About this pair
CHF/BGN: what to know
The CHF/BGN rate shows how much BGN you get for 1 CHF. Right now, 1 CHF buys 2.0626 BGN at the mid-market rate. In the other direction, 1 BGN is worth 0.4848 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while BGN responds to its peg to the euro.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Bulgarian Lev (BGN) is issued by Bulgarian National Bank. “Lev” means “lion”.
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.