Convert 1 Bulgarian Lev (BGN) to Israeli New Sheqel (ILS)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Bulgarian Lev (BGN) to Israeli New Sheqel (ILS) , a table containing most common conversions and a chart with the pair's evolution.
The Bulgarian Lev (BGN) to Israeli New Sheqel (ILS) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Bulgarian Lev and Israeli New Sheqel on 11/21/2024 is 1 BGN = 2.0161 ILS - AVERAGE intraday quotes were used for this currency conversion.
The official currency of Bulgaria is the lev and each lev can be subdivided into 100 stotinki. The written symbol for the lev is "??". Interestingly, even thought the stotinki is a sub-unit of the lev, the word stotinki itself in archaic Bulgraina actually is translated as "lev", which at the time was defined as "lion".
The BGN was formed in July 1999 when the previous version of the lev, then known as BGL, was re-denominated and devalued 1000:1. Originally pegged to the German Mark it is now pegged at a fixed rate to the euro.
The lev is available in 1, 2, 5, 10, 20, 50, and 100 lev banknotes with the 1 lev note no longer being printed as it was replaced by a 1 lev coin. Other minted coins of the BGN are 1, 2, 5, 10, 20, 50 stotinki and 1 lev.
About Israeli New Sheqel (ILS)
The Israeli new shekel is the official currency of Israel and the Palestinian territories. The currency code for the new shekel is ILS and the word shekel is singular and can be written as sheqel and when plural it is written as shekalim. The symbol for the shekel is "?" and each shekel can be divided into 100 agora, plural agorot.
The Bank of Israel issues banknotes in 20, 50, 100, and 200 new shekalim values and coins in 10 agorot and ½, 1, 2, 5, 10 new shekalim values. The newest printing of the 20 shekalim banknote is on a polymer base in lieu of the more traditional paper base. In 2011 the Bank of Israel has said that it intendeds to remove the word "new" from "new shekel" having been 25 years since its original issuance.