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sAVAX to BGN Converter and calculator

sAVAX/BGN: 1 sAVAX = 46.01 BGN. The price of converting 1 BENQI Liquid Staked AVAX (sAVAX) to Bulgarian Lev (BGN) is 46.01 BGN today.
sAVAX
sAVAX
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides sAVAX to BGN real-time exchange rates, making it easy to convert BENQI Liquid Staked AVAX (sAVAX) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 sAVAX is currently valued at 46.01 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 sAVAX is currently valued at 46.01 BGN, which means buying 5 sAVAX would cost 230.05 BGN. Similarly, лв1 BGN can be converted to 0.02173 sAVAX, and лв50 BGN can be converted to 0.1087 sAVAX, excluding any platform or gas fees.

Convert sAVAX to BGN

Convert BGN to sAVAX

BENQI Liquid Staked AVAX
Bulgarian Lev
50 sAVAX
2,300.51  BGN
100 sAVAX
4,601.03  BGN
200 sAVAX
9,202.06  BGN
500 sAVAX
23,005.14  BGN
1000 sAVAX
46,010.29  BGN
5000 sAVAX
230,051.44  BGN
10000 sAVAX
460,102.87  BGN
In the table above, you'll find a comprehensive sAVAX to BGN converter that shows the value of BENQI Liquid Staked AVAX in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 sAVAX to BGN, all the way up to 10000 sAVAX, providing a clear view of their respective values.
Bulgarian Lev
BENQI Liquid Staked AVAX
50000 BGN
1,086.71 sAVAX
100000 BGN
2,173.43 sAVAX
In the table above, you'll find a comprehensive BGN to sAVAX converter that shows the value of Bulgarian Lev in BENQI Liquid Staked AVAX across commonly used conversion amounts. The list covers conversions from 1 BGN to sAVAX, all the way up to 100000 BGN, providing a clear view of their respective values.

sAVAX to BGN chart

sAVAX/BGN: 1 sAVAX = 46.01 BGN; 2025/04/28 12:32:49
In the past 1D, BENQI Liquid Staked AVAX has changed +0.99% to BGN. Based on the trend and price charts, BENQI Liquid Staked AVAX(sAVAX) has changed +0.99% to BGN while Bulgarian Lev(BGN) has changed % to sAVAX in the last 24 hours.
1D7D1M3M1YAll

sAVAX to BGN conversion data: Volatility and price changes of BENQI Liquid Staked AVAX in BGN

The highest BENQI Liquid Staked AVAX price in BGN over the past 7 days was 63.49 BGN while the lowest BENQI Liquid Staked AVAX price in BGN over the past 7 days was 50.39 BGN. The relative change between the highs and lows in BENQI Liquid Staked AVAX price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and sAVAX to BGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
57.05 BGN
63.49 BGN
81.8 BGN
115.68 BGN
Low
52.99 BGN
50.39 BGN
50.39 BGN
50.39 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
+0.99%
-13.53%
-32.53%
-48.83%

BENQI Liquid Staked AVAX information

sAVAX to BGN market statistics

sAVAX/BGN:
лв46.01
sAVAX 24h volume:
лв3,086,657.98
sAVAX market cap:
лв393,166,208.93
sAVAX circulating supply:
8.55M sAVAX

Current sAVAX to BGN exchange rate

BENQI Liquid Staked AVAX to Bulgarian Lev is falling this week.
BENQI Liquid Staked AVAX's current market price is лв46.01 per sAVAX, with a total market cap of лв393,166,208.93 BGN based on a circulating supply of 8,545,180 sAVAX. The trading volume of BENQI Liquid Staked AVAX has changed by +1798.61% (лв2,924,083.55 BGN) in the last 24 hours. Last trading day, sAVAX's trading volume was лв162,574.43.

More info about BENQI Liquid Staked AVAX on Bitget

Bulgarian Lev 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.

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

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How to convert sAVAX to BGN

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1 sAVAX to лв46.01 BGN
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sAVAX to BGN Conversion tables

The exchange rate of BENQI Liquid Staked AVAX is decreasing.
The exchange rate of 1 sAVAX to Bulgarian Lev has changed by -13.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.99%, reaching a high of 57.05 BGN and a low of 52.99 BGN . One month ago, the value of 1 sAVAX was лв72.06 BGN , which represents a -32.53% change from its current value. Over the last year, BENQI Liquid Staked AVAX has changed by
+лв
13.45BGN
, resulting in a change of +131.47% in its value.
24 hours ago1 month ago1 year ago
Amount12:32 today24 hours ago24h change
0.5 sAVAXлв23.01лв22.74
+0.99%
1 sAVAXлв46.01лв45.48
+0.99%
5 sAVAXлв230.05лв227.4
+0.99%
10 sAVAXлв460.1лв454.8
+0.99%
50 sAVAXлв2,300.51лв2,274.01
+0.99%
100 sAVAXлв4,601.03лв4,548.01
+0.99%
500 sAVAXлв23,005.14лв22,740.07
+0.99%
1000 sAVAXлв46,010.29лв45,480.14
+0.99%

sAVAX to BGN FAQ

How much is 1 BENQI Liquid Staked AVAX in BGN?
Right now, the price of 1 BENQI Liquid Staked AVAX (sAVAX) in Bulgarian Lev (BGN) is лв46.01.
How much sAVAX can I buy for 1 BGN?
Based on the current exchange rate, you can get 0.02173 sAVAX for 1 BGN.
How do I calculate or convert sAVAX to BGN?
You can use our sAVAX to BGN calculator at the top of this page to convert any amount of sAVAX to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 0.1087 sAVAX, while 5 sAVAX will cost around 230.05BGN.
What is the highest price of sAVAX/BGN in history?
The all-time high price of 1 sAVAX in BGN is лв177.93. It remains to be seen if the value of 1 sAVAX/BGN will exceed the current all-time high.
What is the price trend of BENQI Liquid Staked AVAX in BGN?
Over the past 7 days, the exchange rate of BENQI Liquid Staked AVAX (sAVAX) has gone down by 13.53%.   Over the last month, the exchange rate of BENQI Liquid Staked AVAX (sAVAX) has gone down by 32.53% against Bulgarian Lev (BGN).

What factors influence the conversion rate of sAVAX to BGN?

There are many factors that affect the relationship between BENQI Liquid Staked AVAX and Bulgarian Lev, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of sAVAX/BGN. When there is positive news in the market about the widespread adoption of sAVAX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of sAVAX/BGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in sAVAX/BGN.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of sAVAX/BGN. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of BENQI Liquid Staked AVAX and adjust their investment strategies accordingly in the evolving market.

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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.