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base info Ethereum Classic

Ethereum Classic to Bulgarian Lev Converter and calculator

Convert 1Ethereum Classic (ETC) to Bulgarian Lev (BGN) equals лв 47.55 | Bitget

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 Ethereum Classic currency pair is the ETC to BGN, with for Ethereum Classic's currency code being ETC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

ETC to BGN conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ethereum Classic has changed +3.56% to BGN. Based on the trend and price charts, Ethereum Classic(ETC) has changed +3.56% to BGN while Bulgarian Lev(BGN) has changed % to ETC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв47.54
0.0001% / 0.0004%vip-iconVIP
Binance
лв47.64
0.1000% / 0.1000%
Yes
OKX
лв47.68
0.080% / 0.100%
Yes
Huobi
лв47.64
0.1000% / 0.1000%
Yes
Gate.io
лв47.66
0.1000% / 0.1000%
Yes
Bybit
лв47.55
0.1000% / 0.1000%
Yes
KuCoin
лв47.68
0.1000% / 0.1000%
Yes
Bitfinex
лв47.69
0.1000% / 0.1000%
Yes
Last updated 2024/04/18 17:00:32(UTC+0)

What factors influence the conversion rate of Ethereum Classic to Bulgarian Lev?

Ethereum Classic to Bulgarian Lev is falling this week.
Ethereum Classic's current market price is лв 47.55 per ETC, with a total market cap of лв 6,971,193,617.88 BGN based on a circulating supply of 146,615,780 ETC. The trading volume of Ethereum Classic has changed by +2.18% (лв 8,206,027.1 BGN) in the last 24 hours. Last trading day, ETC's trading volume was лв 377,132,547.62.
Market cap
$3.81B
24h volume
$210.37M
Circulating supply
146.62M ETC

Conversion tables

The exchange rate of Ethereum Classic is decreasing.
1 ETC is currently valued at лв 47.55 BGN , which means buying 5 ETC will cost лв 237.74 BGN . Similarly, лв1 BGN can be traded for 0.02103 ETC, and лв50 BGN can be converted to 1.05 ETC, excluding any platform or gas fees.
The exchange rate of 1 ETC to Bulgarian Lev has changed by -24.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.56%, reaching a high of 48.11 BGN and a low of 45.67 BGN . One month ago, the value of 1 ETC was лв 53.78 BGN , which represents a -11.59% change from its current value. Over the last year, Ethereum Classic has changed by
+лв
0.8662BGN
, resulting in a change of +26.75% in its value.

ETC to BGN

Amount
17:24 today
0.5 ETC
лв23.77
1 ETC
лв47.55
5 ETC
лв237.74
10 ETC
лв475.47
50 ETC
лв2,377.37
100 ETC
лв4,754.74
500 ETC
лв23,773.68
1000 ETC
лв47,547.37

BGN to ETC

Amount17:24 today
0.5BGN0.01052  ETC
1BGN0.02103  ETC
5BGN0.1052  ETC
10BGN0.2103  ETC
50BGN1.05  ETC
100BGN2.1  ETC
500BGN10.52  ETC
1000BGN21.03  ETC
share

Today vs. 24 hours ago

Amount17:24 today24 hours ago24h change
0.5 ETC$12.98$12.53
+3.56%
1 ETC$25.96$25.07
+3.56%
5 ETC$129.79$125.33
+3.56%
10 ETC$259.58$250.67
+3.56%
50 ETC$1,297.9$1,253.34
+3.56%
100 ETC$2,595.81$2,506.68
+3.56%
500 ETC$12,979.03$12,533.41
+3.56%
1000 ETC$25,958.05$25,066.82
+3.56%

Today vs. 1 month ago

Amount17:24 today1 month ago1M change
0.5 ETC$12.98$14.68
-11.59%
1 ETC$25.96$29.36
-11.59%
5 ETC$129.79$146.79
-11.59%
10 ETC$259.58$293.59
-11.59%
50 ETC$1,297.9$1,467.95
-11.59%
100 ETC$2,595.81$2,935.89
-11.59%
500 ETC$12,979.03$14,679.47
-11.59%
1000 ETC$25,958.05$29,358.94
-11.59%

Today vs. 1 year ago

Amount17:24 today1 year ago1Y change
0.5 ETC$12.98$10.24
+26.75%
1 ETC$25.96$20.49
+26.75%
5 ETC$129.79$102.43
+26.75%
10 ETC$259.58$204.85
+26.75%
50 ETC$1,297.9$1,024.26
+26.75%
100 ETC$2,595.81$2,048.52
+26.75%
500 ETC$12,979.03$10,242.59
+26.75%
1000 ETC$25,958.05$20,485.18
+26.75%

FAQ

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