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PRARE to BGN Converter and calculator

PRARE/BGN: 1 PRARE = 0.001654 BGN. The price of converting 1 POLKARARE (PRARE) to Bulgarian Lev (BGN) is 0.001654 BGN today.
PRARE
PRARE
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRARE to BGN real-time exchange rates, making it easy to convert POLKARARE (PRARE) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 PRARE is currently valued at 0.001654 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRARE is currently valued at 0.001654 BGN, which means buying 5 PRARE would cost 0.008270 BGN. Similarly, лв1 BGN can be converted to 604.56 PRARE, and лв50 BGN can be converted to 3,022.79 PRARE, excluding any platform or gas fees.

Convert PRARE to BGN

Convert BGN to PRARE

POLKARARE
Bulgarian Lev
1 PRARE
0.001654  BGN
Exchange 1 PRARE for 0.001654 BGN
2 PRARE
0.003308  BGN
Exchange 2 PRARE for 0.003308 BGN
5 PRARE
0.008270  BGN
Exchange 5 PRARE for 0.008270 BGN
10 PRARE
0.01654  BGN
Exchange 10 PRARE for 0.01654 BGN
20 PRARE
0.03308  BGN
Exchange 20 PRARE for 0.03308 BGN
50 PRARE
0.08270  BGN
Exchange 50 PRARE for 0.08270 BGN
100 PRARE
0.1654  BGN
Exchange 100 PRARE for 0.1654 BGN
200 PRARE
0.3308  BGN
Exchange 200 PRARE for 0.3308 BGN
500 PRARE
0.8270  BGN
Exchange 500 PRARE for 0.8270 BGN
1000 PRARE
1.65  BGN
Exchange 1000 PRARE for 1.65 BGN
5000 PRARE
8.27  BGN
Exchange 5000 PRARE for 8.27 BGN
10000 PRARE
16.54  BGN
Exchange 10000 PRARE for 16.54 BGN
In the table above, you'll find a comprehensive PRARE to BGN converter that shows the value of POLKARARE in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 PRARE to BGN, all the way up to 10000 PRARE, providing a clear view of their respective values.
Bulgarian Lev
POLKARARE
1 BGN
604.56 PRARE
Exchange 1 BGN for 604.56 PRARE
10 BGN
6,045.59 PRARE
Exchange 10 BGN for 6,045.59 PRARE
50 BGN
30,227.93 PRARE
Exchange 50 BGN for 30,227.93 PRARE
100 BGN
60,455.87 PRARE
Exchange 100 BGN for 60,455.87 PRARE
200 BGN
120,911.73 PRARE
Exchange 200 BGN for 120,911.73 PRARE
500 BGN
302,279.34 PRARE
Exchange 500 BGN for 302,279.34 PRARE
1000 BGN
604,558.67 PRARE
Exchange 1000 BGN for 604,558.67 PRARE
2000 BGN
1,209,117.35 PRARE
Exchange 2000 BGN for 1,209,117.35 PRARE
5000 BGN
3,022,793.36 PRARE
Exchange 5000 BGN for 3,022,793.36 PRARE
10000 BGN
6,045,586.73 PRARE
Exchange 10000 BGN for 6,045,586.73 PRARE
50000 BGN
30,227,933.64 PRARE
Exchange 50000 BGN for 30,227,933.64 PRARE
100000 BGN
60,455,867.28 PRARE
Exchange 100000 BGN for 60,455,867.28 PRARE
In the table above, you'll find a comprehensive BGN to PRARE converter that shows the value of Bulgarian Lev in POLKARARE across commonly used conversion amounts. The list covers conversions from 1 BGN to PRARE, all the way up to 100000 BGN, providing a clear view of their respective values.

PRARE to BGN chart

PRARE/BGN: 1 PRARE = 0.001654 BGN; 2025/11/17 04:22:49
In the past 1D, POLKARARE has changed -16.96% to BGN. Based on the trend and price charts, POLKARARE(PRARE) has changed -16.96% to BGN while Bulgarian Lev(BGN) has changed % to PRARE in the last 24 hours.
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PRARE to BGN conversion data: Volatility and price changes of POLKARARE in BGN

The highest POLKARARE price in BGN over the past 7 days was 0.001828 BGN while the lowest POLKARARE price in BGN over the past 7 days was 0.001155 BGN. The relative change between the highs and lows in POLKARARE price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PRARE 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
0.001827 BGN
0.001828 BGN
0.002327 BGN
0.002666 BGN
Low
0.001307 BGN
0.001155 BGN
0.001155 BGN
0.001155 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
-16.96%
-10.16%
-24.60%
-23.16%

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POLKARARE information

PRARE to BGN market statistics

PRARE/BGN:
лв0.001654
PRARE 24h volume:
лв19,886.36
PRARE market cap:
лв18,829.03
PRARE circulating supply:
11.38M PRARE

Current PRARE to BGN exchange rate

POLKARARE to Bulgarian Lev is falling this week.
POLKARARE's current market price is лв0.001654 per PRARE, with a total market cap of лв18,829.03 BGN based on a circulating supply of 11,383,253 PRARE. The trading volume of POLKARARE has changed by -0.15% (лв-29.97 BGN) in the last 24 hours. Last trading day, PRARE's trading volume was лв19,916.34.

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

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How to convert PRARE to BGN

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PRARE to BGN Conversion tables

The exchange rate of POLKARARE is decreasing.
The exchange rate of 1 PRARE to Bulgarian Lev has changed by -10.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -16.96%, reaching a high of 0.001827 BGN and a low of 0.001307 BGN . One month ago, the value of 1 PRARE was лв0.002145 BGN , which represents a -24.60% change from its current value. Over the last year, POLKARARE has changed by
-лв
0.002378BGN
, resulting in a change of -61.23% in its value.
24 hours ago1 month ago1 year ago
Amount 04:22 am today 24 hours ago 24h change
0.5 PRARE
лв0.0008270лв0.0009808
-16.96%
1 PRARE
лв0.001654лв0.001962
-16.96%
5 PRARE
лв0.008270лв0.009808
-16.96%
10 PRARE
лв0.01654лв0.01962
-16.96%
50 PRARE
лв0.08270лв0.09808
-16.96%
100 PRARE
лв0.1654лв0.1962
-16.96%
500 PRARE
лв0.8270лв0.9808
-16.96%
1000 PRARE
лв1.65лв1.96
-16.96%

PRARE to BGN FAQ

How much is 1 POLKARARE in BGN?
Right now, the price of 1 POLKARARE (PRARE) in Bulgarian Lev (BGN) is лв0.001654.
How much PRARE can I buy for 1 BGN?
Based on the current exchange rate, you can get 604.56 PRARE for 1 BGN.
How do I calculate or convert PRARE to BGN?
You can use our PRARE to BGN calculator at the top of this page to convert any amount of PRARE to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 3,022.79 PRARE, while 5 PRARE will cost around 0.008270BGN.
What is the highest price of PRARE/BGN in history?
The all-time high price of 1 PRARE in BGN is лв2.36. It remains to be seen if the value of 1 PRARE/BGN will exceed the current all-time high.
What is the price trend of POLKARARE in BGN?
Over the past 7 days, the exchange rate of POLKARARE (PRARE) has gone down by 10.16%.   Over the last month, the exchange rate of POLKARARE (PRARE) has gone down by 24.60% against Bulgarian Lev (BGN).

What factors influence the conversion rate of PRARE to BGN?

There are many factors that affect the relationship between POLKARARE 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 PRARE/BGN. When there is positive news in the market about the widespread adoption of PRARE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRARE/BGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRARE/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 PRARE/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 POLKARARE 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 POLKARARE currency pairs: PRARE to US Dollar (USD), PRARE to Euro (EUR), PRARE to Pound Sterling (GBP), PRARE to Canadian Dollar (CAD), PRARE to Indian Rupee (INR), PRARE to Pakistani Rupee (PKR), PRARE to Brazilian Real (BRL), PRARE to…
The price of POLKARARE in the US is $0.0009832 USD. Additionally, POLKARARE’s price is €0.0008468 EUR in the eurozone, £0.0007468 GBP in the UK, C$0.001379 CAD in Canada, ₹0.08720 INR in India, ₨0.2774 PKR in Pakistan, R$0.005207 BRL in Brazil, and more.
The most popular POLKARARE currency pair is the PRARE to Bulgarian Lev(BGN). The price of 1 POLKARARE (PRARE) in Bulgarian Lev (BGN) is лв0.001654.

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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.