Convert Brazilian Real to Bulgarian Lev
Convert Brazilian Real (BRL) to Bulgarian Lev (BGN) using daily updated exchange rates.
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Exchange Rate
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About Brazilian Real
The Brazilian Real (BRL) was introduced on 1 July 1994 as a cornerstone of the Plano Real economic stabilisation programme, which successfully ended decades of hyperinflation that had reached over 2,000% annually. The name "real" means "royal" in Portuguese and also "real" as in genuine. The Banco Central do Brasil manages monetary policy. Brazil has the largest economy in Latin America and the ninth largest globally. The real is divided into 100 centavos. The BRL is one of the most important emerging market currencies and is heavily traded in global forex markets.
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.
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).