Convert Bulgarian Lev to Brazilian Real
Please provide values below to convert Bulgarian Lev [BGN] to Brazilian Real [BRL], or Convert Brazilian Real to Bulgarian Lev.
How to Convert Bulgarian Lev to Brazilian Real
1 BGN = 0.299550925094306 BRL
Example: convert 15 BGN to BRL:
15 BGN = 15 × 0.299550925094306 BRL = 4.49326387641459 BRL
Bulgarian Lev to Brazilian Real Conversion Table
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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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.