Bulgarian lev.

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Bulgaria - a country with a rich history and culture.Now it attracts tourists from all over the world, including from Russia.Unlike many Western European countries in which at financial calculations used the single currency - the euro, in Bulgaria its national currency - the lion.The currency of more than 100 years (its historical prototypes - a few centuries).She was going through different times - wars, crises and inflation.But many economists are now considered to be one of the most reliable and stable in Europe.What famous Bulgarian lev?Where can I buy this expensive currency and whether it is worth?

Bulgarian lev: Understanding

Bulgarian national currency - the lion, its international name - an abbreviation BGN.It is divided into 100 stotinki.Now money circulation within the country meet denominations of 1, 2, 5, 10, 20 or 50 leva and coins with virtually the same rating, only stotinki.Many experts of the Bulgarian currency denomination recognized as one of the most protected against counterfeiting: they have a watermark, which displays the coat of arms of the country (or an abbreviation of the Central Bank of Bulgaria), the protective strip with microtext the entire length of the note.Besides, each banknote protected band from polymers.On leva banknotes depict mainly architectural monuments of the country, or famous buildings.

levs Where to buy?

can buy levs in Bulgarian banks.They are usually open weekdays from 9 to 16 hours (some have a lunch break from 12 to 13 hours).With a few exceptions at the weekend Bulgarian banks are closed.Some experts and ordinary people are finding that the left in the banks are not too favorable in comparison with those in the specialized exchange offices.However, these points have to choose with caution: there are cases when those enticing the customer favorable rate, include in their services to an impressive commission.The inscriptions in large letters that any additional charges under the exchange rate is zero, do not mean anything - somewhere in the corner in small print there is an explanation - "advertising".From a legal point of view, all is well.And therefore it is better to choose to buy leva banks or robust recommended acquaintances exchangers.Bulgarian leva and can be purchased in Russia, but their course is not the most profitable.

History Currency

Lion - traditional heraldic symbol of Bulgarian culture, taken over from the Byzantines.It is often found on ancient monuments, emblems and banners.Leo also gave the name of the national currency of Bulgaria.

History Bulgarian money goes back centuries.The first state formations in the Balkans, the Bulgarians were still in the 8th century.They were tribes that came here from the banks of the Volga - "Bulgaria".Statehood they formed under the strong influence of Byzantium.

Centuries later Bulgaria fell under the Turkish yoke.Actually, during the Ottoman rule in the 14th century, the territory inhabited by Bulgarians, began to mint coins.Their name sounded like "Asprey".On one side of these coins depicted a silhouette of lion.When Russian troops helped the late 19th century to gain independence of Bulgaria was formed National Bank of the country, and in 1880 - under the modern name of the currency, the Bulgarian lev.It contained gold - as much as it was, by the way, the French franc - 0.29 grams with a little.Since then, Bulgaria has its own currency, not to change the name so far.

history of the exchange rate lev

Since the introduction of the left in the cash turnover of the Bulgarian authorities is canceled, then re-introduced the gold standard of the national currency.In 1928, it sets a new standard for the content of gold in it - about 10.87 mg.During the course of the Second World Bulgarian currency was pegged to the German Reichsmark at cost ratio 32.75 to 1. When Bulgaria was liberated in 1944, the rate of lev was pegged to the Soviet ruble - 15 to 1.

In the postwar years, BulgariaHe suffered from inflation.As a result, it was necessary to hold the denomination of the national currency in 1952: introduced a new lion, which communicates with the former in a ratio of 1 to 100. In the framework of this reform, it was decided to link the Bulgarian lev to the US dollar at the rate of 6.8 to 1.

1962th Bulgarian economists met again denomination levs at the rate of 10 to 1. The results of the reform made themselves felt only after 15 years, when the economy is more or less stabilized, and behind it and the exchange rate.It is known, however, that the Bulgarian lev was, in spite of the dollar peg, non-convertible currency, and the exchange rate of the underground was often overpriced (ten times).

exchange rate left: the modern realities

After the release of the Bulgarian socialist economy began to shake again inflation.To stop her, in 1997, it was decided to tie the rate to the German mark in the ratio of 1000 to 1.

Two years later, he was re-denominated leva so that a new currency was equal to the German mark.Soon, however, a new factor influencing how much is Bulgarian currency - the euro exchange rate.The price of the national currency of the Balkan countries was tied to the Deutschmark replaced the single European currency at a ratio of 1.95583 to 1. This ratio is not changed until now.According to some economists (though not yet very popular), Bulgaria can enter the euro area after 2015, and if the national currency will replace the single European.

course left to other currencies

Given the fact that the currency of the Balkan countries rigidly pegged to the euro, the rate of the Bulgarian lev against other world currencies exhibit synchronous results of trades with European currency.

applied a very simple formula.If, for example, 1 euro is worth 47 units of the Russian currency, the exchange rate of the Bulgarian lev to the ruble easily calculated by dividing 47 to 1.95583.That is a little more than 24 rubles.

Modern Bulgarian lev: coins

We have identified that the money is now in circulation in Bulgaria there are coins 1,2,5,10, and 20 and 50 hundredths of a left - stotinki.The first three types of coins while said row made of an alloy of copper, aluminum and nickel, since 2000 - in particular brass steel.

stotinki in denominations of 10, 20 and 50 units are made from an alloy of copper, nickel and zinc.The coins deposited image of the legendary Bulgarian Madara Horseman.In 2000, there were themed coin (face value of 50 stotinki), which displays the symbols of NATO and the EU.In 2002, the Bulgarian National Bank issued coins of 1 lev.

... and bills

Lev - currency, presented in a large variety of denominations.In 1999, cash flow was introduced banknotes in denominations of 1, 2, 5, 10, and 20 and 50 leva - exactly the same figure as for stotinki.However, in 2003 there was even a banknote, with par value of 100 currency units.The denomination of 1 Bulgarian lev was fairly quickly replaced by a coin similar advantages.But sometimes, this has become a rare note is still found in circulation.

denominations of 1 lion is easily recognized by the red color.It depicts the revered Bulgarians St. John of Rila and the Rila Monastery.2 leva banknote blue-purple, her portrait of the Bulgarian monk Paisii Hilendarski.5 leva banknote - red her - a portrait of Ivan Milev, a famous artist.On the banknote 10 leva, which is dark olive green - a portrait of Peter Beron, the famous Bulgarian astronomer.On 20 leva banknote portrait of Stefan Stambolov, who is known as a revolutionary.On 50 leva banknote brown - portrait of Pencho Slaveikov, Bulgarian poet.The denomination 100 leva - green, her portrait of the famous Bulgarian writer and public figure Aleko Konstantinov.