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What is BGN?

Bulgarian Lev - BGN.

What is BGN? It's Bulgarian lev, лв.

Currency of Bulgaria.

Banknotes and coins of Bulgarian currency.

Bulgarian lev

The Bulgarian Lev is the currency of the Balkan country Bulgaria. The currency symbol for Leva is лв. It can be written as Lv. Bulgarian lev is divided into 100 stotinki. Merrypenny currency rankings show that the most popular Bulgaria Lev exchange rate is the euro to lev rate.

Currency fact sheet

Bulgarian lev fact sheet.
Name Bulgarian lev
ISO 4217 code BGN
Sign лв
Symbol лв
Coin 1, 2, 5, 10, 20 & 50 stotinki, 1 lev
Banknote 2, 5, 10, 20, 50 & 100 leva
Central bank Bulgarian National Bank
Nickname Левът, lev – kint, 1,000 leva – bon, stotinka – kamuk, money – mangizi.

More about...

More about the Bulgarian lev.

The Bulgarian name lev comes from the archaic Bulgarian word for lion. The lev was accepted as a Bulgarian currency in 1880 after the country’s liberation from the reign of the Ottoman empire. At the beginning it was not accepted well by Bulgarians. The reason was that During the Ottoman reign and the revolution that followed the generally known currency was gold coins and Russian rublas. The people were distrusting paper money. After the fall of communism, the Bulgarian money was pegged with the Deutsche mark (DEM) at a rate of 1,000 lev to 1 mark in order to stem inflation and currency devaluation. A third and final redenomination took place in 1999, with the current lev replacing the last at a rate of 1,000 to 1, making it equivalent to 1 mark. With the replacement of the Deutsche mark with the euro, lev's peg has effectively been set at 1.95583 lev = 1 euro, the Deutsche mark's fixed exchange rate with the euro. Money in Bulgaria is also known as the "Bulgarian leva".

Bulgarian lev.

Bulgarian 10 lev silver coin with the icon of St. George Zograph, preserved in Zograph Monastery on Mount Athos. This is part of the series of coins "Bulgarian churches and monasteries."

Bulgarian money.

The Bulgarian people were distrusting paper money.

Exchange rates

What is the Bulgarian lev rate today?

  1. BGN to AUD
  2. BGN to BRL
  3. BGN to CAD
  4. BGN to CHF
  5. BGN to CNY
  6. BGN to CZK
  7. BGN to DKK
  8. BGN to EUR
  9. BGN to GBP
  10. BGN to HKD
  11. BGN to HRK
  12. BGN to HUF
  13. BGN to IDR
  14. BGN to ILS
  15. BGN to INR
  16. BGN to JPY
  17. BGN to KRW
  18. BGN to MXN
  19. BGN to MYR
  20. BGN to NOK
  21. BGN to NZD
  22. BGN to PHP
  23. BGN to PLN
  24. BGN to RON
  25. BGN to RUB
  26. BGN to SEK
  27. BGN to SGD
  28. BGN to THB
  29. BGN to TRY
  30. BGN to USD
  31. BGN to ZAR

Bulgarian central bank

The Bulgarian National Bank is the central bank of the Republic of Bulgaria with its headquarters in Sofia. The Bulgarian central bank has been established on 25 January 1879. It is an independent institution responsible for issuing all banknotes and coins in the country, overseeing and regulating the banking sector and keeping the government's currency reserves. The Bulgarian National Bank is also the sole owner of the Bulgarian Mint.

The major objective of the central bank of Bulgaria is to maintain price stability by ensuring the stability of the national currency. The Bank supports the creation and functioning of efficient payment systems and exerts oversight over these. It is the only issuing institution in Bulgaria and maintains the cash cycle. The central bank of Bulgari shall regulate and supervise other activities of the banks in this country for the purpose of ensuring the stability of the banking system and protecting depositors’ interests. The Bulgarian National Bank carries out research work, compiles, aggregates and analyses statistical data.

Converters and rates

Easy to use currency converters and fresh exchange rates every weekday.

What is BGN? Find out more facts and information on bulgarian currency online.

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