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Farmer Friends to Bulgarian Lev Converter and calculator

Convert 1Farmer Friends (FRENS) to Bulgarian Lev (BGN) equals лв 0.{4}2041 | 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 Farmer Friends(FRENS) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 FRENS at a value of 1 FRENS for 0.00 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 Farmer Friends currency pair is the FRENS to BGN, with for Farmer Friends's currency code being FRENS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

FRENS to BGN conversion rate trend

1D7D1M3M1YAll
In the past 1D, Farmer Friends has changed -2.75% to BGN. Based on the trend and price charts, Farmer Friends(FRENS) has changed -2.75% to BGN while Bulgarian Lev(BGN) has changed % to FRENS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв0.{4}2041
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/21 16:35:13(UTC+0)

How to buy Farmer Friends

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Farmer Friends (FRENS)
Use a variety of payment options to buy Farmer Friends on Bitget. We'll show you how.

Buy FRENS (or USDT) for BGN (Bulgarian Lev) offers

Bitget P2P trading does not currently support direct buying of FRENS with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy FRENS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
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Sell FRENS (or USDT) for BGN (Bulgarian Lev) offers

Bitget P2P trading currently does not support direct selling of FRENS to BGN. However, you can first exchange FRENS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Farmer Friends to Bulgarian Lev?

Farmer Friends to Bulgarian Lev is rising this week.
Farmer Friends's current market price is лв 0.{4}2041 per FRENS, with a total market cap of лв 0 BGN based on a circulating supply of -- FRENS. The trading volume of Farmer Friends has changed by 0.00% (лв 0 BGN) in the last 24 hours. Last trading day, FRENS's trading volume was лв 0.
Market cap
$0
24h volume
$0
Circulating supply
0 FRENS

Conversion tables

The exchange rate of Farmer Friends is decreasing.
1 FRENS is currently valued at лв 0.{4}2041 BGN , which means buying 5 FRENS will cost лв 0.0001020 BGN . Similarly, лв1 BGN can be traded for 49,003.22 FRENS, and лв50 BGN can be converted to 2,450,161.18 FRENS, excluding any platform or gas fees.
The exchange rate of 1 FRENS to Bulgarian Lev has changed by +67.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.75%, reaching a high of 0.0002042 BGN and a low of 0.0001984 BGN . One month ago, the value of 1 FRENS was лв 0.001582 BGN , which represents a -88.73% change from its current value. Over the last year, Farmer Friends has changed by
+лв
0.0001984BGN
, resulting in a change of 0.00% in its value.

FRENS to BGN

Amount
19:06 today
0.5 FRENS
лв0.{4}1020
1 FRENS
лв0.{4}2041
5 FRENS
лв0.0001020
10 FRENS
лв0.0002041
50 FRENS
лв0.001020
100 FRENS
лв0.002041
500 FRENS
лв0.01020
1000 FRENS
лв0.02041

BGN to FRENS

Amount19:06 today
0.5BGN24,501.61  FRENS
1BGN49,003.22  FRENS
5BGN245,016.12  FRENS
10BGN490,032.24  FRENS
50BGN2,450,161.18  FRENS
100BGN4,900,322.36  FRENS
500BGN24,501,611.81  FRENS
1000BGN49,003,223.61  FRENS

Today vs. 24 hours ago

Amount19:06 today24 hours ago24h change
0.5 FRENS$0.{5}5495$0.{5}7009
-2.75%
1 FRENS$0.{4}1099$0.{4}1402
-2.75%
5 FRENS$0.{4}5495$0.{4}7009
-2.75%
10 FRENS$0.0001099$0.0001402
-2.75%
50 FRENS$0.0005495$0.0007009
-2.75%
100 FRENS$0.001099$0.001402
-2.75%
500 FRENS$0.005495$0.007009
-2.75%
1000 FRENS$0.01099$0.01402
-2.75%

Today vs. 1 month ago

Amount19:06 today1 month ago1M change
0.5 FRENS$0.{5}5495$0.0004261
-88.73%
1 FRENS$0.{4}1099$0.0008522
-88.73%
5 FRENS$0.{4}5495$0.004261
-88.73%
10 FRENS$0.0001099$0.008522
-88.73%
50 FRENS$0.0005495$0.04261
-88.73%
100 FRENS$0.001099$0.08522
-88.73%
500 FRENS$0.005495$0.4261
-88.73%
1000 FRENS$0.01099$0.8522
-88.73%

Today vs. 1 year ago

Amount19:06 today1 year ago1Y change
0.5 FRENS$0.{5}5495$-0.{4}4794
0.00%
1 FRENS$0.{4}1099$-0.{4}9589
0.00%
5 FRENS$0.{4}5495$-0.0004794
0.00%
10 FRENS$0.0001099$-0.0009589
0.00%
50 FRENS$0.0005495$-0.004794
0.00%
100 FRENS$0.001099$-0.009589
0.00%
500 FRENS$0.005495$-0.04794
0.00%
1000 FRENS$0.01099$-0.09589
0.00%

Farmer Friends price prediction

What will the price of FRENS be in 2025?

Based on FRENS's historical price performance prediction model, the price of FRENS is projected to reach $0.001352 in 2025.

What will the price of FRENS be in 2030?

In 2030, the FRENS price is expected to change by +10.00%. By the end of 2030, the FRENS price is projected to reach $0.003655, with a cumulative ROI of +33152.46%.

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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 Farmer Friends 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 Farmer Friends 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 Farmer Friends 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.
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.