Bulgarian Currency

Are you wary of having your money changed in a foreign land? Are you visiting Bulgaria for the first time and needs some helpful advice on how to go about changing your money into Bulgarian currency? Read on to get some of these advices that you are looking for...

Turning your Foreign Money into Bulgarian Currency
The Bulgarian currency is the Lev or the Leva, when you say it in plural form. The “Lev” is actually the old Bulgarian term for lion. Bulgaria has a stable economy that largely depends on cash resulting in the value of its currency being tied to the Euro. As of the moment, 1 Bulgarian Lev is estimated to have an exchange rate of 0.6816 US dollars.

If you are a visitor to the country, it is best that you have your money changed in banks or in legitimate change bureaus. You have to know that there are change bureaus that will charge commissions on transactions concerning cash and traveler's checks that are either unclear in its posting or is posted in prints that are very fine. You have to be cautious about people on the streets, who will offer to change your foreign money into Bulgarian currency. Even if they do offer high exchange rates, most of them are out to swindle you into accepting useless bank notes and coins. These people are dubbed as confidence tricksters and they are exceptional when it comes to differentiating those who are just visiting their country from the real Bulgarians. You have to remember always that you must never accept worn out, old or dirty bank notes or bills that are scotch-taped to repair torn areas.

Where to Have Your Foreign Money Changed
If you are visiting Bulgaria for the first time, then it is highly expected that you will come into the country by the way of the airport. To be sure that you are not tricked when it comes to exchanging your foreign money into the Bulgarian currency Lev, have your money exchanged at the change bureau right at the Sofia Airport. There are also a number of legitimate change bureaus located in the store fronts in Bansko town that won't charge a commission when they change your dollars, for example, into Leva.

You can also have your money changed in banks. They operate on the usual banking hours of 9am to 4pm, from Mondays to Fridays, except on holidays. You have to remember though that banks, as well as other stores and change bureaus for that matter, will never change foreign currency that are very dirty, damaged or torn. Other offices that exchange currencies could be found in all the cities of Bulgaria, most of which are open until 5pm while some are open 24 hours a day.

Always keep it in mind to count and examine the Leva given to you in exchange for your foreign money. Make sure that the change bureau that you use in having your money changed, gave you the exact amount of cash as per the exchange rate.