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EFX to BGN Converter and calculator

EFX/BGN: 1 EFX = 0.0002386 BGN. The price of converting 1 Effect AI (old) (EFX) to Bulgarian Lev (BGN) is 0.0002386 BGN today.
EFX
EFX
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides EFX to BGN real-time exchange rates, making it easy to convert Effect AI (old) (EFX) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 EFX is currently valued at 0.00 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 EFX is currently valued at 0.00 BGN, which means buying 5 EFX would cost 0.00 BGN. Similarly, лв1 BGN can be converted to 4,190.37 EFX, and лв50 BGN can be converted to 20,951.87 EFX, excluding any platform or gas fees.

Convert EFX to BGN

Convert BGN to EFX

Effect AI (old)
Bulgarian Lev
In the table above, you'll find a comprehensive EFX to BGN converter that shows the value of Effect AI (old) in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 EFX to BGN, all the way up to 10000 EFX, providing a clear view of their respective values.
Bulgarian Lev
Effect AI (old)
500 BGN
2,095,187.42 EFX
1000 BGN
4,190,374.84 EFX
2000 BGN
8,380,749.68 EFX
5000 BGN
20,951,874.19 EFX
10000 BGN
41,903,748.38 EFX
50000 BGN
209,518,741.9 EFX
100000 BGN
419,037,483.81 EFX
In the table above, you'll find a comprehensive BGN to EFX converter that shows the value of Bulgarian Lev in Effect AI (old) across commonly used conversion amounts. The list covers conversions from 1 BGN to EFX, all the way up to 100000 BGN, providing a clear view of their respective values.

EFX to BGN chart

EFX/BGN: 1 EFX = 0.0002386 BGN; 2025/05/06 03:05:10
In the past 1D, Effect AI (old) has changed -2.44% to BGN. Based on the trend and price charts, Effect AI (old)(EFX) has changed -2.44% to BGN while Bulgarian Lev(BGN) has changed % to EFX in the last 24 hours.
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EFX to BGN conversion data: Volatility and price changes of Effect AI (old) in BGN

The highest Effect AI (old) price in BGN over the past 7 days was 0.0002620 BGN while the lowest Effect AI (old) price in BGN over the past 7 days was 0.0002380 BGN. The relative change between the highs and lows in Effect AI (old) price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and EFX 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
0.0002446 BGN
0.0002620 BGN
0.006755 BGN
0.01009 BGN
Low
0.0002352 BGN
0.0002380 BGN
0.0002330 BGN
0.0002330 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
-2.44%
-81.94%
-34.14%
-68.22%

Effect AI (old) information

EFX to BGN market statistics

EFX/BGN:
лв0.0002386
EFX 24h volume:
--
EFX market cap:
лв60,178.04
EFX circulating supply:
252.17M EFX

Current EFX to BGN exchange rate

Effect AI (old) to Bulgarian Lev is falling this week.
Effect AI (old)'s current market price is лв0.0002386 per EFX, with a total market cap of лв60,178.04 BGN based on a circulating supply of 252,168,530 EFX. The trading volume of Effect AI (old) has changed by -100.00% (лв-- BGN) in the last 24 hours. Last trading day, EFX's trading volume was лв--.

More info about Effect AI (old) 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 Effect AI (old) currency pair is the EFX to BGN, with for Effect AI (old)'s currency code being EFX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

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How to convert EFX to BGN

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1 EFX to лв0.0002386 BGN
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EFX to BGN Conversion tables

The exchange rate of Effect AI (old) is decreasing.
The exchange rate of 1 EFX to Bulgarian Lev has changed by -81.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.44%, reaching a high of 0.0002446 BGN and a low of 0.0002352 BGN . One month ago, the value of 1 EFX was лв0.0003623 BGN , which represents a -34.14% change from its current value. Over the last year, Effect AI (old) has changed by
-лв
0.04133BGN
, resulting in a change of -99.43% in its value.
24 hours ago1 month ago1 year ago
Amount03:05 am today24 hours ago24h change
0.5 EFXлв0.0001193лв0.0001223
-2.44%
1 EFXлв0.0002386лв0.0002446
-2.44%
5 EFXлв0.001193лв0.001223
-2.44%
10 EFXлв0.002386лв0.002446
-2.44%
50 EFXлв0.01193лв0.01223
-2.44%
100 EFXлв0.02386лв0.02446
-2.44%
500 EFXлв0.1193лв0.1223
-2.44%
1000 EFXлв0.2386лв0.2446
-2.44%

EFX to BGN FAQ

How much is 1 Effect AI (old) in BGN?
Right now, the price of 1 Effect AI (old) (EFX) in Bulgarian Lev (BGN) is лв0.0002386.
How much EFX can I buy for 1 BGN?
Based on the current exchange rate, you can get 4,190.37 EFX for 1 BGN.
How do I calculate or convert EFX to BGN?
You can use our EFX to BGN calculator at the top of this page to convert any amount of EFX to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 20,951.87 EFX, while 5 EFX will cost around 0.001193BGN.
What is the highest price of EFX/BGN in history?
The all-time high price of 1 EFX in BGN is лв0.3091. It remains to be seen if the value of 1 EFX/BGN will exceed the current all-time high.
What is the price trend of Effect AI (old) in BGN?
Over the past 7 days, the exchange rate of Effect AI (old) (EFX) has gone down by 81.94%.   Over the last month, the exchange rate of Effect AI (old) (EFX) has gone down by 34.14% against Bulgarian Lev (BGN).

What factors influence the conversion rate of EFX to BGN?

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