Convert Bulgarian Lev to Malaysian Ringgit
Please provide values below to convert Bulgarian Lev [BGN] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Bulgarian Lev.
How to Convert Bulgarian Lev to Malaysian Ringgit
1 BGN = 0.394101243087394 MYR
Example: convert 15 BGN to MYR:
15 BGN = 15 × 0.394101243087394 MYR = 5.91151864631091 MYR
Bulgarian Lev to Malaysian Ringgit Conversion Table
Bulgarian Lev | Malaysian Ringgit |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.