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Monero to Bulgarian Lev Converter and calculator

Convert 1Monero (XMR) to Bulgarian Lev (BGN) equals лв 244.45 | 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 Monero(XMR) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 XMR at a value of 1 XMR for 244.45 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 Monero currency pair is the XMR to BGN, with for Monero's currency code being XMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

XMR to BGN conversion rate trend

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In the past 1D, Monero has changed -0.28% to BGN. Based on the trend and price charts, Monero(XMR) has changed -0.28% to BGN while Bulgarian Lev(BGN) has changed % to XMR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв244.45
0.0001% / 0.0004%vip-iconVIP
Binance
лв213.64
0.1000% / 0.1000%
Yes
Kraken
лв243.01
0.1000% / 0.1000%
Yes
OKX
лв286.17
0.080% / 0.100%
Yes
Huobi
лв243.44
0.1000% / 0.1000%
Yes
Gate.io
лв242.99
0.1000% / 0.1000%
Yes
KuCoin
лв242.9
0.1000% / 0.1000%
Yes
Bitfinex
лв242.76
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 15:00:29(UTC+0)

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

Monero to Bulgarian Lev is rising this week.
Monero's current market price is лв 244.45 per XMR, with a total market cap of лв 4,507,370,637.93 BGN based on a circulating supply of 18,439,076 XMR. The trading volume of Monero has changed by +5.66% (лв 3,064,918.03 BGN) in the last 24 hours. Last trading day, XMR's trading volume was лв 54,136,148.22.
Market cap
$2.50B
24h volume
$31.78M
Circulating supply
18.44M XMR

Conversion tables

The exchange rate of Monero is increasing.
1 XMR is currently valued at лв 244.45 BGN , which means buying 5 XMR will cost лв 1,222.23 BGN . Similarly, лв1 BGN can be traded for 0.004091 XMR, and лв50 BGN can be converted to 0.2045 XMR, excluding any platform or gas fees.
The exchange rate of 1 XMR to Bulgarian Lev has changed by +1.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.28%, reaching a high of 245.3 BGN and a low of 241.37 BGN . One month ago, the value of 1 XMR was лв 211.82 BGN , which represents a +15.41% change from its current value. Over the last year, Monero has changed by
-лв
25.7BGN
, resulting in a change of -9.52% in its value.

XMR to BGN

Amount
15:40 today
0.5 XMR
лв122.22
1 XMR
лв244.45
5 XMR
лв1,222.23
10 XMR
лв2,444.47
50 XMR
лв12,222.33
100 XMR
лв24,444.67
500 XMR
лв122,223.33
1000 XMR
лв244,446.66

BGN to XMR

Amount15:40 today
0.5BGN0.002045  XMR
1BGN0.004091  XMR
5BGN0.02045  XMR
10BGN0.04091  XMR
50BGN0.2045  XMR
100BGN0.4091  XMR
500BGN2.05  XMR
1000BGN4.09  XMR
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Today vs. 24 hours ago

Amount15:40 today24 hours ago24h change
0.5 XMR$67.91$68.1
-0.28%
1 XMR$135.82$136.2
-0.28%
5 XMR$679.09$680.98
-0.28%
10 XMR$1,358.19$1,361.97
-0.28%
50 XMR$6,790.94$6,809.83
-0.28%
100 XMR$13,581.88$13,619.66
-0.28%
500 XMR$67,909.4$68,098.3
-0.28%
1000 XMR$135,818.79$136,196.6
-0.28%

Today vs. 1 month ago

Amount15:40 today1 month ago1M change
0.5 XMR$67.91$58.85
+15.41%
1 XMR$135.82$117.69
+15.41%
5 XMR$679.09$588.46
+15.41%
10 XMR$1,358.19$1,176.91
+15.41%
50 XMR$6,790.94$5,884.56
+15.41%
100 XMR$13,581.88$11,769.12
+15.41%
500 XMR$67,909.4$58,845.59
+15.41%
1000 XMR$135,818.79$117,691.18
+15.41%
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Today vs. 1 year ago

Amount15:40 today1 year ago1Y change
0.5 XMR$67.91$75.05
-9.52%
1 XMR$135.82$150.1
-9.52%
5 XMR$679.09$750.5
-9.52%
10 XMR$1,358.19$1,501.01
-9.52%
50 XMR$6,790.94$7,505.04
-9.52%
100 XMR$13,581.88$15,010.09
-9.52%
500 XMR$67,909.4$75,050.44
-9.52%
1000 XMR$135,818.79$150,100.88
-9.52%

Monero price prediction

What will the price of XMR be in 2025?

Based on XMR's historical price performance prediction model, the price of XMR is projected to reach $157.04 in 2025.

What will the price of XMR be in 2030?

In 2030, the XMR price is expected to rise by +1.00%. By the end of 2030, the XMR price is projected to reach $270.5, with a cumulative ROI of +99.16%.
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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.