Convert Bulgarian Lev to Canadian Dollar
Convert Bulgarian Lev (BGN) to Canadian Dollar (CAD) using daily updated exchange rates.
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Exchange Rate
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About Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, with a history dating to 1880 when it replaced the Turkish piastre after Bulgaria's liberation. The word "lev" means "lion" in Bulgarian. Following a severe financial crisis in 1996-1997, a currency board was established and the lev was pegged first to the Deutsche Mark and then to the Euro at 1.95583 BGN per EUR. Bulgaria is an EU member since 2007 and is working towards adopting the Euro. The Bulgarian National Bank issues the lev, which is divided into 100 stotinki.
About Canadian Dollar
The Canadian Dollar (CAD), nicknamed the "Loonie" after the loon bird on the one-dollar coin, was introduced in 1858 and has been the official currency of Canada since Confederation in 1867. It is the sixth most traded currency in global foreign exchange markets. Canada's economy is among the world's ten largest and is closely integrated with the US economy under the USMCA (formerly NAFTA) agreement. The Bank of Canada manages monetary policy with a floating exchange rate.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).