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MLT to BGN Converter and calculator

MLT/BGN: 1 MLT = 0.01195 BGN. The price of converting 1 MILC Platform (MLT) to Bulgarian Lev (BGN) is 0.01195 BGN today.
MLT
MLT
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MLT to BGN real-time exchange rates, making it easy to convert MILC Platform (MLT) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 MLT is currently valued at 0.01 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MLT is currently valued at 0.01 BGN, which means buying 5 MLT would cost 0.06 BGN. Similarly, лв1 BGN can be converted to 83.65 MLT, and лв50 BGN can be converted to 418.27 MLT, excluding any platform or gas fees.

Convert MLT to BGN

Convert BGN to MLT

MILC Platform
Bulgarian Lev
10000 MLT
119.54  BGN
In the table above, you'll find a comprehensive MLT to BGN converter that shows the value of MILC Platform in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 MLT to BGN, all the way up to 10000 MLT, providing a clear view of their respective values.
Bulgarian Lev
MILC Platform
2000 BGN
167,309.48 MLT
10000 BGN
836,547.39 MLT
50000 BGN
4,182,736.96 MLT
100000 BGN
8,365,473.93 MLT
In the table above, you'll find a comprehensive BGN to MLT converter that shows the value of Bulgarian Lev in MILC Platform across commonly used conversion amounts. The list covers conversions from 1 BGN to MLT, all the way up to 100000 BGN, providing a clear view of their respective values.

MLT to BGN chart

MLT/BGN: 1 MLT = 0.01195 BGN; 2025/04/29 08:18:15
In the past 1D, MILC Platform has changed +0.48% to BGN. Based on the trend and price charts, MILC Platform(MLT) has changed +0.48% to BGN while Bulgarian Lev(BGN) has changed % to MLT in the last 24 hours.
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MLT to BGN conversion data: Volatility and price changes of MILC Platform in BGN

The highest MILC Platform price in BGN over the past 7 days was 0.01215 BGN while the lowest MILC Platform price in BGN over the past 7 days was 0.01147 BGN. The relative change between the highs and lows in MILC Platform price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MLT 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
0.01205 BGN
0.01215 BGN
0.01495 BGN
0.03361 BGN
Low
0.01176 BGN
0.01147 BGN
0.009570 BGN
0.009570 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
+0.48%
+7.65%
-20.38%
-63.59%

MILC Platform information

MLT to BGN market statistics

MLT/BGN:
лв0.01195
MLT 24h volume:
лв48,744.18
MLT market cap:
лв1,487,345.05
MLT circulating supply:
124.42M MLT

Current MLT to BGN exchange rate

MILC Platform to Bulgarian Lev is rising this week.
MILC Platform's current market price is лв0.01195 per MLT, with a total market cap of лв1,487,345.05 BGN based on a circulating supply of 124,423,464 MLT. The trading volume of MILC Platform has changed by -1.95% (лв-967.94 BGN) in the last 24 hours. Last trading day, MLT's trading volume was лв49,712.13.

More info about MILC Platform 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 MILC Platform currency pair is the MLT to BGN, with for MILC Platform's currency code being MLT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

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How to convert MLT to BGN

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Buy MLT (or USDT) for BGN (Bulgarian Lev) offers
Bitget P2P trading does not currently support direct buying of MLT with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy MLT with USDT via Bitget spot market.
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1 MLT to лв0.01195 BGN
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MLT to BGN Conversion tables

The exchange rate of MILC Platform is decreasing.
The exchange rate of 1 MLT to Bulgarian Lev has changed by +7.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.48%, reaching a high of 0.01205 BGN and a low of 0.01176 BGN . One month ago, the value of 1 MLT was лв0.01501 BGN , which represents a -20.38% change from its current value. Over the last year, MILC Platform has changed by
-лв
0.1899BGN
, resulting in a change of -94.08% in its value.
24 hours ago1 month ago1 year ago
Amount08:18 am today24 hours ago24h change
0.5 MLTлв0.005977лв0.005948
+0.48%
1 MLTлв0.01195лв0.01190
+0.48%
5 MLTлв0.05977лв0.05948
+0.48%
10 MLTлв0.1195лв0.1190
+0.48%
50 MLTлв0.5977лв0.5948
+0.48%
100 MLTлв1.2лв1.19
+0.48%
500 MLTлв5.98лв5.95
+0.48%
1000 MLTлв11.95лв11.9
+0.48%

MLT to BGN FAQ

How much is 1 MILC Platform in BGN?
Right now, the price of 1 MILC Platform (MLT) in Bulgarian Lev (BGN) is лв0.01195.
How much MLT can I buy for 1 BGN?
Based on the current exchange rate, you can get 83.65 MLT for 1 BGN.
How do I calculate or convert MLT to BGN?
You can use our MLT to BGN calculator at the top of this page to convert any amount of MLT to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 418.27 MLT, while 5 MLT will cost around 0.05977BGN.
What is the highest price of MLT/BGN in history?
The all-time high price of 1 MLT in BGN is лв1.86. It remains to be seen if the value of 1 MLT/BGN will exceed the current all-time high.
What is the price trend of MILC Platform in BGN?
Over the past 7 days, the exchange rate of MILC Platform (MLT) has gone up by 7.65%.   Over the last month, the exchange rate of MILC Platform (MLT) has gone down by 20.38% against Bulgarian Lev (BGN).

What factors influence the conversion rate of MLT to BGN?

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