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Ethereum Classic to Bulgarian Lev Converter and calculator

Convert 1Ethereum Classic (ETC) to Bulgarian Lev (BGN) equals лв 50.59 | 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 Ethereum Classic(ETC) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 ETC at a value of 1 ETC for 50.59 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 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

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In the past 1D, Ethereum Classic has changed +1.55% to BGN. Based on the trend and price charts, Ethereum Classic(ETC) has changed +1.55% 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
лв50.12
0.0001% / 0.0004%vip-iconVIP
Binance
лв50.13
0.1000% / 0.1000%
Yes
OKX
лв50.13
0.080% / 0.100%
Yes
Huobi
лв50.13
0.1000% / 0.1000%
Yes
Gate.io
лв50.21
0.1000% / 0.1000%
Yes
Bybit
лв50.15
0.1000% / 0.1000%
Yes
KuCoin
лв50.12
0.1000% / 0.1000%
Yes
Bitfinex
лв50.17
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 15:00:29(UTC+0)

How to buy Ethereum Classic

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

Ethereum Classic to Bulgarian Lev is rising this week.
Ethereum Classic's current market price is лв 50.59 per ETC, with a total market cap of лв 7,444,533,229.11 BGN based on a circulating supply of 147,145,300 ETC. The trading volume of Ethereum Classic has changed by +17.52% (лв 49,420,725.94 BGN) in the last 24 hours. Last trading day, ETC's trading volume was лв 282,041,523.41.
Market cap
$4.14B
24h volume
$184.22M
Circulating supply
147.15M ETC

Conversion tables

The exchange rate of Ethereum Classic is increasing.
1 ETC is currently valued at лв 50.59 BGN , which means buying 5 ETC will cost лв 252.97 BGN . Similarly, лв1 BGN can be traded for 0.01977 ETC, and лв50 BGN can be converted to 0.9883 ETC, excluding any platform or gas fees.
The exchange rate of 1 ETC to Bulgarian Lev has changed by +5.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.55%, reaching a high of 50.96 BGN and a low of 49.25 BGN . One month ago, the value of 1 ETC was лв 47.74 BGN , which represents a +5.97% change from its current value. Over the last year, Ethereum Classic has changed by
+лв
1.59BGN
, resulting in a change of +54.17% in its value.

ETC to BGN

Amount
15:30 today
0.5 ETC
лв25.3
1 ETC
лв50.59
5 ETC
лв252.97
10 ETC
лв505.93
50 ETC
лв2,529.65
100 ETC
лв5,059.31
500 ETC
лв25,296.54
1000 ETC
лв50,593.08

BGN to ETC

Amount15:30 today
0.5BGN0.009883  ETC
1BGN0.01977  ETC
5BGN0.09883  ETC
10BGN0.1977  ETC
50BGN0.9883  ETC
100BGN1.98  ETC
500BGN9.88  ETC
1000BGN19.77  ETC
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Today vs. 24 hours ago

Amount15:30 today24 hours ago24h change
0.5 ETC$14.06$13.84
+1.55%
1 ETC$28.12$27.69
+1.55%
5 ETC$140.59$138.44
+1.55%
10 ETC$281.18$276.89
+1.55%
50 ETC$1,405.91$1,384.43
+1.55%
100 ETC$2,811.82$2,768.86
+1.55%
500 ETC$14,059.1$13,844.28
+1.55%
1000 ETC$28,118.2$27,688.56
+1.55%

Today vs. 1 month ago

Amount15:30 today1 month ago1M change
0.5 ETC$14.06$13.27
+5.97%
1 ETC$28.12$26.53
+5.97%
5 ETC$140.59$132.67
+5.97%
10 ETC$281.18$265.33
+5.97%
50 ETC$1,405.91$1,326.66
+5.97%
100 ETC$2,811.82$2,653.32
+5.97%
500 ETC$14,059.1$13,266.58
+5.97%
1000 ETC$28,118.2$26,533.16
+5.97%
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Today vs. 1 year ago

Amount15:30 today1 year ago1Y change
0.5 ETC$14.06$9.12
+54.17%
1 ETC$28.12$18.23
+54.17%
5 ETC$140.59$91.17
+54.17%
10 ETC$281.18$182.33
+54.17%
50 ETC$1,405.91$911.65
+54.17%
100 ETC$2,811.82$1,823.31
+54.17%
500 ETC$14,059.1$9,116.54
+54.17%
1000 ETC$28,118.2$18,233.08
+54.17%

Ethereum Classic price prediction

What will the price of ETC be in 2025?

Based on ETC's historical price performance prediction model, the price of ETC is projected to reach $41.41 in 2025.

What will the price of ETC be in 2030?

In 2030, the ETC price is expected to rise by -15.00%. By the end of 2030, the ETC price is projected to reach $71.32, with a cumulative ROI of +153.63%.
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