Convert Swiss Franc to Bulgarian Lev
Please provide values below to convert Swiss Franc [CHF] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Swiss Franc.
How to Convert Swiss Franc to Bulgarian Lev
1 CHF = 0.476673063084673 BGN
Example: convert 15 CHF to BGN:
15 CHF = 15 × 0.476673063084673 BGN = 7.15009594627009 BGN
Swiss Franc to Bulgarian Lev Conversion Table
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.