The Bulgarian Lev, abbreviated as BGN, derives its name from the old Bulgarian word “lev,” which means “lion.” This reflects the currency’s rich cultural heritage linked to Bulgaria’s national symbol. The Lev has undergone several transformations since its inception in 1881, with significant revaluations occurring in the wake of hyperinflation during the 1990s. In 1999, the Lev was pegged to the Deutsche Mark, and later, with Germany’s adoption of the Euro, it became indirectly pegged to the Euro, ensuring greater stability.

A unique feature of the Bulgarian Lev is its detailed banknotes, which feature prominent figures from Bulgarian history and culture, such as the revolutionary poet Hristo Botev and the medieval ruler Tsar Ivan Assen II. Each banknote also includes a distinct blend of traditional and modern design elements, incorporating anti-counterfeiting technologies that are as intricate as they are effective. The Lev is not just a means of monetary exchange but also a journey through Bulgaria’s storied history and traditions.