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BALA to BGN Converter and calculator

BALA/BGN: 1 BALA = 0.{9}1189 BGN. The price of converting 1 Shambala (BALA) to Bulgarian Lev (BGN) is 0.{9}1189 BGN today.
BALA
BALA
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BALA to BGN real-time exchange rates, making it easy to convert Shambala (BALA) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 BALA is currently valued at 0.00 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BALA is currently valued at 0.00 BGN, which means buying 5 BALA would cost 0.00 BGN. Similarly, лв1 BGN can be converted to 8,412,886,851.76 BALA, and лв50 BGN can be converted to 42,064,434,258.8 BALA, excluding any platform or gas fees.

Convert BALA to BGN

Convert BGN to BALA

Shambala
Bulgarian Lev
1 BALA
0.{9}1189  BGN
2 BALA
0.{9}2377  BGN
5 BALA
0.{9}5943  BGN
10 BALA
0.{8}1189  BGN
20 BALA
0.{8}2377  BGN
50 BALA
0.{8}5943  BGN
100 BALA
0.{7}1189  BGN
200 BALA
0.{7}2377  BGN
500 BALA
0.{7}5943  BGN
1000 BALA
0.{6}1189  BGN
5000 BALA
0.{6}5943  BGN
10000 BALA
0.{5}1189  BGN
In the table above, you'll find a comprehensive BALA to BGN converter that shows the value of Shambala in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 BALA to BGN, all the way up to 10000 BALA, providing a clear view of their respective values.
Bulgarian Lev
Shambala
1 BGN
8,412,886,851.76 BALA
10 BGN
84,128,868,517.59 BALA
50 BGN
420,644,342,587.96 BALA
100 BGN
841,288,685,175.92 BALA
200 BGN
1,682,577,370,351.84 BALA
500 BGN
4,206,443,425,879.59 BALA
1000 BGN
8,412,886,851,759.18 BALA
2000 BGN
16,825,773,703,518.36 BALA
5000 BGN
42,064,434,258,795.9 BALA
10000 BGN
84,128,868,517,591.8 BALA
50000 BGN
420,644,342,587,959 BALA
100000 BGN
841,288,685,175,918 BALA
In the table above, you'll find a comprehensive BGN to BALA converter that shows the value of Bulgarian Lev in Shambala across commonly used conversion amounts. The list covers conversions from 1 BGN to BALA, all the way up to 100000 BGN, providing a clear view of their respective values.

BALA to BGN chart

BALA/BGN: 1 BALA = 0.{9}1189 BGN; 2025/05/10 07:33:12
In the past 1D, Shambala has changed +0.34% to BGN. Based on the trend and price charts, Shambala(BALA) has changed +0.34% to BGN while Bulgarian Lev(BGN) has changed % to BALA in the last 24 hours.
1D7D1M3M1YAll

BALA to BGN conversion data: Volatility and price changes of Shambala in BGN

The highest Shambala price in BGN over the past 7 days was 0.{9}1212 BGN while the lowest Shambala price in BGN over the past 7 days was 0.{9}1160 BGN. The relative change between the highs and lows in Shambala price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and BALA 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.{9}1212 BGN
0.{9}1212 BGN
0.{9}2147 BGN
0.{9}2257 BGN
Low
0.{9}1177 BGN
0.{9}1160 BGN
0.{9}1160 BGN
0.{9}1160 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
+0.34%
-21.19%
-44.45%
-44.81%

Shambala information

BALA to BGN market statistics

BALA/BGN:
лв0.{9}1189
BALA 24h volume:
--
BALA market cap:
--
BALA circulating supply:
0 BALA

Current BALA to BGN exchange rate

Shambala to Bulgarian Lev is falling this week.
Shambala's current market price is лв0.{9}1189 per BALA, with a total market cap of лв0 BGN based on a circulating supply of -- BALA. The trading volume of Shambala has changed by -100.00% (лв-- BGN) in the last 24 hours. Last trading day, BALA's trading volume was лв--.

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

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How to convert BALA to BGN

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

The exchange rate of Shambala is decreasing.
The exchange rate of 1 BALA to Bulgarian Lev has changed by -21.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.34%, reaching a high of 0.{9}1212 BGN and a low of 0.{9}1177 BGN . One month ago, the value of 1 BALA was лв0.{9}2140 BGN , which represents a -44.45% change from its current value. Over the last year, Shambala has changed by
-лв
0.{10}4713BGN
, resulting in a change of -28.39% in its value.
24 hours ago1 month ago1 year ago
Amount07:33 am today24 hours ago24h change
0.5 BALAлв0.{10}5943лв0.{10}5923
+0.34%
1 BALAлв0.{9}1189лв0.{9}1185
+0.34%
5 BALAлв0.{9}5943лв0.{9}5923
+0.34%
10 BALAлв0.{8}1189лв0.{8}1185
+0.34%
50 BALAлв0.{8}5943лв0.{8}5923
+0.34%
100 BALAлв0.{7}1189лв0.{7}1185
+0.34%
500 BALAлв0.{7}5943лв0.{7}5923
+0.34%
1000 BALAлв0.{6}1189лв0.{6}1185
+0.34%

BALA to BGN FAQ

How much is 1 Shambala in BGN?
Right now, the price of 1 Shambala (BALA) in Bulgarian Lev (BGN) is лв0.{9}1189.
How much BALA can I buy for 1 BGN?
Based on the current exchange rate, you can get 8,412,886,851.76 BALA for 1 BGN.
How do I calculate or convert BALA to BGN?
You can use our BALA to BGN calculator at the top of this page to convert any amount of BALA to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 42,064,434,258.8 BALA, while 5 BALA will cost around 0.{9}5943BGN.
What is the highest price of BALA/BGN in history?
The all-time high price of 1 BALA in BGN is лв0.{5}2561. It remains to be seen if the value of 1 BALA/BGN will exceed the current all-time high.
What is the price trend of Shambala in BGN?
Over the past 7 days, the exchange rate of Shambala (BALA) has gone down by 21.19%.   Over the last month, the exchange rate of Shambala (BALA) has gone down by 44.45% against Bulgarian Lev (BGN).

What factors influence the conversion rate of BALA to BGN?

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