INFORMATION ABOUT BULGARIAN LEV
We show the updated today’s value/price of Bulgarian lev (BGN).You can get the exchange from Bulgarian lev to another currency by introducing the value or amount of Bulgarian lev (BGN) in the box and clicking the convert button. This way you can get the Bulgarian lev’s price in relation to other currencies.
INTRODUCTION TO THE BULGARIAN LEV
The Bulgarian lev was introduced in 1881, as official currency of Bulgaria; it has the same value as French franc. During 1940, because of the German invasion, the lev was linked to reichsmark or Deutsche state mark. In 1944, when the Soviet Union occupied Bulgaria, the lev was linked to the Russian rouble (RUR). From 1945 to 1952 it was linked to U.S. dollar. In 1952 appeared the second lev which was used until 1962 when the third series was introduced, linked in parity to the Deutsche mark. In 1999 the present lev is introduced. It is used by approximately 7 million two hundred thousand people. You can check the today value of Bulgarian lev and check its price.
Because of the substitution of the Deutsche mark by the euro (EUR) since January, 1st, 2002, the Bulgarian lev (BGN) maintained fixed its exchange rate in respect of euro (EUR) with a rate of 1,95583 lev = 1 euro. Euro is expected to replace the lev in 2015.
The Българска народна банка (National Bank of Bulgaria) is an organization which principal goal is maintain price stability ensuring national stability. It also aims to support creation and functioning of efficient payment systems, and regulate and supervise the other banks in Bulgaria to ensure the stability of the banking system and protect the interests of depositors. Since March 1st, 2007, with the access from Bulgaria to the European Union, the Bank is a membership of the European System of Central Banks.
Countries that use the currency: Bulgaria
Name: BULGARIAN LEV
Bills: 1, 2, 5, 10, 20, 50, 100 lev
Coins: stotinka = 1/100 of one lev, 1, 2, 5, 10, 20, 50 stotinki; 1 lev
Issuing Agent: National Bank of Bulgaria Web: http://www.bnb.bg/