Convert Bulgarian Lev to Uruguayan Peso
Please provide values below to convert Bulgarian Lev [BGN] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Bulgarian Lev.
How to Convert Bulgarian Lev to Uruguayan Peso
1 BGN = 0.0413797552847526 UYU
Example: convert 15 BGN to UYU:
15 BGN = 15 × 0.0413797552847526 UYU = 0.620696329271288 UYU
Bulgarian Lev to Uruguayan Peso Conversion Table
Bulgarian Lev | Uruguayan Peso |
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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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.