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MAD to Georgian Lari Converter and calculator

Convert 1MAD (MAD) to Georgian Lari (GEL) equals ₾ 0.{4}9829 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of MAD(MAD) to Georgian Lari(GEL). This is the real-time data. The current conversion shows 1 MAD at a value of 1 MAD for 0.00 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.

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Bitget crypto-to-fiat exchange data shows that the most popular MAD currency pair is the MAD to GEL, with for MAD's currency code being MAD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for GEL.

MAD to GEL conversion rate trend

1D7D1M3M1YAll
In the past 1D, MAD has changed -2.76% to GEL. Based on the trend and price charts, MAD(MAD) has changed -2.76% to GEL while Georgian Lari(GEL) has changed % to MAD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₾0.{4}9777
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
₾0.{4}9916
0.1000% / 0.1000%
Yes
Last updated 2024/12/22 16:00:12(UTC+0)

How to buy MAD

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Buy MAD (MAD)
Use a variety of payment options to buy MAD on Bitget. We'll show you how.

Buy MAD (or USDT) for GEL (Georgian Lari) offers

Bitget P2P trading does not currently support direct buying of MAD with GEL. However, you can buy USDT in Bitget P2P trading first, and then buy MAD with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell MAD (or USDT) for GEL (Georgian Lari) offers

Bitget P2P trading currently does not support direct selling of MAD to GEL. However, you can first exchange MAD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of MAD to Georgian Lari?

MAD to Georgian Lari is falling this week.
MAD's current market price is ₾ 0.{4}9829 per MAD, with a total market cap of ₾ 98,284,026.13 GEL based on a circulating supply of 999,978,100,000 MAD. The trading volume of MAD has changed by +0.13% (₾ 40,811.57 GEL) in the last 24 hours. Last trading day, MAD's trading volume was ₾ 31,612,370.78.
Market cap
$35.01M
24h volume
$11.27M
Circulating supply
999.98B MAD

Conversion tables

The exchange rate of MAD is decreasing.
1 MAD is currently valued at ₾ 0.{4}9829 GEL , which means buying 5 MAD will cost ₾ 0.0004914 GEL . Similarly, ₾1 GEL can be traded for 10,174.37 MAD, and ₾50 GEL can be converted to 508,718.54 MAD, excluding any platform or gas fees.
The exchange rate of 1 MAD to Georgian Lari has changed by -35.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.76%, reaching a high of 0.0001069 GEL and a low of 0.{4}9684 GEL . One month ago, the value of 1 MAD was ₾ 0.0001433 GEL , which represents a -31.42% change from its current value. Over the last year, MAD has changed by
+
0.{4}7378GEL
, resulting in a change of +301.06% in its value.

MAD to GEL

Amount
00:06 am today
0.5 MAD
0.{4}4914
1 MAD
0.{4}9829
5 MAD
0.0004914
10 MAD
0.0009829
50 MAD
0.004914
100 MAD
0.009829
500 MAD
0.04914
1000 MAD
0.09829

GEL to MAD

Amount00:06 am today
0.5GEL5,087.19  MAD
1GEL10,174.37  MAD
5GEL50,871.85  MAD
10GEL101,743.71  MAD
50GEL508,718.54  MAD
100GEL1,017,437.08  MAD
500GEL5,087,185.42  MAD
1000GEL10,174,370.85  MAD

Today vs. 24 hours ago

Amount00:06 am today24 hours ago24h change
0.5 MAD$0.{4}1750$0.{4}1800
-2.76%
1 MAD$0.{4}3501$0.{4}3601
-2.76%
5 MAD$0.0001750$0.0001800
-2.76%
10 MAD$0.0003501$0.0003601
-2.76%
50 MAD$0.001750$0.001800
-2.76%
100 MAD$0.003501$0.003601
-2.76%
500 MAD$0.01750$0.01800
-2.76%
1000 MAD$0.03501$0.03601
-2.76%

Today vs. 1 month ago

Amount00:06 am today1 month ago1M change
0.5 MAD$0.{4}1750$0.{4}2553
-31.42%
1 MAD$0.{4}3501$0.{4}5105
-31.42%
5 MAD$0.0001750$0.0002553
-31.42%
10 MAD$0.0003501$0.0005105
-31.42%
50 MAD$0.001750$0.002553
-31.42%
100 MAD$0.003501$0.005105
-31.42%
500 MAD$0.01750$0.02553
-31.42%
1000 MAD$0.03501$0.05105
-31.42%

Today vs. 1 year ago

Amount00:06 am today1 year ago1Y change
0.5 MAD$0.{4}1750$0.{5}4365
+301.06%
1 MAD$0.{4}3501$0.{5}8729
+301.06%
5 MAD$0.0001750$0.{4}4365
+301.06%
10 MAD$0.0003501$0.{4}8729
+301.06%
50 MAD$0.001750$0.0004365
+301.06%
100 MAD$0.003501$0.0008729
+301.06%
500 MAD$0.01750$0.004365
+301.06%
1000 MAD$0.03501$0.008729
+301.06%

MAD price prediction

What will the price of MAD be in 2025?

Based on MAD's historical price performance prediction model, the price of MAD is projected to reach $0.{4}5687 in 2025.

What will the price of MAD be in 2030?

In 2030, the MAD price is expected to change by +2.00%. By the end of 2030, the MAD price is projected to reach $0.{4}9017, with a cumulative ROI of +146.32%.

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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 MAD 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 MAD 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 MAD 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.