The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Bulgaria can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Bulgaria bank accounts or pay a Bulgarian lev invoice.
GBP to BGN Market Data
British pound (GBP) to Bulgarian lev (BGN) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell GBP →
Buy BGN
1 GBP = 2.2928 BGN
▲+0.1% since yesterday
GBP to BGN at 2.2928 is just below its 3-month average, having traded in a quite stable 4.1% range from 2.2585 to 2.3503
Is the GBP to BGN Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Bulgarian lev is to review how the GBP/BGN rate has changed over time.
The table below shows the percentage change in the GBP to BGN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
GBP/BGN
Change
Period
07 Jul 2023
2.2908
1.4% ▼
2 Week
22 Apr 2023
2.2163
1.9% ▲
3 Month
21 Jul 2022
2.2956
1.6% ▼
1 Year
22 Jul 2018
2.1918
3.1% ▲
5 Year
23 Jul 2013
2.2774
0.8% ▼
10 Year
26 Jul 2003
2.7557
18% ▼
20 Year
GBP/BGN historic rates & change to 21-Jul-2023
GBP to BGN Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Bulgarian lev across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to BGN?
The best GBP to BGN exchange rate is 2.2824 from Wise. This is -0.45% compared to the mid-market rate 2.2928.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Bulgarian lev (BGN) rates from different sources before making a conversion.
The above
Sterling to Lev comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest GBP-BGN mid-rate and the possible savings of using various providers.
How do GBP-BGN rates compare between providers?
Looking at the full
GBP to BGN - Send Money comparison table the provider with the best GBP to BGN exchange rate is Wise at 2.2824, -0.45% from the latest mid-market rate 2.2928.
The next best is XE at 2.279, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.