Currency exchange rate Lari against the Metal. Chart, history price and prediction on tomorrow, next month, 2024 year

On this page, you can always find detailed information about the Lari currency exchange rate against the Metal currency:
currency exchange rate history, background information, prediction and more about GEL/MTL

Chart of History of changes in the GEL/MTL exchange rate

GEL/MTL exchange rate on today

06 11, 2024
1 GEL = 0.24896823 MTL
▲ 0.69 %

This page provides information about the currency pair Lari/Metal, and more precisely about how much 1 Lari costs in Metal.

Data on the currency pair GEL/MTL are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair GEL/MTL and make a balanced decision about buying and selling the currency you are interested in.

The page also provides information about the dynamics of the exchange rate of Lari/Metal, statistics and prediction of the exchange rate of these currencies in the near future from our experts.

How to make a forecast for currencies and cryptocurrencies?

There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:

  1. Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.

  2. Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.

  3. Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.

  4. Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.

In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.

Change in the GEL/MTL exchange rate over the past 30 days

For the last 30 days (05 13, 2024 — 06 11, 2024) the Lari exchange rate against the Metal currency changed by 64.95% (0.15093144 MTL — 0.24896823 MTL)

Change in the GEL/MTL exchange rate over the past 90 days

For the last 90 days (03 14, 2024 — 06 11, 2024) the Lari exchange rate against the Metal currency changed by -15.68% (0.29526486 MTL — 0.24896823 MTL)

Change in the GEL/MTL exchange rate over the past 365 days

For the last 365 days (06 13, 2023 — 06 11, 2024) the Lari exchange rate against the Metal currency changed by 14.31% (0.2177921 MTL — 0.24896823 MTL)

Change in the GEL/MTL exchange rate for all time

For all the time our site has been running (04 10, 2020 — 06 11, 2024) the Lari exchange rate against the Metal currency changed by -79.87% (1.236612 MTL — 0.24896823 MTL)

Lari/Metal price prediction

Lari/Metal price prediction for the next 30 days*

12/06 0.2574288 MTL ▲ 3.4 %
13/06 0.25883749 MTL ▲ 0.55 %
14/06 0.24967707 MTL ▼ -3.54 %
15/06 0.24193426 MTL ▼ -3.1 %
16/06 0.23371811 MTL ▼ -3.4 %
17/06 0.23441704 MTL ▲ 0.3 %
18/06 0.23988287 MTL ▲ 2.33 %
19/06 0.25536234 MTL ▲ 6.45 %
20/06 0.29758992 MTL ▲ 16.54 %
21/06 0.30200606 MTL ▲ 1.48 %
22/06 0.30278083 MTL ▲ 0.26 %
23/06 0.29440371 MTL ▼ -2.77 %
24/06 0.28673453 MTL ▼ -2.6 %
25/06 0.29473319 MTL ▲ 2.79 %
26/06 0.31605012 MTL ▲ 7.23 %
27/06 0.32069514 MTL ▲ 1.47 %
28/06 0.3226961 MTL ▲ 0.62 %
29/06 0.30589441 MTL ▼ -5.21 %
30/06 0.32060201 MTL ▲ 4.81 %
01/07 0.34532762 MTL ▲ 7.71 %
02/07 0.3469424 MTL ▲ 0.47 %
03/07 0.35542588 MTL ▲ 2.45 %
04/07 0.38225974 MTL ▲ 7.55 %
05/07 0.38396208 MTL ▲ 0.45 %
06/07 0.37658082 MTL ▼ -1.92 %
07/07 0.38775928 MTL ▲ 2.97 %
08/07 0.40144594 MTL ▲ 3.53 %
09/07 0.38256348 MTL ▼ -4.7 %
10/07 0.38365113 MTL ▲ 0.28 %
11/07 0.38150021 MTL ▼ -0.56 %

* — Price prediction of the Lari/Metal currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.

Lari/Metal price prediction for the next 3 months*

17/06 — 23/06 0.24799149 MTL ▼ -0.39 %
24/06 — 30/06 0.24451413 MTL ▼ -1.4 %
01/07 — 07/07 0.22845621 MTL ▼ -6.57 %
08/07 — 14/07 0.21329948 MTL ▼ -6.63 %
15/07 — 21/07 0.22026745 MTL ▲ 3.27 %
22/07 — 28/07 0.18505741 MTL ▼ -15.99 %
29/07 — 04/08 0.17234135 MTL ▼ -6.87 %
05/08 — 11/08 0.17482834 MTL ▲ 1.44 %
12/08 — 18/08 0.2240342 MTL ▲ 28.15 %
19/08 — 25/08 0.25021587 MTL ▲ 11.69 %
26/08 — 01/09 0.2667243 MTL ▲ 6.6 %
02/09 — 08/09 0.26539476 MTL ▼ -0.5 %

Lari/Metal price prediction for the next year*

07/2024 0.23558576 MTL ▼ -5.38 %
08/2024 0.27497142 MTL ▲ 16.72 %
09/2024 0.21256517 MTL ▼ -22.7 %
10/2024 0.19055506 MTL ▼ -10.35 %
11/2024 0.23009527 MTL ▲ 20.75 %
12/2024 0.29316706 MTL ▲ 27.41 %
01/2025 0.5393924 MTL ▲ 83.99 %
02/2025 0.40854348 MTL ▼ -24.26 %
03/2025 0.30459429 MTL ▼ -25.44 %
04/2025 0.25388643 MTL ▼ -16.65 %
05/2025 0.27147542 MTL ▲ 6.93 %
06/2025 0.29117018 MTL ▲ 7.25 %

Lari/Metal exchange rate statistics

For 30 days
Minimum 0.14531966 MTL
Maximum 0.26412386 MTL
Weighted Average 0.20770036 MTL
For 90 days
Minimum 0.14352227 MTL
Maximum 0.30573078 MTL
Weighted Average 0.21905754 MTL
For 365 days
Minimum 0.00581549 MTL
Maximum 0.67630012 MTL
Weighted Average 0.25190166 MTL

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Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department