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PHA to BGN Converter and calculator

PHA/BGN: 1 PHA = 0.1776 BGN. The price of converting 1 Phala Network (PHA) to Bulgarian Lev (BGN) is 0.1776 BGN today.
PHA
PHA
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PHA to BGN real-time exchange rates, making it easy to convert Phala Network (PHA) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 PHA is currently valued at 0.1776 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PHA is currently valued at 0.1776 BGN, which means buying 5 PHA would cost 0.8882 BGN. Similarly, лв1 BGN can be converted to 5.63 PHA, and лв50 BGN can be converted to 28.15 PHA, excluding any platform or gas fees.

Network (PHA) has been listed in the Innovation, AI and DePin Zone. You can quickly sell or buy PHA. Spot Trading Link: PHA/USDT.

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Convert PHA to BGN

Convert BGN to PHA

Phala Network
Bulgarian Lev
10000 PHA
1,776.47  BGN
In the table above, you'll find a comprehensive PHA to BGN converter that shows the value of Phala Network in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 PHA to BGN, all the way up to 10000 PHA, providing a clear view of their respective values.
Bulgarian Lev
Phala Network
10000 BGN
56,291.32 PHA
50000 BGN
281,456.6 PHA
100000 BGN
562,913.21 PHA
In the table above, you'll find a comprehensive BGN to PHA converter that shows the value of Bulgarian Lev in Phala Network across commonly used conversion amounts. The list covers conversions from 1 BGN to PHA, all the way up to 100000 BGN, providing a clear view of their respective values.

PHA to BGN chart

PHA/BGN: 1 PHA = 0.1776 BGN; 2025/06/15 18:00:43
In the past 1D, Phala Network has changed +1.62% to BGN. Based on the trend and price charts, Phala Network(PHA) has changed +1.62% to BGN while Bulgarian Lev(BGN) has changed % to PHA in the last 24 hours.
1D7D1M3M1YAll

PHA to BGN conversion data: Volatility and price changes of Phala Network in BGN

The highest Phala Network price in BGN over the past 7 days was 0.2213 BGN while the lowest Phala Network price in BGN over the past 7 days was 0.1703 BGN. The relative change between the highs and lows in Phala Network price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PHA to BGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.1792 BGN
0.2213 BGN
0.2638 BGN
0.2679 BGN
Low
0.1703 BGN
0.1703 BGN
0.1703 BGN
0.1288 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
+1.62%
-15.23%
-21.38%
-15.22%

Phala Network information

PHA to BGN market statistics

PHA/BGN:
лв0.1776
PHA 24h volume:
лв16,492,438.1
PHA market cap:
лв141,968,871.66
PHA circulating supply:
799.16M PHA

Current PHA to BGN exchange rate

Phala Network to Bulgarian Lev is falling this week.
Phala Network's current market price is лв0.1776 per PHA, with a total market cap of лв141,968,871.66 BGN based on a circulating supply of 799,161,540 PHA. The trading volume of Phala Network has changed by -19.85% (лв-4,083,449.50 BGN) in the last 24 hours. Last trading day, PHA's trading volume was лв20,575,887.6.

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

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How to convert PHA to BGN

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Bitget P2P trading does not currently support direct buying of PHA with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy PHA with USDT via Bitget spot market.
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PHA to BGN Conversion tables

The exchange rate of Phala Network is decreasing.
The exchange rate of 1 PHA to Bulgarian Lev has changed by -15.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.62%, reaching a high of 0.1792 BGN and a low of 0.1703 BGN . One month ago, the value of 1 PHA was лв0.2260 BGN , which represents a -21.38% change from its current value. Over the last year, Phala Network has changed by
-лв
0.09416BGN
, resulting in a change of -34.60% in its value.
24 hours ago1 month ago1 year ago
Amount 18:00 today 24 hours ago 24h change
0.5 PHA
лв0.08882лв0.08741
+1.62%
1 PHA
лв0.1776лв0.1748
+1.62%
5 PHA
лв0.8882лв0.8741
+1.62%
10 PHA
лв1.78лв1.75
+1.62%
50 PHA
лв8.88лв8.74
+1.62%
100 PHA
лв17.76лв17.48
+1.62%
500 PHA
лв88.82лв87.41
+1.62%
1000 PHA
лв177.65лв174.82
+1.62%

PHA to BGN FAQ

How much is 1 Phala Network in BGN?
Right now, the price of 1 Phala Network (PHA) in Bulgarian Lev (BGN) is лв0.1776.
How much PHA can I buy for 1 BGN?
Based on the current exchange rate, you can get 5.63 PHA for 1 BGN.
How do I calculate or convert PHA to BGN?
You can use our PHA to BGN calculator at the top of this page to convert any amount of PHA to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 28.15 PHA, while 5 PHA will cost around 0.8882BGN.
What is the highest price of PHA/BGN in history?
The all-time high price of 1 PHA in BGN is лв2.39. It remains to be seen if the value of 1 PHA/BGN will exceed the current all-time high.
What is the price trend of Phala Network in BGN?
Over the past 7 days, the exchange rate of Phala Network (PHA) has gone down by 15.23%.   Over the last month, the exchange rate of Phala Network (PHA) has gone down by 21.38% against Bulgarian Lev (BGN).

What factors influence the conversion rate of PHA to BGN?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Phala Network currency pairs: PHA to US Dollar (USD), PHA to Euro (EUR), PHA to Pound Sterling (GBP), PHA to Canadian Dollar (CAD), PHA to Indian Rupee (INR), PHA to Pakistani Rupee (PKR), PHA to Brazilian Real (BRL), PHA to…
The price of Phala Network in the US is $0.1049 USD. Additionally, Phala Network’s price is €0.09080 EUR in the eurozone, £0.07730 GBP in the UK, C$0.1425 CAD in Canada, ₹9.03 INR in India, ₨29.67 PKR in Pakistan, R$0.5819 BRL in Brazil, and more.
The most popular Phala Network currency pair is the PHA to Bulgarian Lev(BGN). The price of 1 Phala Network (PHA) in Bulgarian Lev (BGN) is лв0.1776.

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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.