About this pair
EUR/BGN: what to know
The EUR/BGN rate shows how much BGN you get for 1 EUR. Right now, 1 EUR buys 1.9201 BGN at the mid-market rate. In the other direction, 1 BGN is worth 0.5208 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while BGN responds to its peg to the euro.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. 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.