What is the currency in Bulgaria?
Despite the fact that in many shops and supermarkets in Bulgaria prices are indicated not only in levs, but also in euros and sometimes in dollars, the main currency of the country is Lev (BGN) . We have seen and heard from tourists that at the offices the sellers refused to take other kinds of banknotes.
Credit cards are not popular in Bulgaria (you can paid with them only in banks and large hotels), in the markets and in supermarkets are pay in cash.
- Banknotes in nominal value: 1, 2, 5, 10, 20, 50, 100 lv ;
- Coins in nominal value: 1, 2, 5, 10, 20, 50 stotinki and 1 lv (1 lv = 100 stotinki) .
The most common banknotes in 2, 5 and 10 lev .
As you have already noticed, when you hover the Bulgarian currency (lev), a hint pops up where showed its current rate.
What currency can I pay in Bulgaria?
Unfortunately, you will not able to pay in dollars in Bulgaria. An exception can be made for the euro, but most likely this will require a purchase for a big sum or at a large and popular supermarket. In the country it is customary to pay exclusively by levs (regardless of the fact that in most stores prices are also quoted in euros).
Can I pay with a credit card in Bulgaria?
It is possible, but as it was said above, you can pay with a credit card either in the bank or in an expensive hotel.
In small shops, in markets, in supermarkets, cards are not accepted, sometimes they do not yet have terminals.
In the country there are ATMs for withdrawing cash. In general, the ATM network is successfully developed not only on the coast, but also at ski resorts. In the city of Nessebar, for example, we saw ATMs not only near banks, but also in some buildings.
It is worth to know: before going to Bulgaria, you need to consult with your bank’s staff and find out whether it will be possible to withdraw money from your card abroad and how large the commission will be.
How and where can I change money (buy currency) in Bulgaria?
It is most profitable to change money in the bank. They are not very much banks in Bulgaria, but here is a list of most popular of them: CBM (United Bank of Bulgaria), UniCredit, Societe Generale, OTP, ProCredit Bank. But more popular (according to most tour operators and even most tourists) here are Exchangers.
As a rule, banks work from 9:00 to 16:00, from 12:00 to 13:00 break; Weekends – Saturday and Sunday, as well as public holidays. In large tourist cities their work schedule can be changed.
On some sites, there is an information that the passport does not required in a bank. Since we personally happened to face this, we inform you that a passport is needed when exchanging currency! We were asked not only the passport, but also the address of the hotel in which we settled. As exeption, if you charge a small amount of cash, manager can ask you to write you name and surname and charge your money without a passport.
Unlike ATMs, there are a lot of exchangers in Bulgaria, literally at every corner. Do not be tempted by their high exchange rate, often this is the sales rate, and already inside, in an inconspicuous corner, write the real purchase price. Therefore, the phrase “no comission” though sounds tempting, can only concern sales. Also, often outside hang out the rate of the National Bank, and the rate of the exchanger itself – inside. Be cautious and always ask how many levs you will receive for the amount you have given in the currency.
Important: the most profitable exchange rates in exchange offices of the country usually occur in large cities (like Sofia, Varna and Bourgas).
In Bulgaria, there is a strictest ban on the exchange of currency from hands. But nevertheless, such temptations are everywhere, because the course there is the most profitable. It is better not to be guided by such proposals, because you will certainly be deceived!
Unused levs can be re-exchanged for currency before departure. This can be done both at customs and, for example, at the airport.
After exchanging banknotes for Bulgarian levs, leave checks with you, since there is a high probability that you may be asked for them in the reverse exchange.
Is it profitable to change money?
As we were able to see, changing the levs to the currency is unprofitable. Rather not that it is not profitable, but it does not always work out for a long time. Thus the sum should be considerable.
In the end, it was easier for us to spend in the last day 10 levs(And leave it to memory 1 lev), than to look for a place where they can be converted.
What is better to take with you to Bulgaria?[the_ad id=”6272″] We advise you to take with you the euro or dollars and exchange them in the bank (other currencies are less valuable), because in the exchanger is often very unprofitable course, despite the advertisement “without commissions”. To save time and nerves, you can take a credit card, having previously asked which payment system is more profitable to use, as well as the amount of commission for withdrawing cash.
Tips for tourists: everything you need to know about currency and money in Bulgaria.
Let`s make a summary and write the most important information about the currency of Bulgaria, currency exchange and purchases:
- The monetary unit of Bulgaria is the Lev (BGN) and you should use it for all purchaces in the country;
- It is better to exchange banknotes in euros or dollars in one of the banks of Bulgaria;
- It can be a small problems with payment with a credit cards – only large hotels and banks accept them;
- It is advisable to take a credit card, having consulted beforehand and making sure that the bank allows you to withdraw money abroad, and the amount of commission is not high;
- In Bulgaria, bills in cafes and restaurants are rounded to the full amount. Even if you did not like the service, it is better not to require a small change. It is more likely that an employee will give it away with small coins.
How much money can I import and export from the country?
Import and export of the national currency of Bulgaria is possible, but there are certain nuances (depending on the amount you may be required to fill out a customs declaration). Therefore, we recommend taking with you on a trip the euro or dollars.
The currency of Bulgaria (BGN) is considered one of the most stable in Europe, because its rate to the dollar has not changed for many years.