Philippine Peso to Bulgarian Lev

The Philippine peso (international symbol: ₱, code: PHP, number: 608) is the currency of the Philippines that has existed since 1858. One peso is subdivided into 100 sentimos. Contemporary banknotes were developed back in 1969.

Since 1970, the peso exchange rate has been floating, regulated by the Central Bank of the Philippines. The entire money supply is located and used as a legal tender only within the state. The country has an official ban on the export of the national currency. Beginning with the year of 2013 the exchange rate of the Philippine currency against the US dollar has decreased significantly.

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.