest price of RAFF/GEL in history?
The all-time high price of 1 RAFF in GEL is ₾461.63. It remains to be seen if the value of 1 RAFF/GEL will exceed the current all-time high.
What is the price trend of Ton Raffles in GEL?
Over the past 7 days, the exchange rate of Ton Raffles (RAFF) has gone up by 1.20%.   Over the last month, the exchange rate of Ton Raffles (RAFF) has gone down by 10.91% against Georgian Lari (GEL).

What factors influence the conversion rate of RAFF to GEL?

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