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Bancor to Bulgarian Lev Converter and calculator

Convert 1Bancor (BNT) to Bulgarian Lev (BGN) equals лв 1.47 | 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 Bancor(BNT) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 BNT at a value of 1 BNT for 1.47 BGN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

BGN information

About the Bulgarian Lev (BGN)

What Is the Bulgarian Lev (BGN)?

The Bulgarian Lev, abbreviated as BGN and often denoted by the currency sign" лв", is the official currency of Bulgaria. BGN is a fiat currency, which is government-issued currency not backed by a physical commodity but rather by the government that issued it. The name 'lev' means 'lion' in old Bulgarian, symbolizing strength and valor. It is divided into 100 stotinki, reflecting the currency's precision and stability. The Bulgarian Lev is the sole legal tender in Bulgaria, and it is used for all transactions within the country.

The Bulgarian Lev is issued by the Bulgarian National Bank, which is the central bank of Bulgaria. The Bulgarian National Bank is responsible for the issuance and regulation of the nation's currency, as well as overseeing monetary policy and maintaining financial stability in Bulgaria.

What Is the History of BGN?

The lev was introduced in 1881, mirroring the value of the French franc. It underwent various transformations, including changes in its gold and silver backing and its pegging to other currencies like the German Reichsmark and the Soviet ruble. Post-World War II inflation led to the introduction of a new lev in 1952, pegged to the U.S. dollar. Subsequent redenominations in 1962 and 1999 aimed to stabilize the currency amidst fluctuating economic conditions, reflecting the country's efforts to maintain economic stability.

The most recent redenomination in 1999 pegged the lev to the Deutsche Mark, and later to the euro, at a fixed rate of 1.95583 BGN to 1 EUR. Bulgaria's accession to the EU in 2007 and its participation in the ERM II since 2020 are significant steps towards adopting the euro, expected in 2024.

Notes and Coins of BGN

The banknotes are available in denominations of 1, 2, 5, 10, 20, 50, and 100 leva, featuring prominent Bulgarian historical figures and landmarks, symbolizing the nation's pride and history. The coins, known as stotinki, come in smaller denominations of 1, 2, 5, 10, 20, and 50 stotinki, and 1 lev, showcasing intricate designs that often include the Madara Rider, a UNESCO World Heritage Site, and other national symbols.

Is BGN Pegged to EUR?

Yes, the Bulgarian Lev (BGN) is pegged to the Euro (EUR). The peg is set at a fixed exchange rate of 1.95583 BGN to 1 EUR. This fixed rate has been in place since the redenomination of the lev in 1999, when Bulgaria aligned its currency with the Deutsche Mark, which was subsequently replaced by the Euro.

Will Bulgaria Adopt the Euro as Its Currency?

As of January 2024, Bulgaria is on track to adopt the Euro as its official currency. Having joined the European Union in 2007, the country made a significant step by entering the Exchange Rate Mechanism II (ERM II) in July 2020. This is a crucial stage in the process of adopting the Euro, requiring Bulgaria to maintain economic stability and meet the European Union's convergence criteria. The Bulgarian Lev is currently pegged to the Euro, which is a part of aligning Bulgaria's monetary policy with that of the Eurozone. The exact date when Bulgaria will fully adopt the Euro depends on meeting all the necessary economic requirements and obtaining approval from the European Union's institutions.

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

BNT to BGN conversion rate trend

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In the past 1D, Bancor has changed +0.14% to BGN. Based on the trend and price charts, Bancor(BNT) has changed +0.14% to BGN while Bulgarian Lev(BGN) has changed % to BNT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв1.47
0.0001% / 0.0004%vip-iconVIP
Binance
лв1.48
0.1000% / 0.1000%
Yes
OKX
лв1.47
0.080% / 0.100%
Yes
Huobi
лв1.47
0.1000% / 0.1000%
Yes
Gate.io
лв1.48
0.1000% / 0.1000%
Yes
Bybit
лв1.47
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 15:00:25(UTC+0)

How to buy Bancor

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Bancor (BNT)
Use a variety of payment options to buy Bancor on Bitget. We'll show you how.

What factors influence the conversion rate of Bancor to Bulgarian Lev?

Bancor to Bulgarian Lev is rising this week.
Bancor's current market price is лв 1.47 per BNT, with a total market cap of лв 196,219,397.25 BGN based on a circulating supply of 133,171,770 BNT. The trading volume of Bancor has changed by +22.19% (лв 1,439,796.33 BGN) in the last 24 hours. Last trading day, BNT's trading volume was лв 6,487,994.73.
Market cap
$108.79M
24h volume
$4.40M
Circulating supply
133.17M BNT

Conversion tables

The exchange rate of Bancor is increasing.
1 BNT is currently valued at лв 1.47 BGN , which means buying 5 BNT will cost лв 7.37 BGN . Similarly, лв1 BGN can be traded for 0.6787 BNT, and лв50 BGN can be converted to 33.93 BNT, excluding any platform or gas fees.
The exchange rate of 1 BNT to Bulgarian Lev has changed by +0.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.14%, reaching a high of 1.48 BGN and a low of 1.44 BGN . One month ago, the value of 1 BNT was лв 1.23 BGN , which represents a +19.75% change from its current value. Over the last year, Bancor has changed by
+лв
0.7259BGN
, resulting in a change of +97.02% in its value.

BNT to BGN

Amount
15:08 today
0.5 BNT
лв0.7367
1 BNT
лв1.47
5 BNT
лв7.37
10 BNT
лв14.73
50 BNT
лв73.67
100 BNT
лв147.34
500 BNT
лв736.72
1000 BNT
лв1,473.43

BGN to BNT

Amount15:08 today
0.5BGN0.3393  BNT
1BGN0.6787  BNT
5BGN3.39  BNT
10BGN6.79  BNT
50BGN33.93  BNT
100BGN67.87  BNT
500BGN339.34  BNT
1000BGN678.69  BNT
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Today vs. 24 hours ago

Amount15:08 today24 hours ago24h change
0.5 BNT$0.4084$0.4079
+0.14%
1 BNT$0.8169$0.8158
+0.14%
5 BNT$4.08$4.08
+0.14%
10 BNT$8.17$8.16
+0.14%
50 BNT$40.84$40.79
+0.14%
100 BNT$81.69$81.58
+0.14%
500 BNT$408.45$407.89
+0.14%
1000 BNT$816.89$815.77
+0.14%

Today vs. 1 month ago

Amount15:08 today1 month ago1M change
0.5 BNT$0.4084$0.3411
+19.75%
1 BNT$0.8169$0.6821
+19.75%
5 BNT$4.08$3.41
+19.75%
10 BNT$8.17$6.82
+19.75%
50 BNT$40.84$34.11
+19.75%
100 BNT$81.69$68.21
+19.75%
500 BNT$408.45$341.06
+19.75%
1000 BNT$816.89$682.12
+19.75%
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Today vs. 1 year ago

Amount15:08 today1 year ago1Y change
0.5 BNT$0.4084$0.2072
+97.02%
1 BNT$0.8169$0.4144
+97.02%
5 BNT$4.08$2.07
+97.02%
10 BNT$8.17$4.14
+97.02%
50 BNT$40.84$20.72
+97.02%
100 BNT$81.69$41.44
+97.02%
500 BNT$408.45$207.22
+97.02%
1000 BNT$816.89$414.44
+97.02%

Bancor price prediction

What will the price of BNT be in 2025?

Based on BNT's historical price performance prediction model, the price of BNT is projected to reach $1.09 in 2025.

What will the price of BNT be in 2030?

In 2030, the BNT price is expected to rise by +9.00%. By the end of 2030, the BNT price is projected to reach $1.88, with a cumulative ROI of +129.65%.
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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 Bancor and BGN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Bancor and BGN. 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 Bancor in BGN, 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.

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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.