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LOOM to BGN Converter and calculator

LOOM/BGN: 1 LOOM = 0.005675 BGN. The price of converting 1 Loom Network (LOOM) to Bulgarian Lev (BGN) is 0.005675 BGN today.
LOOM
LOOM
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LOOM to BGN real-time exchange rates, making it easy to convert Loom Network (LOOM) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 LOOM is currently valued at 0.01 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LOOM is currently valued at 0.01 BGN, which means buying 5 LOOM would cost 0.03 BGN. Similarly, лв1 BGN can be converted to 176.2 LOOM, and лв50 BGN can be converted to 881.01 LOOM, excluding any platform or gas fees.

Convert LOOM to BGN

Convert BGN to LOOM

Loom Network
Bulgarian Lev
10000 LOOM
56.75  BGN
In the table above, you'll find a comprehensive LOOM to BGN converter that shows the value of Loom Network in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 LOOM to BGN, all the way up to 10000 LOOM, providing a clear view of their respective values.
Bulgarian Lev
Loom Network
1000 BGN
176,202.42 LOOM
2000 BGN
352,404.84 LOOM
5000 BGN
881,012.09 LOOM
10000 BGN
1,762,024.18 LOOM
50000 BGN
8,810,120.92 LOOM
100000 BGN
17,620,241.85 LOOM
In the table above, you'll find a comprehensive BGN to LOOM converter that shows the value of Bulgarian Lev in Loom Network across commonly used conversion amounts. The list covers conversions from 1 BGN to LOOM, all the way up to 100000 BGN, providing a clear view of their respective values.

LOOM to BGN chart

LOOM/BGN: 1 LOOM = 0.005675 BGN; 2025/05/21 02:43:54
In the past 1D, Loom Network has changed -3.40% to BGN. Based on the trend and price charts, Loom Network(LOOM) has changed -3.40% to BGN while Bulgarian Lev(BGN) has changed % to LOOM in the last 24 hours.
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LOOM to BGN conversion data: Volatility and price changes of Loom Network in BGN

The highest Loom Network price in BGN over the past 7 days was 0.007088 BGN while the lowest Loom Network price in BGN over the past 7 days was 0.005429 BGN. The relative change between the highs and lows in Loom Network price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and LOOM 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
0.005927 BGN
0.007088 BGN
0.08302 BGN
0.1050 BGN
Low
0.005459 BGN
0.005429 BGN
0.005429 BGN
0.005429 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
-3.40%
-21.81%
-87.48%
-93.60%

Loom Network information

LOOM to BGN market statistics

LOOM/BGN:
лв0.005675
LOOM 24h volume:
лв1,963,012.47
LOOM market cap:
лв7,053,937.81
LOOM circulating supply:
1.24B LOOM

Current LOOM to BGN exchange rate

Loom Network to Bulgarian Lev is falling this week.
Loom Network's current market price is лв0.005675 per LOOM, with a total market cap of лв7,053,937.81 BGN based on a circulating supply of 1,242,921,000 LOOM. The trading volume of Loom Network has changed by +10.61% (лв188,250.75 BGN) in the last 24 hours. Last trading day, LOOM's trading volume was лв1,774,761.72.

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

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How to convert LOOM to BGN

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Convert LOOM to BGN
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Buy LOOM (or USDT) for BGN (Bulgarian Lev) offers
Bitget P2P trading does not currently support direct buying of LOOM with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy LOOM with USDT via Bitget spot market.
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1 LOOM to лв0.005675 BGN
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LOOM to BGN Conversion tables

The exchange rate of Loom Network is decreasing.
The exchange rate of 1 LOOM to Bulgarian Lev has changed by -21.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.40%, reaching a high of 0.005927 BGN and a low of 0.005459 BGN . One month ago, the value of 1 LOOM was лв0.04536 BGN , which represents a -87.48% change from its current value. Over the last year, Loom Network has changed by
-лв
0.1499BGN
, resulting in a change of -96.35% in its value.
24 hours ago1 month ago1 year ago
Amount02:43 am today24 hours ago24h change
0.5 LOOM
лв0.002838лв0.002938
-3.40%
1 LOOM
лв0.005675лв0.005875
-3.40%
5 LOOM
лв0.02838лв0.02938
-3.40%
10 LOOM
лв0.05675лв0.05875
-3.40%
50 LOOM
лв0.2838лв0.2938
-3.40%
100 LOOM
лв0.5675лв0.5875
-3.40%
500 LOOM
лв2.84лв2.94
-3.40%
1000 LOOM
лв5.68лв5.88
-3.40%

LOOM to BGN FAQ

How much is 1 Loom Network in BGN?
Right now, the price of 1 Loom Network (LOOM) in Bulgarian Lev (BGN) is лв0.005675.
How much LOOM can I buy for 1 BGN?
Based on the current exchange rate, you can get 176.2 LOOM for 1 BGN.
How do I calculate or convert LOOM to BGN?
You can use our LOOM to BGN calculator at the top of this page to convert any amount of LOOM to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 881.01 LOOM, while 5 LOOM will cost around 0.02838BGN.
What is the highest price of LOOM/BGN in history?
The all-time high price of 1 LOOM in BGN is лв1.34. It remains to be seen if the value of 1 LOOM/BGN will exceed the current all-time high.
What is the price trend of Loom Network in BGN?
Over the past 7 days, the exchange rate of Loom Network (LOOM) has gone down by 21.81%.   Over the last month, the exchange rate of Loom Network (LOOM) has gone down by 87.48% against Bulgarian Lev (BGN).

What factors influence the conversion rate of LOOM to BGN?

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