Convert Bulgarian Lev to New Zealand Dollar
Please provide values below to convert Bulgarian Lev [BGN] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Bulgarian Lev.
How to Convert Bulgarian Lev to New Zealand Dollar
1 BGN = 0.999161174355902 NZD
Example: convert 15 BGN to NZD:
15 BGN = 15 × 0.999161174355902 NZD = 14.9874176153385 NZD
Bulgarian Lev to New Zealand Dollar Conversion Table
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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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.