Convert United States Dollar to Bulgarian Lev
Please provide values below to convert United States Dollar [USD] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to United States Dollar.
How to Convert United States Dollar to Bulgarian Lev
1 USD = 0.599664188054689 BGN
Example: convert 15 USD to BGN:
15 USD = 15 × 0.599664188054689 BGN = 8.99496282082034 BGN
United States Dollar to Bulgarian Lev Conversion Table
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.