Bitget converter provides INIT to BGN real-time exchange rates, making it easy to convert Initia (INIT) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 INIT is currently valued at 0.0001994 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

1 INIT is currently valued at 0.0001994 BGN, which means buying 5 INIT would cost 0.0009969 BGN. Similarly, лв1 BGN can be converted to 5,015.8 INIT, and лв50 BGN can be converted to 25,078.98 INIT, excluding any platform or gas fees.

Convert INIT to BGN

Convert BGN to INIT

Initia

Bulgarian Lev

1 INIT

0.0001994 BGN

Exchange 1 INIT for 0.0001994 BGN

2 INIT

0.0003987 BGN

Exchange 2 INIT for 0.0003987 BGN

5 INIT

0.0009969 BGN

Exchange 5 INIT for 0.0009969 BGN

10 INIT

0.001994 BGN

Exchange 10 INIT for 0.001994 BGN

20 INIT

0.003987 BGN

Exchange 20 INIT for 0.003987 BGN

50 INIT

0.009969 BGN

Exchange 50 INIT for 0.009969 BGN

100 INIT

0.01994 BGN

Exchange 100 INIT for 0.01994 BGN

200 INIT

0.03987 BGN

Exchange 200 INIT for 0.03987 BGN

500 INIT

0.09969 BGN

Exchange 500 INIT for 0.09969 BGN

1000 INIT

0.1994 BGN

Exchange 1000 INIT for 0.1994 BGN

5000 INIT

0.9969 BGN

Exchange 5000 INIT for 0.9969 BGN

10000 INIT

1.99 BGN

Exchange 10000 INIT for 1.99 BGN

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

Bulgarian Lev

Initia

1 BGN

5,015.8 INIT

Exchange 1 BGN for 5,015.8 INIT

10 BGN

50,157.97 INIT

Exchange 10 BGN for 50,157.97 INIT

50 BGN

250,789.84 INIT

Exchange 50 BGN for 250,789.84 INIT

100 BGN

501,579.67 INIT

Exchange 100 BGN for 501,579.67 INIT

200 BGN

1,003,159.34 INIT

Exchange 200 BGN for 1,003,159.34 INIT

500 BGN

2,507,898.36 INIT

Exchange 500 BGN for 2,507,898.36 INIT

1000 BGN

5,015,796.72 INIT

Exchange 1000 BGN for 5,015,796.72 INIT

2000 BGN

10,031,593.44 INIT

Exchange 2000 BGN for 10,031,593.44 INIT

5000 BGN

25,078,983.6 INIT

Exchange 5000 BGN for 25,078,983.6 INIT

10000 BGN

50,157,967.19 INIT

Exchange 10000 BGN for 50,157,967.19 INIT

50000 BGN

250,789,835.97 INIT

Exchange 50000 BGN for 250,789,835.97 INIT

100000 BGN

501,579,671.93 INIT

Exchange 100000 BGN for 501,579,671.93 INIT

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

INIT to BGN chart

INIT/BGN: 1 INIT = 0.0001994 BGN; 2026/02/16 22:00:10

In the past 1D, Initia has changed +4.43% to BGN. Based on the trend and price charts, Initia(INIT) has changed +4.43% to BGN while Bulgarian Lev(BGN) has changed % to INIT in the last 24 hours.

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INIT to BGN conversion data: Volatility and price changes of Initia in BGN

The highest Initia price in BGN over the past 7 days was -- BGN while the lowest Initia price in BGN over the past 7 days was -- BGN. The relative change between the highs and lows in Initia price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and INIT 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	0.0002000 BGN	-- BGN	-- BGN	-- BGN
Low	0.{4}5364 BGN	-- BGN	-- BGN	-- BGN
Average	0 BGN	0 BGN	0 BGN	0 BGN
Volatility	%	%	%	%
Change	+4.43%	--	--	--

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

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Initia information

INIT to BGN market statistics

INIT/BGN:

лв0.0001994

INIT 24h volume:

лв9,793,186.37

INIT market cap:

лв199,370.11

INIT circulating supply:

1000.00M INIT

Current INIT to BGN exchange rate

Initia to Bulgarian Lev is falling this week.

Initia's current market price is лв0.0001994 per INIT, with a total market cap of лв199,370.11 BGN based on a circulating supply of 999,999,940 INIT. The trading volume of Initia has changed by --% (лв-- BGN) in the last 24 hours. Last trading day, INIT's trading volume was лв--.

More info about Initia on Bitget

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

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1 INIT to NT$0.003790 TWD

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1 INIT to AU$0.0001708 AUD

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1 INIT to C$0.0001648 CAD

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1 INIT to лв0.0001994 BGN

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1 INIT to ₩0.1744 KRW

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1 INIT to ¥0.01855 JPY

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1 INIT to £0.{4}8865 GBP

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1 INIT to R$0.0006332 BRL

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1 SIREN to лв0.3578 BGN

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1 INIT to лв0.2212 BGN

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INIT to BGN Conversion tables

The exchange rate of Initia is decreasing.

The exchange rate of 1 INIT to Bulgarian Lev has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.43%, reaching a high of 0.0002000 BGN and a low of 0.{4}5364 BGN . One month ago, the value of 1 INIT was лв-- BGN , which represents a --% change from its current value. Over the last year, Initia has changed by

-лв

--BGN

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

24 hours ago1 month ago1 year ago

Amount	22:00 today	24 hours ago	24h change
0.5 INIT	лв0.{4}9969	лв--	+4.43%
1 INIT	лв0.0001994	лв--	+4.43%
5 INIT	лв0.0009969	лв--	+4.43%
10 INIT	лв0.001994	лв--	+4.43%
50 INIT	лв0.009969	лв--	+4.43%
100 INIT	лв0.01994	лв--	+4.43%
500 INIT	лв0.09969	лв--	+4.43%
1000 INIT	лв0.1994	лв--	+4.43%

INIT to BGN FAQ

How much is 1 Initia in BGN?

Right now, the price of 1 Initia (INIT) in Bulgarian Lev (BGN) is лв0.0001994.

How much INIT can I buy for 1 BGN?

Based on the current exchange rate, you can get 5,015.8 INIT for 1 BGN.

How do I calculate or convert INIT to BGN?

You can use our INIT to BGN calculator at the top of this page to convert any amount of INIT to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 25,078.98 INIT, while 5 INIT will cost around 0.0009969BGN.

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

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

What is the price trend of Initia in BGN?

Over the past 7 days, the exchange rate of Initia (INIT) has gone down by --. Over the last month, the exchange rate of Initia (INIT) has gone down by -- against Bulgarian Lev (BGN).

What factors influence the conversion rate of INIT to BGN?

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

Popular exchange rates — Crypto-to-Fiat converter

	USD	EUR	CAD	PKR	INR	GBP	BRL
BTC	$68,465.38	€57,750.54	C$93,345.69	₨19,145,938.17	₹6,215,403.13	£50,226.2	R$358,738.03
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XRP	$1.48	€1.25	C$2.02	₨414.54	₹134.57	£1.09	R$7.77
SOL	$85.58	€72.19	C$116.68	₨23,931.44	₹7,768.94	£62.78	R$448.4
PI	$0.1728	€0.1457	C$0.2356	₨48.32	₹15.69	£0.1268	R$0.9054
TRUMP	$3.38	€2.85	C$4.61	₨946.1	₹307.13	£2.48	R$17.73
DOGE	$0.1008	€0.08505	C$0.1375	₨28.2	₹9.15	£0.07397	R$0.5283
SHIB	$0.{5}6575	€0.{5}5546	C$0.{5}8965	₨0.001839	₹0.0005969	£0.{5}4824	R$0.{4}3445
PEPE	$0.{5}4506	€0.{5}3801	C$0.{5}6143	₨0.001260	₹0.0004091	£0.{5}3306	R$0.{4}2361
XLM	$0.1686	€0.1422	C$0.2299	₨47.15	₹15.31	£0.1237	R$0.8834
LUNA	$0.06626	€0.05589	C$0.09033	₨18.53	₹6.01	£0.04861	R$0.3472
XCN	$0.005420	€0.004572	C$0.007390	₨1.52	₹0.4921	£0.003976	R$0.02840

Bitget crypto-to-fiat exchange data shows the popular Initia currency pairs: INIT to US Dollar (USD), INIT to Euro (EUR), INIT to Pound Sterling (GBP), INIT to Canadian Dollar (CAD), INIT to Indian Rupee (INR), INIT to Pakistani Rupee (PKR), INIT to Brazilian Real (BRL), INIT to…
The price of Initia in the US is $0.0001208 USD. Additionally, Initia’s price is €0.0001019 EUR in the eurozone, £0.C$0.00016488865 GBP in the UK, {4} CAD in Canada, ₹0.01097 INR in India, ₨0.03379 PKR in Pakistan, R$0.0006332 BRL in Brazil, and more.
The most popular Initia currency pair is the INIT to Bulgarian Lev(BGN). The price of 1 Initia (INIT) in Bulgarian Lev (BGN) is лв0.0001994.

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