The Bulgarian national monetary unit is the Lev (BGL), divided into 100 stotinki. On July 5th, 1999, the Lev was re-denominated at a rate of 1,000 old Leva to one new Lev. Banknotes of 1, 2, 5, 10, 20 and 50 leva are in common circulation. Coins are minted in values of 1, 2, 5, 10, 20 and 50 stotinki. At the present rate of exchange (June 1st, 2003), 1 USD is approximately equal to 1.65 BGL. Exchange facilities at daily rates are in operation at the airport, at the exchange desks of different banks and in many of the hotels. There is much additional information on this page, including a currency converter at the bottom of this page. If you have questions that remain unanswered after reading here, please post the question in Feedback or the Message Board.
Coins
Beginning September 2nd, 2002, the Bulgarian National Bank issued a 1 Lev coin. It is believed the coin will gradually phase out the 1 Lev banknote that is currently in circulation. The new coin differs in that it is two-tone and the obverse features an effigy of St. Ivan Rilski. The obverse of other coins features the Madara Horseman - a VIII century bas-relief hewn in the sheer face of a rock 25 meters above the ground near the town of Shoumen - and the text "Bulgaria" inscribed in circumference above it. The reverse value side of the 1 Lev coin features the numeral "1", the text "Lev", the year of issue - 2002 - and a graphical pattern of two crossing lines, while the main design on the reverse of the other coins features the figure of the denomination and the year of issue - 1999. The text "stotinki" is inscribed underneath, and the twelve five-pointed stars - the symbol of the European Union - are inscribed in circumference above it. All text is in Cyrillic.
Banknotes
All banknotes feature advanced protective measures such as transparent register ornament, watermark, micro text, security thread, holographic anti-copy element, and a relief designation for blind people..
Additional Information
There are several change desks at the Sofia Airport and you will find numerous legitimate change bureaus in any Bulgarian town that will not charge a commission. Working hours of the banks: 9 a.m. - 4 p.m., Monday to Friday, closed on national holidays. If you bring foreign currency from home into Bulgaria, be certain it is clean and untorn, and without any damages. No store, bank or change bureau will accept mutilated, torn or excessively dirty foreign currency. Currency exchange offices throughout the city are open until 5 - 6 p.m., some working 24 hours a day.
Bulgarian National Holidays are as follows:
Banks will almost always charge a commission. Be careful of anyone who approaches you on the street or on public transportation offering to " change some currency for you ". You will probably wind up with some useless fake currency at best. Likewise, never make "a show" out of carrying cash in public ... - read our "Travel Tips" section. You could also find useful information at the Consular Information Sheet on the web site of the United States Consulate at http://www.travel.state.gov/bulgaria.html. Bulgaria is a very safe country to visit; but you must use common sense and always try to be on the safe side.
The "yellow coins" (1, 2 and 5 stotinki) are generally scorned by the Bulgarian people, and if you are not careful, at the end of a day shopping, you can find yourself weighted down by excessive coins. Do not be afraid to use the coins to pay for an individual coffee, a candy bar or a pack of chewing gum. Practically every bank in the city has an ATM machine in the lobby; there is also an ATM machine just inside the Plovdiv Metro store, as well as many other big supermarkets and stores. See our Travel Tips Section for a large section of information on Credit Cards, ATMs, etc.
Western Union operates in Bulgaria and is a very efficient way to get cash from your countries. Almost each Bulgarian bank has either Western Union or MoneyGram representatives.
The currency exchange is unrestricted and there is no compulsory exchange, as is the case in some other countries. Upon departure from the country any unused Bulgarian currency may be changed back into the respective national currency at the border.