Pound to Bulgarian lev exchange rate
Find the best GBP/BGN exchange rate for 21 Apr 2021.
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Historical Rate chart of GBP and BGN
What affects exchange rates between the GB pound sterling 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 GBP/BGN exchange rate depends only on the GBP/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 pound sterling 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 pound, following the fluctuations of the GBP/EUR exchange rate.
Pound Sterling to the Bulgarian Lev for the last 10 years
|Apr 2011||Apr 2012||Apr 2013||Apr 2014||Apr 2015||Apr 2016||Apr 2017||Apr 2018||Apr 2019||Apr 2020|
|1 GBP =||2.2158 Inverse: 0.4513||2.3936 Inverse: 0.4178||2.2803 Inverse: 0.4385||2.3780 Inverse: 0.4205||2.7172 Inverse: 0.3680||2.4798 Inverse: 0.4033||2.3359 Inverse: 0.4281||2.2277 Inverse: 0.4489||2.2749 Inverse: 0.4396||2.2476 Inverse: 0.4449|
Pound Sterling to the Bulgarian Lev for the last 10 months
|Jun 2020||Jul 2020||Aug 2020||Sep 2020||Oct 2020||Nov 2020||Dec 2020||Jan 2021||Feb 2021||Mar 2021|
|1 GBP =||2.1608 Inverse: 0.4628||2.1634 Inverse: 0.4622||2.1790 Inverse: 0.4589||2.1361 Inverse: 0.4681||2.1640 Inverse: 0.4621||2.1888 Inverse: 0.4569||2.1544 Inverse: 0.4642||2.1976 Inverse: 0.4550||2.2626 Inverse: 0.4420||2.2818 Inverse: 0.4383|
Pound Sterling to the Bulgarian Lev for the last 10 days
|Apr 11||Apr 12||Apr 13||Apr 14||Apr 15||Apr 16||Apr 17||Apr 18||Apr 19||Apr 20|
|1 GBP =||2.2523 Inverse: 0.4440||2.2609 Inverse: 0.4423||2.2511 Inverse: 0.4442||2.2492 Inverse: 0.4446||2.2523 Inverse: 0.4440||2.2580 Inverse: 0.4429||2.2580 Inverse: 0.4429||2.2566 Inverse: 0.4431||2.2731 Inverse: 0.4399||2.2679 Inverse: 0.4409|
How can I predict future exchange rates between the pound sterling 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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