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 BGN2.09185588186 ILS
2 BGN4.18371176373 ILS
3 BGN6.27556764559 ILS
4 BGN8.36742352746 ILS
5 BGN10.45927940932 ILS
6 BGN12.55113529119 ILS
7 BGN14.64299117305 ILS
8 BGN16.73484705492 ILS
9 BGN18.82670293678 ILS
10 BGN20.91855881864 ILS
100 BGN209.18558818644 ILS
200 BGN418.37117637288 ILS
300 BGN627.55676455932 ILS
400 BGN836.74235274576 ILS
500 BGN1 045.9279409322 ILS
600 BGN1 255.11352911864 ILS
700 BGN1 464.29911730508 ILS
800 BGN1 673.48470549152 ILS
900 BGN1 882.67029367796 ILS
1 000 BGN2 091.8558818644 ILS
2 000 BGN4 183.7117637288 ILS
5 000 BGN10 459.279409322 ILS
10 000 BGN20 918.558818644 ILS
20 000 BGN41 837.11763728801 ILS
50 000 BGN104 592.79409322002 ILS
100 000 BGN209 185.58818644004 ILS
Last updated May 2, 2025 at 11:55 PM