Convert Bulgarian Lev to New Taiwan Dollar
Please provide values below to convert Bulgarian Lev [BGN] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Bulgarian Lev.
How to Convert Bulgarian Lev to New Taiwan Dollar
1 BGN = 0.0567886940234974 TWD
Example: convert 15 BGN to TWD:
15 BGN = 15 × 0.0567886940234974 TWD = 0.85183041035246 TWD
Bulgarian Lev to New Taiwan Dollar Conversion Table
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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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.