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WELA to BGN Converter and calculator

WELA/BGN: 1 WELA = 2.32 BGN. The price of converting 1 Wrapped Elastos (WELA) to Bulgarian Lev (BGN) is 2.32 BGN today.
WELA
WELA
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides WELA to BGN real-time exchange rates, making it easy to convert Wrapped Elastos (WELA) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 WELA is currently valued at 2.32 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WELA is currently valued at 2.32 BGN, which means buying 5 WELA would cost 11.58 BGN. Similarly, лв1 BGN can be converted to 0.4320 WELA, and лв50 BGN can be converted to 2.16 WELA, excluding any platform or gas fees.

Convert WELA to BGN

Convert BGN to WELA

Wrapped Elastos
Bulgarian Lev
500 WELA
1,157.53  BGN
1000 WELA
2,315.06  BGN
5000 WELA
11,575.29  BGN
10000 WELA
23,150.58  BGN
In the table above, you'll find a comprehensive WELA to BGN converter that shows the value of Wrapped Elastos in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 WELA to BGN, all the way up to 10000 WELA, providing a clear view of their respective values.
Bulgarian Lev
Wrapped Elastos
10000 BGN
4,319.55 WELA
50000 BGN
21,597.73 WELA
100000 BGN
43,195.45 WELA
In the table above, you'll find a comprehensive BGN to WELA converter that shows the value of Bulgarian Lev in Wrapped Elastos across commonly used conversion amounts. The list covers conversions from 1 BGN to WELA, all the way up to 100000 BGN, providing a clear view of their respective values.

WELA to BGN chart

WELA/BGN: 1 WELA = 2.32 BGN; 2025/04/27 19:31:08
In the past 1D, Wrapped Elastos has changed -0.70% to BGN. Based on the trend and price charts, Wrapped Elastos(WELA) has changed -0.70% to BGN while Bulgarian Lev(BGN) has changed % to WELA in the last 24 hours.
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WELA to BGN conversion data: Volatility and price changes of Wrapped Elastos in BGN

The highest Wrapped Elastos price in BGN over the past 7 days was 4.46 BGN while the lowest Wrapped Elastos price in BGN over the past 7 days was 4.16 BGN. The relative change between the highs and lows in Wrapped Elastos price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and WELA 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
4.2 BGN
4.46 BGN
5.33 BGN
10.43 BGN
Low
4.16 BGN
4.16 BGN
4.16 BGN
4.16 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
-0.70%
-7.17%
-21.85%
-29.73%

Wrapped Elastos information

WELA to BGN market statistics

WELA/BGN:
лв2.32
WELA 24h volume:
лв324.33
WELA market cap:
лв904,660.86
WELA circulating supply:
390.77K WELA

Current WELA to BGN exchange rate

Wrapped Elastos to Bulgarian Lev is falling this week.
Wrapped Elastos's current market price is лв2.32 per WELA, with a total market cap of лв904,660.86 BGN based on a circulating supply of 390,772.38 WELA. The trading volume of Wrapped Elastos has changed by 0.00% (лв0 BGN) in the last 24 hours. Last trading day, WELA's trading volume was лв324.33.

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

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How to convert WELA to BGN

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1 WELA to лв2.32 BGN
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WELA to BGN Conversion tables

The exchange rate of Wrapped Elastos is decreasing.
The exchange rate of 1 WELA to Bulgarian Lev has changed by -7.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.70%, reaching a high of 4.2 BGN and a low of 4.16 BGN . One month ago, the value of 1 WELA was лв3.48 BGN , which represents a -21.85% change from its current value. Over the last year, Wrapped Elastos has changed by
+лв
1.51BGN
, resulting in a change of +57.36% in its value.
24 hours ago1 month ago1 year ago
Amount19:31 today24 hours ago24h change
0.5 WELAлв1.16лв1.17
-0.70%
1 WELAлв2.32лв2.34
-0.70%
5 WELAлв11.58лв11.72
-0.70%
10 WELAлв23.15лв23.44
-0.70%
50 WELAлв115.75лв117.21
-0.70%
100 WELAлв231.51лв234.42
-0.70%
500 WELAлв1,157.53лв1,172.1
-0.70%
1000 WELAлв2,315.06лв2,344.2
-0.70%

WELA to BGN FAQ

How much is 1 Wrapped Elastos in BGN?
Right now, the price of 1 Wrapped Elastos (WELA) in Bulgarian Lev (BGN) is лв2.32.
How much WELA can I buy for 1 BGN?
Based on the current exchange rate, you can get 0.4320 WELA for 1 BGN.
How do I calculate or convert WELA to BGN?
You can use our WELA to BGN calculator at the top of this page to convert any amount of WELA to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 2.16 WELA, while 5 WELA will cost around 11.58BGN.
What is the highest price of WELA/BGN in history?
The all-time high price of 1 WELA in BGN is лв11.81. It remains to be seen if the value of 1 WELA/BGN will exceed the current all-time high.
What is the price trend of Wrapped Elastos in BGN?
Over the past 7 days, the exchange rate of Wrapped Elastos (WELA) has gone down by 7.17%.   Over the last month, the exchange rate of Wrapped Elastos (WELA) has gone down by 21.85% against Bulgarian Lev (BGN).

What factors influence the conversion rate of WELA to BGN?

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