Convert Euro to Bulgarian Lev
Please provide values below to convert Euro [EUR] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Euro.
How to Convert Euro to Bulgarian Lev
1 EUR = 0.511333653154234 BGN
Example: convert 15 EUR to BGN:
15 EUR = 15 × 0.511333653154234 BGN = 7.6700047973135 BGN
Euro to Bulgarian Lev Conversion Table
| Euro | Bulgarian Lev |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.