Convert Bulgarian Lev to Australian Dollar
Please provide values below to convert Bulgarian Lev [BGN] to Australian Dollar [AUD], or Convert Australian Dollar to Bulgarian Lev.
How to Convert Bulgarian Lev to Australian Dollar
1 BGN = 1.09050483913157 AUD
Example: convert 15 BGN to AUD:
15 BGN = 15 × 1.09050483913157 AUD = 16.3575725869736 AUD
Bulgarian Lev to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.