1.95583
Fixed rate: 1 EUR = 1.95583 BGN
Prices & Salaries in Euro
What Bulgaria’s euro changeover means for you — in plain language, with tools to check.
1 Jan 2026
Bulgaria adopts the euro
30 Jun 2026
End of dual circulation
Tools to check
Salary Calculator (in euro)Gross ↔ net on 2026 rates — result in euro with an approximate lev value.Euro Price CheckerCheck whether a price is correctly converted and verify a dual-price label.VAT CalculatorAdd or remove VAT (20% / 9%) — in euro, with an approximate lev value.Euro ⇄ Lev ConverterConvert at the fixed rate 1 EUR = 1.95583 BGN.
Key dates
- 1 January 2026Bulgaria is in the eurozone; the euro is the official currency. Salaries, invoices and bills are denominated in euro.
- 1 January – 30 June 2026Transition period: the lev remains legal tender for cash, and prices are shown in both euro and lev.
- 30 June 2026End of dual circulation: the lev stops being legal tender for cash payments.
- After 30 June 2026Cash is euro-only. Banks exchange lev at the fixed rate free of charge (for a set period).
What happens to my salary?
Your salary keeps its value — it is simply expressed in euro at the fixed rate. Gross and net are converted with the full rate and rounded to the euro cent. Compute the exact euro figure →
What happens to prices and VAT?
Prices are denominated in euro, with dual display through 30 June 2026. VAT is unchanged (20% / 9%). Check whether a price is correct →
Dual pricing and rounding
Prices are shown in both euro and lev at the rate 1.95583. Conversion uses the full rate and rounds to the euro cent (an exact .5 rounds up). Convert an amount →
Frequently asked questions
What is the lev-to-euro rate?
Irrevocably fixed at 1 EUR = 1.95583 BGN. It does not move and is not market-dependent, so every conversion gives the same result.
Will my salary change?
No — the value stays the same, it is simply expressed in euro. Your gross and net are converted at the fixed rate. See the salary calculator for the exact euro figure.
Are prices in euro now?
Yes, prices are denominated in euro. Through 30 June 2026 dual pricing is mandatory — the price is shown in both euro and lev so you can compare.
How long can I still pay in lev?
In cash — until 30 June 2026. After that the lev stops being legal tender, but banks exchange notes and coins at the fixed rate.
Are prices rounded up?
Conversion uses the full rate (1.95583) then rounds to the euro cent; an exact .5 rounds up. That is normal. A jump well above the rounding can be a violation, though — use the price checker to compare.
Will goods get more expensive because of the euro?
The currency switch itself does not raise prices — it only re-expresses them at a fixed rate. Dual pricing and checks exist precisely to prevent hidden increases.
Indicative reference only. The official rules are set by Bulgaria’s Law on the Introduction of the Euro.