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Bulgaria - Bulgarian Lev - Currency Guide

 

Foreign exchange guide to Bulgaria and the Bulgarian Lev (BGN)

       

BGN News, Forecasts and Trends

RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

The below interactive chart shows the USD to BGN exchange rate, trend and recent alerts for the last 90 days.

   
Recent USD to BGN 90-day trend
 
1-DAY0.5% 14-DAY-LO
USD/BGN at 1.7238 was trading 2.6% below AVG:1.7703 with LO:1.7197 and HI:1.8148 (90 days). There are no current rate alerts.

US Dollar to Bulgarian Lev - Historical Rates

USD/BGN rateChangePeriod
06 Jul 2020 : 1.72790.3% ▼1 Week
13 Jun 2020 : 1.73790.9% ▼30 Days
14 Apr 2020 : 1.78063.3% ▼90 Days
14 Jul 2019 : 1.73650.8% ▼1 Year
15 Jul 2015 : 1.78433.5% ▼5 Years
16 Jul 2010 : 1.504514.4% ▲10 Years
USD/BGN 10 year historic rates & changes to 13-Jul-2020 : 1.7219
 

U$1,000 USD
=
1,723 BGN

Converted at USD/BGN wholesale exchange rate, compare foreign transfer and spend/travel exchange rates.

 
 

US Dollar to Bulgarian Lev - Quick Conversions

USD BGN
U$ 1 1.7232
U$ 5 8.6160
U$ 10 17.23
U$ 20 34.46
U$ 50 86.16
U$ 100 172.32
U$ 250 430.80
U$ 500 861.60
U$ 1,000 1,723
U$ 2,000 3,446
U$ 5,000 8,616
U$ 10,000 17,232
U$ 50,000 86,160
U$ 100,000 172,320
More amounts
USD BGN
U$ 0.5803 1
U$ 2.9015 5
U$ 5.8030 10
U$ 11.61 20
U$ 29.02 50
U$ 58.03 100
U$ 145.08 250
U$ 290.15 500
U$ 580.30 1,000
U$ 1,161 2,000
U$ 2,902 5,000
U$ 5,803 10,000
U$ 29,015 50,000
U$ 58,030 100,000
More amounts

Frequently Asked Questions

 

What currency should I use in Bulgaria?

The domestic currency in Bulgaria is the Bulgarian Lev.

What is the Bulgarian Lev currency code and symbol?

The three letter currency code for the Bulgarian Lev is BGN.

Which countries use the Bulgarian Lev?

It is the domestic currency in    Bulgaria.

Is the Bulgarian Lev a closed currency?

No, the Bulgarian Lev is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Bulgaria

The currency is the Lev (lv) and is mostly what is used in Bulgaria so bring a card you can withdraw with on arrival.

Public transport in Bulgaria is inexpensive but often slow and not always clean or comfortable. Travelling by bus (avtobus) is usually the quickest way of getting between major towns and cities. Generally, you can buy tickets (bileti) at the bus station (avtogara) at least an hour in advance when travelling between towns, but on some routes they're only sold when the bus arrives. On rural routes, tickets are often sold by the driver. Taxis must be painted yellow and display their rates on the window. Otherwise it is not uncommon for drivers to claim the meter is not working and overcharge. Dishonest drivers congregate outside airports, train and bus stations and big city centres.

 

Travel money for Bulgaria

Save money and time by Ordering your Bulgarian Lev online from Travelex, you get better rates and can pick up the BGN cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Bulgarian Lev otherwise you may get much worst exchange rates.

 

Sending money to Bulgaria

When searching around for information on how to get a good exchange rate when sending money to Bulgaria you need to start with finding out the latest Bulgarian Lev exchange rate for foreign-transfers, which can be very different to the wholesale rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to Bulgaria

When sending money to Bulgaria it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Bulgarian Lev amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted BGN amount will be transfered to the recipient account you specify in Bulgaria.

Use the above Send to Bulgarian Lev calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Bulgarian Lev deposited into the recipient bank account and less margins and fees kept by the banks!


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