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base info Gnosis

Gnosis to Bulgarian Lev Converter and calculator

Convert 1Gnosis (GNO) to Bulgarian Lev (BGN) equals лв 595.66 | 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 Gnosis(GNO) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 GNO at a value of 1 GNO for 595.66 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 Gnosis currency pair is the GNO to BGN, with for Gnosis's currency code being GNO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

GNO to BGN conversion rate trend

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In the past 1D, Gnosis has changed -3.59% to BGN. Based on the trend and price charts, Gnosis(GNO) has changed -3.59% to BGN while Bulgarian Lev(BGN) has changed % to GNO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв595.36
0.0001% / 0.0004%vip-iconVIP
Binance
лв595.86
0.1000% / 0.1000%
Yes
Huobi
лв595.41
0.1000% / 0.1000%
Yes
Gate.io
лв595.86
0.1000% / 0.1000%
Yes
Last updated 2024/05/22 20:00:14(UTC+0)

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

Gnosis to Bulgarian Lev is rising this week.
Gnosis's current market price is лв 595.66 per GNO, with a total market cap of лв 1,542,521,326.84 BGN based on a circulating supply of 2,589,588 GNO. The trading volume of Gnosis has changed by -31.63% (лв -12,329,497.03 BGN) in the last 24 hours. Last trading day, GNO's trading volume was лв 38,982,977.15.
Market cap
$855.06M
24h volume
$14.77M
Circulating supply
2.59M GNO

Conversion tables

The exchange rate of Gnosis is decreasing.
1 GNO is currently valued at лв 595.66 BGN , which means buying 5 GNO will cost лв 2,978.31 BGN . Similarly, лв1 BGN can be traded for 0.001679 GNO, and лв50 BGN can be converted to 0.08394 GNO, excluding any platform or gas fees.
The exchange rate of 1 GNO to Bulgarian Lev has changed by +18.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.59%, reaching a high of 617.67 BGN and a low of 588.85 BGN . One month ago, the value of 1 GNO was лв 710.19 BGN , which represents a -16.13% change from its current value. Over the last year, Gnosis has changed by
+лв
24BGN
, resulting in a change of +182.47% in its value.

GNO to BGN

Amount
20:49 today
0.5 GNO
лв297.83
1 GNO
лв595.66
5 GNO
лв2,978.31
10 GNO
лв5,956.63
50 GNO
лв29,783.14
100 GNO
лв59,566.28
500 GNO
лв297,831.41
1000 GNO
лв595,662.81

BGN to GNO

Amount20:49 today
0.5BGN0.0008394  GNO
1BGN0.001679  GNO
5BGN0.008394  GNO
10BGN0.01679  GNO
50BGN0.08394  GNO
100BGN0.1679  GNO
500BGN0.8394  GNO
1000BGN1.68  GNO
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Today vs. 24 hours ago

Amount20:49 today24 hours ago24h change
0.5 GNO$165.1$171.25
-3.59%
1 GNO$330.19$342.49
-3.59%
5 GNO$1,650.95$1,712.46
-3.59%
10 GNO$3,301.9$3,424.91
-3.59%
50 GNO$16,509.5$17,124.57
-3.59%
100 GNO$33,019$34,249.13
-3.59%
500 GNO$165,095.01$171,245.67
-3.59%
1000 GNO$330,190.03$342,491.33
-3.59%

Today vs. 1 month ago

Amount20:49 today1 month ago1M change
0.5 GNO$165.1$196.84
-16.13%
1 GNO$330.19$393.67
-16.13%
5 GNO$1,650.95$1,968.37
-16.13%
10 GNO$3,301.9$3,936.73
-16.13%
50 GNO$16,509.5$19,683.66
-16.13%
100 GNO$33,019$39,367.31
-16.13%
500 GNO$165,095.01$196,836.57
-16.13%
1000 GNO$330,190.03$393,673.13
-16.13%
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Today vs. 1 year ago

Amount20:49 today1 year ago1Y change
0.5 GNO$165.1$58.44
+182.47%
1 GNO$330.19$116.89
+182.47%
5 GNO$1,650.95$584.44
+182.47%
10 GNO$3,301.9$1,168.89
+182.47%
50 GNO$16,509.5$5,844.44
+182.47%
100 GNO$33,019$11,688.89
+182.47%
500 GNO$165,095.01$58,444.43
+182.47%
1000 GNO$330,190.03$116,888.87
+182.47%

Gnosis price prediction

What will the price of GNO be in 2025?

Based on GNO's historical price performance prediction model, the price of GNO is projected to reach $455.11 in 2025.

What will the price of GNO be in 2030?

In 2030, the GNO price is expected to rise by +1.00%. By the end of 2030, the GNO price is projected to reach $556.08, with a cumulative ROI of +68.41%.
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