Convert Hong Kong Dollar to Bulgarian Lev
Please provide values below to convert Hong Kong Dollar [HKD] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Bulgarian Lev
1 HKD = 4.7072439433917 BGN
Example: convert 15 HKD to BGN:
15 HKD = 15 × 4.7072439433917 BGN = 70.6086591508755 BGN
Hong Kong Dollar to Bulgarian Lev Conversion Table
| Hong Kong Dollar | Bulgarian Lev |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.