The Bulgarian Lev rates below were last updated 2 minutes ago
If you're travelling to Bulgaria soon you'll want to get the best deal on your Bulgarian Lev. Our free comparison service compares the best Bulgarian Lev rates from the biggest currency suppliers in the UK so you can see at a glance who is offering the top deals. We are currently comparing 25 suppliers selling Bulgarian Lev in the UK with exchange rates ranging from 1.9800 to 2.1380.
But wait, it gets better! Many of the top suppliers listed above offer us exclusive exchange rates that are better than any other website which means if you order through us you could save even more money. We are so confident that you won't find better Bulgarian Lev exchange rates on any other UK website that we challenge you to let us know if you find a better deal!
The Bulgarian Lev (Leva) is pegged to approximately half the value of the Euro. This has meant that the Lev has fallen in value greatly in recent times. Bulgaria had intended to join the Eurozone group of countries on 1st of January 2012, but this has now been put back to 2018 at the earliest. On Jan 16th 2015 Bulgaria started the Euro ascention discussions and preparations towards joining the exchange rate mechanism (ERMII). This will put them on course to join the Euro on 1st January 2018.
Visitors to Bulgaria are advised to only exchange money at official banks as street sellers offering to change money in market stalls are one of the most common types of petty criminal; especially in the capital city Sofia. The Foreign and Commonwealth office advise to be aware of pickpockets in city centres and tourist resorts especially in crowded areas e.g. buses, trains and busy streets. We would add that you should also be on the alert around ATM machines where it is obvious to criminals that you are carrying cash. If you can use ATM machine situated inside the bank or in an atrium.
Most bureau de change in the UK carry a stock of Levs so changing your money before you go and selling it back upon your return should pose no problems at all. There is also a national network of ATM machines where you can withdraw local currency in Bulgaria – although at a poor exchange rate. It is also worth noting that in Bulgaria travellers cheques can only be cashed at banks. The average order value we see for Bulgarian Levs is around £1497 (3,200.59лв (as of Saturday 22nd of October 2016) based upon data from 1st of July to 30th of September 2016, worth of Bulgarian Lev. You should probably budget about £90 to £100 a day in Bulgaria.
If you hold a British passport you won't need a visa to enter Bulgaria. You should however ensure that you passport is valid for the length of your stay, and if you want to visit for more than 3 months you'll need to register with the Bulgarian authorities and apply for a permit.
For more information see the Bulgarian Embassy website.
Over the past week the Bulgarian Lev has increased by 1.14% from last Sunday's rate of 2.114 to today's rate of 2.1380 which means £750 will buy you лв18.00 more now than it would have a week ago. During this period the best rate we recorded was 2.139 on Friday and the worst rate was 2.112 on Monday.
The 90 day outlook has seen the Bulgarian Lev rate drop by 5.94% from 2.273 on 26th July 2016 to 2.1380 today. Based on these figures, £750 would have bought you лв101.25 more three months ago that it would have today. We recorded a high rate of 2.273 on 26th July 2016 and a low rate of 2.107 on 11th October 2016.
Compare Holiday Money are partners of the Foreign & Commonwealth Office Know Before You Go campaign which provides official government advice for British travellers heading abroad.
The FCO release travel alerts containing important information for travellers to any countries where the safety or security of British citizens is at risk.
Posted by Matthew Weston on 21st October 2016
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