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
|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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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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