Canadian Dollar to Bulgarian Lev Exchange Rate

Live Rate

= лв. 1.2650

Refreshing in: 60s | Thu, Jul 16, 04:40PM GMT

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Historical Rate chart of CAD and BGN

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Updated: 16 Jul 2020 16:40:51 UTC

What affects exchange rates between the Canadian dollar and the Bulgarian lev?

The Bulgarian lev (BGN) today is pegged to the euro at a rate of 1.95583 lev to 1 euro. As a result, the CAD/BGN exchange rate depends only on the CAD/EUR exchange rate. If the euro is strengthening, so will the lev, and vice versa.

Canadian Dollar

Owing to the image of a loon on the one-dollar coin, the Canadian dollar (CAD) is sometimes referred to as the “loonie”. Closely tied to the US economy, the CAD accounts for approximately 2% of all global reserves, superseded only by the U.S dollar (USD), the euro (EUR), the yen (JPY), and the Great Britain pound (GBP). With its extreme sensitivity to movements in crude oil and other products, traders often use the CAD to speculate on trends related to these commodities.
Currency:Canadian Dollar
Currency Symbol:$, C$, CAD
Sub unit:cent
Bank notes:$5, $10, $20, $50, $100
Coins:5¢, 10¢, 25¢, $1, $2

Bulgarian lev

Bulgaria joined the EU in 2007, but its currency, the lev, has been pegged to the euro (EUR) since 1997. Bulgaria has wanted to adopt the euro currency since its inception into the EU, and was expected to join the eurozone in 2015, but has been continuously blocked from replacing its currency until it can implement economic reforms. Bulgaria is currently the poorest EU member state, with a GDP at 49% of the EU average.
Currency:Bulgarian lev
Currency Symbol:лв.
Sub unit:stotinki
Bank notes:лв1, стотинки1, стотинки2, стотинки5, стотинки10, стотинки20, стотинки50
Coins: лв2, лв5, лв10, лв20, лв50, лв100

How does the CAD dollar trade against the Bulgarian lev historically?

Throughout history, there have been many different exchange rate regimes in place in Bulgaria. The first edition of the lev was introduced in 1881, and had an equal value to the French franc. During the 1940s, the lev was pegged to the German reichsmark, followed by the Russian ruble during the Soviet Union’s occupation of Bulgaria in 1944. From 1945 to 1952, the Bulgarian lev was pegged to the US dollar a number of times. When the current edition of the lev was introduced in 1995, it was pegged to the euro. It’s assumed that this will remain the case until Bulgaria eventually adopts the euro as its currency. Currently, the Bulgarian lev is trading around 1.27 to the CAD dollar (as of 30 Jan. 2018). The Bulgarian lev (BGN) today is pegged to the euro at a rate of 1.95583 BGN to 1 euro.

Canadian Dollar to the Bulgarian lev for the last 10 years

Jul 2010 Jul 2011 Jul 2012 Jul 2013 Jul 2014 Jul 2015 Jul 2016 Jul 2017 Jul 2018 Jul 2019
1 CAD = 1.4342 Inverse: 0.6972 1.4470 Inverse: 0.6911 1.5793 Inverse: 0.6332 1.4361 Inverse: 0.6963 1.3443 Inverse: 0.7439 1.3876 Inverse: 0.7207 1.3639 Inverse: 0.7332 1.3484 Inverse: 0.7416 1.2719 Inverse: 0.7862 1.3299 Inverse: 0.7519

Canadian Dollar to the Bulgarian lev for the last 10 months

Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Feb 2020 Mar 2020 Apr 2020 May 2020 Jun 2020
1 CAD = 1.3423 Inverse: 0.7450 1.3376 Inverse: 0.7476 1.3383 Inverse: 0.7472 1.3339 Inverse: 0.7497 1.3450 Inverse: 0.7435 1.3586 Inverse: 0.7360 1.2716 Inverse: 0.7864 1.2883 Inverse: 0.7762 1.2830 Inverse: 0.7794 1.2789 Inverse: 0.7819

Canadian Dollar to the Bulgarian lev for the last 10 days

Jul 06 Jul 07 Jul 08 Jul 09 Jul 10 Jul 11 Jul 12 Jul 13 Jul 14 Jul 15
1 CAD = 1.2761 Inverse: 0.7836 1.2745 Inverse: 0.7846 1.2767 Inverse: 0.7833 1.2761 Inverse: 0.7837 1.2729 Inverse: 0.7856 1.2738 Inverse: 0.7851 1.2731 Inverse: 0.7855 1.2651 Inverse: 0.7904 1.2606 Inverse: 0.7933 1.2684 Inverse: 0.7884

Send money from Canada to Bulgaria

Data indicated here is updated regularly
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
XE International Money Transfers
CAD 1
Same day
Online, Phone, Bank Account to Bank Account
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Remitly International Money Transfers
CAD 1
1 - 2 days
Online, Bank Account to Bank Account, Cash Transfer
Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Global Reach International Money Transfers
GBP 3,000
1 day
Online, Phone, Bank Account to Bank Account
Global Reach will match any competitor's exchange rates. Conditions apply.

Get no fees for both business and personal transfers when you send your money overseas with Global Reach.
WorldRemit International Money Transfers
CAD 0
Within an hour
Online, Bank Account to Bank Account, Cash Transfer
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
TransferWise International Money Transfers
CAD 1
1 - 2 days
Online
Make online transfers with transparent exchange rates, low fees and low minimum amounts.
OFX International Money Transfers
USD 150
1 day
Online, Phone, Agent
Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
A higher exchange rate applies to non-finder customers. Send money in 45 currencies.
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The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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How can I predict future exchange rates between the Canadian dollar and Bulgarian lev?

The current peg to the euro of 1.95583 lev to 1 euro will likely remain in place until Bulgaria finally adopts the euro, a process currently in the works. Bulgaria has indicated (on 15 Jan. 2018) that it will begin talks on replacing the lev with the euro, adding that the Balkan country may join the preliminary exchange-rate mechanism for eurozone entry by the end of 2018. Anyone looking to make large transactions or deposits in Bulgarian lev should be sure to stay updated on Bulgaria’s progress in joining the eurozone to predict future exchange rates.

Market rate for common transfer amounts CAD to BGN

Canadian Dollars (CAD) Bulgarian lev (BGN)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

Exchange rates from CAD to other currencies

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