Canadian Dollar to Bulgarian Lev Exchange Rate

Live Rate

= лв. 1.2544

Refreshing in: 60s | Sun, Mar 29, 06:46PM GMT

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Historical Rate chart of CAD and BGN

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Updated: 29 Mar 2020 18:46:37 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 Closely tied to the US economy, the CAD accounts for approximately 2% of all global reserves, superseded only by the U.S dollar (USD), the euro (EUR), the yen (JPY), and the Great Britain pound (GBP).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

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
1 CAD = 1.4238 Inverse: 0.7024 1.4295 Inverse: 0.6995 1.4740 Inverse: 0.6784 1.5005 Inverse: 0.6664 1.2875 Inverse: 0.7767 1.4249 Inverse: 0.7018 1.3249 Inverse: 0.7548 1.3526 Inverse: 0.7393 1.2292 Inverse: 0.8135 1.2969 Inverse: 0.7710

Canadian Dollar to the Bulgarian lev for the last 10 months

May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Mar 2020
1 CAD = 1.2991 Inverse: 0.7698 1.3134 Inverse: 0.7614 1.3332 Inverse: 0.7501 1.3312 Inverse: 0.7512 1.3504 Inverse: 0.7405 1.3332 Inverse: 0.7501 1.3366 Inverse: 0.7482 1.3407 Inverse: 0.7459 1.3338 Inverse: 0.7497 1.3171 Inverse: 0.7592

Canadian Dollar to the Bulgarian lev for the last 10 days

Mar 19 Mar 20 Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28
1 CAD = 1.2639 Inverse: 0.7912 1.2736 Inverse: 0.7852 1.2737 Inverse: 0.7851 1.2618 Inverse: 0.7925 1.2568 Inverse: 0.7957 1.2544 Inverse: 0.7972 1.2631 Inverse: 0.7917 1.2614 Inverse: 0.7928 1.2545 Inverse: 0.7972 1.2544 Inverse: 0.7972

Send money from Canada to Bulgaria

Rates last updated March 29th, 2020
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
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 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.
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.
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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