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Currency history

Bulgarian lev

Bulgarian lev: a historical unit of account.

Dates in use
Introduction and ending not established
Ancestry branch
French franc

Its place in the family

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Bulgarian lev

This currency

Children 1

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The story

Bulgaria’s 1952 reform converted cash at 100:1, with different rules for prices and deposits. No universal valuation stored. [1]

Turning points

Account-unit observation

Lev established in monetary legislation with specified fiscal revenues in gold leva. [2]

Account-unit observation

The 1880 law introduced the lev as national account unit, and monetary documents of public bodies and private persons were required to express sums in leva and stotinki. [3]

Account-unit observation

Reform rescales specified fiscal and contractual obligations separately from cash exchange. [4]

Redenomination

One new lev replaced 1, 000 old leva. [5]

Euro monetary substitution

1 EUR = 1.95583 BGN. Bulgaria: euro adoption 2026-01-01; cash 2026-01-01. Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined. [6] [7] [8]

Euro cash changeover

Bulgaria: euro adoption 2026-01-01; cash 2026-01-01. [7]

Sources and evidence

  1. Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025 C876 ↗
  2. Kalina Dimitrova and Martin Ivanov · Bulgaria: From 1879 to 1947, South-Eastern European Monetary History Network historical database chapter C1544 ↗
  3. Bulgarian National Bank · 140 years since creation of the Bulgarian lev,4June 2020; Luca Fantacci · Autonomy vs. Stability: the Relationship between Internal and External Money in Bulgaria (1879–1912), BNB DP73/2009 C1767 ↗
  4. United States Foreign Claims Settlement Commission · Claims Against Bulgaria, Hungary, and Rumania C1545 ↗
  5. Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025 C878 ↗
  6. Council of the European Union · Council Regulation (EC) 2866/98 — consolidation at 1 January 2026 C702 ↗
  7. Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 C703 ↗
  8. Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 C646 ↗

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Cite this page

“Bulgarian lev.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000807.html

Editorial evidence supplement · Download dataset v44

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