Pound Sterling to Bulgarian Lev Exchange Rate

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= лв. 2.1870

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Historical Rate chart of GBP and BGN

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Updated: 04 Jun 2020 06:12:08 UTC

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.

Pound Sterling

The British pound sterling is the official currency of the United Kingdom and the fourth most traded currency in the world. Unlike the majority of EU countries, the UK didn’t adopt the euro in 1999, and the pound continues to be an important currency benchmark for many nations.
Currency:Pound Sterling
Currency Symbol:£
Sub unit:penny
Bank notes:£5, £10, £20, £50
Coins:1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Bulgarian Lev

The official currency of Bulgaria is the lev, introduced in 1881. Despite joining the EU in 2007, Bulgaria steadfastly holds on to its currency that ensures an inexpensive cost of living for its citizens. The country is one of the world’s biggest wine producers, averaging some 200,000 tons of wine per year.
Currency:Bulgarian Lev
Currency Symbol:лв.
Sub unit:stotinka
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

Send money from GBP to BGN

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GBP 1 1 - 2 days GBP 0.00 2.175 BGN
2,175
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GBP 1 1 - 2 days GBP 1.99 2.159 BGN
2,154
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GBP 1,000 1 - 2 days GBP 0.00 2.165 BGN
2,165
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GBP 50 Same day GBP 2.99 2.165 BGN
2,159
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.
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GBP 10 Within an hour GBP 2.00 2.175 BGN
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Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

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)
£1 0
£100 0
£500 0
£1000 0
£1500 0
£2500 0
£5000 0

Exchange rates from GBP to other currencies

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