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

05 10, 2024
1 GEL = 0.14752035 MTL
▼ -2.32 %

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 (04 11, 2024 — 05 10, 2024) the Lari exchange rate against the Metal currency changed by -36.94% (0.23394096 MTL — 0.14752035 MTL)

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

For the last 90 days (02 11, 2024 — 05 10, 2024) the Lari exchange rate against the Metal currency changed by -75.16% (0.59397228 MTL — 0.14752035 MTL)

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

For the last 365 days (05 12, 2023 — 05 10, 2024) the Lari exchange rate against the Metal currency changed by -42.22% (0.25529404 MTL — 0.14752035 MTL)

Change in the GEL/MTL exchange rate for all time

For all the time our site has been running (04 10, 2020 — 05 10, 2024) the Lari exchange rate against the Metal currency changed by -88.07% (1.236612 MTL — 0.14752035 MTL)

Lari/Metal price prediction

Lari/Metal price prediction for the next 30 days*

11/05 0.14490103 MTL ▼ -1.78 %
12/05 0.14763434 MTL ▲ 1.89 %
13/05 0.14565279 MTL ▼ -1.34 %
14/05 0.15076239 MTL ▲ 3.51 %
15/05 0.14759772 MTL ▼ -2.1 %
16/05 0.15167308 MTL ▲ 2.76 %
17/05 0.1519238 MTL ▲ 0.17 %
18/05 0.14880223 MTL ▼ -2.05 %
19/05 0.14137589 MTL ▼ -4.99 %
20/05 0.13620842 MTL ▼ -3.66 %
21/05 0.13697548 MTL ▲ 0.56 %
22/05 0.13749219 MTL ▲ 0.38 %
23/05 0.14140722 MTL ▲ 2.85 %
24/05 0.14248509 MTL ▲ 0.76 %
25/05 0.1513528 MTL ▲ 6.22 %
26/05 0.14290155 MTL ▼ -5.58 %
27/05 0.14401958 MTL ▲ 0.78 %
28/05 0.1464201 MTL ▲ 1.67 %
29/05 0.14397233 MTL ▼ -1.67 %
30/05 0.14145836 MTL ▼ -1.75 %
31/05 0.14074022 MTL ▼ -0.51 %
01/06 0.13460917 MTL ▼ -4.36 %
02/06 0.13048297 MTL ▼ -3.07 %
03/06 0.12617296 MTL ▼ -3.3 %
04/06 0.12425993 MTL ▼ -1.52 %
05/06 0.12260877 MTL ▼ -1.33 %
06/06 0.12061596 MTL ▼ -1.63 %
07/06 0.11434316 MTL ▼ -5.2 %
08/06 0.11071693 MTL ▼ -3.17 %
09/06 0.09822919 MTL ▼ -11.28 %

* — 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*

13/05 — 19/05 0.14860193 MTL ▲ 0.73 %
20/05 — 26/05 0.11676618 MTL ▼ -21.42 %
27/05 — 02/06 0.09693636 MTL ▼ -16.98 %
03/06 — 09/06 0.09563151 MTL ▼ -1.35 %
10/06 — 16/06 0.09004749 MTL ▼ -5.84 %
17/06 — 23/06 0.08579008 MTL ▼ -4.73 %
24/06 — 30/06 0.08403901 MTL ▼ -2.04 %
01/07 — 07/07 0.07990577 MTL ▼ -4.92 %
08/07 — 14/07 0.07498823 MTL ▼ -6.15 %
15/07 — 21/07 0.07714775 MTL ▲ 2.88 %
22/07 — 28/07 0.06316556 MTL ▼ -18.12 %
29/07 — 04/08 0.04712995 MTL ▼ -25.39 %

Lari/Metal price prediction for the next year*

06/2024 0.15196097 MTL ▲ 3.01 %
07/2024 0.13276683 MTL ▼ -12.63 %
08/2024 0.16061109 MTL ▲ 20.97 %
09/2024 0.12620088 MTL ▼ -21.42 %
10/2024 0.11441481 MTL ▼ -9.34 %
11/2024 0.14671232 MTL ▲ 28.23 %
12/2024 0.17130542 MTL ▲ 16.76 %
01/2025 0.32349239 MTL ▲ 88.84 %
02/2025 0.27351834 MTL ▼ -15.45 %
03/2025 0.15698163 MTL ▼ -42.61 %
04/2025 0.13087869 MTL ▼ -16.63 %
05/2025 0.08844192 MTL ▼ -32.42 %

Lari/Metal exchange rate statistics

For 30 days
Minimum 0.14835717 MTL
Maximum 0.24692811 MTL
Weighted Average 0.20651922 MTL
For 90 days
Minimum 0.14231248 MTL
Maximum 0.67630012 MTL
Weighted Average 0.28883239 MTL
For 365 days
Minimum 0.00581549 MTL
Maximum 0.67630012 MTL
Weighted Average 0.25796807 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