Currency exchange

Currency exchange

The Bulgarian currency is the Bulgarian lev (BGL) and its plural, leva. Every lev used to consist of 100 stotinki (st), but inflation has led to the elimination of the stotinki. Leva notes are available in denominations of 20, 50, 100, 200, 500, 1000, 5000, and 10000. Leva coins in use are 2, 5, and 10.

After the fall of Communism in Bulgaria, new editions of leva notes were printed, and all notes dating prior to 1974 have been declared worthless. To ensure against receiving counterfeit notes, always check for the Bulgarian Lion watermark. The deregulation of the lev on the exchange market has caused foreign currency, and in particular United States dollars (USD), to become very popular with the Bulgarian population. Black­market currency exchanges and upstart banks vie with airport shop owners and taxi drivers in attempts to separate tourists from their foreign currency. Local currency may not be taken out of the country.

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