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base info Reflecto USD

Reflecto USD to Bulgarian Lev Converter and calculator

Convert 1Reflecto USD (RUSD) to Bulgarian Lev (BGN) equals лв 1.69 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Reflecto USD(RUSD) to Bulgarian Lev(BGN). This is the real-time data. The current conversion shows 1 RUSD at a value of 1 RUSD for 1.69 BGN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

BGN 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Reflecto USD currency pair is the RUSD to BGN, with for Reflecto USD's currency code being RUSD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

RUSD to BGN conversion rate trend

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In the past 1D, Reflecto USD has changed -0.57% to BGN. Based on the trend and price charts, Reflecto USD(RUSD) has changed -0.57% to BGN while Bulgarian Lev(BGN) has changed % to RUSD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
лв1.69
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/07 16:34:04(UTC+0)

How to buy Reflecto USD

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Buy Reflecto USD (RUSD)
Use a variety of payment options to buy Reflecto USD on Bitget. We'll show you how.

Buy RUSD (or USDT) for BGN (Bulgarian Lev) offers

Bitget P2P trading does not currently support direct buying of RUSD with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy RUSD with USDT via Bitget spot market.
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Sell RUSD (or USDT) for BGN (Bulgarian Lev) offers

Bitget P2P trading currently does not support direct selling of RUSD to BGN. However, you can first exchange RUSD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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High to low
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What factors influence the conversion rate of Reflecto USD to Bulgarian Lev?

Reflecto USD to Bulgarian Lev is falling this week.
Reflecto USD's current market price is лв 1.69 per RUSD, with a total market cap of лв 0 BGN based on a circulating supply of -- RUSD. The trading volume of Reflecto USD has changed by -100.00% (лв 0 BGN) in the last 24 hours. Last trading day, RUSD's trading volume was лв 0.
Market cap
$0
24h volume
$0
Circulating supply
0 RUSD

Conversion tables

The exchange rate of Reflecto USD is decreasing.
1 RUSD is currently valued at лв 1.69 BGN , which means buying 5 RUSD will cost лв 8.44 BGN . Similarly, лв1 BGN can be traded for 0.5921 RUSD, and лв50 BGN can be converted to 29.6 RUSD, excluding any platform or gas fees.
The exchange rate of 1 RUSD to Bulgarian Lev has changed by -3.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.57%, reaching a high of 1.65 BGN and a low of 1.63 BGN . One month ago, the value of 1 RUSD was лв 1.86 BGN , which represents a -9.46% change from its current value. Over the last year, Reflecto USD has changed by
-лв
0.2480BGN
, resulting in a change of -13.11% in its value.

RUSD to BGN

Amount
17:27 today
0.5 RUSD
лв0.8445
1 RUSD
лв1.69
5 RUSD
лв8.44
10 RUSD
лв16.89
50 RUSD
лв84.45
100 RUSD
лв168.9
500 RUSD
лв844.49
1000 RUSD
лв1,688.98

BGN to RUSD

Amount17:27 today
0.5BGN0.2960  RUSD
1BGN0.5921  RUSD
5BGN2.96  RUSD
10BGN5.92  RUSD
50BGN29.6  RUSD
100BGN59.21  RUSD
500BGN296.04  RUSD
1000BGN592.07  RUSD

Today vs. 24 hours ago

Amount17:27 today24 hours ago24h change
0.5 RUSD$0.4666$0.4692
-0.57%
1 RUSD$0.9332$0.9384
-0.57%
5 RUSD$4.67$4.69
-0.57%
10 RUSD$9.33$9.38
-0.57%
50 RUSD$46.66$46.92
-0.57%
100 RUSD$93.32$93.84
-0.57%
500 RUSD$466.59$469.21
-0.57%
1000 RUSD$933.19$938.43
-0.57%

Today vs. 1 month ago

Amount17:27 today1 month ago1M change
0.5 RUSD$0.4666$0.5140
-9.46%
1 RUSD$0.9332$1.03
-9.46%
5 RUSD$4.67$5.14
-9.46%
10 RUSD$9.33$10.28
-9.46%
50 RUSD$46.66$51.4
-9.46%
100 RUSD$93.32$102.8
-9.46%
500 RUSD$466.59$514.02
-9.46%
1000 RUSD$933.19$1,028.05
-9.46%

Today vs. 1 year ago

Amount17:27 today1 year ago1Y change
0.5 RUSD$0.4666$0.5351
-13.11%
1 RUSD$0.9332$1.07
-13.11%
5 RUSD$4.67$5.35
-13.11%
10 RUSD$9.33$10.7
-13.11%
50 RUSD$46.66$53.51
-13.11%
100 RUSD$93.32$107.02
-13.11%
500 RUSD$466.59$535.1
-13.11%
1000 RUSD$933.19$1,070.19
-13.11%

Reflecto USD price prediction

What will the price of RUSD be in 2025?

Based on RUSD's historical price performance prediction model, the price of RUSD is projected to reach $1.33 in 2025.

What will the price of RUSD be in 2030?

In 2030, the RUSD price is expected to change by -19.00%. By the end of 2030, the RUSD price is projected to reach $2.15, with a cumulative ROI of +130.73%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Reflecto USD and BGN.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Reflecto USD and BGN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Reflecto USD in BGN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.