About this pair
BGN/CHF: what to know
The BGN/CHF rate shows how much CHF you get for 1 BGN. Right now, 1 BGN buys 0.4852 CHF at the mid-market rate. In the other direction, 1 CHF is worth 2.0609 BGN.
In the short term BGN is driven mainly by its peg to the euro, while CHF responds to safe-haven demand and SNB policy.
The Bulgarian Lev (BGN) is issued by Bulgarian National Bank. “Lev” means “lion”. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.