What is the BGN to EUR exchange rate?

The rate is fixed at 1 EUR = 1.95583 BGN. This is 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 of 1.95583 BGN per EUR. Unlike floating currencies, this rate does not fluctuate on foreign exchange markets.

How do I convert EUR to BGN?

Multiply the EUR amount by 1.95583 to get the BGN value. For example, 100 EUR = 195.58 BGN. Use the reverse field in this converter for quick calculations.

Why is the rate 1.95583 and not a round number?

When Bulgaria pegged its currency in 1997, it was initially tied to the Deutsche Mark at a rate of 1 DEM = 1 BGN. When the Euro replaced the DEM in 1999, the fixed conversion rate of 1 EUR = 1.95583 DEM carried over to BGN.

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 fixed peg rate of 1 EUR = 1.95583 BGN.

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 = 1.95583 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 fixed peg rate of 1 EUR = 1.95583 BGN.

How it works

Enter the amount in Bulgarian Lev (BGN) in the input field.
The converter applies the fixed official rate: 1 EUR = 1.95583 BGN.
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: 2026-06-18 · Reviewed by Nham Vu