Bitget converter provides PEN to BGN real-time exchange rates, making it easy to convert Pendulum (PEN) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 PEN is currently valued at 0.02 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

1 PEN is currently valued at 0.02 BGN, which means buying 5 PEN would cost 0.09 BGN. Similarly, лв1 BGN can be converted to 58.1 PEN, and лв50 BGN can be converted to 290.48 PEN, excluding any platform or gas fees.

Convert PEN to BGN

Convert BGN to PEN

Pendulum

Bulgarian Lev

1 PEN

0.01721 BGN

Exchange 1 PEN for 0.01721 BGN

2 PEN

0.03443 BGN

Exchange 2 PEN for 0.03443 BGN

5 PEN

0.08607 BGN

Exchange 5 PEN for 0.08607 BGN

10 PEN

0.1721 BGN

Exchange 10 PEN for 0.1721 BGN

20 PEN

0.3443 BGN

Exchange 20 PEN for 0.3443 BGN

50 PEN

0.8607 BGN

Exchange 50 PEN for 0.8607 BGN

100 PEN

1.72 BGN

Exchange 100 PEN for 1.72 BGN

200 PEN

3.44 BGN

Exchange 200 PEN for 3.44 BGN

500 PEN

8.61 BGN

Exchange 500 PEN for 8.61 BGN

1000 PEN

17.21 BGN

Exchange 1000 PEN for 17.21 BGN

5000 PEN

86.07 BGN

Exchange 5000 PEN for 86.07 BGN

10000 PEN

172.13 BGN

Exchange 10000 PEN for 172.13 BGN

In the table above, you'll find a comprehensive PEN to BGN converter that shows the value of Pendulum in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 PEN to BGN, all the way up to 10000 PEN, providing a clear view of their respective values.

Bulgarian Lev

Pendulum

1 BGN

58.1 PEN

Exchange 1 BGN for 58.1 PEN

10 BGN

580.95 PEN

Exchange 10 BGN for 580.95 PEN

50 BGN

2,904.76 PEN

Exchange 50 BGN for 2,904.76 PEN

100 BGN

5,809.51 PEN

Exchange 100 BGN for 5,809.51 PEN

200 BGN

11,619.03 PEN

Exchange 200 BGN for 11,619.03 PEN

500 BGN

29,047.57 PEN

Exchange 500 BGN for 29,047.57 PEN

1000 BGN

58,095.14 PEN

Exchange 1000 BGN for 58,095.14 PEN

2000 BGN

116,190.28 PEN

Exchange 2000 BGN for 116,190.28 PEN

5000 BGN

290,475.7 PEN

Exchange 5000 BGN for 290,475.7 PEN

10000 BGN

580,951.41 PEN

Exchange 10000 BGN for 580,951.41 PEN

50000 BGN

2,904,757.04 PEN

Exchange 50000 BGN for 2,904,757.04 PEN

100000 BGN

5,809,514.09 PEN

Exchange 100000 BGN for 5,809,514.09 PEN

In the table above, you'll find a comprehensive BGN to PEN converter that shows the value of Bulgarian Lev in Pendulum across commonly used conversion amounts. The list covers conversions from 1 BGN to PEN, all the way up to 100000 BGN, providing a clear view of their respective values.

PEN to BGN chart

PEN/BGN: 1 PEN = 0.01721 BGN; 2025/04/29 15:05:50

In the past 1D, Pendulum has changed +0.67% to BGN. Based on the trend and price charts, Pendulum(PEN) has changed +0.67% to BGN while Bulgarian Lev(BGN) has changed % to PEN in the last 24 hours.

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PEN to BGN conversion data: Volatility and price changes of Pendulum in BGN

The highest Pendulum price in BGN over the past 7 days was 0.01815 BGN while the lowest Pendulum price in BGN over the past 7 days was 0.01538 BGN. The relative change between the highs and lows in Pendulum price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PEN to BGN prices for the past 24 hours, 30 days, and 90 days in the table above.

	Last 24 hours	Last 7 days	Last 30 days	Last 90 days
High	0.01721 BGN	0.01815 BGN	0.02075 BGN	0.05215 BGN
Low	0.01644 BGN	0.01538 BGN	0.01459 BGN	0.01223 BGN
Average	0 BGN	0 BGN	0 BGN	0 BGN
Volatility	%	%	%	%
Change	+0.67%	+0.16%	-1.80%	-42.69%

Pendulum information

PEN to BGN market statistics

PEN/BGN:

лв0.01721

PEN 24h volume:

лв1,300.09

PEN market cap:

PEN circulating supply:

0 PEN

Current PEN to BGN exchange rate

Pendulum to Bulgarian Lev is rising this week.

Pendulum's current market price is лв0.01721 per PEN, with a total market cap of лв0 BGN based on a circulating supply of -- PEN. The trading volume of Pendulum has changed by -62.13% (лв-2,133.39 BGN) in the last 24 hours. Last trading day, PEN's trading volume was лв3,433.48.

More info about Pendulum on Bitget

Pendulum price Pendulum Price Prediction What is Pendulum (PEN)

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 Pendulum currency pair is the PEN to BGN, with for Pendulum's currency code being PEN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

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1 PEN to €0.008798 EUR

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1 PEN to лв0.01721 BGN

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PEN to BGN Conversion tables

The exchange rate of Pendulum is decreasing.

The exchange rate of 1 PEN to Bulgarian Lev has changed by +0.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.67%, reaching a high of 0.01721 BGN and a low of 0.01644 BGN . One month ago, the value of 1 PEN was лв0.01753 BGN , which represents a -1.80% change from its current value. Over the last year, Pendulum has changed by

-лв

0.09787BGN

, resulting in a change of -85.05% in its value.

24 hours ago1 month ago1 year ago

Amount	15:05 today	24 hours ago	24h change
0.5 PEN	лв0.008607	лв0.008549	+0.67%
1 PEN	лв0.01721	лв0.01710	+0.67%
5 PEN	лв0.08607	лв0.08549	+0.67%
10 PEN	лв0.1721	лв0.1710	+0.67%
50 PEN	лв0.8607	лв0.8549	+0.67%
100 PEN	лв1.72	лв1.71	+0.67%
500 PEN	лв8.61	лв8.55	+0.67%
1000 PEN	лв17.21	лв17.1	+0.67%

PEN to BGN FAQ

How much is 1 Pendulum in BGN?

Right now, the price of 1 Pendulum (PEN) in Bulgarian Lev (BGN) is лв0.01721.

How much PEN can I buy for 1 BGN?

Based on the current exchange rate, you can get 58.1 PEN for 1 BGN.

How do I calculate or convert PEN to BGN?

You can use our PEN to BGN calculator at the top of this page to convert any amount of PEN to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 290.48 PEN, while 5 PEN will cost around 0.08607BGN.

What is the highest price of PEN/BGN in history?

The all-time high price of 1 PEN in BGN is лв0.6003. It remains to be seen if the value of 1 PEN/BGN will exceed the current all-time high.

What is the price trend of Pendulum in BGN?

Over the past 7 days, the exchange rate of Pendulum (PEN) has gone up by 0.16%. Over the last month, the exchange rate of Pendulum (PEN) has gone down by 1.80% against Bulgarian Lev (BGN).

What factors influence the conversion rate of PEN to BGN?

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

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