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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.54%
New listings on Bitget: Pi Network
BTC/USDT$79268.61 (+1.93%)Fear and Greed Index39(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$127.2M (1D); -$661.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.54%
New listings on Bitget: Pi Network
BTC/USDT$79268.61 (+1.93%)Fear and Greed Index39(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$127.2M (1D); -$661.8M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
HIT
BYN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of HitBTC Token(HIT) to Bulgarian Lev(BYN). This is the real-time data. The current conversion shows 1 HIT at a value of 1 HIT for 0.58 BYN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
BYN 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 HitBTC Token currency pair is the HIT to BYN, with for HitBTC Token's currency code being HIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BYN.
HIT to BYN conversion rate trend
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In the past 1D, HitBTC Token has changed +0.04% to BYN. Based on the trend and price charts, HitBTC Token(HIT) has changed +0.04% to BYN while Bulgarian Lev(BYN) has changed % to HIT in the last 24 hours.
HIT to BYN market statistics
HIT/BYN:
Br 0.5753
HIT 24h volume:
Br 2,441,175.51
HIT market cap:
--
HIT circulating supply:
0 HIT
More info about HitBTC Token on Bitget
Current HIT to BYN exchange rate
HitBTC Token to Bulgarian Lev is falling this week.HitBTC Token's current market price is Br 0.5753 per HIT, with a total market cap of Br 0 BYN based on a circulating supply of -- HIT. The trading volume of HitBTC Token has changed by +11.85% (Br 258,582.68 BYN) in the last 24 hours. Last trading day, HIT's trading volume was Br 2,182,592.82.
HIT to BYN Conversion tables
The exchange rate of HitBTC Token is decreasing.1 HIT is currently valued at Br 0.5753 BYN , which means buying 5 HIT will cost Br 2.88 BYN . Similarly, Br1 BYN can be traded for 1.74 HIT, and Br50 BYN can be converted to 86.9 HIT, excluding any platform or gas fees.
The exchange rate of 1 HIT to Bulgarian Lev has changed by -7.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.04%, reaching a high of 0.6105 BYN and a low of 0.5754 BYN . One month ago, the value of 1 HIT was Br 0.6151 BYN , which represents a -6.45% change from its current value. Over the last year, HitBTC Token has changed by , resulting in a change of -32.46% in its value.
-Br
0.2774BYNHIT to BYN
Amount
16:43 today
0.5 HIT
Br0.2877
1 HIT
Br0.5753
5 HIT
Br2.88
10 HIT
Br5.75
50 HIT
Br28.77
100 HIT
Br57.53
500 HIT
Br287.67
1000 HIT
Br575.35
BYN to HIT
Amount16:43 today
0.5BYN0.8690 HIT
1BYN1.74 HIT
5BYN8.69 HIT
10BYN17.38 HIT
50BYN86.9 HIT
100BYN173.81 HIT
500BYN869.04 HIT
1000BYN1,738.08 HIT
HIT to BYN Today vs. 24 hours ago
| Amount | 16:43 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 HIT | Br0.2877 | Br0.2876 | +0.04% |
| 1 HIT | Br0.5753 | Br0.5751 | +0.04% |
| 5 HIT | Br2.88 | Br2.88 | +0.04% |
| 10 HIT | Br5.75 | Br5.75 | +0.04% |
| 50 HIT | Br28.77 | Br28.76 | +0.04% |
| 100 HIT | Br57.53 | Br57.51 | +0.04% |
| 500 HIT | Br287.67 | Br287.56 | +0.04% |
| 1000 HIT | Br575.35 | Br575.12 | +0.04% |
HIT to BYN Today vs. 1 month ago
| Amount | 16:43 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 HIT | Br0.2877 | Br0.3076 | -6.45% |
| 1 HIT | Br0.5753 | Br0.6151 | -6.45% |
| 5 HIT | Br2.88 | Br3.08 | -6.45% |
| 10 HIT | Br5.75 | Br6.15 | -6.45% |
| 50 HIT | Br28.77 | Br30.76 | -6.45% |
| 100 HIT | Br57.53 | Br61.51 | -6.45% |
| 500 HIT | Br287.67 | Br307.56 | -6.45% |
| 1000 HIT | Br575.35 | Br615.13 | -6.45% |
HIT to BYN Today vs. 1 year ago
| Amount | 16:43 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 HIT | Br0.2877 | Br0.4264 | -32.46% |
| 1 HIT | Br0.5753 | Br0.8527 | -32.46% |
| 5 HIT | Br2.88 | Br4.26 | -32.46% |
| 10 HIT | Br5.75 | Br8.53 | -32.46% |
| 50 HIT | Br28.77 | Br42.64 | -32.46% |
| 100 HIT | Br57.53 | Br85.27 | -32.46% |
| 500 HIT | Br287.67 | Br426.36 | -32.46% |
| 1000 HIT | Br575.35 | Br852.73 | -32.46% |
How to convert HIT to BYN
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Convert HIT to BYN
Choose from cryptocurrencies to trade on Bitget.
Buy HIT (or USDT) for BYN (Belarusian Ruble) offers
Bitget P2P trading does not currently support direct buying of HIT with BYN. However, you can buy USDT in Bitget P2P trading first, and then buy HIT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell HIT (or USDT) for BYN (Belarusian Ruble) offers
Bitget P2P trading currently does not support direct selling of HIT to BYN. However, you can first exchange HIT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of HIT to BYN?
There are many factors that affect the relationship between HitBTC Token and Belarusian Ruble, 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 HIT/BYN. When there is positive news in the market about the widespread adoption of HIT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of HIT/BYN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in HIT/BYN.
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.
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 HIT/BYN. 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 HitBTC Token and adjust their investment strategies accordingly in the evolving market.
HitBTC Token price prediction
What will the price of HIT be in 2026?
Based on HIT's historical price performance prediction model, the price of HIT is projected to reach $0.1773 in 2026.
What will the price of HIT be in 2031?
In 2031, the HIT price is expected to change by +30.00%. By the end of 2031, the HIT price is projected to reach $0.2591, with a cumulative ROI of +42.44%.
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Popular HitBTC Token Converter
Check out these popular currency conversions of HitBTC Token to several fiat currencies.
HIT to TWD
1 HIT to NT$ 5.77 TWD
HIT to CNY
1 HIT to ¥ 1.29 CNY
HIT to USD
1 HIT to $ 0.1757 USD
HIT to EUR
1 HIT to € 0.1578 EUR
HIT to CAD
1 HIT to $ 0.2469 CAD
HIT to BGN
1 HIT to лв 0.3097 BGN
HIT to KRW
1 HIT to ₩ 255.74 KRW
HIT to JPY
1 HIT to ¥ 25.45 JPY
HIT to GBP
1 HIT to £ 0.1360 GBP
HIT to BRL
1 HIT to R$ 1.04 BRL
Popular cryptocurrencies to BYN
Explore other cryptocurrencies based on your interest in HitBTC Token.
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1 BTC to Br 258,914.06 BYN
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1 XCN to Br 0.04706 BYN
PI to BYN
1 PI to Br 1.9 BYN
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1 TROY to Br 0.001429 BYN
STEEM to BYN
1 STEEM to Br 0.4266 BYN
SUI to BYN
1 SUI to Br 6.78 BYN
SOL to BYN
1 SOL to Br 357.43 BYN
BNB to BYN
1 BNB to Br 1,859.68 BYN
SNT to BYN
1 SNT to Br 0.07167 BYN
TRX to BYN
1 TRX to Br 0.7703 BYN
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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 HitBTC Token and BYN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as HitBTC Token and BYN. 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 HitBTC Token in BYN, 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.
