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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.93%
New listings on Bitget: Pi Network
BTC/USDT$83571.86 (+1.97%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.93%
New listings on Bitget: Pi Network
BTC/USDT$83571.86 (+1.97%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$99.8M (1D); -$14.7M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
PROPS
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Propbase(PROPS) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 PROPS at a value of 1 PROPS for 0.04 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.
Bitget crypto-to-fiat exchange data shows that the most popular Propbase currency pair is the PROPS to BGN, with for Propbase's currency code being PROPS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.
PROPS to BGN conversion rate trend
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In the past 1D, Propbase has changed +3.37% to BGN. Based on the trend and price charts, Propbase(PROPS) has changed +3.37% to BGN while Bulgarian Lev(BGN) has changed % to PROPS in the last 24 hours.
PROPS to BGN market statistics
PROPS/BGN:
лв 0.04292
PROPS 24h volume:
лв 4,897,913.63
PROPS market cap:
лв 17,321,233.8
PROPS circulating supply:
403.55M PROPS
More info about Propbase on Bitget
Current PROPS to BGN exchange rate
Propbase to Bulgarian Lev is falling this week.Propbase's current market price is лв 0.04292 per PROPS, with a total market cap of лв 17,321,233.8 BGN based on a circulating supply of 403,551,550 PROPS. The trading volume of Propbase has changed by -2.12% (лв -105,987.63 BGN) in the last 24 hours. Last trading day, PROPS's trading volume was лв 5,003,901.27.
PROPS to BGN Conversion tables
The exchange rate of Propbase is decreasing.1 PROPS is currently valued at лв 0.04292 BGN , which means buying 5 PROPS will cost лв 0.2146 BGN . Similarly, лв1 BGN can be traded for 23.3 PROPS, and лв50 BGN can be converted to 1,164.9 PROPS, excluding any platform or gas fees.
The exchange rate of 1 PROPS to Bulgarian Lev has changed by -11.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.37%, reaching a high of 0.04397 BGN and a low of 0.04157 BGN . One month ago, the value of 1 PROPS was лв 0.05256 BGN , which represents a -18.34% change from its current value. Over the last year, Propbase has changed by , resulting in a change of -89.82% in its value.
-лв
0.3790BGNPROPS to BGN
Amount
17:06 today
0.5 PROPS
лв0.02146
1 PROPS
лв0.04292
5 PROPS
лв0.2146
10 PROPS
лв0.4292
50 PROPS
лв2.15
100 PROPS
лв4.29
500 PROPS
лв21.46
1000 PROPS
лв42.92
BGN to PROPS
Amount17:06 today
0.5BGN11.65 PROPS
1BGN23.3 PROPS
5BGN116.49 PROPS
10BGN232.98 PROPS
50BGN1,164.9 PROPS
100BGN2,329.81 PROPS
500BGN11,649.04 PROPS
1000BGN23,298.08 PROPS
PROPS to BGN Today vs. 24 hours ago
| Amount | 17:06 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PROPS | лв0.02146 | лв0.02076 | +3.37% |
| 1 PROPS | лв0.04292 | лв0.04152 | +3.37% |
| 5 PROPS | лв0.2146 | лв0.2076 | +3.37% |
| 10 PROPS | лв0.4292 | лв0.4152 | +3.37% |
| 50 PROPS | лв2.15 | лв2.08 | +3.37% |
| 100 PROPS | лв4.29 | лв4.15 | +3.37% |
| 500 PROPS | лв21.46 | лв20.76 | +3.37% |
| 1000 PROPS | лв42.92 | лв41.52 | +3.37% |
PROPS to BGN Today vs. 1 month ago
| Amount | 17:06 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PROPS | лв0.02146 | лв0.02628 | -18.34% |
| 1 PROPS | лв0.04292 | лв0.05256 | -18.34% |
| 5 PROPS | лв0.2146 | лв0.2628 | -18.34% |
| 10 PROPS | лв0.4292 | лв0.5256 | -18.34% |
| 50 PROPS | лв2.15 | лв2.63 | -18.34% |
| 100 PROPS | лв4.29 | лв5.26 | -18.34% |
| 500 PROPS | лв21.46 | лв26.28 | -18.34% |
| 1000 PROPS | лв42.92 | лв52.56 | -18.34% |
PROPS to BGN Today vs. 1 year ago
| Amount | 17:06 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PROPS | лв0.02146 | лв0.2110 | -89.82% |
| 1 PROPS | лв0.04292 | лв0.4219 | -89.82% |
| 5 PROPS | лв0.2146 | лв2.11 | -89.82% |
| 10 PROPS | лв0.4292 | лв4.22 | -89.82% |
| 50 PROPS | лв2.15 | лв21.1 | -89.82% |
| 100 PROPS | лв4.29 | лв42.19 | -89.82% |
| 500 PROPS | лв21.46 | лв210.96 | -89.82% |
| 1000 PROPS | лв42.92 | лв421.92 | -89.82% |
How to convert PROPS to BGN
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Convert PROPS to BGN
Use a variety of payment options to buy Propbase on Bitget. We'll show you how.
Learn MoreBuy PROPS (or USDT) for BGN (Bulgarian Lev) offers
Bitget P2P trading does not currently support direct buying of PROPS with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy PROPS with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell PROPS (or USDT) for BGN (Bulgarian Lev) offers
Bitget P2P trading currently does not support direct selling of PROPS to BGN. However, you can first exchange PROPS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of PROPS to BGN?
There are many factors that affect the relationship between Propbase and Bulgarian Lev, 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 PROPS/BGN. When there is positive news in the market about the widespread adoption of PROPS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PROPS/BGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PROPS/BGN.
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.
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 PROPS/BGN. 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 Propbase and adjust their investment strategies accordingly in the evolving market.
Propbase price prediction
What will the price of PROPS be in 2026?
Based on PROPS's historical price performance prediction model, the price of PROPS is projected to reach $0.02879 in 2026.
What will the price of PROPS be in 2031?
In 2031, the PROPS price is expected to change by -3.00%. By the end of 2031, the PROPS price is projected to reach $0.03861, with a cumulative ROI of +57.12%.
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Popular Propbase Converter
Check out these popular currency conversions of Propbase to several fiat currencies.
PROPS to TWD
1 PROPS to NT$ 0.8008 TWD
PROPS to CNY
1 PROPS to ¥ 0.1763 CNY
PROPS to USD
1 PROPS to $ 0.02417 USD
PROPS to EUR
1 PROPS to € 0.02197 EUR
PROPS to CAD
1 PROPS to $ 0.03439 CAD
PROPS to BGN
1 PROPS to лв 0.04292 BGN
PROPS to KRW
1 PROPS to ₩ 35.21 KRW
PROPS to JPY
1 PROPS to ¥ 3.52 JPY
PROPS to GBP
1 PROPS to £ 0.01866 GBP
PROPS to BRL
1 PROPS to R$ 0.1397 BRL
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1 FIL to лв 4.9 BGN
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1 ATOM to лв 8.89 BGN
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1 USUAL to лв 0.2360 BGN
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1 CRTS to лв 0.0005474 BGN
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1 AMP to лв 0.006488 BGN
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1 ZRO to лв 5.34 BGN
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1 VIDT to лв 0.04926 BGN
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1 BERA to лв 10.07 BGN
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1 CHEX to лв 0.3120 BGN
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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 Propbase 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 Propbase 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 Propbase 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.
