Convert Bulgarian Lev to Saudi Riyal
Please provide values below to convert Bulgarian Lev [BGN] to Saudi Riyal [SAR], or Convert Saudi Riyal to Bulgarian Lev.
How to Convert Bulgarian Lev to Saudi Riyal
1 BGN = 0.444693333333333 SAR
Example: convert 15 BGN to SAR:
15 BGN = 15 × 0.444693333333333 SAR = 6.6704 SAR
Bulgarian Lev to Saudi Riyal Conversion Table
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.