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 0.6754 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

1 INIT is currently valued at 0.6754 BGN, which means buying 5 INIT would cost 3.38 BGN. Similarly, лв1 BGN can be converted to 1.48 INIT, and лв50 BGN can be converted to 7.4 INIT, excluding any platform or gas fees.

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Convert INIT to BGN

Convert BGN to INIT

Initia

Bulgarian Lev

1 INIT

0.6754 BGN

Exchange 1 INIT for 0.6754 BGN

2 INIT

1.35 BGN

Exchange 2 INIT for 1.35 BGN

5 INIT

3.38 BGN

Exchange 5 INIT for 3.38 BGN

10 INIT

6.75 BGN

Exchange 10 INIT for 6.75 BGN

20 INIT

13.51 BGN

Exchange 20 INIT for 13.51 BGN

50 INIT

33.77 BGN

Exchange 50 INIT for 33.77 BGN

100 INIT

67.54 BGN

Exchange 100 INIT for 67.54 BGN

200 INIT

135.09 BGN

Exchange 200 INIT for 135.09 BGN

500 INIT

337.72 BGN

Exchange 500 INIT for 337.72 BGN

1000 INIT

675.44 BGN

Exchange 1000 INIT for 675.44 BGN

5000 INIT

3,377.22 BGN

Exchange 5000 INIT for 3,377.22 BGN

10000 INIT

6,754.43 BGN

Exchange 10000 INIT for 6,754.43 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

1.48 INIT

Exchange 1 BGN for 1.48 INIT

10 BGN

14.81 INIT

Exchange 10 BGN for 14.81 INIT

50 BGN

74.03 INIT

Exchange 50 BGN for 74.03 INIT

100 BGN

148.05 INIT

Exchange 100 BGN for 148.05 INIT

200 BGN

296.1 INIT

Exchange 200 BGN for 296.1 INIT

500 BGN

740.25 INIT

Exchange 500 BGN for 740.25 INIT

1000 BGN

1,480.51 INIT

Exchange 1000 BGN for 1,480.51 INIT

2000 BGN

2,961.02 INIT

Exchange 2000 BGN for 2,961.02 INIT

5000 BGN

7,402.55 INIT

Exchange 5000 BGN for 7,402.55 INIT

10000 BGN

14,805.1 INIT

Exchange 10000 BGN for 14,805.1 INIT

50000 BGN

74,025.48 INIT

Exchange 50000 BGN for 74,025.48 INIT

100000 BGN

148,050.96 INIT

Exchange 100000 BGN for 148,050.96 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 = 0.6754 BGN; 2025/08/03 18:10:26

In the past 1D, Initia has changed +4.66% to BGN. Based on the trend and price charts, Initia(INIT) has changed +4.66% 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 0.8802 BGN while the lowest Initia price in BGN over the past 7 days was 0.6558 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	0.8063 BGN	0.8802 BGN	1.86 BGN	2.44 BGN
Low	0.7398 BGN	0.6558 BGN	0.6558 BGN	0.6558 BGN
Average	0 BGN	0 BGN	0 BGN	0 BGN
Volatility	%	%	%	%
Change	+4.66%	-6.97%	-54.12%	-27.46%

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Initia information

INIT to BGN market statistics

INIT/BGN:

лв0.6754

INIT 24h volume:

лв118,121,302.08

INIT market cap:

лв109,031,939.16

INIT circulating supply:

161.42M INIT

Current INIT to BGN exchange rate

Initia to Bulgarian Lev is falling this week.

Initia's current market price is лв0.6754 per INIT, with a total market cap of лв109,031,939.16 BGN based on a circulating supply of 161,422,820 INIT. The trading volume of Initia has changed by +50.45% (лв39,611,077.6 BGN) in the last 24 hours. Last trading day, INIT's trading volume was лв78,510,224.48.

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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Popular Initia Converter

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1 INIT to NT$11.88 TWD

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1 INIT to $0.3998 USD

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1 INIT to €0.3449 EUR

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1 INIT to C$0.5517 CAD

INIT to BGN

1 INIT to лв0.6754 BGN

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1 INIT to ₩555.32 KRW

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1 INIT to ¥58.92 JPY

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1 INIT to £0.3010 GBP

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1 INIT to R$2.22 BRL

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1 ADA to лв1.23 BGN

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1 ALPACA to лв0.04882 BGN

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1 XLM to лв0.6755 BGN

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1 M to лв0.7271 BGN

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1 TROLL to лв0.1518 BGN

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1 SPX to лв2.77 BGN

INIT to BGN Conversion tables

The exchange rate of Initia is decreasing.

The exchange rate of 1 INIT to Bulgarian Lev has changed by -6.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.66%, reaching a high of 0.8063 BGN and a low of 0.7398 BGN . One month ago, the value of 1 INIT was лв1.61 BGN , which represents a -54.12% change from its current value. Over the last year, Initia has changed by

+лв

0.7915BGN

, resulting in a change of -27.46% in its value.

24 hours ago1 month ago1 year ago

Amount	18:10 today	24 hours ago	24h change
0.5 INIT	лв0.3377	лв0.3201	+4.66%
1 INIT	лв0.6754	лв0.6402	+4.66%
5 INIT	лв3.38	лв3.2	+4.66%
10 INIT	лв6.75	лв6.4	+4.66%
50 INIT	лв33.77	лв32.01	+4.66%
100 INIT	лв67.54	лв64.02	+4.66%
500 INIT	лв337.72	лв320.11	+4.66%
1000 INIT	лв675.44	лв640.23	+4.66%

INIT to BGN FAQ

How much is 1 Initia in BGN?

Right now, the price of 1 Initia (INIT) in Bulgarian Lev (BGN) is лв0.6754.

How much INIT can I buy for 1 BGN?

Based on the current exchange rate, you can get 1.48 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 7.4 INIT, while 5 INIT will cost around 3.38BGN.

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

The all-time high price of 1 INIT in BGN is лв2.44. 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 6.97%. Over the last month, the exchange rate of Initia (INIT) has gone down by 54.12% 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	$114,055.7	€98,407.26	C$157,408.27	₨31,865,246.44	₹9,941,995.85	£85,861.13	R$632,073.88
ETH	$3,486.86	€3,008.46	C$4,812.22	₨974,170.8	₹303,942.48	£2,624.91	R$19,323.49
XRP	$2.91	€2.51	C$4.01	₨812.76	₹253.58	£2.19	R$16.12
SOL	$161.96	€139.74	C$223.52	₨45,249.59	₹14,117.93	£121.93	R$897.56
PI	$0.3639	€0.3140	C$0.5023	₨101.68	₹31.72	£0.2740	R$2.02
TRUMP	$8.82	€7.61	C$12.18	₨2,464.87	₹769.04	£6.64	R$48.89
DOGE	$0.1994	€0.1720	C$0.2751	₨55.7	₹17.38	£0.1501	R$1.1
SHIB	$0.{4}1221	€0.{4}1053	C$0.{4}1684	₨0.003410	₹0.001064	£0.{5}9188	R$0.{4}6764
PEPE	$0.{4}1045	€0.{5}9016	C$0.{4}1442	₨0.002920	₹0.0009109	£0.{5}7867	R$0.{4}5791
XLM	$0.3989	€0.3442	C$0.5505	₨111.45	₹34.77	£0.3003	R$2.21
LUNA	$0.1525	€0.1316	C$0.2104	₨42.6	₹13.29	£0.1148	R$0.8450
XCN	$0.01459	€0.01259	C$0.02013	₨4.08	₹1.27	£0.01098	R$0.08084

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 $0.3998 USD. Additionally, Initia’s price is €0.3449 EUR in the eurozone, £0.3010 GBP in the UK, C$0.5517 CAD in Canada, ₹34.85 INR in India, ₨111.69 PKR in Pakistan, R$2.22 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 лв0.6754.

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