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PAR to BGN Converter and calculator

PAR/BGN: 1 PAR = 2.04 BGN. The price of converting 1 Parallel (PAR) to Bulgarian Lev (BGN) is 2.04 BGN today.
PAR
PAR
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PAR to BGN real-time exchange rates, making it easy to convert Parallel (PAR) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 PAR is currently valued at 2.04 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PAR is currently valued at 2.04 BGN, which means buying 5 PAR would cost 10.22 BGN. Similarly, лв1 BGN can be converted to 0.4892 PAR, and лв50 BGN can be converted to 2.45 PAR, excluding any platform or gas fees.

Convert PAR to BGN

Convert BGN to PAR

Parallel
Bulgarian Lev
1 PAR
2.04  BGN
Exchange 1 PAR for 2.04 BGN
2 PAR
4.09  BGN
Exchange 2 PAR for 4.09 BGN
5 PAR
10.22  BGN
Exchange 5 PAR for 10.22 BGN
10 PAR
20.44  BGN
Exchange 10 PAR for 20.44 BGN
20 PAR
40.88  BGN
Exchange 20 PAR for 40.88 BGN
50 PAR
102.21  BGN
Exchange 50 PAR for 102.21 BGN
100 PAR
204.42  BGN
Exchange 100 PAR for 204.42 BGN
200 PAR
408.83  BGN
Exchange 200 PAR for 408.83 BGN
500 PAR
1,022.08  BGN
Exchange 500 PAR for 1,022.08 BGN
1000 PAR
2,044.16  BGN
Exchange 1000 PAR for 2,044.16 BGN
5000 PAR
10,220.82  BGN
Exchange 5000 PAR for 10,220.82 BGN
10000 PAR
20,441.64  BGN
Exchange 10000 PAR for 20,441.64 BGN
In the table above, you'll find a comprehensive PAR to BGN converter that shows the value of Parallel in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 PAR to BGN, all the way up to 10000 PAR, providing a clear view of their respective values.
Bulgarian Lev
Parallel
1 BGN
0.4892 PAR
Exchange 1 BGN for 0.4892 PAR
10 BGN
4.89 PAR
Exchange 10 BGN for 4.89 PAR
50 BGN
24.46 PAR
Exchange 50 BGN for 24.46 PAR
100 BGN
48.92 PAR
Exchange 100 BGN for 48.92 PAR
200 BGN
97.84 PAR
Exchange 200 BGN for 97.84 PAR
500 BGN
244.6 PAR
Exchange 500 BGN for 244.6 PAR
1000 BGN
489.2 PAR
Exchange 1000 BGN for 489.2 PAR
2000 BGN
978.39 PAR
Exchange 2000 BGN for 978.39 PAR
5000 BGN
2,445.99 PAR
Exchange 5000 BGN for 2,445.99 PAR
10000 BGN
4,891.97 PAR
Exchange 10000 BGN for 4,891.97 PAR
50000 BGN
24,459.87 PAR
Exchange 50000 BGN for 24,459.87 PAR
100000 BGN
48,919.75 PAR
Exchange 100000 BGN for 48,919.75 PAR
In the table above, you'll find a comprehensive BGN to PAR converter that shows the value of Bulgarian Lev in Parallel across commonly used conversion amounts. The list covers conversions from 1 BGN to PAR, all the way up to 100000 BGN, providing a clear view of their respective values.

PAR to BGN chart

PAR/BGN: 1 PAR = 2.04 BGN; 2025/11/18 02:39:09
In the past 1D, Parallel has changed -1.51% to BGN. Based on the trend and price charts, Parallel(PAR) has changed -1.51% to BGN while Bulgarian Lev(BGN) has changed % to PAR in the last 24 hours.
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PAR to BGN conversion data: Volatility and price changes of Parallel in BGN

The highest Parallel price in BGN over the past 7 days was 2.11 BGN while the lowest Parallel price in BGN over the past 7 days was 2.01 BGN. The relative change between the highs and lows in Parallel price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and PAR 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
2.1 BGN
2.11 BGN
2.11 BGN
2.65 BGN
Low
2.02 BGN
2.01 BGN
1.77 BGN
1.34 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
-1.51%
-2.46%
+15.25%
+21.04%

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

PAR to BGN market statistics

PAR/BGN:
лв2.04
PAR 24h volume:
--
PAR market cap:
--
PAR circulating supply:
0 PAR

Current PAR to BGN exchange rate

Parallel to Bulgarian Lev is falling this week.
Parallel's current market price is лв2.04 per PAR, with a total market cap of лв0 BGN based on a circulating supply of -- PAR. The trading volume of Parallel has changed by -100.00% (лв-- BGN) in the last 24 hours. Last trading day, PAR's trading volume was лв--.

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

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How to convert PAR to BGN

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PAR to BGN Conversion tables

The exchange rate of Parallel is increasing.
The exchange rate of 1 PAR to Bulgarian Lev has changed by -2.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.51%, reaching a high of 2.1 BGN and a low of 2.02 BGN . One month ago, the value of 1 PAR was лв1.77 BGN , which represents a +15.25% change from its current value. Over the last year, Parallel has changed by
+лв
0.6095BGN
, resulting in a change of +42.48% in its value.
24 hours ago1 month ago1 year ago
Amount 02:39 am today 24 hours ago 24h change
0.5 PAR
лв1.02лв1.04
-1.51%
1 PAR
лв2.04лв2.08
-1.51%
5 PAR
лв10.22лв10.38
-1.51%
10 PAR
лв20.44лв20.75
-1.51%
50 PAR
лв102.21лв103.77
-1.51%
100 PAR
лв204.42лв207.55
-1.51%
500 PAR
лв1,022.08лв1,037.73
-1.51%
1000 PAR
лв2,044.16лв2,075.45
-1.51%

PAR to BGN FAQ

How much is 1 Parallel in BGN?
Right now, the price of 1 Parallel (PAR) in Bulgarian Lev (BGN) is лв2.04.
How much PAR can I buy for 1 BGN?
Based on the current exchange rate, you can get 0.4892 PAR for 1 BGN.
How do I calculate or convert PAR to BGN?
You can use our PAR to BGN calculator at the top of this page to convert any amount of PAR to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 2.45 PAR, while 5 PAR will cost around 10.22BGN.
What is the highest price of PAR/BGN in history?
The all-time high price of 1 PAR in BGN is лв13.51. It remains to be seen if the value of 1 PAR/BGN will exceed the current all-time high.
What is the price trend of Parallel in BGN?
Over the past 7 days, the exchange rate of Parallel (PAR) has gone down by 2.46%.   Over the last month, the exchange rate of Parallel (PAR) has gone up by 15.25% against Bulgarian Lev (BGN).

What factors influence the conversion rate of PAR to BGN?

There are many factors that affect the relationship between Parallel 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 PAR/BGN. When there is positive news in the market about the widespread adoption of PAR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PAR/BGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PAR/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 PAR/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 Parallel 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 Parallel currency pairs: PAR to US Dollar (USD), PAR to Euro (EUR), PAR to Pound Sterling (GBP), PAR to Canadian Dollar (CAD), PAR to Indian Rupee (INR), PAR to Pakistani Rupee (PKR), PAR to Brazilian Real (BRL), PAR to…
The price of Parallel in the US is $1.21 USD. Additionally, Parallel’s price is €1.04 EUR in the eurozone, £0.9208 GBP in the UK, C$1.7 CAD in Canada, ₹107.33 INR in India, ₨341.38 PKR in Pakistan, R$6.46 BRL in Brazil, and more.
The most popular Parallel currency pair is the PAR to Bulgarian Lev(BGN). The price of 1 Parallel (PAR) in Bulgarian Lev (BGN) is лв2.04.

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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.