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US dollar to Bulgarian lev exchange rate

Find the best USD/BGN exchange rate for 27 Nov 2020.

Live Rate

= лв. 1.6394

Refreshing in: 60s | Fri, Nov 27, 06:26AM GMT

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Historical Rate chart of USD and BGN

Updated: 27 Nov 2020 06:26:51 UTC

Looking for the best 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.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
Currency: US Dollar
Currency Symbol: $
Sub unit: cents
Bank notes: $1, $5, $10, $20, $50, $100
Coins: 1c, 5c, 10c, 25c, 50c

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.

US Dollar to the Bulgarian Lev for the last 10 years

Nov 2010 Nov 2011 Nov 2012 Nov 2013 Nov 2014 Nov 2015 Nov 2016 Nov 2017 Nov 2018 Nov 2019
1 USD = 1.4789 Inverse: 0.6762 1.4666 Inverse: 0.6819 1.5100 Inverse: 0.6622 1.4422 Inverse: 0.6934 1.5694 Inverse: 0.6372 1.8459 Inverse: 0.5417 1.8468 Inverse: 0.5415 1.6394 Inverse: 0.6100 1.7258 Inverse: 0.5795 1.7742 Inverse: 0.5636

US Dollar to the Bulgarian Lev for the last 10 months

Jan 28 Feb 27 Mar 28 Apr 27 May 27 Jun 26 Jul 26 Aug 25 Sep 24 Oct 24
1 USD = 1.7746 Inverse: 0.5635 1.7763 Inverse: 0.5630 1.7591 Inverse: 0.5685 1.8063 Inverse: 0.5536 1.7763 Inverse: 0.5630 1.7419 Inverse: 0.5741 1.6783 Inverse: 0.5958 1.6527 Inverse: 0.6051 1.6786 Inverse: 0.5957 1.6490 Inverse: 0.6064

US Dollar to the Bulgarian Lev for the last 10 days

Nov 17 Nov 18 Nov 19 Nov 20 Nov 21 Nov 22 Nov 23 Nov 24 Nov 25 Nov 26
1 USD = 1.6487 Inverse: 0.6066 1.6482 Inverse: 0.6067 1.6475 Inverse: 0.6070 1.6474 Inverse: 0.6070 1.6474 Inverse: 0.6070 1.6482 Inverse: 0.6067 1.6523 Inverse: 0.6052 1.6446 Inverse: 0.6080 1.6414 Inverse: 0.6092 1.6420 Inverse: 0.6090

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Best ways to send money to Bulgaria

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

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