Convert Bulgarian Lev to Icelandic Króna
Please provide values below to convert Bulgarian Lev [BGN] to Icelandic Króna [ISK], or Convert Icelandic Króna to Bulgarian Lev.
How to Convert Bulgarian Lev to Icelandic Króna
1 BGN = 0.0137012525521417 ISK
Example: convert 15 BGN to ISK:
15 BGN = 15 × 0.0137012525521417 ISK = 0.205518788282126 ISK
Bulgarian Lev to Icelandic Króna Conversion Table
Bulgarian Lev | Icelandic Króna |
---|
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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.