What money to take to Bulgaria today?

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Bulgaria is a great resort for our compatriots. Moderate prices and foreign service have recently significantly increased the level of popularity of the resort among citizens of the CIS countries. The Slavic origin and the hospitality of the Bulgarians make the rest in the country unforgettable and more interesting than in the same Turkey or Egypt. In addition, Bulgaria is very calm. Foreigners, alone or together with their wives and children, can leave the hotel grounds and go on their own in search of adventure without any fear for their own safety. However, in this case, tourists need to own, in addition to the elementary rules of cultural behavior abroad, also the legal tender of this state.

What money to take to Bulgaria?

Of course, for a modern economic system with its unified means of exchange of values, the issue of currency belonging to one or another issuer is insignificant. However, since tourists go on vacation, and not to solve all sorts of problems, it is better to find out for each of them individually what money to take to Bulgaria. After all, the exchange rate can bea significant difference in a particular state, which in the end can increase travel costs. First of all, you need to find out what kind of money is in Bulgaria, the exchange rate to the national currency and international means of exchange of values.

Bulgarian Lev

Although Bulgaria is a member of the European Union, this state issues its own currency called the lev. These cases are repeatedly found in the block of Western European countries, an example of which are 11 states with a national currency. This, in turn, puzzles uninformed tourists with the question: “What money to bring to Bulgaria?” The Bulgarian lev is the only legal tender in this state. It has the bank cipher BGN and the code of the international standardization organization ISO 4217. The modern lion was put into operation by the country's leadership in 1999 and has been performing its currency functions to this day. This monetary unit is issued by the Bulgarian People's Bank in denominations of 1, 2, 5, 10, 20, 50 and 100 units. In addition, the lev is a bargaining instrument and is divided into 100 stotinki, which can be found in circulation with a face value of 1, 2, 5, 10, 20, 50 units, and only in monetary form. However, the position of the state, which is part of the European Union, still dooms the lion to dependence on the euro. In this regard, the exchange rate of the country's national legal tender is regulated by a special regime of the Currency Board, according to which the binding of the lev to the euro is determined by a coefficient of 1, 95583: 1. SoThus, there is no need to be a highly qualified specialist to answer the question: "What kind of money to take to Bulgaria?" Euro for Bulgarians is the most acceptable means of payment. But even in the event of any force majeure circumstances in the tourist areas of the country, you can easily exchange Russian rubles and even Ukrainian hryvnia for leva. The course, of course, will not be very acceptable, but not for those who know what money to take to Bulgaria.