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base info Ondo

Ondo to Bulgarian Lev Converter and calculator

Convert 1Ondo (ONDO) to Bulgarian Lev (BGN) equals лв 1.72 | 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 Ondo(ONDO) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 ONDO at a value of 1 ONDO for 1.72 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 Ondo currency pair is the ONDO to BGN, with for Ondo's currency code being ONDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

ONDO to BGN conversion rate trend

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In the past 1D, Ondo has changed -5.07% to BGN. Based on the trend and price charts, Ondo(ONDO) has changed -5.07% to BGN while Bulgarian Lev(BGN) has changed % to ONDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв1.72
0.0001% / 0.0004%vip-iconVIP
Huobi
лв1.72
0.1000% / 0.1000%
Yes
Gate.io
лв1.72
0.1000% / 0.1000%
Yes
Bybit
лв1.72
0.1000% / 0.1000%
Yes
KuCoin
лв1.72
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 09:00:18(UTC+0)

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

Ondo to Bulgarian Lev is rising this week.
Ondo's current market price is лв 1.72 per ONDO, with a total market cap of лв 2,387,480,590.34 BGN based on a circulating supply of 1,389,759,900 ONDO. The trading volume of Ondo has changed by -32.56% (лв -187,393,726.63 BGN) in the last 24 hours. Last trading day, ONDO's trading volume was лв 575,535,326.06.
Market cap
$1.33B
24h volume
$215.77M
Circulating supply
1.39B ONDO

Conversion tables

The exchange rate of Ondo is increasing.
1 ONDO is currently valued at лв 1.72 BGN , which means buying 5 ONDO will cost лв 8.59 BGN . Similarly, лв1 BGN can be traded for 0.5821 ONDO, and лв50 BGN can be converted to 29.11 ONDO, excluding any platform or gas fees.
The exchange rate of 1 ONDO to Bulgarian Lev has changed by +22.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.07%, reaching a high of 1.82 BGN and a low of 1.66 BGN . One month ago, the value of 1 ONDO was лв 1.41 BGN , which represents a +22.15% change from its current value. Over the last year, Ondo has changed by
+лв
1.72BGN
, resulting in a change of --% in its value.

ONDO to BGN

Amount
09:02 am today
0.5 ONDO
лв0.8590
1 ONDO
лв1.72
5 ONDO
лв8.59
10 ONDO
лв17.18
50 ONDO
лв85.9
100 ONDO
лв171.79
500 ONDO
лв858.95
1000 ONDO
лв1,717.91

BGN to ONDO

Amount09:02 am today
0.5BGN0.2911  ONDO
1BGN0.5821  ONDO
5BGN2.91  ONDO
10BGN5.82  ONDO
50BGN29.11  ONDO
100BGN58.21  ONDO
500BGN291.05  ONDO
1000BGN582.1  ONDO
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Today vs. 24 hours ago

Amount09:02 am today24 hours ago24h change
0.5 ONDO$0.4775$0.5031
-5.07%
1 ONDO$0.9550$1.01
-5.07%
5 ONDO$4.77$5.03
-5.07%
10 ONDO$9.55$10.06
-5.07%
50 ONDO$47.75$50.31
-5.07%
100 ONDO$95.5$100.61
-5.07%
500 ONDO$477.49$503.05
-5.07%
1000 ONDO$954.98$1,006.1
-5.07%

Today vs. 1 month ago

Amount09:02 am today1 month ago1M change
0.5 ONDO$0.4775$0.3907
+22.15%
1 ONDO$0.9550$0.7813
+22.15%
5 ONDO$4.77$3.91
+22.15%
10 ONDO$9.55$7.81
+22.15%
50 ONDO$47.75$39.07
+22.15%
100 ONDO$95.5$78.13
+22.15%
500 ONDO$477.49$390.67
+22.15%
1000 ONDO$954.98$781.34
+22.15%
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Today vs. 1 year ago

Amount09:02 am today1 year ago1Y change
0.5 ONDO$0.4775$-0.001255
--
1 ONDO$0.9550$-0.002509
--
5 ONDO$4.77$-0.01255
--
10 ONDO$9.55$-0.02509
--
50 ONDO$47.75$-0.1255
--
100 ONDO$95.5$-0.2509
--
500 ONDO$477.49$-1.2547
--
1000 ONDO$954.98$-2.5094
--

Ondo price prediction

What will the price of ONDO be in 2025?

Based on ONDO's historical price performance prediction model, the price of ONDO is projected to reach -- in 2025.

What will the price of ONDO be in 2030?

In 2030, the ONDO price is expected to rise by +9.00%. By the end of 2030, the ONDO price is projected to reach --, with a cumulative ROI of 0.00%.
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