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base info Gorilla

Gorilla to Bulgarian Lev Converter and calculator

Convert 1Gorilla (GORILLA) to Bulgarian Lev (BGN) equals лв 0.007053 | 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 Gorilla(GORILLA) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 GORILLA at a value of 1 GORILLA for 0.01 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 Gorilla currency pair is the GORILLA to BGN, with for Gorilla's currency code being GORILLA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

GORILLA to BGN conversion rate trend

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In the past 1D, Gorilla has changed +2.13% to BGN. Based on the trend and price charts, Gorilla(GORILLA) has changed +2.13% to BGN while Bulgarian Lev(BGN) has changed % to GORILLA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв0.007053
0.0001% / 0.0004%vip-iconVIP
Gate.io
лв0.007094
0.1000% / 0.1000%
Yes
Last updated 2024/05/18 19:00:14(UTC+0)

How to buy Gorilla

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Buy Gorilla (GORILLA)
Use a variety of payment options to buy Gorilla on Bitget. We'll show you how.

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

Gorilla to Bulgarian Lev is rising this week.
Gorilla's current market price is лв 0.007053 per GORILLA, with a total market cap of лв 5,950,417.48 BGN based on a circulating supply of 843,716,400 GORILLA. The trading volume of Gorilla has changed by -6.04% (лв -57,456.25 BGN) in the last 24 hours. Last trading day, GORILLA's trading volume was лв 950,758.67.
Market cap
$3.31M
24h volume
$496.61K
Circulating supply
843.72M GORILLA

Conversion tables

The exchange rate of Gorilla is increasing.
1 GORILLA is currently valued at лв 0.007053 BGN , which means buying 5 GORILLA will cost лв 0.03526 BGN . Similarly, лв1 BGN can be traded for 141.79 GORILLA, and лв50 BGN can be converted to 7,089.56 GORILLA, excluding any platform or gas fees.
The exchange rate of 1 GORILLA to Bulgarian Lev has changed by +1.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.13%, reaching a high of 0.007243 BGN and a low of 0.006674 BGN . One month ago, the value of 1 GORILLA was лв 0.006936 BGN , which represents a +1.68% change from its current value. Over the last year, Gorilla has changed by
+лв
0.007064BGN
, resulting in a change of --% in its value.

GORILLA to BGN

Amount
19:05 today
0.5 GORILLA
лв0.003526
1 GORILLA
лв0.007053
5 GORILLA
лв0.03526
10 GORILLA
лв0.07053
50 GORILLA
лв0.3526
100 GORILLA
лв0.7053
500 GORILLA
лв3.53
1000 GORILLA
лв7.05

BGN to GORILLA

Amount19:05 today
0.5BGN70.9  GORILLA
1BGN141.79  GORILLA
5BGN708.96  GORILLA
10BGN1,417.91  GORILLA
50BGN7,089.56  GORILLA
100BGN14,179.11  GORILLA
500BGN70,895.57  GORILLA
1000BGN141,791.13  GORILLA
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Today vs. 24 hours ago

Amount19:05 today24 hours ago24h change
0.5 GORILLA$0.001960$0.001919
+2.13%
1 GORILLA$0.003921$0.003839
+2.13%
5 GORILLA$0.01960$0.01919
+2.13%
10 GORILLA$0.03921$0.03839
+2.13%
50 GORILLA$0.1960$0.1919
+2.13%
100 GORILLA$0.3921$0.3839
+2.13%
500 GORILLA$1.96$1.92
+2.13%
1000 GORILLA$3.92$3.84
+2.13%

Today vs. 1 month ago

Amount19:05 today1 month ago1M change
0.5 GORILLA$0.001960$0.001928
+1.68%
1 GORILLA$0.003921$0.003856
+1.68%
5 GORILLA$0.01960$0.01928
+1.68%
10 GORILLA$0.03921$0.03856
+1.68%
50 GORILLA$0.1960$0.1928
+1.68%
100 GORILLA$0.3921$0.3856
+1.68%
500 GORILLA$1.96$1.93
+1.68%
1000 GORILLA$3.92$3.86
+1.68%
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Today vs. 1 year ago

Amount19:05 today1 year ago1Y change
0.5 GORILLA$0.001960$-0.{5}3121
--
1 GORILLA$0.003921$-0.{5}6242
--
5 GORILLA$0.01960$-0.{4}3121
--
10 GORILLA$0.03921$-0.{4}6242
--
50 GORILLA$0.1960$-0.0003121
--
100 GORILLA$0.3921$-0.0006242
--
500 GORILLA$1.96$-0.003121
--
1000 GORILLA$3.92$-0.006242
--

Gorilla price prediction

What will the price of GORILLA be in 2025?

Based on GORILLA's historical price performance prediction model, the price of GORILLA is projected to reach $0.005774 in 2025.

What will the price of GORILLA be in 2030?

In 2030, the GORILLA price is expected to rise by -18.00%. By the end of 2030, the GORILLA price is projected to reach $0.006779, with a cumulative ROI of +72.91%.
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