About this pair
BGN/GBP: what to know
The BGN/GBP rate shows how much GBP you get for 1 BGN. Right now, 1 BGN buys 0.4473 GBP at the mid-market rate. In the other direction, 1 GBP is worth 2.2355 BGN.
In the short term BGN is driven mainly by its peg to the euro, while GBP responds to Bank of England policy and the UK economy.
The Bulgarian Lev (BGN) is issued by Bulgarian National Bank. “Lev” means “lion”. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
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.