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Pound Sterling to Bulgarian Lev Exchange Rate
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Historical Rate chart of GBP and BGN
What affects exchange rates between the US 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 USD/BGN exchange rate depends only on the USD/EUR exchange rate. If the euro is strengthening, so will the lev, and vice versa.
|Bank notes:||£5, £10, £20, £50|
|Coins:||1p, 2p, 5p, 10p, 20p, 50p, £1, £2|
|Bank notes:||1, 2, 5, 10, 20, 50, 100 leva|
|Coins:||1, 2, 5, 10, 20, 50 stotinki, 1, 2 leva|
How does the US Dollar trade against the Bulgarian lev historically?
Throughout history, there have been many different exchange rate regimes in place in Bulgaria. Due to Bulgaria’s history as a communist state in the Soviet Union, as well as a traditionally weak European economy, all these exchange rate regimes have eventually been ended and replaced by a new one. It is now expected that the current peg to the euro will remain in place until Bulgaria eventually adopts the euro as their currency.
Since the year 2014, the Bulgarian lev has been trading between 1.39 and 1.88 to the dollar, following the fluctuations of the USD/EUR exchange rate.
Pound Sterling to the Bulgarian Lev for the last 10 years
|Jun 2010||Jun 2011||Jun 2012||Jun 2013||Jun 2014||Jun 2015||Jun 2016||Jun 2017||Jun 2018||Jun 2019|
|1 GBP =||2.3555 Inverse: 0.4245||2.2107 Inverse: 0.4524||2.4212 Inverse: 0.4130||2.2923 Inverse: 0.4362||2.4069 Inverse: 0.4155||2.6790 Inverse: 0.3733||2.5084 Inverse: 0.3987||2.2354 Inverse: 0.4473||2.2398 Inverse: 0.4465||2.2025 Inverse: 0.4540|
Pound Sterling to the Bulgarian Lev for the last 10 months
|Aug 2019||Sep 2019||Oct 2019||Nov 2019||Dec 2019||Jan 2020||Feb 2020||Mar 2020||Apr 2020||May 2020|
|1 GBP =||2.1223 Inverse: 0.4712||2.1705 Inverse: 0.4607||2.1983 Inverse: 0.4549||2.2650 Inverse: 0.4415||2.2925 Inverse: 0.4362||2.3009 Inverse: 0.4346||2.3315 Inverse: 0.4289||2.2405 Inverse: 0.4463||2.2105 Inverse: 0.4524||2.2334 Inverse: 0.4477|
Pound Sterling to the Bulgarian Lev for the last 10 days
|May 25||May 26||May 27||May 28||May 29||May 30||May 31||Jun 01||Jun 02||Jun 03|
|1 GBP =||2.1892 Inverse: 0.4568||2.1961 Inverse: 0.4553||2.1783 Inverse: 0.4591||2.1761 Inverse: 0.4595||2.1748 Inverse: 0.4598||2.1748 Inverse: 0.4598||2.1741 Inverse: 0.4600||2.1933 Inverse: 0.4559||2.2035 Inverse: 0.4538||2.1894 Inverse: 0.4567|
How can I predict future exchange rates between the US Dollar and Bulgarian lev?
The current peg to the euro of 1.95583 lev to 1 euro will likely remain in place for the next few years until Bulgaria finally adopts the euro.
Bulgaria’s expected adoption of the euro has been postponed several times for a variety of reasons. Additionally, due to the current financial problems within the Eurozone, Bulgaria’s appetite for joining has been going down somewhat. It is therefore unclear when, or if, Bulgaria will adopt the euro.
Anyone looking to make large transactions or deposits in Bulgarian lev should be sure to stay updated on the current euro peg policy or indications that Bulgaria may be adopting the euro.
Market rate for common transfer amounts GBP to BGN
|Pound Sterlings (GBP)||Bulgarian Lev (BGN)|
Exchange rates from GBP to other currencies
- Bahamian Dollar (BSD)
- Bahraini Dinar (BHD)
- Bangladeshi Taka (BDT)
- Barbadian Dollar (BBD)
- Belarusian Ruble (BYN)
- Belize Dollar (BZD)
- Bermudian Dollar (BMD)
- Bhutanese Ngultrum (BTN)
- Bitcoin (BTC)
- Bitshares (BTS)
- Bolivian Boliviano (BOB)
- Botswana Pula (BWP)
- Brazilian Real (BRL)
- Brunei Dollar (BND)
- Bulgarian Lev (BGN)
- Burundian Franc (BIF)
- Salvadoran Colon (SVC)
- Samoan Tala (WST)
- São Tomé and Príncipe Dobra (STD)
- Saudi Riyal (SAR)
- Serbian Dinar (RSD)
- Sierra Leonean Leone (SLL)
- Singapore Dollar (SGD)
- Solomon Islands Dollar (SBD)
- Somali Shilling (SOS)
- South African Rand (ZAR)
- Sri Lankan Rupee (LKR)
- Surinamese Dollar (SRD)
- Swazi Lilangeni (SZL)
- Swedish Krona (SEK)
- Swiss Franc (CHF)
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