Convert Bulgarian Lev to North Korean Won
Please provide values below to convert Bulgarian Lev [BGN] to North Korean Won [KPW], or Convert North Korean Won to Bulgarian Lev.
How to Convert Bulgarian Lev to North Korean Won
1 BGN = 0.00185288888888889 KPW
Example: convert 15 BGN to KPW:
15 BGN = 15 × 0.00185288888888889 KPW = 0.0277933333333333 KPW
Bulgarian Lev to North Korean Won Conversion Table
Bulgarian Lev | North Korean Won |
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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.
North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.