Today's USD to BGN Price Update

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Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and the Bulgarian Lev (BGN), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Bulgarian Lev (BGN) is the official currency of Bulgaria. The exchange rate between them reflects market conditions and economic relationships between the United States and Bulgaria.

Today’s Price

  • 1 USD = 1.62 BGN
  • 24h High: 1.6789 BGN
  • 24h Low: 1.6770 BGN

Market Analysis

Recent USD/BGN price movement shows volatility within a narrow range. Technical analysis indicates mixed signals in the near term.

  • Technical levels: The 200-day Simple Moving Average (SMA) is expected to decline in the coming month, with forecasts suggesting the pair may approach 1.67 BGN by February 4, 2026
  • Short-term focus: Monitor the 50-day SMA for directional cues
  • Trading signals: Current technical indicators present mixed buy/sell opportunities, requiring careful analysis before entry

Conclusion

Continue to monitor the USD/BGN pair closely, integrating technical indicators and moving averages with real-time market data. Traders should pay attention to key moving average levels and potential support/resistance zones to identify optimal entry and exit points.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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