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base info Oraichain

Oraichain to Bulgarian Lev Converter and calculator

Convert 1Oraichain (ORAI) to Bulgarian Lev (BGN) equals лв 22.76 | 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 Oraichain(ORAI) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 ORAI at a value of 1 ORAI for 22.76 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 Oraichain currency pair is the ORAI to BGN, with for Oraichain's currency code being ORAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

ORAI to BGN conversion rate trend

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In the past 1D, Oraichain has changed -2.67% to BGN. Based on the trend and price charts, Oraichain(ORAI) has changed -2.67% to BGN while Bulgarian Lev(BGN) has changed % to ORAI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв22.85
0.0001% / 0.0004%vip-iconVIP
Gate.io
лв22.77
0.1000% / 0.1000%
Yes
KuCoin
лв22.75
0.1000% / 0.1000%
Yes
Last updated 2024/06/03 00:00:27(UTC+0)

How to buy Oraichain

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

Oraichain to Bulgarian Lev is falling this week.
Oraichain's current market price is лв 22.76 per ORAI, with a total market cap of лв 289,176,806.52 BGN based on a circulating supply of 12,706,080 ORAI. The trading volume of Oraichain has changed by -41.60% (лв -2,551,002.49 BGN) in the last 24 hours. Last trading day, ORAI's trading volume was лв 6,132,748.25.
Market cap
$160.45M
24h volume
$1.99M
Circulating supply
12.71M ORAI

Conversion tables

The exchange rate of Oraichain is increasing.
1 ORAI is currently valued at лв 22.76 BGN , which means buying 5 ORAI will cost лв 113.79 BGN . Similarly, лв1 BGN can be traded for 0.04394 ORAI, and лв50 BGN can be converted to 2.2 ORAI, excluding any platform or gas fees.
The exchange rate of 1 ORAI to Bulgarian Lev has changed by -12.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.67%, reaching a high of 23.71 BGN and a low of 22.72 BGN . One month ago, the value of 1 ORAI was лв 18.22 BGN , which represents a +24.90% change from its current value. Over the last year, Oraichain has changed by
+лв
0.5676BGN
, resulting in a change of +281.08% in its value.

ORAI to BGN

Amount
00:30 am today
0.5 ORAI
лв11.38
1 ORAI
лв22.76
5 ORAI
лв113.79
10 ORAI
лв227.59
50 ORAI
лв1,137.95
100 ORAI
лв2,275.89
500 ORAI
лв11,379.47
1000 ORAI
лв22,758.93

BGN to ORAI

Amount00:30 am today
0.5BGN0.02197  ORAI
1BGN0.04394  ORAI
5BGN0.2197  ORAI
10BGN0.4394  ORAI
50BGN2.2  ORAI
100BGN4.39  ORAI
500BGN21.97  ORAI
1000BGN43.94  ORAI
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Today vs. 24 hours ago

Amount00:30 am today24 hours ago24h change
0.5 ORAI$6.31$6.49
-2.67%
1 ORAI$12.63$12.97
-2.67%
5 ORAI$63.14$64.87
-2.67%
10 ORAI$126.28$129.74
-2.67%
50 ORAI$631.39$648.69
-2.67%
100 ORAI$1,262.77$1,297.38
-2.67%
500 ORAI$6,313.86$6,486.9
-2.67%
1000 ORAI$12,627.72$12,973.81
-2.67%

Today vs. 1 month ago

Amount00:30 am today1 month ago1M change
0.5 ORAI$6.31$5.06
+24.90%
1 ORAI$12.63$10.11
+24.90%
5 ORAI$63.14$50.55
+24.90%
10 ORAI$126.28$101.1
+24.90%
50 ORAI$631.39$505.52
+24.90%
100 ORAI$1,262.77$1,011.04
+24.90%
500 ORAI$6,313.86$5,055.18
+24.90%
1000 ORAI$12,627.72$10,110.35
+24.90%
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Today vs. 1 year ago

Amount00:30 am today1 year ago1Y change
0.5 ORAI$6.31$1.66
+281.08%
1 ORAI$12.63$3.31
+281.08%
5 ORAI$63.14$16.56
+281.08%
10 ORAI$126.28$33.13
+281.08%
50 ORAI$631.39$165.64
+281.08%
100 ORAI$1,262.77$331.28
+281.08%
500 ORAI$6,313.86$1,656.39
+281.08%
1000 ORAI$12,627.72$3,312.78
+281.08%

Oraichain price prediction

What will the price of ORAI be in 2025?

Based on ORAI's historical price performance prediction model, the price of ORAI is projected to reach $17.41 in 2025.

What will the price of ORAI be in 2030?

In 2030, the ORAI price is expected to rise by -6.00%. By the end of 2030, the ORAI price is projected to reach $19.84, with a cumulative ROI of +57.11%.
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Oraichain and BGN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Oraichain and BGN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Oraichain in BGN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.