Historic Georgian Lari Bitcoin Cash

Georgian Lari bitcoin cash history for February 2024. The highest quote for this month is 121.74 (29/02/2024) and the lowest 110.21 (29/02/2024). The difference between high and low is 9.47.

GEL BCH average rate for February 2024 is 99.33468, the change between 01/02/2024 and 29/02/2024 is -27.19 %.

01 February 20241 GEL = 88.56 BCH
02 February 20241 GEL = 88.56 BCH
03 February 20241 GEL = 90.51 BCH
05 February 20241 GEL = 88.55 BCH
06 February 20241 GEL = 88.59 BCH
07 February 20241 GEL = 90.68 BCH
08 February 20241 GEL = 92.29 BCH
09 February 20241 GEL = 94.55 BCH
10 February 20241 GEL = 93.69 BCH
12 February 20241 GEL = 106.2 BCH
13 February 20241 GEL = 102.5 BCH
14 February 20241 GEL = 106.5 BCH
15 February 20241 GEL = 102.6 BCH
16 February 20241 GEL = 104.3 BCH
17 February 20241 GEL = 101.6 BCH
19 February 20241 GEL = 103.7 BCH
20 February 20241 GEL = 100.8 BCH
21 February 20241 GEL = 99.79 BCH
22 February 20241 GEL = 98.55 BCH
23 February 20241 GEL = 100.2 BCH
24 February 20241 GEL = 101.3 BCH
26 February 20241 GEL = 104.0 BCH
27 February 20241 GEL = 110.7 BCH
28 February 20241 GEL = 112.2 BCH
29 February 20241 GEL = 112.6 BCH

03/08/2021: El Salvador Adopts Bitcoin as Legal Tender

El Salvador becomes the first country to recognize Bitcoin, including Bitcoin Cash (BCH), as a legal tender, leading to increased adoption.

24/02/2021: Bitcoin Cash Becomes Merchant Payment Solution

Bitcoin Cash (BCH) gains traction as a popular cryptocurrency for merchant payments due to its low fees and faster transaction times.

15/11/2020: Bitcoin Cash ABC vs. Bitcoin Cash Node

A contentious hard fork occurs within Bitcoin Cash (BCH) community, resulting in a split between Bitcoin Cash ABC and Bitcoin Cash Node.

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

15/05/2018: Bitcoin Cash Upgrade

Bitcoin Cash (BCH) undergoes a hard fork called ABC upgrade, introducing larger block sizes and smart contract functionalities.

01/08/2017: Bitcoin Cash Hard Fork

Bitcoin Cash (BCH) splits from Bitcoin (BTC) due to a contentious hard fork, increasing the block size to 8MB.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

03/01/2009: First Bitcoin Block Mined

The Genesis Block, also known as Block 0, is mined, marking the birth of Bitcoin network.

31/10/2008: Bitcoin Whitepaper Released

Satoshi Nakamoto publishes Bitcoin whitepaper, laying the foundation for peer-to-peer electronic cash system.

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.