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Magaiba to Bulgarian Lev Converter and calculator

Convert 1Magaiba (MAGAIBA) to Bulgarian Lev (BGN) equals лв 0.0001684 | Bitget
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Last updated as of 2025/02/26 15:13:47 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Magaiba(MAGAIBA) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 MAGAIBA at a value of 1 MAGAIBA for 0.00 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 Magaiba currency pair is the MAGAIBA to BGN, with for Magaiba's currency code being MAGAIBA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

MAGAIBA to BGN conversion rate trend

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Live Magaiba (MAGAIBA) price chart
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In the past 1D, Magaiba has changed +15.61% to BGN. Based on the trend and price charts, Magaiba(MAGAIBA) has changed +15.61% to BGN while Bulgarian Lev(BGN) has changed -13.50% to MAGAIBA in the last 24 hours.

How to buy Magaiba

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Buy Magaiba (MAGAIBA)
Use a variety of payment options to buy Magaiba on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of MAGAIBA with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy MAGAIBA with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
R
Russiad_BC
28 tradesCompletion rate 67.00%
1.245 USD
Amount1394.18 USDT
Limit10 - 2000 USD
WebMoney
Buy
R
RUSSBANK777
45 tradesCompletion rate 90.00%
1.05 USD
Amount4854.07 USDT
Limit50 - 500 USD
Bank TransferTinkoff
Buy
B
Brothers Group
0 tradesCompletion rate 0.00%
1.05 USD
Amount100000 USDT
Limit1000 - 5000 USD
Cashapp
Buy
c
criptocambios16
8 tradesCompletion rate 73.00%
1.03 USD
Amount95000 USDT
Limit49900 - 50000 USD
ZenPyyplZelleBanco PichinchaCashappZinliRevolutWise
Buy
2
24H_TRADE_CRYPTO
1 tradesCompletion rate 50.00%
1.03 USD
Amount98903.35 USDT
Limit1000 - 25000 USD
Cashapp
Buy

Sell MAGAIBA (or USDT) for BGN (Bulgarian Lev) offers

Bitget P2P trading currently does not support direct selling of MAGAIBA to BGN. However, you can first exchange MAGAIBA for USDT in the Bitget spot market, and then sell USDT to BGN in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
R
Russiad_BC
28 tradesCompletion rate 67.00%
1.245 USD
Amount1394.18 USDT
Limit10 - 2000 USD
WebMoney
Sell
R
RUSSBANK777
45 tradesCompletion rate 90.00%
1.05 USD
Amount4854.07 USDT
Limit50 - 500 USD
Bank TransferTinkoff
Sell
B
Brothers Group
0 tradesCompletion rate 0.00%
1.05 USD
Amount100000 USDT
Limit1000 - 5000 USD
Cashapp
Sell
c
criptocambios16
8 tradesCompletion rate 73.00%
1.03 USD
Amount95000 USDT
Limit49900 - 50000 USD
ZenPyyplZelleBanco PichinchaCashappZinliRevolutWise
Sell
2
24H_TRADE_CRYPTO
1 tradesCompletion rate 50.00%
1.03 USD
Amount98903.35 USDT
Limit1000 - 25000 USD
Cashapp
Sell

What factors influence the conversion rate of Magaiba to Bulgarian Lev?

Magaiba to Bulgarian Lev is falling this week.
Magaiba's current market price is лв 0.0001684 per MAGAIBA, with a total market cap of лв 0 BGN based on a circulating supply of -- MAGAIBA. The trading volume of Magaiba has changed by +202.36% (лв 6,067.04 BGN) in the last 24 hours. Last trading day, MAGAIBA's trading volume was лв 2,998.07.
Market cap
$0
24h volume
$4.86K
Circulating supply
0 MAGAIBA
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Conversion tables

The exchange rate of Magaiba is decreasing.
1 MAGAIBA is currently valued at лв 0.0001684 BGN , which means buying 5 MAGAIBA will cost лв 0.0008421 BGN . Similarly, лв1 BGN can be traded for 5,937.7 MAGAIBA, and лв50 BGN can be converted to 296,884.85 MAGAIBA, excluding any platform or gas fees.
The exchange rate of 1 MAGAIBA to Bulgarian Lev has changed by -41.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +15.61%, reaching a high of 0.0002013 BGN and a low of 0.0001684 BGN . One month ago, the value of 1 MAGAIBA was лв 0.0002839 BGN , which represents a -40.68% change from its current value. Over the last year, Magaiba has changed by
-лв
0.004613BGN
, resulting in a change of -96.48% in its value.

MAGAIBA to BGN

Amount
15:13 today
0.5 MAGAIBA
лв0.{4}8421
1 MAGAIBA
лв0.0001684
5 MAGAIBA
лв0.0008421
10 MAGAIBA
лв0.001684
50 MAGAIBA
лв0.008421
100 MAGAIBA
лв0.01684
500 MAGAIBA
лв0.08421
1000 MAGAIBA
лв0.1684

BGN to MAGAIBA

Amount15:13 today
0.5BGN2,968.85  MAGAIBA
1BGN5,937.7  MAGAIBA
5BGN29,688.48  MAGAIBA
10BGN59,376.97  MAGAIBA
50BGN296,884.85  MAGAIBA
100BGN593,769.7  MAGAIBA
500BGN2,968,848.49  MAGAIBA
1000BGN5,937,696.97  MAGAIBA

Today vs. 24 hours ago

Amount15:13 today24 hours ago24h change
0.5 MAGAIBA$0.{4}4517$0.{4}3907
+15.61%
1 MAGAIBA$0.{4}9033$0.{4}7814
+15.61%
5 MAGAIBA$0.0004517$0.0003907
+15.61%
10 MAGAIBA$0.0009033$0.0007814
+15.61%
50 MAGAIBA$0.004517$0.003907
+15.61%
100 MAGAIBA$0.009033$0.007814
+15.61%
500 MAGAIBA$0.04517$0.03907
+15.61%
1000 MAGAIBA$0.09033$0.07814
+15.61%

Today vs. 1 month ago

Amount15:13 today1 month ago1M change
0.5 MAGAIBA$0.{4}4517$0.{4}7614
-40.68%
1 MAGAIBA$0.{4}9033$0.0001523
-40.68%
5 MAGAIBA$0.0004517$0.0007614
-40.68%
10 MAGAIBA$0.0009033$0.001523
-40.68%
50 MAGAIBA$0.004517$0.007614
-40.68%
100 MAGAIBA$0.009033$0.01523
-40.68%
500 MAGAIBA$0.04517$0.07614
-40.68%
1000 MAGAIBA$0.09033$0.1523
-40.68%

Today vs. 1 year ago

Amount15:13 today1 year ago1Y change
0.5 MAGAIBA$0.{4}4517$0.001282
-96.48%
1 MAGAIBA$0.{4}9033$0.002565
-96.48%
5 MAGAIBA$0.0004517$0.01282
-96.48%
10 MAGAIBA$0.0009033$0.02565
-96.48%
50 MAGAIBA$0.004517$0.1282
-96.48%
100 MAGAIBA$0.009033$0.2565
-96.48%
500 MAGAIBA$0.04517$1.28
-96.48%
1000 MAGAIBA$0.09033$2.56
-96.48%
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Magaiba price prediction

What will the price of MAGAIBA be in 2026?

Based on MAGAIBA's historical price performance prediction model, the price of MAGAIBA is projected to reach $0.0001209 in 2026.

What will the price of MAGAIBA be in 2031?

In 2031, the MAGAIBA price is expected to change by +29.00%. By the end of 2031, the MAGAIBA price is projected to reach $0.0001965, with a cumulative ROI of +106.29%.
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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.