Convert Bulgarian Lev to Salvadoran Colón
Please provide values below to convert Bulgarian Lev [BGN] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Bulgarian Lev.
How to Convert Bulgarian Lev to Salvadoran Colón
1 BGN = 0.190814997216614 SVC
Example: convert 15 BGN to SVC:
15 BGN = 15 × 0.190814997216614 SVC = 2.86222495824921 SVC
Bulgarian Lev to Salvadoran Colón Conversion Table
| Bulgarian Lev | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.