BGN to ILS Exchange Rate - Convert Bulgarian Lev to Israeli Shekel

Converting from Bulgarian Lev (BGN) to Israeli Shekel (ILS)

What is Bulgarian Lev (BGN)

The Bulgarian Lev (BGN) is the official currency of Bulgaria, a country situated in Southeast Europe. The term "Lev" originates from the word "lion" in Bulgarian, which is a nod to historical currency designs featuring the lion symbol. The Lev is subdivided into 100 stotinki.

The Lev replaced the Bulgarian Socialist Lev in 1999, establishing a fixed exchange rate pegged to the Euro. Using the Lev in financial transactions is essential for both locals and tourists as it facilitates daily purchases. The currency is typically denoted by the symbol лв.

BGN is used for various economic activities, including trade, savings, and investment. With Bulgaria being a member of the European Union since 2007, the Lev benefits from economic stability, though it has not adopted the Euro yet. When engaging in currency conversion, it is crucial to be aware of the exchange rates, which can vary based on market conditions.

What is Israeli Shekel (ILS)

The Israeli Shekel (ILS) is the official currency of Israel and is subdivided into 100 agorot. The Shekel has undergone various transformations throughout history, with the name "Shekel" being used as early as 3,000 years ago in the ancient Middle East. Today’s Shekel is known for its stability and is widely accepted in Israel and recognized in some neighboring countries.

The current form of the Shekel has been in use since 1985, following a series of economic reforms to stabilize the currency. The Shekel is designated by the symbol ₪. It plays a vital role in Israel's economy, influencing prices, trade, and financial markets. The currency is characterized by its flexibility in exchange rates in comparison to other global currencies.

When converting BGN to ILS, one must keep in mind the current exchange rate, which fluctuates due to various economic factors. As of the latest data, the exchange rate is determined by both supply and demand in addition to government monetary policies. It's advisable to check reliable forex platforms or financial news outlets for up-to-date conversion rates to ensure accurate transactions.

Conversion Process

To convert Bulgarian Lev to Israeli Shekels, you can use various methods like online currency converters, banks, or currency exchange offices. Simply multiply the amount in BGN by the current exchange rate to get the equivalent in ILS. For example, if 1 BGN equals 2 ILS, then 100 BGN would convert to 200 ILS.

Understanding how to convert these currencies accurately can help travelers and businesses navigate exchanges effortlessly and make informed financial decisions. Make sure to factor in possible fees when converting currencies, as these can affect the total amount received.

Bulgarian Lev to Israeli Shekel conversion table

BGN to ILS conversion table

Bulgarian Lev (BGN)Israeli Shekel (ILS)
1 BGN2.03344607582 ILS
2 BGN4.06689215165 ILS
3 BGN6.10033822747 ILS
4 BGN8.1337843033 ILS
5 BGN10.16723037912 ILS
6 BGN12.20067645494 ILS
7 BGN14.23412253077 ILS
8 BGN16.26756860659 ILS
9 BGN18.30101468241 ILS
10 BGN20.33446075824 ILS
100 BGN203.34460758239 ILS
200 BGN406.68921516477 ILS
300 BGN610.03382274716 ILS
400 BGN813.37843032955 ILS
500 BGN1 016.72303791193 ILS
600 BGN1 220.06764549432 ILS
700 BGN1 423.4122530767 ILS
800 BGN1 626.75686065909 ILS
900 BGN1 830.10146824148 ILS
1 000 BGN2 033.44607582386 ILS
2 000 BGN4 066.89215164773 ILS
5 000 BGN10 167.23037911932 ILS
10 000 BGN20 334.46075823863 ILS
20 000 BGN40 668.92151647727 ILS
50 000 BGN101 672.30379119316 ILS
100 000 BGN203 344.60758238633 ILS
Last updated May 30, 2025 at 11:59 PM