Convert Czech Republic Koruna to Bulgarian Lev
Please provide values below to convert Czech Republic Koruna [CZK] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Bulgarian Lev
1 CZK = 12.5911489565843 BGN
Example: convert 15 CZK to BGN:
15 CZK = 15 × 12.5911489565843 BGN = 188.867234348765 BGN
Czech Republic Koruna to Bulgarian Lev Conversion Table
Czech Republic Koruna | Bulgarian Lev |
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Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
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.