Pound Sterling to Bulgarian Lev — exchange rate

The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.

Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.

The Bulgarian lev (лв.) is the national currency of Bulgaria. The rate of this national currency is tied to fluctuations of euro.

The notes are also known as BGN. Minted coins named stotinka are used as change for the Bulgarian lev. 1 BGN equals 100 stotinki. The name itself comes from the French currency – centime. BGN was first issued in 1879. After several monetary reforms, the present design of the notes was shaped. The most recent change of the lev’s design dates back to 1999. Despite numerous claims made by Bulgaria on switching to euro, lev is still used for payment on the country’s territory. It is embellished with the portraits of famous cultural, historical and political figures.