Convert Bulgarian Lev to Nigerian Naira
Please provide values below to convert Bulgarian Lev [BGN] to Nigerian Naira [NGN], or Convert Nigerian Naira to Bulgarian Lev.
How to Convert Bulgarian Lev to Nigerian Naira
1 BGN = 0.00108943414166132 NGN
Example: convert 15 BGN to NGN:
15 BGN = 15 × 0.00108943414166132 NGN = 0.0163415121249199 NGN
Bulgarian Lev to Nigerian Naira Conversion Table
| Bulgarian Lev | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.