Convert Bulgarian Lev to Colombian Peso
Please provide values below to convert Bulgarian Lev [BGN] to Colombian Peso [COP], or Convert Colombian Peso to Bulgarian Lev.
How to Convert Bulgarian Lev to Colombian Peso
1 BGN = 0.000413650280665039 COP
Example: convert 15 BGN to COP:
15 BGN = 15 × 0.000413650280665039 COP = 0.00620475420997559 COP
Bulgarian Lev to Colombian Peso Conversion Table
Bulgarian Lev | Colombian Peso |
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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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.