What is the BGN to EUR exchange rate?

The rate is fixed by the official peg established by the Bulgarian National Bank (BNB) and has been in place since 1999 when Bulgaria pegged its currency to the Deutsche Mark, later converted to the Euro.

Does the BGN/EUR rate change?

No. The Bulgarian Lev is pegged to the Euro at a fixed rate. Unlike floating currencies, this rate does not fluctuate on foreign exchange markets.

How do I convert EUR to BGN?

Multiply the EUR amount by the peg rate to get the BGN value, or use the reverse field in this converter for quick calculations.

Why is the rate not a round number?

When Bulgaria pegged its currency in 1997, it was initially tied to the Deutsche Mark at a fixed rate. When the Euro replaced the Deutsche Mark in 1999, that same conversion rate carried over, which is why the EUR/BGN peg is not a round number.

Is this converter accurate for bank transactions?

Yes, for BGN/EUR conversions. Banks use the same fixed rate, though they may add fees or spreads on top of the base conversion.

BGN to EUR Converter

Name: BGN to EUR Converter
Availability: InStock
Author: Nham Vu

Convert Bulgarian Lev to Euros instantly using the official EUR/BGN peg rate.

Exchange rate 1 BGN = 0.511292 EUR

Updated 28 July 2026, 19:05 UTC · source: fawazahmed0/exchange-api (CC0) and CoinGecko

Use your own rate (optional)

1 BGN = ? EUR

Reference rate for information only — not a quote or an offer to trade. Verify with your bank or exchange before you transact; they will apply their own spread and fees.

BGN → EUR

Bulgarian Lev to Euro

Amount in BGN (лв)

лв

EUR → BGN

Euro to Bulgarian Lev (reverse)

Amount in EUR (€)

€

Fixed rate: 1 EUR = 1.9558 BGN

Set by the Bulgarian National Bank (BNB) since 1999 — does not fluctuate.

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Summary

Convert Bulgarian Lev to Euros instantly using the official EUR/BGN peg rate.

How it works

Enter the amount in Bulgarian Lev (BGN) in the input field.
The converter applies the fixed official EUR/BGN peg rate, refreshed hourly.
The Euro equivalent appears instantly below.
Use the reverse field to convert EUR back to BGN.
The fixed peg rate is set by the Bulgarian National Bank and does not fluctuate.

Use cases

Calculate how much a Bulgarian price costs in Euros before a trip.
Convert BGN salary or invoice amounts to EUR for reporting.
Quickly verify EUR-denominated prices in Bulgarian lev equivalents.
Use in accounting workflows involving Bulgaria and the Eurozone.
Check conversion for online purchases priced in BGN.
Estimate travel budget when visiting Bulgaria from a Eurozone country.

Frequently Asked Questions

Last updated: 2026-07-29 · Reviewed by Nham Vu