Bulgarian Lev to Euro

The Bulgarian lev (international symbol: BNG, code: 975) is the national currency of Bulgaria. The lev is divided into 100 stotinki. Since 2002 the lev has been pegged to the euro at an exchange rate of 1.

95 lev for 1 euro. Bulgaria has not become part of the Eurozone so far and a complete transition to the European single currency has not yet taken place. The image of a lion on Bulgarian currency appeared in the 13th century. The first currency, called the “lion,” emerged in Bulgaria in 1879 and was in circulation in the country until 1952. The contemporary version appeared in 1999 after redenomination at a rate of 1000: 1.

The euro (sign: €, code: EUR, number: 978) is the official currency of the Eurozone. Presently, the Eurozone comprises 19 EU states and several non-EU microstates and special territories, such as the Vatican or the Republic of Kosovo. The euro has replaced the former accounting currency European Currency Unit (ECU).

The non-cash form of the euro currency came into existence in 1999. Physical euro banknotes and coins entered into circulation in 2002. The European currency is second in international interbank turnover, succumbing only to the US dollar.