Convert Bulgarian Lev to British Pound Sterling
Please provide values below to convert Bulgarian Lev [BGN] to British Pound Sterling [GBP], or Convert British Pound Sterling to Bulgarian Lev.
How to Convert Bulgarian Lev to British Pound Sterling
1 BGN = 2.25290462037287 GBP
Example: convert 15 BGN to GBP:
15 BGN = 15 × 2.25290462037287 GBP = 33.7935693055931 GBP
Bulgarian Lev to British Pound Sterling Conversion Table
| Bulgarian Lev | British Pound Sterling |
|---|
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.