US Dollar to Bulgarian Lev Exchange Rate

Live Rate

= лв. 1.7538

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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

    Oct 2009 Oct 2010 Oct 2011 Oct 2012 Oct 2013 Oct 2014 Oct 2015 Oct 2016 Oct 2017 Oct 2018
    1 USD = 1.3108 Inverse: 0.7629 1.3954 Inverse: 0.7166 1.4175 Inverse: 0.7055 1.5015 Inverse: 0.6660 1.4302 Inverse: 0.6992 1.5308 Inverse: 0.6533 1.7237 Inverse: 0.5802 1.7811 Inverse: 0.5614 1.6514 Inverse: 0.6055 1.7012 Inverse: 0.5878

    US Dollar to the Bulgarian Lev for the last 10 months

    Dec 2018 Jan 2019 Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019
    1 USD = 1.7190 Inverse: 0.5817 1.7201 Inverse: 0.5814 1.7253 Inverse: 0.5796 1.7285 Inverse: 0.5785 1.7538 Inverse: 0.5702 1.7455 Inverse: 0.5729 1.7190 Inverse: 0.5817 1.7572 Inverse: 0.5691 1.7619 Inverse: 0.5676 1.7916 Inverse: 0.5582

    US Dollar to the Bulgarian Lev for the last 10 days

    Oct 12 Oct 13 Oct 14 Oct 15 Oct 16 Oct 17 Oct 18 Oct 19 Oct 20 Oct 21
    1 USD = 1.7701 Inverse: 0.5649 1.7721 Inverse: 0.5643 1.7742 Inverse: 0.5636 1.7732 Inverse: 0.5640 1.7661 Inverse: 0.5662 1.7596 Inverse: 0.5683 1.7526 Inverse: 0.5706 1.7526 Inverse: 0.5706 1.7522 Inverse: 0.5707 1.7547 Inverse: 0.5699

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    USD 0 1 - 2 days USD 0.00 1.747 BGN 8,734 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
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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)
    $1 0
    $100 0
    $500 0
    $1000 0
    $1500 0
    $2500 0
    $5000 0


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