Bulgarian Lev currency | Bulgaria Bank Notes

Bulgarian Lev

Bulgarian Lev Currency:

The Bulgarian Lev is the official currency of Bulgaria. Bulgarian lev is divided in 100 stotinki. Its symbol is denoted by BGN. The Bulgarian National Bank issues the Bulgarian Lev currency.The Lev is pegged to the Euro at a rate of 1.95583 Leva = 1 Euro.

First Lev:

In 1881, the lev was introduced as Bulgaria’s currency with a value equal to the French franc. Coins were introduced in between 1881 and 1884 in denominations of 2, 5 and 20 and 50 stotinki. 10 and 20 leva coins were issued in 1894. In 1901, 1 stotinka coin was introduced. The Bulgarian National Bank introduced banknotes in 1885 in denominations of 20 and 50 gold leva. Gold 100 leva notes were introduced in 1887, followed by 5 and 10 gold leva notes in 1890. Later with the denominations of  5, 10 and 50 silver leva notes were issued in 1899. They were followed by the introduction of 100 and 500 silver leva in 1906 and 1907. Further in 1907, 500 gold leva notes were also introduced.The currencies  of 1 and 2 silver leva and 1000 gold leva notes were introduced in 1916, followed by 2500 and 10,000 gold leva notes in 1919. The 5000 leva notes were issued in 1924. A new series of notes were introduced in 1928 in denominations of 5, 10, 20, 50, 100, 500, 1000 and 5000 leva. The currency notes of 200 and 250 leva followed in 1929.

Second Lev:

A new lev replaced the original lev at a rate of 1 new lev=100 old leva in 1952. The new lev was pegged to the U.S. dollar at a rate of 6.8 leva = 1 dollar. Coins were introduced in 1952 in denominations of 1, 3, 5, 10 and 25 stotinki. Cupro- nickel 20 stotinki coin was introduced in 1952, followed by 50 stotinki in 1959. 1 lev coin was replaced by 1 lev note in 1960.

Third Lev:

The third lev was introduced in 1962. The new lev was pegged to the German market par. Aluminum- bronze 1, 2 and 5 stotinki and nickel-brass 10, 20 and 50 stotinki and 1 lev coins were introduced in 1962. After communist era, a new coinage was introduced in 1992 in denominations of 10, 20 and 50 stotinki, 1, 2, 5 and 10 leva.

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The National bank issued notes in 1962 in denominations of 1, 2, 5, 10 and 20 leva. In 1990, 50 leva notes were introduced. After the communist era, new notes were introduced for 20, 50, 100 and 200 leva.500 leva noteswere introduced in 1993, followed by 1000 and 2000 leva in 1994; 5000 and 10,000 leva in 1996 and 50,000 leva in 1997.

Fourth Lev:

Fourth lev is currently used lev. It was introduced in 1995. Coins were introduced in 1999 in denominations of 1, 2, 5, 10, 20 and 50 stotinki. In 2002, a 1 lev coin was replaced the 1 lev banknote was introduced in 1999.

Bulgarian Lev

Bulgarian lev (Bulgaria):

Code:BGN

Symbol:лв

Subunit:

1/100= stotinka

Banknotes:

1, 2, 5, 10, 20, 50, 100 leva

Coins:

1, 2, 5, 10, 20, 50 stotinki, 1, 2 leva

Central bank:

Bulgarian National Bank

Most traded currencies:

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