Adrienne Fuller is the head of publishing at Finder. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.
US Dollar to Bulgarian Lev Exchange Rate
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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:||$1, $5, $10, $20, $50, $100|
|Coins:||1c, 5c, 10c, 25c, 50c|
|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.
US 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 USD =||1.3886 Inverse: 0.7202||1.4296 Inverse: 0.6995||1.4891 Inverse: 0.6715||1.4563 Inverse: 0.6867||1.4306 Inverse: 0.6990||1.7521 Inverse: 0.5708||1.8049 Inverse: 0.5541||1.8210 Inverse: 0.5491||1.5785 Inverse: 0.6335||1.7306 Inverse: 0.5778|
US 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||Dec 2019||Jan 2020|
|1 USD =||1.7418 Inverse: 0.5741||1.7520 Inverse: 0.5708||1.7575 Inverse: 0.5690||1.7216 Inverse: 0.5808||1.7512 Inverse: 0.5710||1.7793 Inverse: 0.5620||1.7944 Inverse: 0.5573||1.7537 Inverse: 0.5702||1.7751 Inverse: 0.5633||1.7439 Inverse: 0.5734|
US Dollar to the Bulgarian Lev for the last 10 days
|Jan 17||Jan 18||Jan 19||Jan 20||Jan 21||Jan 22||Jan 23||Jan 24||Jan 25||Jan 26|
|1 USD =||1.7633 Inverse: 0.5671||1.7633 Inverse: 0.5671||1.7633 Inverse: 0.5671||1.7624 Inverse: 0.5674||1.7633 Inverse: 0.5671||1.7632 Inverse: 0.5672||1.7691 Inverse: 0.5653||1.7738 Inverse: 0.5638||1.7738 Inverse: 0.5638||1.7738 Inverse: 0.5638|
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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 USD to BGN
|US Dollars (USD)||Bulgarian Lev (BGN)|
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