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VTG to GEL Converter and calculator

VTG/GEL: 1 VTG = 0.0004047 GEL. The price of converting 1 Victory Gem (VTG) to Georgian Lari (GEL) is 0.0004047 GEL today.
VTG
VTG
GEL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VTG to GEL real-time exchange rates, making it easy to convert Victory Gem (VTG) to Georgian Lari (GEL). The conversion result is based on real-time data. The conversion result shows that 1 VTG is currently valued at 0.00 GEL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VTG is currently valued at 0.00 GEL, which means buying 5 VTG would cost 0.00 GEL. Similarly, ₾1 GEL can be converted to 2,471.21 VTG, and ₾50 GEL can be converted to 12,356.05 VTG, excluding any platform or gas fees.

Convert VTG to GEL

Convert GEL to VTG

Victory Gem
Georgian Lari
In the table above, you'll find a comprehensive VTG to GEL converter that shows the value of Victory Gem in Georgian Lari across commonly used conversion amounts. The list covers conversions from 1 VTG to GEL, all the way up to 10000 VTG, providing a clear view of their respective values.
Georgian Lari
Victory Gem
500 GEL
1,235,605.13 VTG
1000 GEL
2,471,210.27 VTG
2000 GEL
4,942,420.53 VTG
5000 GEL
12,356,051.33 VTG
10000 GEL
24,712,102.65 VTG
50000 GEL
123,560,513.27 VTG
100000 GEL
247,121,026.54 VTG
In the table above, you'll find a comprehensive GEL to VTG converter that shows the value of Georgian Lari in Victory Gem across commonly used conversion amounts. The list covers conversions from 1 GEL to VTG, all the way up to 100000 GEL, providing a clear view of their respective values.

VTG to GEL chart

VTG/GEL: 1 VTG = 0.0004047 GEL; 2025/05/01 09:24:44
In the past 1D, Victory Gem has changed +1.45% to GEL. Based on the trend and price charts, Victory Gem(VTG) has changed +1.45% to GEL while Georgian Lari(GEL) has changed % to VTG in the last 24 hours.
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VTG to GEL conversion data: Volatility and price changes of Victory Gem in GEL

The highest Victory Gem price in GEL over the past 7 days was 0.0004052 GEL while the lowest Victory Gem price in GEL over the past 7 days was 0.0003415 GEL. The relative change between the highs and lows in Victory Gem price in GEL over the last 7 days indicates a volatility of %. You can view additional volatility data and VTG 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
0.0004052 GEL
0.0004052 GEL
0.0004261 GEL
0.0006798 GEL
Low
0.0003974 GEL
0.0003415 GEL
0.0003195 GEL
0.0003195 GEL
Average
0 GEL
0 GEL
0 GEL
0 GEL
Volatility
%
%
%
%
Change
+1.45%
+11.85%
-2.29%
-20.36%

Victory Gem information

VTG to GEL market statistics

VTG/GEL:
₾0.0004047
VTG 24h volume:
₾45,465.17
VTG market cap:
--
VTG circulating supply:
0 VTG

Current VTG to GEL exchange rate

Victory Gem to Georgian Lari is rising this week.
Victory Gem's current market price is ₾0.0004047 per VTG, with a total market cap of ₾0 GEL based on a circulating supply of -- VTG. The trading volume of Victory Gem has changed by +7.21% (₾3,056.28 GEL) in the last 24 hours. Last trading day, VTG's trading volume was ₾42,408.89.

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

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How to convert VTG to GEL

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Bitget P2P trading does not currently support direct buying of VTG with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy VTG with USDT via Bitget spot market.
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VTG to GEL Conversion tables

The exchange rate of Victory Gem is decreasing.
The exchange rate of 1 VTG to Georgian Lari has changed by +11.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.45%, reaching a high of 0.0004052 GEL and a low of 0.0003974 GEL . One month ago, the value of 1 VTG was ₾0.0004141 GEL , which represents a -2.29% change from its current value. Over the last year, Victory Gem has changed by
-
0.0007618GEL
, resulting in a change of -65.32% in its value.
24 hours ago1 month ago1 year ago
Amount09:24 am today24 hours ago24h change
0.5 VTG₾0.0002023₾0.0001994
+1.45%
1 VTG₾0.0004047₾0.0003989
+1.45%
5 VTG₾0.002023₾0.001994
+1.45%
10 VTG₾0.004047₾0.003989
+1.45%
50 VTG₾0.02023₾0.01994
+1.45%
100 VTG₾0.04047₾0.03989
+1.45%
500 VTG₾0.2023₾0.1994
+1.45%
1000 VTG₾0.4047₾0.3989
+1.45%

VTG to GEL FAQ

How much is 1 Victory Gem in GEL?
Right now, the price of 1 Victory Gem (VTG) in Georgian Lari (GEL) is ₾0.0004047.
How much VTG can I buy for 1 GEL?
Based on the current exchange rate, you can get 2,471.21 VTG for 1 GEL.
How do I calculate or convert VTG to GEL?
You can use our VTG to GEL calculator at the top of this page to convert any amount of VTG to GEL. We've also included quick-reference tables for the most popular conversions. For example, 5 GEL is equivalent to 12,356.05 VTG, while 5 VTG will cost around 0.002023GEL.
What is the highest price of VTG/GEL in history?
The all-time high price of 1 VTG in GEL is ₾0.04926. It remains to be seen if the value of 1 VTG/GEL will exceed the current all-time high.
What is the price trend of Victory Gem in GEL?
Over the past 7 days, the exchange rate of Victory Gem (VTG) has gone up by 11.85%.   Over the last month, the exchange rate of Victory Gem (VTG) has gone down by 2.29% against Georgian Lari (GEL).

What factors influence the conversion rate of VTG to GEL?

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

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