BGN to EUR Exchange Rate - Convert Bulgarian Lev to Euro

Converting from Bulgarian Lev (BGN) to Euro (EUR)

What is Bulgarian Lev (BGN)

The Bulgarian Lev (BGN) is the official currency of Bulgaria. Introduced in 1880, the Lev has undergone several changes before arriving at its current form. The currency's name is derived from the Lev, which was a lion in the historical context of Bulgarian money. One Lev is subdivided into 100 stotinki, making it easier to manage smaller transactions.

The Bulgarian Lev is fixed to the Euro through a currency board arrangement, which means that its exchange rate is firmly pegged. As a result, the Lev tends to be more stable compared to other currencies. This fixed exchange rate helps to minimize currency fluctuation risks for businesses and individuals who may need to convert their money for travel or trade.

The Central Bank of Bulgaria (Bulgarian National Bank) is responsible for issuing and managing the Lev. It ensures that the currency maintains its value and provides stability in the financial system. In everyday use, you will find both paper banknotes and coins representing the Lev. While the Lev is primarily used within Bulgaria, it is also recognized within the neighboring countries, although not officially.

What is Euro (EUR)

The Euro (EUR) is the official currency used by 19 of the 27 member countries of the European Union, making it one of the most widely used currencies in the world. Launched in 1999, the Euro was designed to facilitate trade and economic cooperation among its member states by providing a single currency. The Euro is divided into 100 cents and is represented by the € symbol.

The Eurozone, the group of countries that use the Euro, includes nations such as Germany, France, Spain, and Italy, among others. This shared currency not only simplifies transactions within these countries but also promotes stronger economic ties and stability across Europe. The European Central Bank (ECB) manages the Euro, aiming to ensure price stability and a positive economic environment for member nations.

One significant advantage of the Euro is that it eliminates exchange rate risks for travelers and businesses operating within the Eurozone. When converting from BGN to EUR, citizens can benefit from more predictable pricing, as well as easier online purchases and investments.

Conclusion

For anyone looking to convert Bulgarian Lev (BGN) to Euro (EUR), it is essential to understand both currencies' implications on exchange rates and economic stability. With Bulgaria's fixed exchange rate to the Euro, the transition between these currencies is relatively straightforward. Whether you are traveling, investing, or conducting business, understanding the value of BGN compared to EUR can make financial decisions easier and more informed. To convert amounts, you can use current exchange rate data, generally available through banks or currency exchange services. Remember, the formula for conversion is simple:

Amount in EUR = Amount in BGN × Exchange Rate (BGN to EUR)

Staying informed is the key to making the most out of your currency conversions.

Bulgarian Lev to Euro conversion table

BGN to EUR conversion table

Bulgarian Lev (BGN)Euro (EUR)
1 BGN0.51067944383 EUR
2 BGN1.02135888767 EUR
3 BGN1.5320383315 EUR
4 BGN2.04271777533 EUR
5 BGN2.55339721917 EUR
6 BGN3.064076663 EUR
7 BGN3.57475610683 EUR
8 BGN4.08543555067 EUR
9 BGN4.5961149945 EUR
10 BGN5.10679443834 EUR
100 BGN51.06794438335 EUR
200 BGN102.1358887667 EUR
300 BGN153.20383315006 EUR
400 BGN204.27177753341 EUR
500 BGN255.33972191676 EUR
600 BGN306.40766630011 EUR
700 BGN357.47561068347 EUR
800 BGN408.54355506682 EUR
900 BGN459.61149945017 EUR
1 000 BGN510.67944383352 EUR
2 000 BGN1 021.35888766704 EUR
5 000 BGN2 553.39721916761 EUR
10 000 BGN5 106.79443833522 EUR
20 000 BGN10 213.58887667044 EUR
50 000 BGN25 533.97219167609 EUR
100 000 BGN51 067.94438335219 EUR
Last updated April 7, 2025 at 11:59 PM