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FORM to BGN Converter and calculator

FORM/BGN: 1 FORM = 0.0005735 BGN. The price of converting 1 Formation Fi (FORM) to Bulgarian Lev (BGN) is 0.0005735 BGN today.
FORM
FORM
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FORM to BGN real-time exchange rates, making it easy to convert Formation Fi (FORM) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 FORM is currently valued at 0.00 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FORM is currently valued at 0.00 BGN, which means buying 5 FORM would cost 0.00 BGN. Similarly, лв1 BGN can be converted to 1,743.81 FORM, and лв50 BGN can be converted to 8,719.05 FORM, excluding any platform or gas fees.

Convert FORM to BGN

Convert BGN to FORM

Formation Fi
Bulgarian Lev
1 FORM
0.0005735  BGN
10 FORM
0.005735  BGN
100 FORM
0.05735  BGN
1000 FORM
0.5735  BGN
In the table above, you'll find a comprehensive FORM to BGN converter that shows the value of Formation Fi in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 FORM to BGN, all the way up to 10000 FORM, providing a clear view of their respective values.
Bulgarian Lev
Formation Fi
100 BGN
174,381.05 FORM
500 BGN
871,905.24 FORM
1000 BGN
1,743,810.48 FORM
2000 BGN
3,487,620.96 FORM
5000 BGN
8,719,052.41 FORM
10000 BGN
17,438,104.81 FORM
50000 BGN
87,190,524.05 FORM
100000 BGN
174,381,048.1 FORM
In the table above, you'll find a comprehensive BGN to FORM converter that shows the value of Bulgarian Lev in Formation Fi across commonly used conversion amounts. The list covers conversions from 1 BGN to FORM, all the way up to 100000 BGN, providing a clear view of their respective values.

FORM to BGN chart

FORM/BGN: 1 FORM = 0.0005735 BGN; 2025/04/26 23:11:53
In the past 1D, Formation Fi has changed -0.69% to BGN. Based on the trend and price charts, Formation Fi(FORM) has changed -0.69% to BGN while Bulgarian Lev(BGN) has changed % to FORM in the last 24 hours.
1D7D1M3M1YAll

FORM to BGN conversion data: Volatility and price changes of Formation Fi in BGN

The highest Formation Fi price in BGN over the past 7 days was 0.0007722 BGN while the lowest Formation Fi price in BGN over the past 7 days was 0.0005735 BGN. The relative change between the highs and lows in Formation Fi price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and FORM 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
0.0005775 BGN
0.0007722 BGN
0.0008261 BGN
0.0008878 BGN
Low
0.0005735 BGN
0.0005735 BGN
0.0005735 BGN
0.0005438 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
-0.69%
-23.99%
-27.49%
-30.93%

Formation Fi information

FORM to BGN market statistics

FORM/BGN:
лв0.0005735
FORM 24h volume:
--
FORM market cap:
лв45,734.91
FORM circulating supply:
79.75M FORM

Current FORM to BGN exchange rate

Formation Fi to Bulgarian Lev is falling this week.
Formation Fi's current market price is лв0.0005735 per FORM, with a total market cap of лв45,734.91 BGN based on a circulating supply of 79,753,016 FORM. The trading volume of Formation Fi has changed by 0.00% (лв0 BGN) in the last 24 hours. Last trading day, FORM's trading volume was лв0.

More info about Formation Fi 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 Formation Fi currency pair is the FORM to BGN, with for Formation Fi's currency code being FORM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

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How to convert FORM to BGN

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FORM to BGN Conversion tables

The exchange rate of Formation Fi is decreasing.
The exchange rate of 1 FORM to Bulgarian Lev has changed by -23.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.69%, reaching a high of 0.0005775 BGN and a low of 0.0005735 BGN . One month ago, the value of 1 FORM was лв0.0007909 BGN , which represents a -27.49% change from its current value. Over the last year, Formation Fi has changed by
-лв
0.001090BGN
, resulting in a change of -65.53% in its value.
24 hours ago1 month ago1 year ago
Amount23:11 today24 hours ago24h change
0.5 FORMлв0.0002867лв0.0002887
-0.69%
1 FORMлв0.0005735лв0.0005775
-0.69%
5 FORMлв0.002867лв0.002887
-0.69%
10 FORMлв0.005735лв0.005775
-0.69%
50 FORMлв0.02867лв0.02887
-0.69%
100 FORMлв0.05735лв0.05775
-0.69%
500 FORMлв0.2867лв0.2887
-0.69%
1000 FORMлв0.5735лв0.5775
-0.69%

FORM to BGN FAQ

How much is 1 Formation Fi in BGN?
Right now, the price of 1 Formation Fi (FORM) in Bulgarian Lev (BGN) is лв0.0005735.
How much FORM can I buy for 1 BGN?
Based on the current exchange rate, you can get 1,743.81 FORM for 1 BGN.
How do I calculate or convert FORM to BGN?
You can use our FORM to BGN calculator at the top of this page to convert any amount of FORM to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 8,719.05 FORM, while 5 FORM will cost around 0.002867BGN.
What is the highest price of FORM/BGN in history?
The all-time high price of 1 FORM in BGN is лв0.7945. It remains to be seen if the value of 1 FORM/BGN will exceed the current all-time high.
What is the price trend of Formation Fi in BGN?
Over the past 7 days, the exchange rate of Formation Fi (FORM) has gone down by 23.99%.   Over the last month, the exchange rate of Formation Fi (FORM) has gone down by 27.49% against Bulgarian Lev (BGN).

What factors influence the conversion rate of FORM to BGN?

There are many factors that affect the relationship between Formation Fi 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 FORM/BGN. When there is positive news in the market about the widespread adoption of FORM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FORM/BGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FORM/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 FORM/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 Formation Fi 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.