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TRADE to BGN Converter and calculator

TRADE/BGN: 1 TRADE = 0.3467 BGN. The price of converting 1 Polytrade (TRADE) to Bulgarian Lev (BGN) is 0.3467 BGN today.
TRADE
TRADE
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides TRADE to BGN real-time exchange rates, making it easy to convert Polytrade (TRADE) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 TRADE is currently valued at 0.35 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 TRADE is currently valued at 0.35 BGN, which means buying 5 TRADE would cost 1.73 BGN. Similarly, лв1 BGN can be converted to 2.88 TRADE, and лв50 BGN can be converted to 14.42 TRADE, excluding any platform or gas fees.

Convert TRADE to BGN

Convert BGN to TRADE

Polytrade
Bulgarian Lev
500 TRADE
173.35  BGN
1000 TRADE
346.71  BGN
5000 TRADE
1,733.53  BGN
10000 TRADE
3,467.06  BGN
In the table above, you'll find a comprehensive TRADE to BGN converter that shows the value of Polytrade in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 TRADE to BGN, all the way up to 10000 TRADE, providing a clear view of their respective values.
Bulgarian Lev
Polytrade
1000 BGN
2,884.29 TRADE
2000 BGN
5,768.58 TRADE
5000 BGN
14,421.46 TRADE
10000 BGN
28,842.92 TRADE
50000 BGN
144,214.61 TRADE
100000 BGN
288,429.23 TRADE
In the table above, you'll find a comprehensive BGN to TRADE converter that shows the value of Bulgarian Lev in Polytrade across commonly used conversion amounts. The list covers conversions from 1 BGN to TRADE, all the way up to 100000 BGN, providing a clear view of their respective values.

TRADE to BGN chart

TRADE/BGN: 1 TRADE = 0.3467 BGN; 2025/04/27 18:17:46
In the past 1D, Polytrade has changed +5.49% to BGN. Based on the trend and price charts, Polytrade(TRADE) has changed +5.49% to BGN while Bulgarian Lev(BGN) has changed % to TRADE in the last 24 hours.
1D7D1M3M1YAll

TRADE to BGN conversion data: Volatility and price changes of Polytrade in BGN

The highest Polytrade price in BGN over the past 7 days was 0.3545 BGN while the lowest Polytrade price in BGN over the past 7 days was 0.2577 BGN. The relative change between the highs and lows in Polytrade price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and TRADE 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
0.3545 BGN
0.3545 BGN
0.3828 BGN
0.9529 BGN
Low
0.3262 BGN
0.2577 BGN
0.2296 BGN
0.2296 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
+5.49%
+27.83%
-2.21%
-61.87%

Polytrade information

TRADE to BGN market statistics

TRADE/BGN:
лв0.3467
TRADE 24h volume:
лв344,544.87
TRADE market cap:
лв14,315,079.81
TRADE circulating supply:
41.29M TRADE

Current TRADE to BGN exchange rate

Polytrade to Bulgarian Lev is rising this week.
Polytrade's current market price is лв0.3467 per TRADE, with a total market cap of лв14,315,079.81 BGN based on a circulating supply of 41,288,876 TRADE. The trading volume of Polytrade has changed by -13.77% (лв-55,015.46 BGN) in the last 24 hours. Last trading day, TRADE's trading volume was лв399,560.34.

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

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How to convert TRADE to BGN

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

The exchange rate of Polytrade is decreasing.
The exchange rate of 1 TRADE to Bulgarian Lev has changed by +27.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.49%, reaching a high of 0.3545 BGN and a low of 0.3262 BGN . One month ago, the value of 1 TRADE was лв0.3546 BGN , which represents a -2.21% change from its current value. Over the last year, Polytrade has changed by
-лв
2.04BGN
, resulting in a change of -85.47% in its value.
24 hours ago1 month ago1 year ago
Amount18:17 today24 hours ago24h change
0.5 TRADEлв0.1734лв0.1643
+5.49%
1 TRADEлв0.3467лв0.3287
+5.49%
5 TRADEлв1.73лв1.64
+5.49%
10 TRADEлв3.47лв3.29
+5.49%
50 TRADEлв17.34лв16.43
+5.49%
100 TRADEлв34.67лв32.87
+5.49%
500 TRADEлв173.35лв164.33
+5.49%
1000 TRADEлв346.71лв328.66
+5.49%

TRADE to BGN FAQ

How much is 1 Polytrade in BGN?
Right now, the price of 1 Polytrade (TRADE) in Bulgarian Lev (BGN) is лв0.3467.
How much TRADE can I buy for 1 BGN?
Based on the current exchange rate, you can get 2.88 TRADE for 1 BGN.
How do I calculate or convert TRADE to BGN?
You can use our TRADE to BGN calculator at the top of this page to convert any amount of TRADE to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 14.42 TRADE, while 5 TRADE will cost around 1.73BGN.
What is the highest price of TRADE/BGN in history?
The all-time high price of 1 TRADE in BGN is лв5.28. It remains to be seen if the value of 1 TRADE/BGN will exceed the current all-time high.
What is the price trend of Polytrade in BGN?
Over the past 7 days, the exchange rate of Polytrade (TRADE) has gone up by 27.83%.   Over the last month, the exchange rate of Polytrade (TRADE) has gone down by 2.21% against Bulgarian Lev (BGN).

What factors influence the conversion rate of TRADE to BGN?

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