About this pair
BGN/JPY: what to know
The BGN/JPY rate shows how much JPY you get for 1 BGN. Right now, 1 BGN buys 96.3203 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.0104 BGN.
In the short term BGN is driven mainly by its peg to the euro, while JPY responds to Bank of Japan policy and global risk appetite.
The Bulgarian Lev (BGN) is issued by Bulgarian National Bank. “Lev” means “lion”. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
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.