Convert Bulgarian Lev to Canadian Dollar
Please provide values below to convert Bulgarian Lev [BGN] to Canadian Dollar [CAD], or Convert Canadian Dollar to Bulgarian Lev.
How to Convert Bulgarian Lev to Canadian Dollar
1 BGN = 1.22392660550459 CAD
Example: convert 15 BGN to CAD:
15 BGN = 15 × 1.22392660550459 CAD = 18.3588990825688 CAD
Bulgarian Lev to Canadian Dollar 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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.