Search results
In 1899, 5, 10 and 50 silver leva notes were issued, followed by 100 and 500 silver leva in 1906 and 1907, respectively. 500 gold leva notes were also introduced in 1907. In 1916, 1 and 2 silver leva and 1000 gold leva notes were introduced, followed by 2500 and 10,000 gold leva notes in 1919.
Jul 10, 2021 · The lev was introduced as Bulgaria’s currency in 1881, and have been the official currency ever since, during almost 140 years period, the Lev has passed by fourth stages, been paired with the French Franc at the beginning, later to the dollar and during the last 20 years pegged first to the German Mark and after to the Euro at an exchange ...
People also ask
When was the Bulgarian lev introduced?
Does Bulgaria have a Lev?
Is the Bulgarian lev a Euro currency?
How many lev notes are there in Bulgaria?
May 17, 2018 · The Bulgarian lev was first introduced in 1880, shortly after Bulgaria gained its independence from the Ottoman Empire. The new country needed a currency that showcased its freshly acquired status and was called by the then-used word for ‘lion’, which was also the main symbol of the Bulgarian independence movement.
- Maria Angelova
First lev (1881–1952) The lev was introduced as Bulgaria's currency in 1881 with a value equal to the French franc. Third lev (1962–1999) During the period, until 1989 the 1962 lev was backed by gold, and the banknotes have the text stating: "The bank note is backed by gold and all assets of the bank" .
Jun 7, 2023 · The establishment of the Bulgarian National Bank in 1879 laid the foundation for the introduction of a national currency. On July 5, 1881, the lev was officially adopted as Bulgaria’s...
Bulgaria's target date for introduction of the euro is 1 January 2025, which would make the euro only the second national currency of the country since the lev was introduced over 140 years ago. The official exchange rate is 1.95583 lev for 1 euro.
This article will discuss the introduction of the Bulgarian lev and will follow its progress over the years. Lev is accepted Bulgarian currency shortly after the liberation of the Principality of Bulgaria. On June 4, 1880 was adopted Law on the right of rezanie coins in the principality, and the next year were minted the first coins.
