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RAI to BGN Converter and calculator

RAI/BGN: 1 RAI = 3.99 BGN. The price of converting 1 Rai Reflex Index (RAI) to Bulgarian Lev (BGN) is 3.99 BGN today.
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RAI
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RAI to BGN real-time exchange rates, making it easy to convert Rai Reflex Index (RAI) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 RAI is currently valued at 3.99 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RAI is currently valued at 3.99 BGN, which means buying 5 RAI would cost 19.96 BGN. Similarly, лв1 BGN can be converted to 0.2504 RAI, and лв50 BGN can be converted to 1.25 RAI, excluding any platform or gas fees.

Convert RAI to BGN

Convert BGN to RAI

Rai Reflex Index
Bulgarian Lev
500 RAI
1,996.46  BGN
1000 RAI
3,992.93  BGN
5000 RAI
19,964.64  BGN
10000 RAI
39,929.29  BGN
In the table above, you'll find a comprehensive RAI to BGN converter that shows the value of Rai Reflex Index in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 RAI to BGN, all the way up to 10000 RAI, providing a clear view of their respective values.
Bulgarian Lev
Rai Reflex Index
50000 BGN
12,522.14 RAI
100000 BGN
25,044.27 RAI
In the table above, you'll find a comprehensive BGN to RAI converter that shows the value of Bulgarian Lev in Rai Reflex Index across commonly used conversion amounts. The list covers conversions from 1 BGN to RAI, all the way up to 100000 BGN, providing a clear view of their respective values.

RAI to BGN chart

RAI/BGN: 1 RAI = 3.99 BGN; 2025/04/29 13:29:32
In the past 1D, Rai Reflex Index has changed -13.10% to BGN. Based on the trend and price charts, Rai Reflex Index(RAI) has changed -13.10% to BGN while Bulgarian Lev(BGN) has changed % to RAI in the last 24 hours.
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RAI to BGN conversion data: Volatility and price changes of Rai Reflex Index in BGN

The highest Rai Reflex Index price in BGN over the past 7 days was 5.26 BGN while the lowest Rai Reflex Index price in BGN over the past 7 days was 3.98 BGN. The relative change between the highs and lows in Rai Reflex Index price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and RAI to BGN 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
4.59 BGN
5.26 BGN
6.06 BGN
6.06 BGN
Low
3.98 BGN
3.98 BGN
3.38 BGN
3.38 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
-13.10%
-21.43%
-21.88%
-22.28%

Rai Reflex Index information

RAI to BGN market statistics

RAI/BGN:
лв3.99
RAI 24h volume:
лв51,757.6
RAI market cap:
лв3,185,303.13
RAI circulating supply:
797.74K RAI

Current RAI to BGN exchange rate

Rai Reflex Index to Bulgarian Lev is falling this week.
Rai Reflex Index's current market price is лв3.99 per RAI, with a total market cap of лв3,185,303.13 BGN based on a circulating supply of 797,736 RAI. The trading volume of Rai Reflex Index has changed by +23.57% (лв9,871.74 BGN) in the last 24 hours. Last trading day, RAI's trading volume was лв41,885.86.

More info about Rai Reflex Index on Bitget

Bulgarian Lev 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 Rai Reflex Index currency pair is the RAI to BGN, with for Rai Reflex Index's currency code being RAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

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How to convert RAI to BGN

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Bitget P2P trading does not currently support direct buying of RAI with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy RAI with USDT via Bitget spot market.
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RAI to BGN Conversion tables

The exchange rate of Rai Reflex Index is decreasing.
The exchange rate of 1 RAI to Bulgarian Lev has changed by -21.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by -13.10%, reaching a high of 4.59 BGN and a low of 3.98 BGN . One month ago, the value of 1 RAI was лв5.11 BGN , which represents a -21.88% change from its current value. Over the last year, Rai Reflex Index has changed by
-лв
0.8102BGN
, resulting in a change of -16.84% in its value.
24 hours ago1 month ago1 year ago
Amount13:29 today24 hours ago24h change
0.5 RAIлв2лв2.3
-13.10%
1 RAIлв3.99лв4.6
-13.10%
5 RAIлв19.96лв22.98
-13.10%
10 RAIлв39.93лв45.96
-13.10%
50 RAIлв199.65лв229.81
-13.10%
100 RAIлв399.29лв459.62
-13.10%
500 RAIлв1,996.46лв2,298.09
-13.10%
1000 RAIлв3,992.93лв4,596.18
-13.10%

RAI to BGN FAQ

How much is 1 Rai Reflex Index in BGN?
Right now, the price of 1 Rai Reflex Index (RAI) in Bulgarian Lev (BGN) is лв3.99.
How much RAI can I buy for 1 BGN?
Based on the current exchange rate, you can get 0.2504 RAI for 1 BGN.
How do I calculate or convert RAI to BGN?
You can use our RAI to BGN calculator at the top of this page to convert any amount of RAI to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 1.25 RAI, while 5 RAI will cost around 19.96BGN.
What is the highest price of RAI/BGN in history?
The all-time high price of 1 RAI in BGN is лв7.2. It remains to be seen if the value of 1 RAI/BGN will exceed the current all-time high.
What is the price trend of Rai Reflex Index in BGN?
Over the past 7 days, the exchange rate of Rai Reflex Index (RAI) has gone down by 21.43%.   Over the last month, the exchange rate of Rai Reflex Index (RAI) has gone down by 21.88% against Bulgarian Lev (BGN).

What factors influence the conversion rate of RAI to BGN?

There are many factors that affect the relationship between Rai Reflex Index 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 RAI/BGN. When there is positive news in the market about the widespread adoption of RAI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RAI/BGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RAI/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.
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 RAI/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 Rai Reflex Index 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.