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Bulgaria and the euro information


Eurozone participation
European Union member states
(special territories not shown)
  20 in the eurozone
  1 in ERM II, without an opt-out (Bulgaria)
  1 in ERM II, with an opt-out (Denmark)
  5 not in ERM II, but obliged to join the eurozone on meeting the convergence criteria (Czech Republic, Hungary, Poland, Romania, and Sweden)
Non–EU member states
  4 using the euro with a monetary agreement (Andorra, Monaco, San Marino, and Vatican City)
  2 using the euro unilaterally (Kosovo and Montenegro)

Bulgaria plans to adopt the euro and become the 21st member state of the eurozone. The Bulgarian lev has been on the currency board since 1997 through a fixed exchange rate of the lev against the Deutsche Mark and the euro. Bulgaria's target date for introduction of the euro is 1 January 2025, which would make the euro only the second national currency of the country since the lev was introduced over 140 years ago. The official exchange rate is 1.95583 lev for 1 euro.

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Bulgaria and the euro

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Bulgaria plans to adopt the euro and become the 21st member state of the eurozone. The Bulgarian lev has been on the currency board since 1997 through...

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Euro

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government of Bulgaria aims to replace the Bulgarian lev by the euro on 1 January 2025. In November 2023, Bulgarian euro coin design has been revealed and approved...

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Bulgarian lev

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2023, Bulgarian euro coin designs have been revealed and approved by the Bulgarian National Bank. The currency's name comes from the archaic Bulgarian word...

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Enlargement of the eurozone

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the progress towards introduction of the euro in Bulgaria and practicalities of the euro changeover, was also launched on 25 March. In June 2024, the...

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Bulgaria national football team

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Bulgaria have failed to qualify for any major tournament since UEFA Euro 2004. The Bulgaria national football team was formed in 1922. In 1923, the Bulgarian...

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Economy of Bulgaria

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The economy of Bulgaria functions on the principles of the free market, having a large private sector and a smaller public one. Bulgaria is an industrialised...

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European Exchange Rate Mechanism

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introduced by the European Economic Community on 1 January 1999 alongside the introduction of a single currency, the euro (replacing ERM 1 and the euro's predecessor...

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UEFA Euro 2004 Group C

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of UEFA Euro 2004 was one of four groups in the final tournament's initial group stage. It began on 14 June and was completed on 22 June. The group consisted...

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Euro banknotes

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Banknotes of the euro, the common currency of the eurozone (euro area members), have been in circulation since the first series (also called ES1) was...

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2007 enlargement of the European Union

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before the end of the year. Bulgaria held its election on 20 May 2007 and Romania on 25 November 2007. Bulgaria and the euro Romania and the euro 1973 enlargement...

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UEFA Euro 1996 Group B

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of UEFA Euro 1996 was one of four groups in the final tournament's initial group stage. It began on 9 June and was completed on 18 June. The group consisted...

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Eurozone

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old rate (1.95583 per euro). The Bulgarian lev was initially pegged to the Deutsche Mark at a rate of BGL 1000 to DEM 1 in 1997, and has been pegged at a...

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UEFA Euro 2024

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The 2024 UEFA European Football Championship, commonly referred to as UEFA Euro 2024 (stylised as UEFA EURO 2024) or simply Euro 2024, will be the 17th...

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List of banks in Bulgaria

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step before adopting the Euro as a national currency. The following is a list of banks in Bulgaria. Bulgarian National Bank Bulgarian Development Bank Аll...

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Language and the euro

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the spelling of the words euro and cent in the many languages of the member states of the European Union, as well as in relation to grammar and the formation...

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UEFA Euro 2028 bids

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together with the Portuguese Football Federation for Euro 2028 or the 2030 World Cup.  Romania,  Greece,  Bulgaria and  Serbia At the meeting in February...

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Bulgaria

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Bulgaria, officially the Republic of Bulgaria, is a country in Southeast Europe. Located west of the Black Sea and south of the Danube river, Bulgaria...

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Euro sign

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The euro sign (€) is the currency sign used for the euro, the official currency of the eurozone and adopted, although not required to, by Kosovo and Montenegro...

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Hristo Stoichkov

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Italy. They subsequently lost the third place play-off to Sweden, 4–0. Bulgaria finished second in the qualifying group for Euro 1996 behind Germany. Stoichkov...

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Poland and the euro

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the złoty, with the euro. There is no target date for Polish euro adoption, and no fixed date for when the country will join ERM-II (the fifth euro convergence...

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UEFA Euro 2004

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The 2004 UEFA European Football Championship, commonly referred to as Euro 2004, was the 12th edition of the UEFA European Championship, a quadrennial...

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Czech Republic and the euro

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The Czech Republic is bound to adopt the euro in the future and to join the eurozone once it has satisfied the euro convergence criteria by the Treaty...

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Romania and the euro

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membership and Euro adoption. In March 2023, the government set the target to enter the antechamber of the eurozone (ERM-II) to 2026 and the target for euro adoption...

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Croatia and the euro

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5345 kn. Croatia's previous currency, the kuna, used the euro (and prior to that one of the euro's major predecessors, the German mark or Deutsche Mark) as...

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5 euro note

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The five-euro note (€5) is the lowest value euro banknote. It has been used since the introduction of the euro (in its cash form) in 2002. The note is...

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UEFA Euro 2024 qualifying Group G

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five teams: Bulgaria, Hungary, Lithuania, Montenegro and Serbia. The teams played against each other home-and-away in a round-robin format. The top two teams...

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Montenegro and the euro

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adopted the euro in 2002 as its de facto domestic currency. This means that even though the euro is not a legal tender there, it is treated as such by the government...

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