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PONCHO to BGN Converter and calculator

PONCHO/BGN: 1 PONCHO = 0.05490 BGN. The price of converting 1 Poncho (PONCHO) to Bulgarian Lev (BGN) is 0.05490 BGN today.
PONCHO
PONCHO
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PONCHO to BGN real-time exchange rates, making it easy to convert Poncho (PONCHO) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 PONCHO is currently valued at 0.05490 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PONCHO is currently valued at 0.05490 BGN, which means buying 5 PONCHO would cost 0.2745 BGN. Similarly, лв1 BGN can be converted to 18.21 PONCHO, and лв50 BGN can be converted to 91.07 PONCHO, excluding any platform or gas fees.

Convert PONCHO to BGN

Convert BGN to PONCHO

Poncho
Bulgarian Lev
1 PONCHO
0.05490  BGN
10 PONCHO
0.5490  BGN
200 PONCHO
10.98  BGN
500 PONCHO
27.45  BGN
1000 PONCHO
54.9  BGN
5000 PONCHO
274.52  BGN
10000 PONCHO
549.04  BGN
In the table above, you'll find a comprehensive PONCHO to BGN converter that shows the value of Poncho in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 PONCHO to BGN, all the way up to 10000 PONCHO, providing a clear view of their respective values.
Bulgarian Lev
Poncho
100 BGN
1,821.36 PONCHO
200 BGN
3,642.73 PONCHO
500 BGN
9,106.82 PONCHO
1000 BGN
18,213.63 PONCHO
2000 BGN
36,427.27 PONCHO
5000 BGN
91,068.17 PONCHO
10000 BGN
182,136.34 PONCHO
50000 BGN
910,681.71 PONCHO
100000 BGN
1,821,363.42 PONCHO
In the table above, you'll find a comprehensive BGN to PONCHO converter that shows the value of Bulgarian Lev in Poncho across commonly used conversion amounts. The list covers conversions from 1 BGN to PONCHO, all the way up to 100000 BGN, providing a clear view of their respective values.

PONCHO to BGN chart

PONCHO/BGN: 1 PONCHO = 0.05490 BGN; 2025/06/22 16:19:09
In the past 1D, Poncho has changed -2.76% to BGN. Based on the trend and price charts, Poncho(PONCHO) has changed -2.76% to BGN while Bulgarian Lev(BGN) has changed % to PONCHO in the last 24 hours.
1D7D1M3M1YAll

PONCHO to BGN conversion data: Volatility and price changes of Poncho in BGN

The highest Poncho price in BGN over the past 7 days was 0.08784 BGN while the lowest Poncho price in BGN over the past 7 days was 0.06278 BGN. The relative change between the highs and lows in Poncho price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PONCHO 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
0.06649 BGN
0.08784 BGN
0.1224 BGN
0.1480 BGN
Low
0.06219 BGN
0.06278 BGN
0.06219 BGN
0.05308 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
-2.76%
-25.04%
-34.49%
-25.21%

Poncho information

PONCHO to BGN market statistics

PONCHO/BGN:
лв0.05490
PONCHO 24h volume:
лв3,851.59
PONCHO market cap:
--
PONCHO circulating supply:
0 PONCHO

Current PONCHO to BGN exchange rate

Poncho to Bulgarian Lev is falling this week.
Poncho's current market price is лв0.05490 per PONCHO, with a total market cap of лв0 BGN based on a circulating supply of -- PONCHO. The trading volume of Poncho has changed by 0.00% (лв0 BGN) in the last 24 hours. Last trading day, PONCHO's trading volume was лв3,851.59.

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

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How to convert PONCHO to BGN

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PONCHO to BGN Conversion tables

The exchange rate of Poncho is decreasing.
The exchange rate of 1 PONCHO to Bulgarian Lev has changed by -25.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.76%, reaching a high of 0.06649 BGN and a low of 0.06219 BGN . One month ago, the value of 1 PONCHO was лв0.08894 BGN , which represents a -34.49% change from its current value. Over the last year, Poncho has changed by
-лв
0.2537BGN
, resulting in a change of -79.69% in its value.
24 hours ago1 month ago1 year ago
Amount 16:19 today 24 hours ago 24h change
0.5 PONCHO
лв0.02745лв0.02837
-2.76%
1 PONCHO
лв0.05490лв0.05674
-2.76%
5 PONCHO
лв0.2745лв0.2837
-2.76%
10 PONCHO
лв0.5490лв0.5674
-2.76%
50 PONCHO
лв2.75лв2.84
-2.76%
100 PONCHO
лв5.49лв5.67
-2.76%
500 PONCHO
лв27.45лв28.37
-2.76%
1000 PONCHO
лв54.9лв56.74
-2.76%

PONCHO to BGN FAQ

How much is 1 Poncho in BGN?
Right now, the price of 1 Poncho (PONCHO) in Bulgarian Lev (BGN) is лв0.05490.
How much PONCHO can I buy for 1 BGN?
Based on the current exchange rate, you can get 18.21 PONCHO for 1 BGN.
How do I calculate or convert PONCHO to BGN?
You can use our PONCHO to BGN calculator at the top of this page to convert any amount of PONCHO to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 91.07 PONCHO, while 5 PONCHO will cost around 0.2745BGN.
What is the highest price of PONCHO/BGN in history?
The all-time high price of 1 PONCHO in BGN is лв0.9899. It remains to be seen if the value of 1 PONCHO/BGN will exceed the current all-time high.
What is the price trend of Poncho in BGN?
Over the past 7 days, the exchange rate of Poncho (PONCHO) has gone down by 25.04%.   Over the last month, the exchange rate of Poncho (PONCHO) has gone down by 34.49% against Bulgarian Lev (BGN).

What factors influence the conversion rate of PONCHO to BGN?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Poncho currency pairs: PONCHO to US Dollar (USD), PONCHO to Euro (EUR), PONCHO to Pound Sterling (GBP), PONCHO to Canadian Dollar (CAD), PONCHO to Indian Rupee (INR), PONCHO to Pakistani Rupee (PKR), PONCHO to Brazilian Real (BRL), PONCHO to…
The price of Poncho in the US is $0.03237 USD. Additionally, Poncho’s price is €0.02809 EUR in the eurozone, £0.02405 GBP in the UK, C$0.04445 CAD in Canada, ₹2.8 INR in India, ₨9.19 PKR in Pakistan, R$0.1784 BRL in Brazil, and more.
The most popular Poncho currency pair is the PONCHO to Bulgarian Lev(BGN). The price of 1 Poncho (PONCHO) in Bulgarian Lev (BGN) is лв0.05490.

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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.