Convert Bulgarian Lev to Euro
Please provide values below to convert Bulgarian Lev [BGN] to Euro [EUR], or Convert Euro to Bulgarian Lev.
How to Convert Bulgarian Lev to Euro
1 BGN = 1.95567022399437 EUR
Example: convert 15 BGN to EUR:
15 BGN = 15 × 1.95567022399437 EUR = 29.3350533599156 EUR
Bulgarian Lev to Euro Conversion Table
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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.
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.