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BGL to USD Converter and calculator

BGL/USD: 1 BGL = 0.05915 USD. The price of converting 1 Bitgesell (BGL) to United States Dollar (USD) is 0.05915 USD today.
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BGL
USD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BGL to USD real-time exchange rates, making it easy to convert Bitgesell (BGL) to United States Dollar (USD). The conversion result is based on real-time data. The conversion result shows that 1 BGL is currently valued at 0.06 USD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BGL is currently valued at 0.06 USD, which means buying 5 BGL would cost 0.30 USD. Similarly, $1 USD can be converted to 16.91 BGL, and $50 USD can be converted to 84.53 BGL, excluding any platform or gas fees.

Convert BGL to USD

Convert USD to BGL

Bitgesell
United States Dollar
10000 BGL
591.49  USD
In the table above, you'll find a comprehensive BGL to USD converter that shows the value of Bitgesell in United States Dollar across commonly used conversion amounts. The list covers conversions from 1 BGL to USD, all the way up to 10000 BGL, providing a clear view of their respective values.
United States Dollar
Bitgesell
10000 USD
169,065.59 BGL
50000 USD
845,327.93 BGL
100000 USD
1,690,655.86 BGL
In the table above, you'll find a comprehensive USD to BGL converter that shows the value of United States Dollar in Bitgesell across commonly used conversion amounts. The list covers conversions from 1 USD to BGL, all the way up to 100000 USD, providing a clear view of their respective values.

BGL to USD chart

BGL/USD: 1 BGL = 0.05915 USD; 2025/04/27 00:25:37
In the past 1D, Bitgesell has changed -2.42% to USD. Based on the trend and price charts, Bitgesell(BGL) has changed -2.42% to USD while United States Dollar(USD) has changed % to BGL in the last 24 hours.
1D7D1M3M1YAll

BGL to USD conversion data: Volatility and price changes of Bitgesell in USD

The highest Bitgesell price in USD over the past 7 days was 0.06108 USD while the lowest Bitgesell price in USD over the past 7 days was 0.05303 USD. The relative change between the highs and lows in Bitgesell price in USD over the last 7 days indicates a volatility of %. You can view additional volatility data and BGL to USD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.06104 USD
0.06108 USD
0.06132 USD
0.07153 USD
Low
0.05777 USD
0.05303 USD
0.04191 USD
0.03182 USD
Average
0 USD
0 USD
0 USD
0 USD
Volatility
%
%
%
%
Change
-2.42%
+11.64%
+14.31%
+46.95%

Bitgesell information

BGL to USD market statistics

BGL/USD:
$0.05915
BGL 24h volume:
$5,737.5
BGL market cap:
$955,719.66
BGL circulating supply:
16.16M BGL

Current BGL to USD exchange rate

Bitgesell to United States Dollar is rising this week.
Bitgesell's current market price is $0.05915 per BGL, with a total market cap of $955,719.66 USD based on a circulating supply of 16,157,930 BGL. The trading volume of Bitgesell has changed by +124.06% ($3,176.77 USD) in the last 24 hours. Last trading day, BGL's trading volume was $2,560.73.

More info about Bitgesell on Bitget

United States Dollar information

About the United States Dollar (USD)

What Is the United States Dollar (USD)?

The United States Dollar (USD), designated by the ISO code USD and commonly abbreviated as US$, is the official currency of the United States of America. It is one of the most recognizable and influential currencies in the world. The USD is used within the United States and its official territories, such as Puerto Rico, Guam, America Samoa, U.S. Virgin Islands, and Northern Marina Islands. Additionally, eleven other countries have adopted the USD as their official currency, including Ecuador, El Salvador, Zimbabwe, Palau, Marshall Islands, Panama, the British Virgin Islands, Turks and Caicos, Timor-Leste, Micronesia, and Bonaire.

The issuance and regulation of the USD are the responsibilities of the Federal Reserve System, the central bank of the United States. The Federal Reserve, or "the Fed," manages the country's monetary policy and ensures the stability and integrity of the currency. The U.S. Department of the Treasury, through the Bureau of Engraving and Printing, is tasked with the printing of paper currency, while the United States Mint produces coinage.

What Is the History of USD?

The United States Dollar (USD) has a rich history that mirrors the evolution of the United States. Initially grappling with diverse foreign currencies post-independence, the need for a unified system led to the Continental Congress adopting the dollar as the national currency on July 6, 1785. The choice was influenced by the Spanish dollar's prominence in the Americas. The Coinage Act of 1792 further established this move, creating the U.S. Mint and defining the dollar's value in gold and silver, initiating the bimetallic standard which stabilized the nation's economy and laid the groundwork for future financial growth. The 20th century saw the USD's global influence surge, especially with the 1944 Bretton Woods Agreement that pegged global currencies to the dollar, then linked to gold, making it the principal reserve currency worldwide. This status evolved in 1971 when the USD shifted to a fiat currency, backed by the U.S. government trust and credit.

Notes and Coins of USD

The U.S. currently prints currencies in denominations of $1, $2, $5, $10, $20, $50, and $100. The printing of notes higher than $100 ceased in 1946, with circulation formally stopping in 1969. Modern U.S. currency notes have incorporated additional colors since 2004 for differentiation, and plans are underway to add improved tactile features for visually impaired citizens.

The U.S. Mint also produces coins in denominations of 1 cent (penny), 5 cents (nickel), 10 cents (dime), 25 cents (quarter), 50 cents (half dollar), and 1 dollar. These coins are used for everyday transactions and also include collectible and commemorative versions.

The World’s Reserve Currency

The U.S. dollar's ascension to the status of the world's reserve currency is rooted in a confluence of historical events and economic strategies. Emerging as a dominant economic power in the early 20th century, the United States solidified the dollar's position through the establishment of the Federal Reserve in 1913 and the accumulation of significant gold reserves during World War I. The pivotal Bretton Woods Agreement in 1944, where 44 Allied nations pegged their currencies to the dollar, marked a defining moment, effectively linking global finance and trade to the U.S. currency. This arrangement was underpinned by the strength and size of the U.S. economy and the dominance of its financial markets. In 2022, the dollar constituted 59% of all foreign bank reserves, reflecting its enduring global influence. Despite discussions on de-dollarization, the U.S. dollar remains the principal reserve currency, a testament to its continued centrality in the international economic system.

What Is the US Dollar Index (USDX)?

The US Dollar Index (USDX) is a vital financial tool that measures the value of the United States Dollar (USD) against a basket of foreign currencies. Established in 1973, the USDX was created in the wake of the Bretton Woods Agreement's collapse. The index includes a diverse mix of currencies, originally comprising 17 currencies from 17 countries. However, with the introduction of the Euro in 1999, the index was adjusted, and it now primarily tracks the USD against six major world currencies: the Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish Krona (SEK), and Swiss Franc (CHF).

What Is the Relationship Between USD and Gold?

Historically, the United States Dollar (USD) was closely tied to gold, operating under the gold standard system. This system, formalized in the early 20th century, pegged the value of the USD to a specific quantity of gold, offering stability and confidence in the currency's value. However, in 1971, this changed dramatically with the "Nixon Shock," which ended the convertibility of the USD into gold and shifted the currency to a fiat system. This move detached the USD's value from gold, making it subject to market forces and government policies.

Bitget crypto-to-fiat exchange data shows that the most popular Bitgesell currency pair is the BGL to USD, with for Bitgesell's currency code being BGL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for USD.

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BGL to USD Conversion tables

The exchange rate of Bitgesell is increasing.
The exchange rate of 1 BGL to United States Dollar has changed by +11.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.42%, reaching a high of 0.06104 USD and a low of 0.05777 USD . One month ago, the value of 1 BGL was $0.05175 USD , which represents a +14.31% change from its current value. Over the last year, Bitgesell has changed by
-$
0.1325USD
, resulting in a change of -69.14% in its value.
24 hours ago1 month ago1 year ago
Amount00:25 am today24 hours ago24h change
0.5 BGL$0.02957$0.03031
-2.42%
1 BGL$0.05915$0.06062
-2.42%
5 BGL$0.2957$0.3031
-2.42%
10 BGL$0.5915$0.6062
-2.42%
50 BGL$2.96$3.03
-2.42%
100 BGL$5.91$6.06
-2.42%
500 BGL$29.57$30.31
-2.42%
1000 BGL$59.15$60.62
-2.42%

BGL to USD FAQ

How much is 1 Bitgesell in USD?
Right now, the price of 1 Bitgesell (BGL) in United States Dollar (USD) is $0.05915.
How much BGL can I buy for 1 USD?
Based on the current exchange rate, you can get 16.91 BGL for 1 USD.
How do I calculate or convert BGL to USD?
You can use our BGL to USD calculator at the top of this page to convert any amount of BGL to USD. We've also included quick-reference tables for the most popular conversions. For example, 5 USD is equivalent to 84.53 BGL, while 5 BGL will cost around 0.2957USD.
What is the highest price of BGL/USD in history?
The all-time high price of 1 BGL in USD is $6.3. It remains to be seen if the value of 1 BGL/USD will exceed the current all-time high.
What is the price trend of Bitgesell in USD?
Over the past 7 days, the exchange rate of Bitgesell (BGL) has gone up by 11.64%.   Over the last month, the exchange rate of Bitgesell (BGL) has gone up by 14.31% against United States Dollar (USD).

What factors influence the conversion rate of BGL to USD?

There are many factors that affect the relationship between Bitgesell and United States Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of BGL/USD. When there is positive news in the market about the widespread adoption of BGL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BGL/USD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BGL/USD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of BGL/USD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Bitgesell and adjust their investment strategies accordingly in the evolving market.

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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.