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The Bulgarian Lev is the official currency of the Republic of Bulgaria. The Lev is represented by the symbol лв. and by the abbreviation BGN. The currency is subdivided into 100 Stotinka. The banknotes and coins are issued by the Bulgarian National Bank. The banknotes issued are 1, 2, 5, 10, 20, 50, 100 leva and coins of 1, 2, 5, 10, 20, 50 stotinki, 1, 2 leva are issued by the Bulgarian National Bank. The Bulgarian Lev is worth about 38-42 Indian Rupees. Check the live rates of the Bulgarian Lev against the Indian Rupee here.
Bulgaria is a nation in Europe in the European Union. Even though Bulgaria is part of the EU it has not adopted the Euro as its official currency as of now. Until then the Bulgarian Lev is the currency used in the country. Bulgaria is a country with an upper-middle-class income. The economy is maintained by various sources of revenue sources. Mining was one of the most contributing industrial practice during the communist era in Bulgaria but subsequent loss of funding and equipment has declined the revenue from the mining Industry. However, the petroleum industry remains strong due to foreign cooperation and investments. Agriculture is another source of income. Significant foreign investments acquired as part of the European Union has been driving the country. The United States Dollar is valued at 1.65 Bulgarian Leva.
The Bulgarian Leva is not a popular currency. Since the entry of Bulgaria into the European Union, the Euro is another favourable currency in Bulgaria. Since the Bulgarian Lev is not available in India it is better to convert the Indian Rupee into Euros before you leave to Bulgaria. The Lev can then be obtained from Bulgarian exchanges.
| Currency | Bulgarian Lev |
|---|---|
| ISO Code | BGN |
| Symbol | лв. |
| Nick Name | None |
| Sub Units | Stotinka( 1 Lev= 100 Stotinka) |
| Denominations | |
| Notes | 1, 2, 5, 10, 20, 50, 100 leva |
| Coins | 1, 2, 5, 10, 20, 50 stotinki, 1, 2 leva |
| Valid in | Bulgaria |
The Indian Rupee cannot be directly converted to the Bulgarian Lev in India. The currency has no significant domestic transactions and demand in India. The method used to obtain the currency is to convert the Indian Rupee to a more popular currency such as the Euro from India and then convert the Euros to Bulgarian currency there. ExTravelmoney.com can help you convert the Indian Rupee easily to Euros. Place the order for forex online and select the vendor in your region with the best exchange rate. Complete the order with the help of our support team and make the payment online. Upon your request, you can get the forex door delivered to you by the vendor.
It will be better to convert the Bulgarian Leva to Euros before you come to India since the currency is neither popular nor widely used in India. This makes the currency less acceptable in banks or exchange houses. On the other hand, the Euro is widely accepted and can be easily exchanged for INR with the help of ExTravelMoney.com. Find the vendors in your region with the best exchange rates and place your order for exchange online. Confirm the order with our customer service executives and you can even request to pick up the forex from your location along with the KYC documents.
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