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base info Kaspa

Kaspa to Bulgarian Lev Converter and calculator

Convert 1Kaspa (KAS) to Bulgarian Lev (BGN) equals лв 0.2192 | 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 Kaspa(KAS) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 KAS at a value of 1 KAS for 0.22 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 Kaspa currency pair is the KAS to BGN, with for Kaspa's currency code being KAS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

KAS to BGN conversion rate trend

1D7D1M3M1YAll
In the past 1D, Kaspa has changed +3.70% to BGN. Based on the trend and price charts, Kaspa(KAS) has changed +3.70% to BGN while Bulgarian Lev(BGN) has changed % to KAS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв0.2190
0.0001% / 0.0004%vip-iconVIP
Gate.io
лв0.2191
0.1000% / 0.1000%
Yes
Bybit
лв0.2190
0.1000% / 0.1000%
Yes
KuCoin
лв0.2191
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 19:00:31(UTC+0)

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

Kaspa to Bulgarian Lev is falling this week.
Kaspa's current market price is лв 0.2192 per KAS, with a total market cap of лв 5,127,264,722.92 BGN based on a circulating supply of 23,395,195,000 KAS. The trading volume of Kaspa has changed by -21.51% (лв -21,697,409.13 BGN) in the last 24 hours. Last trading day, KAS's trading volume was лв 100,889,088.41.
Market cap
$2.80B
24h volume
$43.21M
Circulating supply
23.40B KAS

Conversion tables

The exchange rate of Kaspa is decreasing.
1 KAS is currently valued at лв 0.2192 BGN , which means buying 5 KAS will cost лв 1.1 BGN . Similarly, лв1 BGN can be traded for 4.56 KAS, and лв50 BGN can be converted to 228.14 KAS, excluding any platform or gas fees.
The exchange rate of 1 KAS to Bulgarian Lev has changed by -0.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.70%, reaching a high of 0.2229 BGN and a low of 0.2050 BGN . One month ago, the value of 1 KAS was лв 0.2667 BGN , which represents a -17.82% change from its current value. Over the last year, Kaspa has changed by
+лв
0.1717BGN
, resulting in a change of +361.38% in its value.

KAS to BGN

Amount
19:07 today
0.5 KAS
лв0.1096
1 KAS
лв0.2192
5 KAS
лв1.1
10 KAS
лв2.19
50 KAS
лв10.96
100 KAS
лв21.92
500 KAS
лв109.58
1000 KAS
лв219.16

BGN to KAS

Amount19:07 today
0.5BGN2.28  KAS
1BGN4.56  KAS
5BGN22.81  KAS
10BGN45.63  KAS
50BGN228.14  KAS
100BGN456.29  KAS
500BGN2,281.45  KAS
1000BGN4,562.9  KAS
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Today vs. 24 hours ago

Amount19:07 today24 hours ago24h change
0.5 KAS$0.05978$0.05765
+3.70%
1 KAS$0.1196$0.1153
+3.70%
5 KAS$0.5978$0.5765
+3.70%
10 KAS$1.2$1.15
+3.70%
50 KAS$5.98$5.77
+3.70%
100 KAS$11.96$11.53
+3.70%
500 KAS$59.78$57.65
+3.70%
1000 KAS$119.57$115.3
+3.70%

Today vs. 1 month ago

Amount19:07 today1 month ago1M change
0.5 KAS$0.05978$0.07275
-17.82%
1 KAS$0.1196$0.1455
-17.82%
5 KAS$0.5978$0.7275
-17.82%
10 KAS$1.2$1.45
-17.82%
50 KAS$5.98$7.27
-17.82%
100 KAS$11.96$14.55
-17.82%
500 KAS$59.78$72.75
-17.82%
1000 KAS$119.57$145.49
-17.82%

Today vs. 1 year ago

Amount19:07 today1 year ago1Y change
0.5 KAS$0.05978$0.01296
+361.38%
1 KAS$0.1196$0.02592
+361.38%
5 KAS$0.5978$0.1296
+361.38%
10 KAS$1.2$0.2592
+361.38%
50 KAS$5.98$1.3
+361.38%
100 KAS$11.96$2.59
+361.38%
500 KAS$59.78$12.96
+361.38%
1000 KAS$119.57$25.92
+361.38%

FAQ

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