The fourth, and current, lev was first pegged to the Deutsche Mark at 1 lev = 1 Deutsche Mark.
The Bulgarian lev is now pegged to the euro at a rate of 1.95583 leva = 1 euro.
Eventually, Bulgaria will have to adopt the euro but, at present, it doesn’t have a target date to make that a reality. There’s a whole saga behind that ongoing issue.
Name: lev ( лев)
Plural: leva (левa)
Currency code: BGN
Divisions: 1 lev = 100 stotinki (стотинки)
Bulgarian lev – historical exchange rates
BGN per unit.
Rates taken from 1 January of each year.
|Year||1 USD = BGN||1 EUR = BGN||1 GDP = BGN|