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Verum Coin to Bulgarian Lev Converter and calculator

Convert 1Verum Coin (VERUM) to Bulgarian Lev (BGN) equals лв 1,984.5 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Verum Coin(VERUM) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 VERUM at a value of 1 VERUM for 1,984.50 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Verum Coin currency pair is the VERUM to BGN, with for Verum Coin's currency code being VERUM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

VERUM to BGN conversion rate trend

1D7D1M3M1YAll
In the past 1D, Verum Coin has changed +0.16% to BGN. Based on the trend and price charts, Verum Coin(VERUM) has changed +0.16% to BGN while Bulgarian Lev(BGN) has changed % to VERUM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв1,928.03
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/23 16:30:17(UTC+0)

How to buy Verum Coin

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Verum Coin (VERUM)
Use a variety of payment options to buy Verum Coin on Bitget. We'll show you how.

Buy VERUM (or USDT) for BGN (Bulgarian Lev) offers

Bitget P2P trading does not currently support direct buying of VERUM with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy VERUM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell VERUM (or USDT) for BGN (Bulgarian Lev) offers

Bitget P2P trading currently does not support direct selling of VERUM to BGN. However, you can first exchange VERUM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Verum Coin to Bulgarian Lev?

Verum Coin to Bulgarian Lev is rising this week.
Verum Coin's current market price is лв 1,984.5 per VERUM, with a total market cap of лв 185,362,128.76 BGN based on a circulating supply of 93,405 VERUM. The trading volume of Verum Coin has changed by -77.18% (лв -2,631,707.66 BGN) in the last 24 hours. Last trading day, VERUM's trading volume was лв 3,409,945.99.
Market cap
$98.77M
24h volume
$414.68K
Circulating supply
93.41K VERUM

Conversion tables

The exchange rate of Verum Coin is increasing.
1 VERUM is currently valued at лв 1,984.5 BGN , which means buying 5 VERUM will cost лв 9,922.49 BGN . Similarly, лв1 BGN can be traded for 0.0005039 VERUM, and лв50 BGN can be converted to 0.02520 VERUM, excluding any platform or gas fees.
The exchange rate of 1 VERUM to Bulgarian Lev has changed by +16.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.16%, reaching a high of 2,018.14 BGN and a low of 1,901.34 BGN . One month ago, the value of 1 VERUM was лв 1,511.62 BGN , which represents a +31.47% change from its current value. Over the last year, Verum Coin has changed by
+лв
99.05BGN
, resulting in a change of +505.67% in its value.

VERUM to BGN

Amount
23:13 today
0.5 VERUM
лв992.25
1 VERUM
лв1,984.5
5 VERUM
лв9,922.49
10 VERUM
лв19,844.99
50 VERUM
лв99,224.95
100 VERUM
лв198,449.9
500 VERUM
лв992,249.48
1000 VERUM
лв1,984,498.96

BGN to VERUM

Amount23:13 today
0.5BGN0.0002520  VERUM
1BGN0.0005039  VERUM
5BGN0.002520  VERUM
10BGN0.005039  VERUM
50BGN0.02520  VERUM
100BGN0.05039  VERUM
500BGN0.2520  VERUM
1000BGN0.5039  VERUM

Today vs. 24 hours ago

Amount23:13 today24 hours ago24h change
0.5 VERUM$528.72$527.86
+0.16%
1 VERUM$1,057.44$1,055.72
+0.16%
5 VERUM$5,287.2$5,278.62
+0.16%
10 VERUM$10,574.41$10,557.25
+0.16%
50 VERUM$52,872.04$52,786.24
+0.16%
100 VERUM$105,744.07$105,572.49
+0.16%
500 VERUM$528,720.35$527,862.45
+0.16%
1000 VERUM$1,057,440.7$1,055,724.9
+0.16%

Today vs. 1 month ago

Amount23:13 today1 month ago1M change
0.5 VERUM$528.72$402.73
+31.47%
1 VERUM$1,057.44$805.47
+31.47%
5 VERUM$5,287.2$4,027.33
+31.47%
10 VERUM$10,574.41$8,054.65
+31.47%
50 VERUM$52,872.04$40,273.26
+31.47%
100 VERUM$105,744.07$80,546.51
+31.47%
500 VERUM$528,720.35$402,732.58
+31.47%
1000 VERUM$1,057,440.7$805,465.15
+31.47%

Today vs. 1 year ago

Amount23:13 today1 year ago1Y change
0.5 VERUM$528.72$2.33
+505.67%
1 VERUM$1,057.44$4.66
+505.67%
5 VERUM$5,287.2$23.3
+505.67%
10 VERUM$10,574.41$46.6
+505.67%
50 VERUM$52,872.04$232.99
+505.67%
100 VERUM$105,744.07$465.98
+505.67%
500 VERUM$528,720.35$2,329.89
+505.67%
1000 VERUM$1,057,440.7$4,659.79
+505.67%

Verum Coin price prediction

What will the price of VERUM be in 2025?

Based on VERUM's historical price performance prediction model, the price of VERUM is projected to reach $1,118.08 in 2025.

What will the price of VERUM be in 2030?

In 2030, the VERUM price is expected to change by -13.00%. By the end of 2030, the VERUM price is projected to reach $1,208.77, with a cumulative ROI of +34.36%.

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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 Verum Coin 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 Verum Coin 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 Verum Coin 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.