Convert Bulgarian Lev to Armenian Dram
Please provide values below to convert Bulgarian Lev [BGN] to Armenian Dram [AMD], or Convert Armenian Dram to Bulgarian Lev.
How to Convert Bulgarian Lev to Armenian Dram
1 BGN = 0.00434210903182634 AMD
Example: convert 15 BGN to AMD:
15 BGN = 15 × 0.00434210903182634 AMD = 0.065131635477395 AMD
Bulgarian Lev to Armenian Dram Conversion Table
| Bulgarian Lev | Armenian Dram |
|---|
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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.