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base info KOMPETE

KOMPETE to Bulgarian Lev Converter and calculator

Convert 1KOMPETE (KOMPETE) to Bulgarian Lev (BGN) equals лв 0.02980 | 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 KOMPETE(KOMPETE) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 KOMPETE at a value of 1 KOMPETE for 0.03 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 KOMPETE currency pair is the KOMPETE to BGN, with for KOMPETE's currency code being KOMPETE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

KOMPETE to BGN conversion rate trend

1D7D1M3M1YAll
In the past 1D, KOMPETE has changed -0.81% to BGN. Based on the trend and price charts, KOMPETE(KOMPETE) has changed -0.81% to BGN while Bulgarian Lev(BGN) has changed % to KOMPETE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв0.02962
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 00:30:41(UTC+0)

How to buy KOMPETE

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Use a variety of payment options to buy KOMPETE on Bitget. We'll show you how.

Buy KOMPETE (or USDT) for BGN (Bulgarian Lev) offers

Bitget P2P trading does not currently support direct buying of KOMPETE with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy KOMPETE with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell KOMPETE (or USDT) for BGN (Bulgarian Lev) offers

Bitget P2P trading currently does not support direct selling of KOMPETE to BGN. However, you can first exchange KOMPETE for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of KOMPETE to Bulgarian Lev?

KOMPETE to Bulgarian Lev is falling this week.
KOMPETE's current market price is лв 0.02980 per KOMPETE, with a total market cap of лв 22,377,635.1 BGN based on a circulating supply of 750,875,000 KOMPETE. The trading volume of KOMPETE has changed by -75.17% (лв -13,588.37 BGN) in the last 24 hours. Last trading day, KOMPETE's trading volume was лв 18,077.12.
Market cap
$11.94M
24h volume
$2.40K
Circulating supply
750.88M KOMPETE

Conversion tables

The exchange rate of KOMPETE is increasing.
1 KOMPETE is currently valued at лв 0.02980 BGN , which means buying 5 KOMPETE will cost лв 0.1490 BGN . Similarly, лв1 BGN can be traded for 33.55 KOMPETE, and лв50 BGN can be converted to 1,677.74 KOMPETE, excluding any platform or gas fees.
The exchange rate of 1 KOMPETE to Bulgarian Lev has changed by -30.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.81%, reaching a high of 0.03029 BGN and a low of 0.02920 BGN . One month ago, the value of 1 KOMPETE was лв 0.02321 BGN , which represents a +28.40% change from its current value. Over the last year, KOMPETE has changed by
-лв
0.03406BGN
, resulting in a change of -53.33% in its value.

KOMPETE to BGN

Amount
07:25 am today
0.5 KOMPETE
лв0.01490
1 KOMPETE
лв0.02980
5 KOMPETE
лв0.1490
10 KOMPETE
лв0.2980
50 KOMPETE
лв1.49
100 KOMPETE
лв2.98
500 KOMPETE
лв14.9
1000 KOMPETE
лв29.8

BGN to KOMPETE

Amount07:25 am today
0.5BGN16.78  KOMPETE
1BGN33.55  KOMPETE
5BGN167.77  KOMPETE
10BGN335.55  KOMPETE
50BGN1,677.74  KOMPETE
100BGN3,355.47  KOMPETE
500BGN16,777.35  KOMPETE
1000BGN33,554.71  KOMPETE

Today vs. 24 hours ago

Amount07:25 am today24 hours ago24h change
0.5 KOMPETE$0.007951$0.008016
-0.81%
1 KOMPETE$0.01590$0.01603
-0.81%
5 KOMPETE$0.07951$0.08016
-0.81%
10 KOMPETE$0.1590$0.1603
-0.81%
50 KOMPETE$0.7951$0.8016
-0.81%
100 KOMPETE$1.59$1.6
-0.81%
500 KOMPETE$7.95$8.02
-0.81%
1000 KOMPETE$15.9$16.03
-0.81%

Today vs. 1 month ago

Amount07:25 am today1 month ago1M change
0.5 KOMPETE$0.007951$0.006192
+28.40%
1 KOMPETE$0.01590$0.01238
+28.40%
5 KOMPETE$0.07951$0.06192
+28.40%
10 KOMPETE$0.1590$0.1238
+28.40%
50 KOMPETE$0.7951$0.6192
+28.40%
100 KOMPETE$1.59$1.24
+28.40%
500 KOMPETE$7.95$6.19
+28.40%
1000 KOMPETE$15.9$12.38
+28.40%

Today vs. 1 year ago

Amount07:25 am today1 year ago1Y change
0.5 KOMPETE$0.007951$0.01704
-53.33%
1 KOMPETE$0.01590$0.03407
-53.33%
5 KOMPETE$0.07951$0.1704
-53.33%
10 KOMPETE$0.1590$0.3407
-53.33%
50 KOMPETE$0.7951$1.7
-53.33%
100 KOMPETE$1.59$3.41
-53.33%
500 KOMPETE$7.95$17.04
-53.33%
1000 KOMPETE$15.9$34.07
-53.33%

KOMPETE price prediction

What will the price of KOMPETE be in 2025?

Based on KOMPETE's historical price performance prediction model, the price of KOMPETE is projected to reach $0.02599 in 2025.

What will the price of KOMPETE be in 2030?

In 2030, the KOMPETE price is expected to change by -3.00%. By the end of 2030, the KOMPETE price is projected to reach $0.02645, with a cumulative ROI of +64.95%.

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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 KOMPETE 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 KOMPETE 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 KOMPETE 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.
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.