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Pendulum to Bulgarian Lev (PEN to BGN)

PEN to BGN Converter and calculator

PEN/BGN: 1 PEN = 0.02894 BGN. The price of converting 1 Pendulum (PEN) to Bulgarian Lev (BGN) is 0.02894 BGN today.
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PEN
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PEN to BGN real-time exchange rates, making it easy to convert Pendulum (PEN) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 PEN is currently valued at 0.02894 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PEN is currently valued at 0.02894 BGN, which means buying 5 PEN would cost 0.1447 BGN. Similarly, лв1 BGN can be converted to 34.55 PEN, and лв50 BGN can be converted to 172.74 PEN, excluding any platform or gas fees.

Convert PEN to BGN

Convert BGN to PEN

Pendulum
Bulgarian Lev
1 PEN
0.02894  BGN
Exchange 1 PEN for 0.02894 BGN
2 PEN
0.05789  BGN
Exchange 2 PEN for 0.05789 BGN
5 PEN
0.1447  BGN
Exchange 5 PEN for 0.1447 BGN
10 PEN
0.2894  BGN
Exchange 10 PEN for 0.2894 BGN
20 PEN
0.5789  BGN
Exchange 20 PEN for 0.5789 BGN
50 PEN
1.45  BGN
Exchange 50 PEN for 1.45 BGN
100 PEN
2.89  BGN
Exchange 100 PEN for 2.89 BGN
200 PEN
5.79  BGN
Exchange 200 PEN for 5.79 BGN
500 PEN
14.47  BGN
Exchange 500 PEN for 14.47 BGN
1000 PEN
28.94  BGN
Exchange 1000 PEN for 28.94 BGN
5000 PEN
144.72  BGN
Exchange 5000 PEN for 144.72 BGN
10000 PEN
289.45  BGN
Exchange 10000 PEN for 289.45 BGN
In the table above, you'll find a comprehensive PEN to BGN converter that shows the value of Pendulum in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 PEN to BGN, all the way up to 10000 PEN, providing a clear view of their respective values.
Bulgarian Lev
Pendulum
1 BGN
34.55 PEN
Exchange 1 BGN for 34.55 PEN
10 BGN
345.49 PEN
Exchange 10 BGN for 345.49 PEN
50 BGN
1,727.43 PEN
Exchange 50 BGN for 1,727.43 PEN
100 BGN
3,454.86 PEN
Exchange 100 BGN for 3,454.86 PEN
200 BGN
6,909.71 PEN
Exchange 200 BGN for 6,909.71 PEN
500 BGN
17,274.28 PEN
Exchange 500 BGN for 17,274.28 PEN
1000 BGN
34,548.56 PEN
Exchange 1000 BGN for 34,548.56 PEN
2000 BGN
69,097.12 PEN
Exchange 2000 BGN for 69,097.12 PEN
5000 BGN
172,742.8 PEN
Exchange 5000 BGN for 172,742.8 PEN
10000 BGN
345,485.6 PEN
Exchange 10000 BGN for 345,485.6 PEN
50000 BGN
1,727,428.02 PEN
Exchange 50000 BGN for 1,727,428.02 PEN
100000 BGN
3,454,856.03 PEN
Exchange 100000 BGN for 3,454,856.03 PEN
In the table above, you'll find a comprehensive BGN to PEN converter that shows the value of Bulgarian Lev in Pendulum across commonly used conversion amounts. The list covers conversions from 1 BGN to PEN, all the way up to 100000 BGN, providing a clear view of their respective values.

PEN to BGN chart

PEN/BGN: 1 PEN = 0.02894 BGN; 2026/02/07 21:47:29
In the past 1D, Pendulum has changed +7.47% to BGN. Based on the trend and price charts, Pendulum(PEN) has changed +7.47% to BGN while Bulgarian Lev(BGN) has changed % to PEN in the last 24 hours.
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PEN to BGN conversion data: Volatility and price changes of in BGN

The highest price in BGN over the past 7 days was 0.03700 BGN while the lowest price in BGN over the past 7 days was 0.02647 BGN. The relative change between the highs and lows in price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PEN 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
0.03390 BGN
0.03700 BGN
0.03700 BGN
0.03700 BGN
Low
0.02813 BGN
0.02647 BGN
0.02647 BGN
0.02647 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
+7.47%
+2.21%
+42.08%
+44.32%

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Pendulum information

PEN to BGN market statistics

PEN/BGN:
лв0.02894
PEN 24h volume:
лв5,159.3
PEN market cap:
--
PEN circulating supply:
0 PEN

Current PEN to BGN exchange rate

Pendulum to Bulgarian Lev is rising this week.
Pendulum's current market price is лв0.02894 per PEN, with a total market cap of лв0 BGN based on a circulating supply of -- PEN. The trading volume of Pendulum has changed by +256.66% (лв3,712.75 BGN) in the last 24 hours. Last trading day, PEN's trading volume was лв1,446.55.

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

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PEN to BGN Conversion tables

The exchange rate of Pendulum is increasing.
The exchange rate of 1 PEN to Bulgarian Lev has changed by +2.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.47%, reaching a high of 0.03390 BGN and a low of 0.02813 BGN . One month ago, the value of 1 PEN was лв-0.00 BGN , which represents a +42.08% change from its current value. Over the last year, Pendulum has changed by
+лв
0.009792BGN
, resulting in a change of +46.77% in its value.
24 hours ago1 month ago1 year ago
Amount 21:47 today 24 hours ago 24h change
0.5 PEN
лв0.01447лв0.01340
+7.47%
1 PEN
лв0.02894лв0.02681
+7.47%
5 PEN
лв0.1447лв0.1340
+7.47%
10 PEN
лв0.2894лв0.2681
+7.47%
50 PEN
лв1.45лв1.34
+7.47%
100 PEN
лв2.89лв2.68
+7.47%
500 PEN
лв14.47лв13.4
+7.47%
1000 PEN
лв28.94лв26.81
+7.47%

PEN to BGN FAQ

How much is 1 Pendulum in BGN?
Right now, the price of 1 Pendulum (PEN) in Bulgarian Lev (BGN) is лв0.02894.
How much PEN can I buy for 1 BGN?
Based on the current exchange rate, you can get 34.55 PEN for 1 BGN.
How do I calculate or convert PEN to BGN?
You can use our PEN to BGN calculator at the top of this page to convert any amount of PEN to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 172.74 PEN, while 5 PEN will cost around 0.1447BGN.
What is the highest price of PEN/BGN in history?
The all-time high price of 1 PEN in BGN is лв0.5793. It remains to be seen if the value of 1 PEN/BGN will exceed the current all-time high.
What is the price trend of in BGN?
Over the past 7 days, the exchange rate of Pendulum (PEN) has gone up by 2.21%.   Over the last month, the exchange rate of Pendulum (PEN) has gone up by 42.08% against Bulgarian Lev (BGN).

What factors influence the conversion rate of PEN to BGN?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Pendulum currency pairs: PEN to US Dollar (USD), PEN to Euro (EUR), PEN to Pound Sterling (GBP), PEN to Canadian Dollar (CAD), PEN to Indian Rupee (INR), PEN to Pakistani Rupee (PKR), PEN to Brazilian Real (BRL), PEN to…
The price of Pendulum in the US is $0.01749 USD. Additionally, Pendulum’s price is €0.01474 EUR in the eurozone, £0.01278 GBP in the UK, C$0.02386 CAD in Canada, ₹1.6 INR in India, ₨4.92 PKR in Pakistan, R$0.09204 BRL in Brazil, and more.
The most popular Pendulum currency pair is the PEN to Bulgarian Lev(BGN). The price of 1 Pendulum (PEN) in Bulgarian Lev (BGN) is лв0.02894.

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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.
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