Convert 16 Bulgarian Lev (BGN) to Romanian Leu (RON)
Exchange rates used for currency conversion updated on November 23rd 2024 ( 11/23/2024 )
Below you will find the latest exchange rates for exchanging Bulgarian Lev (BGN) to Romanian Leu (RON) , a table containing most common conversions and a chart with the pair's evolution.
The Bulgarian Lev (BGN) to Romanian Leu (RON) 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 Romanian Leu on 11/23/2024 is 1 BGN = 2.5438 RON - 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 Romanian Leu (RON)
The official currency for Romania is the Romanian leu. The leu is expected to be replaced by the euro in the country as early as 2014. Currently, the leu is subdivided into 100 bani. Those visiting Romania can exchange currency at banks and through legal and legitimate moneychangers. Money changing counters are available in many airport terminals and hotels offer this service as well.
