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Olive oil to Bulgarian Lev (olive oil to BGN)

olive oil to BGN Converter and calculator

olive oil/BGN: 1 olive oil = 0.0002551 BGN. The price of converting 1 Olive oil (olive oil) to Bulgarian Lev (BGN) is 0.0002551 BGN today.
olive oil
olive oil
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides olive oil to BGN real-time exchange rates, making it easy to convert Olive oil (olive oil) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 olive oil is currently valued at 0.0002551 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 olive oil is currently valued at 0.0002551 BGN, which means buying 5 olive oil would cost 0.001276 BGN. Similarly, лв1 BGN can be converted to 3,919.61 olive oil, and лв50 BGN can be converted to 19,598.05 olive oil, excluding any platform or gas fees.

Convert olive oil to BGN

Convert BGN to olive oil

Olive oil
Bulgarian Lev
1 olive oil
0.0002551  BGN
Exchange 1 olive oil for 0.0002551 BGN
2 olive oil
0.0005103  BGN
Exchange 2 olive oil for 0.0005103 BGN
5 olive oil
0.001276  BGN
Exchange 5 olive oil for 0.001276 BGN
10 olive oil
0.002551  BGN
Exchange 10 olive oil for 0.002551 BGN
20 olive oil
0.005103  BGN
Exchange 20 olive oil for 0.005103 BGN
50 olive oil
0.01276  BGN
Exchange 50 olive oil for 0.01276 BGN
100 olive oil
0.02551  BGN
Exchange 100 olive oil for 0.02551 BGN
200 olive oil
0.05103  BGN
Exchange 200 olive oil for 0.05103 BGN
500 olive oil
0.1276  BGN
Exchange 500 olive oil for 0.1276 BGN
1000 olive oil
0.2551  BGN
Exchange 1000 olive oil for 0.2551 BGN
5000 olive oil
1.28  BGN
Exchange 5000 olive oil for 1.28 BGN
10000 olive oil
2.55  BGN
Exchange 10000 olive oil for 2.55 BGN
In the table above, you'll find a comprehensive olive oil to BGN converter that shows the value of Olive oil in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 olive oil to BGN, all the way up to 10000 olive oil, providing a clear view of their respective values.
Bulgarian Lev
Olive oil
1 BGN
3,919.61 olive oil
Exchange 1 BGN for 3,919.61 olive oil
10 BGN
39,196.09 olive oil
Exchange 10 BGN for 39,196.09 olive oil
50 BGN
195,980.46 olive oil
Exchange 50 BGN for 195,980.46 olive oil
100 BGN
391,960.91 olive oil
Exchange 100 BGN for 391,960.91 olive oil
200 BGN
783,921.83 olive oil
Exchange 200 BGN for 783,921.83 olive oil
500 BGN
1,959,804.57 olive oil
Exchange 500 BGN for 1,959,804.57 olive oil
1000 BGN
3,919,609.13 olive oil
Exchange 1000 BGN for 3,919,609.13 olive oil
2000 BGN
7,839,218.27 olive oil
Exchange 2000 BGN for 7,839,218.27 olive oil
5000 BGN
19,598,045.67 olive oil
Exchange 5000 BGN for 19,598,045.67 olive oil
10000 BGN
39,196,091.33 olive oil
Exchange 10000 BGN for 39,196,091.33 olive oil
50000 BGN
195,980,456.66 olive oil
Exchange 50000 BGN for 195,980,456.66 olive oil
100000 BGN
391,960,913.31 olive oil
Exchange 100000 BGN for 391,960,913.31 olive oil
In the table above, you'll find a comprehensive BGN to olive oil converter that shows the value of Bulgarian Lev in Olive oil across commonly used conversion amounts. The list covers conversions from 1 BGN to olive oil, all the way up to 100000 BGN, providing a clear view of their respective values.

olive oil to BGN chart

olive oil/BGN: 1 olive oil = 0.0002551 BGN; 2026/01/30 02:56:53
In the past 1D, Olive oil has changed -0.76% to BGN. Based on the trend and price charts, Olive oil(olive oil) has changed -0.76% to BGN while Bulgarian Lev(BGN) has changed % to olive oil in the last 24 hours.
1D7D1M3M1YAll

olive oil to BGN conversion data: Volatility and price changes of Olive oil in BGN

The highest Olive oil price in BGN over the past 7 days was -- BGN while the lowest Olive oil price in BGN over the past 7 days was -- BGN. The relative change between the highs and lows in Olive oil price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and olive oil 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
0.002842 BGN
-- BGN
-- BGN
-- BGN
Low
0.0002458 BGN
-- BGN
-- BGN
-- BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
-0.76%
--
--
--

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Bitget P2P trading does not currently support direct buying of olive oil with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy olive oil with USDT via Bitget spot market.
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Olive oil information

olive oil to BGN market statistics

olive oil/BGN:
лв0.0002551
olive oil 24h volume:
лв5,483,648.44
olive oil market cap:
лв255,115.81
olive oil circulating supply:
999.95M olive oil

Current olive oil to BGN exchange rate

Olive oil to Bulgarian Lev is falling this week.
Olive oil's current market price is лв0.0002551 per olive oil, with a total market cap of лв255,115.81 BGN based on a circulating supply of 999,954,240 olive oil. The trading volume of Olive oil has changed by --% (лв-- BGN) in the last 24 hours. Last trading day, olive oil's trading volume was лв--.

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

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olive oil to BGN Conversion tables

The exchange rate of Olive oil is decreasing.
The exchange rate of 1 olive oil to Bulgarian Lev has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.76%, reaching a high of 0.002842 BGN and a low of 0.0002458 BGN . One month ago, the value of 1 olive oil was лв-- BGN , which represents a --% change from its current value. Over the last year, Olive oil has changed by
-лв
--BGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 02:56 am today 24 hours ago 24h change
0.5 olive oil
лв0.0001276лв--
-0.76%
1 olive oil
лв0.0002551лв--
-0.76%
5 olive oil
лв0.001276лв--
-0.76%
10 olive oil
лв0.002551лв--
-0.76%
50 olive oil
лв0.01276лв--
-0.76%
100 olive oil
лв0.02551лв--
-0.76%
500 olive oil
лв0.1276лв--
-0.76%
1000 olive oil
лв0.2551лв--
-0.76%

olive oil to BGN FAQ

How much is 1 Olive oil in BGN?
Right now, the price of 1 Olive oil (olive oil) in Bulgarian Lev (BGN) is лв0.0002551.
How much olive oil can I buy for 1 BGN?
Based on the current exchange rate, you can get 3,919.61 olive oil for 1 BGN.
How do I calculate or convert olive oil to BGN?
You can use our olive oil to BGN calculator at the top of this page to convert any amount of olive oil to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 19,598.05 olive oil, while 5 olive oil will cost around 0.001276BGN.
What is the highest price of olive oil/BGN in history?
The all-time high price of 1 olive oil in BGN is --. It remains to be seen if the value of 1 olive oil/BGN will exceed the current all-time high.
What is the price trend of Olive oil in BGN?
Over the past 7 days, the exchange rate of Olive oil (olive oil) has gone down by --.   Over the last month, the exchange rate of Olive oil (olive oil) has gone down by -- against Bulgarian Lev (BGN).

What factors influence the conversion rate of olive oil to BGN?

There are many factors that affect the relationship between Olive oil 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 olive oil/BGN. When there is positive news in the market about the widespread adoption of olive oil or major technological breakthroughs, it tends to trigger market optimism and drive the rise of olive oil/BGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in olive oil/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 olive oil/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 Olive oil 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 Olive oil currency pairs: olive oil to US Dollar (USD), olive oil to Euro (EUR), olive oil to Pound Sterling (GBP), olive oil to Canadian Dollar (CAD), olive oil to Indian Rupee (INR), olive oil to Pakistani Rupee (PKR), olive oil to Brazilian Real (BRL), olive oil to…
The price of Olive oil in the US is $0.0001554 USD. Additionally, Olive oil’s price is €0.0001305 EUR in the eurozone, £0.0001130 GBP in the UK, C$0.0002105 CAD in Canada, ₹0.01429 INR in India, ₨0.04359 PKR in Pakistan, R$0.0008073 BRL in Brazil, and more.
The most popular Olive oil currency pair is the olive oil to Bulgarian Lev(BGN). The price of 1 Olive oil (olive oil) in Bulgarian Lev (BGN) is лв0.0002551.

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