Convert 1 Bulgarian Lev (BGN) to Moroccan Dirham (MAD)
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 Moroccan Dirham (MAD) , a table containing most common conversions and a chart with the pair's evolution.
The Bulgarian Lev (BGN) to Moroccan Dirham (MAD) 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 Moroccan Dirham on 11/21/2024 is 1 BGN = 5.3936 MAD - 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 Moroccan Dirham (MAD)
Morocco is located in North Africa and is officially referred to as the Kingdom of Morocco. The official currency of Morocco is the Moroccan Dirham. The Dirham is sub-divided into centimes. Money is released in the country through the Bank Al-Maghrib which is the central bank in Morocco. Visitors to the country can exchange currency through the Official Bureauz De Change. Exchanging money in the streets in Morocco is illegal.
