Convert Bulgarian Lev to Qatari Rial
Please provide values below to convert Bulgarian Lev [BGN] to Qatari Rial [QAR], or Convert Qatari Rial to Bulgarian Lev.
How to Convert Bulgarian Lev to Qatari Rial
1 BGN = 0.458131868131868 QAR
Example: convert 15 BGN to QAR:
15 BGN = 15 × 0.458131868131868 QAR = 6.87197802197802 QAR
Bulgarian Lev to Qatari Rial Conversion Table
| Bulgarian Lev | Qatari Rial |
|---|
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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.