Convert Bulgarian Lev to Macedonian Denar
Convert Bulgarian Lev (BGN) to Macedonian Denar (MKD) 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 Macedonian Denar
The Macedonian Denar (MKD) has been the official currency of North Macedonia since 1992, replacing the Yugoslav dinar following the country's independence. The name "denar" derives from the ancient Roman silver coin "denarius". The National Bank of the Republic of North Macedonia manages monetary policy with a fixed exchange rate de facto pegged to the Euro. North Macedonia is a small Balkan country with an economy based on steel, iron, lead, zinc, manganese, chromite, and tungsten mining, as well as agriculture and light manufacturing.
Quick Reference Table
| Bulgarian Lev (BGN) | Macedonian Denar (MKD) |
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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).