Bitget converter provides ROOT to BGN real-time exchange rates, making it easy to convert The Root Network (ROOT) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 ROOT is currently valued at 0.01 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

1 ROOT is currently valued at 0.01 BGN, which means buying 5 ROOT would cost 0.05 BGN. Similarly, лв1 BGN can be converted to 99.28 ROOT, and лв50 BGN can be converted to 496.41 ROOT, excluding any platform or gas fees.

Convert ROOT to BGN

Convert BGN to ROOT

The Root Network

Bulgarian Lev

1 ROOT

0.01007 BGN

Exchange 1 ROOT for 0.01007 BGN

2 ROOT

0.02014 BGN

Exchange 2 ROOT for 0.02014 BGN

5 ROOT

0.05036 BGN

Exchange 5 ROOT for 0.05036 BGN

10 ROOT

0.1007 BGN

Exchange 10 ROOT for 0.1007 BGN

20 ROOT

0.2014 BGN

Exchange 20 ROOT for 0.2014 BGN

50 ROOT

0.5036 BGN

Exchange 50 ROOT for 0.5036 BGN

100 ROOT

1.01 BGN

Exchange 100 ROOT for 1.01 BGN

200 ROOT

2.01 BGN

Exchange 200 ROOT for 2.01 BGN

500 ROOT

5.04 BGN

Exchange 500 ROOT for 5.04 BGN

1000 ROOT

10.07 BGN

Exchange 1000 ROOT for 10.07 BGN

5000 ROOT

50.36 BGN

Exchange 5000 ROOT for 50.36 BGN

10000 ROOT

100.72 BGN

Exchange 10000 ROOT for 100.72 BGN

In the table above, you'll find a comprehensive ROOT to BGN converter that shows the value of The Root Network in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 ROOT to BGN, all the way up to 10000 ROOT, providing a clear view of their respective values.

Bulgarian Lev

The Root Network

1 BGN

99.28 ROOT

Exchange 1 BGN for 99.28 ROOT

10 BGN

992.83 ROOT

Exchange 10 BGN for 992.83 ROOT

50 BGN

4,964.13 ROOT

Exchange 50 BGN for 4,964.13 ROOT

100 BGN

9,928.26 ROOT

Exchange 100 BGN for 9,928.26 ROOT

200 BGN

19,856.53 ROOT

Exchange 200 BGN for 19,856.53 ROOT

500 BGN

49,641.32 ROOT

Exchange 500 BGN for 49,641.32 ROOT

1000 BGN

99,282.65 ROOT

Exchange 1000 BGN for 99,282.65 ROOT

2000 BGN

198,565.3 ROOT

Exchange 2000 BGN for 198,565.3 ROOT

5000 BGN

496,413.25 ROOT

Exchange 5000 BGN for 496,413.25 ROOT

10000 BGN

992,826.5 ROOT

Exchange 10000 BGN for 992,826.5 ROOT

50000 BGN

4,964,132.48 ROOT

Exchange 50000 BGN for 4,964,132.48 ROOT

100000 BGN

9,928,264.97 ROOT

Exchange 100000 BGN for 9,928,264.97 ROOT

In the table above, you'll find a comprehensive BGN to ROOT converter that shows the value of Bulgarian Lev in The Root Network across commonly used conversion amounts. The list covers conversions from 1 BGN to ROOT, all the way up to 100000 BGN, providing a clear view of their respective values.

ROOT to BGN chart

ROOT/BGN: 1 ROOT = 0.01007 BGN; 2025/04/26 18:48:42

In the past 1D, The Root Network has changed -2.76% to BGN. Based on the trend and price charts, The Root Network(ROOT) has changed -2.76% to BGN while Bulgarian Lev(BGN) has changed % to ROOT in the last 24 hours.

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ROOT to BGN conversion data: Volatility and price changes of The Root Network in BGN

The highest The Root Network price in BGN over the past 7 days was 0.01130 BGN while the lowest The Root Network price in BGN over the past 7 days was 0.009766 BGN. The relative change between the highs and lows in The Root Network price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and ROOT 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	0.01035 BGN	0.01130 BGN	0.01625 BGN	0.03893 BGN
Low	0.009766 BGN	0.009766 BGN	0.008722 BGN	0.008722 BGN
Average	0 BGN	0 BGN	0 BGN	0 BGN
Volatility	%	%	%	%
Change	-2.76%	+2.37%	-33.80%	-72.31%

The Root Network information

ROOT to BGN market statistics

ROOT/BGN:

лв0.01007

ROOT 24h volume:

лв3,116,124.82

ROOT market cap:

лв14,572,742.94

ROOT circulating supply:

1.45B ROOT

Current ROOT to BGN exchange rate

The Root Network to Bulgarian Lev is rising this week.

The Root Network's current market price is лв0.01007 per ROOT, with a total market cap of лв14,572,742.94 BGN based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by -44.73% (лв-2,521,369.20 BGN) in the last 24 hours. Last trading day, ROOT's trading volume was лв5,637,494.01.

More info about The Root Network on Bitget

The Root Network price The Root Network Price Prediction What is The Root Network (ROOT)

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 The Root Network currency pair is the ROOT to BGN, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

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

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1 ROOT to C$0.008131 CAD

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1 ROOT to лв0.01007 BGN

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1 ROOT to ₩8.42 KRW

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1 ROOT to ¥0.8413 JPY

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1 ROOT to R$0.03332 BRL

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ROOT to BGN Conversion tables

The exchange rate of The Root Network is decreasing.

The exchange rate of 1 ROOT to Bulgarian Lev has changed by +2.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.76%, reaching a high of 0.01035 BGN and a low of 0.009766 BGN . One month ago, the value of 1 ROOT was лв0.01522 BGN , which represents a -33.80% change from its current value. Over the last year, The Root Network has changed by

-лв

0.07010BGN

, resulting in a change of -87.43% in its value.

24 hours ago1 month ago1 year ago

Amount	18:48 today	24 hours ago	24h change
0.5 ROOT	лв0.005036	лв0.005179	-2.76%
1 ROOT	лв0.01007	лв0.01036	-2.76%
5 ROOT	лв0.05036	лв0.05179	-2.76%
10 ROOT	лв0.1007	лв0.1036	-2.76%
50 ROOT	лв0.5036	лв0.5179	-2.76%
100 ROOT	лв1.01	лв1.04	-2.76%
500 ROOT	лв5.04	лв5.18	-2.76%
1000 ROOT	лв10.07	лв10.36	-2.76%

ROOT to BGN FAQ

How much is 1 The Root Network in BGN?

Right now, the price of 1 The Root Network (ROOT) in Bulgarian Lev (BGN) is лв0.01007.

How much ROOT can I buy for 1 BGN?

Based on the current exchange rate, you can get 99.28 ROOT for 1 BGN.

How do I calculate or convert ROOT to BGN?

You can use our ROOT to BGN calculator at the top of this page to convert any amount of ROOT to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 496.41 ROOT, while 5 ROOT will cost around 0.05036BGN.

What is the highest price of ROOT/BGN in history?

The all-time high price of 1 ROOT in BGN is лв0.8005. It remains to be seen if the value of 1 ROOT/BGN will exceed the current all-time high.

What is the price trend of The Root Network in BGN?

Over the past 7 days, the exchange rate of The Root Network (ROOT) has gone up by 2.37%. Over the last month, the exchange rate of The Root Network (ROOT) has gone down by 33.80% against Bulgarian Lev (BGN).

What factors influence the conversion rate of ROOT to BGN?

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

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