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base info TRON

TRON to Bulgarian Lev Converter and calculator

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

TRX to BGN conversion rate trend

1D7D1M3M1YAll
In the past 1D, TRON has changed +0.77% to BGN. Based on the trend and price charts, TRON(TRX) has changed +0.77% to BGN while Bulgarian Lev(BGN) has changed % to TRX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв0.2193
0.0001% / 0.0004%vip-iconVIP
Binance
лв0.2194
0.1000% / 0.1000%
Yes
OKX
лв0.2194
0.080% / 0.100%
Yes
Huobi
лв0.2194
0.1000% / 0.1000%
Yes
Gate.io
лв0.2194
0.1000% / 0.1000%
Yes
Bybit
лв0.2194
0.1000% / 0.1000%
Yes
KuCoin
лв0.2195
0.1000% / 0.1000%
Yes
Bitfinex
лв0.2193
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 14:00:17(UTC+0)

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

TRON to Bulgarian Lev is falling this week.
TRON's current market price is лв 0.2192 per TRX, with a total market cap of лв 19,167,022,744.88 BGN based on a circulating supply of 87,437,885,000 TRX. The trading volume of TRON has changed by -2.93% (лв -11,492,979.26 BGN) in the last 24 hours. Last trading day, TRX's trading volume was лв 392,882,072.41.
Market cap
$10.65B
24h volume
$211.97M
Circulating supply
87.44B TRX

Conversion tables

The exchange rate of TRON is increasing.
1 TRX is currently valued at лв 0.2192 BGN , which means buying 5 TRX will cost лв 1.1 BGN . Similarly, лв1 BGN can be traded for 4.56 TRX, and лв50 BGN can be converted to 228.09 TRX, excluding any platform or gas fees.
The exchange rate of 1 TRX to Bulgarian Lev has changed by -3.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.77%, reaching a high of 0.2198 BGN and a low of 0.2175 BGN . One month ago, the value of 1 TRX was лв 0.1974 BGN , which represents a +11.04% change from its current value. Over the last year, TRON has changed by
+лв
0.08363BGN
, resulting in a change of +61.69% in its value.

TRX to BGN

Amount
14:23 today
0.5 TRX
лв0.1096
1 TRX
лв0.2192
5 TRX
лв1.1
10 TRX
лв2.19
50 TRX
лв10.96
100 TRX
лв21.92
500 TRX
лв109.6
1000 TRX
лв219.21

BGN to TRX

Amount14:23 today
0.5BGN2.28  TRX
1BGN4.56  TRX
5BGN22.81  TRX
10BGN45.62  TRX
50BGN228.09  TRX
100BGN456.19  TRX
500BGN2,280.95  TRX
1000BGN4,561.89  TRX
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Today vs. 24 hours ago

Amount14:23 today24 hours ago24h change
0.5 TRX$0.06091$0.06045
+0.77%
1 TRX$0.1218$0.1209
+0.77%
5 TRX$0.6091$0.6045
+0.77%
10 TRX$1.22$1.21
+0.77%
50 TRX$6.09$6.04
+0.77%
100 TRX$12.18$12.09
+0.77%
500 TRX$60.91$60.45
+0.77%
1000 TRX$121.83$120.89
+0.77%

Today vs. 1 month ago

Amount14:23 today1 month ago1M change
0.5 TRX$0.06091$0.05486
+11.04%
1 TRX$0.1218$0.1097
+11.04%
5 TRX$0.6091$0.5486
+11.04%
10 TRX$1.22$1.1
+11.04%
50 TRX$6.09$5.49
+11.04%
100 TRX$12.18$10.97
+11.04%
500 TRX$60.91$54.86
+11.04%
1000 TRX$121.83$109.72
+11.04%
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Today vs. 1 year ago

Amount14:23 today1 year ago1Y change
0.5 TRX$0.06091$0.03768
+61.69%
1 TRX$0.1218$0.07535
+61.69%
5 TRX$0.6091$0.3768
+61.69%
10 TRX$1.22$0.7535
+61.69%
50 TRX$6.09$3.77
+61.69%
100 TRX$12.18$7.54
+61.69%
500 TRX$60.91$37.68
+61.69%
1000 TRX$121.83$75.35
+61.69%

TRON price prediction

What will the price of TRX be in 2025?

Based on TRX's historical price performance prediction model, the price of TRX is projected to reach $0.1346 in 2025.

What will the price of TRX be in 2030?

In 2030, the TRX price is expected to rise by +1.00%. By the end of 2030, the TRX price is projected to reach $0.2291, with a cumulative ROI of +88.01%.
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