Convert Bulgarian Lev to South Korean Won
Please provide values below to convert Bulgarian Lev [BGN] to South Korean Won [KRW], or Convert South Korean Won to Bulgarian Lev.
How to Convert Bulgarian Lev to South Korean Won
1 BGN = 0.00120615849657508 KRW
Example: convert 15 BGN to KRW:
15 BGN = 15 × 0.00120615849657508 KRW = 0.0180923774486261 KRW
Bulgarian Lev to South Korean Won Conversion Table
| Bulgarian Lev | South Korean Won |
|---|
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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.