The Bulgarian Lev
A legacy worth preserving
The Bulgarian lev (BGN) has been Bulgaria’s official currency since 1881. With the adoption of the euro, BGNC preserves this cultural legacy through blockchain technology, ensuring the lev’s identity continues in a modern, digital form.
Historical Origin
Introduced in 1881, the Lev became a symbol of Bulgarian independence and economic sovereignty. Its name derives from the archaic Bulgarian word for lion "лев", reflecting the strength and pride of the nation.
Modern Era
Since 1997, the BGN has been pegged to the Euro (previously the Deutsche Mark) at a fixed rate of 1.95583 BGN = 1 EUR, ensuring stability and facilitating trade within Europe.
Euro Transition
With Bulgaria’s planned euro adoption by 2026, BGNC preserves the lev on the blockchain, ensuring global, permissionless access for anyone worldwide.