Canadian Dollar to Bulgarian Lev Exchange Rate

Live Rate

= лв. 1.3488

Refreshing in: 60s | Fri, Jan 17, 06:36PM GMT

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Historical Rate chart of CAD and BGN

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Updated: 17 Jan 2020 18:36:35 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 Closely tied to the US economy, the CAD accounts for approximately 2% of all global reserves, superseded only by the U.S dollar (USD), the euro (EUR), the yen (JPY), and the Great Britain pound (GBP).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

Jan 2010 Jan 2011 Jan 2012 Jan 2013 Jan 2014 Jan 2015 Jan 2016 Jan 2017 Jan 2018 Jan 2019
1 CAD = 1.3226 Inverse: 0.7561 1.4743 Inverse: 0.6783 1.5165 Inverse: 0.6594 1.4914 Inverse: 0.6705 1.3158 Inverse: 0.7600 1.4015 Inverse: 0.7135 1.2358 Inverse: 0.8092 1.4026 Inverse: 0.7130 1.2867 Inverse: 0.7772 1.2836 Inverse: 0.7790

Canadian Dollar to the Bulgarian lev for the last 10 months

Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019
1 CAD = 1.2934 Inverse: 0.7732 1.3015 Inverse: 0.7683 1.3038 Inverse: 0.7670 1.3122 Inverse: 0.7621 1.3330 Inverse: 0.7502 1.3230 Inverse: 0.7558 1.3387 Inverse: 0.7470 1.3407 Inverse: 0.7459 1.3304 Inverse: 0.7517 1.3432 Inverse: 0.7445

Canadian Dollar to the Bulgarian lev for the last 10 days

Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jan 13 Jan 14 Jan 15 Jan 16
1 CAD = 1.3504 Inverse: 0.7405 1.3505 Inverse: 0.7405 1.3478 Inverse: 0.7420 1.3489 Inverse: 0.7414 1.3484 Inverse: 0.7416 1.3474 Inverse: 0.7422 1.3451 Inverse: 0.7434 1.3450 Inverse: 0.7435 1.3449 Inverse: 0.7435 1.3464 Inverse: 0.7427

Send money from Canada to Bulgaria

Rates last updated January 17th, 2020
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
WorldRemit International Money Transfers
CAD 0
Within an hour
Online, Bank Account to Bank Account, Cash Transfer
Use code FINDERCA and pay zero fees on your first transfer. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
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.
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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