Convert 16 Bulgarian Lev (BGN) to Japanese Yen (JPY)
Exchange rates used for currency conversion updated on December 25th 2024 ( 12/25/2024 )
Below you will find the latest exchange rates for exchanging Bulgarian Lev (BGN) to Japanese Yen (JPY) , a table containing most common conversions and a chart with the pair's evolution.
The Bulgarian Lev (BGN) to Japanese Yen (JPY) 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 Japanese Yen on 12/25/2024 is 1 BGN = 83.5942 JPY - 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 Japanese Yen (JPY)
Under the monetary policy and issuance directives of the Bank of Japan the JPY, when measured by value, is the world's third largest reserve currency and fourth most traded currency in open currency markets. It is the official currency of Japan and has shown contrarian resilience against world markets initially in the 1980's and more recently in the 2008 world credit crisis as the Bank of Japan retains there command economic policies while refusing to engage in economic stimulus.
