Convert Gram Gold GRAMG to Georgian Lari GEL
1 GRAMG converts to GEL 348.43 GEL as of July 9 at 9:03 PM
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About Gram Gold
Gram Gold is climbing this week. The current price of Gram Gold is GEL 348.43 per GRAMG. With a circulating supply of 0 GRAMG, it means that Gram Gold has a total market cap of GEL 0.00. The amount of Gram Gold traded has fallen by -GEL 5,247.61 in the last 24 hours, which is a 54.77% decrease. Additionally, in the last day, GEL 9,581.45 worth of GRAMG has been traded.
The exchange rate of Gram Gold is increasing. The current value of 1 GRAMG is GEL 348.43 GEL. In other words, to buy 5 Gram Gold, it would cost you GEL 1,742.15 GEL. Inversely, GEL 1.00 GEL would allow you to trade for 0.00287 GRAMG while GEL 50.00 GEL would convert to 0.1435 GRAMG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.52%. Meanwhile, in the last 24 hours, the rate has changed by 1.12%, which means that the highest exchange rate of 1 GRAMG to GEL was GEL 351.11 GEL and the lowest 24 hour value was 1 GRAMG for GEL 345.98 GEL. Last month, 1 GRAMG was worth GEL 365.71 GEL. Today, it's down 3.85%. Looking back a year, Gram Gold has changed by GEL 288.07 GEL. That means that in a single year, the value of Gram Gold has grown by 24.91%.
Gram Gold Market Stats
Launched in November 2022, Gram Gold Token (GRAMG) is an asset-backed token redeemable 1:1 for 1 gram of gold. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by gold on the blockchain at a 1:1 ratio and indexed to the price of gold. For every GRAMG created, an equivalent amount of gold is held as collateral in the respective blockchain wallet. GRAMG provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of any geographical boundaries. Unlike gold transaction limits in the market, there is no minimum transaction limit for GRAMG transactions. GRAMG transactions are executed instantly and any amount of GRAMG tokens can be converted to fiat currencies, ensuring quick and efficient transactions. GRAMG is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As demand for GRAMG tokens increases, Token Teknoloji Anonim Şirketi shall add the corresponding amount of gold, indexed to the price of gold, to its reserves for every 1 GRAMG token at the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between gram gold and GRAMG is preserved while maintaining market supply and demand equilibrium. And a coin burn function is integrated within the blockchain's smart contract to remove a predetermined quantity of GRAMG tokens from circulation when necessary, ensuring a balance between GRAMG and gram gold. Thanks to this mint-and-burn mechanism, the price of GRAMG is always in equilibrium with that of the physical gram of gold.
Conversion tables
GRAMG to GEL values from Today at 9:03 pm
0.5 GRAMG = GEL 174.22 GEL |
1 GRAMG = GEL 348.43 GEL |
5 GRAMG = GEL 1,742.15 GEL |
10 GRAMG = GEL 3,484.30 GEL |
50 GRAMG = GEL 17,421.52 GEL |
100 GRAMG = GEL 34,843.03 GEL |
500 GRAMG = GEL 174,215.17 GEL |
1,000 GRAMG = GEL 348,430.35 GEL |
GEL to GRAMG values from Today at 9:02 pm
GEL 0.50 GEL = 0.001435 GRAMG |
GEL 1.00 GEL = 0.00287 GRAMG |
GEL 5.00 GEL = 0.01435 GRAMG |
GEL 10.00 GEL = 0.0287 GRAMG |
GEL 50.00 GEL = 0.1435 GRAMG |
GEL 100.00 GEL = 0.287 GRAMG |
GEL 500.00 GEL = 1.44 GRAMG |
GEL 1,000.00 GEL = 2.87 GRAMG |
GRAMG to GEL over time
GRAMG | Today | 24H 99.92% | 1M 99.91% | 1Y 99.93% |
|---|---|---|---|---|
0.5 GRAMG | GEL 174.22 GEL | GEL 173.08 GEL | GEL 182.85 GEL | GEL 144.04 GEL |
1 GRAMG | GEL 348.43 GEL | GEL 346.16 GEL | GEL 365.71 GEL | GEL 288.07 GEL |
5 GRAMG | GEL 1,742.15 GEL | GEL 1,730.81 GEL | GEL 1,828.53 GEL | GEL 1,440.36 GEL |
10 GRAMG | GEL 3,484.30 GEL | GEL 3,461.62 GEL | GEL 3,657.05 GEL | GEL 2,880.71 GEL |
50 GRAMG | GEL 17,421.52 GEL | GEL 17,308.10 GEL | GEL 18,285.27 GEL | GEL 14,403.57 GEL |
100 GRAMG | GEL 34,843.03 GEL | GEL 34,616.20 GEL | GEL 36,570.54 GEL | GEL 28,807.14 GEL |
500 GRAMG | GEL 174,215.17 GEL | GEL 173,081.00 GEL | GEL 182,852.70 GEL | GEL 144,035.72 GEL |
1,000 GRAMG | GEL 348,430.35 GEL | GEL 346,162.01 GEL | GEL 365,705.40 GEL | GEL 288,071.45 GEL |
Frequently asked questions
Right now, 1 Gram Gold is worth about GEL 348.43.
Based on the current rate, you could get 0.00287 GRAMG for 1 GEL.
Gram Gold price has been on the rise. Since yesterday, the exchange rate of Gram Gold has increased. Since last month, the exchange rate of Gram Gold has decreased. Since this time last year, the price of Gram Gold has increased.
You can use our GRAMG to GEL calculator at the top of this page to convert any amount of GRAMG to GEL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GEL is equivalent to 0.01435 GRAMG. Inversely, 5 GRAMG will cost about GEL 1,742.15
Gram Gold can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Gram Gold.
There are a number of crypto assets that have the a similar or comparable market cap to Gram Gold, including LocalCoinSwap, EncrypGen, and Patientory. For a more robust list of assets to explore, jump to the asset page dedicated to Gram Gold.
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Create a Coinbase account to buy and sell Gram Gold on the most secure crypto exchange.
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