About this pair
GBP/BGN: what to know
The GBP/BGN rate shows how much BGN you get for 1 GBP. Right now, 1 GBP buys 2.2431 BGN at the mid-market rate. In the other direction, 1 BGN is worth 0.4458 GBP.
In the short term GBP is driven mainly by Bank of England policy and the UK economy, while BGN responds to its peg to the euro.
The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years. 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.