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Open <% currencies.converter.data.Current.closerate %>
High <% currencies.converter.data.Current.high %>
Low <% currencies.converter.data.Current.low %>
Change
<% currencies.converter.data.Current.absolute|toFixed:5 %> (<% currencies.converter.data.Current.percentage %>%)
Convert
<% 1 %> USD = <% 1 * currencies.converter.rate |toFixed: 4 %> BGN
Into
<% 1 %> BGN = <% 1 / currencies.converter.rate |toFixed: 4 %> USD
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USD to BGN conversion rates
USD
BGN
<% amount %> USD
<% amount * currencies.converter.rate |toFixed: 4 %> BGN
BGN
USD
<% amount %> BGN
<% amount / currencies.converter.rate |toFixed: 4 %> USD
USD to BGN charts
USD/BGN Live Chart
USD/BGN Historical Chart
What impacts the USD/BGN exchange rate
The USD/BGN symbol denotes the trading of the US dollar against the Bulgarian lev - a currency pair that does not see much trading volume in the forex market but still has plenty of opportunities to generate profits. The US dollar is the most popularly traded currency among forex traders while the Bulgarian lev sees considerably less interest. However, USD/BGN is an easy pair to trade if you have good fundamental knowledge about market moving events across the US, Eurozone and Bulgaria. Trade and industry are important contributors to the Bulgarian economy, with steel and iron being among the key exports out of the country. As a result, any changes in the price of these commodities can drive fluctuations in the value of the Bulgarian lev. For instance, an increase in the price of iron can strengthen the BGN, causing the exchange rate of USD/BGN to weaken, and vice versa. Before being pegged to the Euro, the Bulgarian lev was previously pegged to the French Franc, German Mark, Russian Ruble and even the US dollar. Bulgaria, being a member of the European Union, is expected to adopt the Euro although no deadline has been confirmed for the transition so far.
USD to BGN exchange rate - FAQ
How do economic events influence the exchange rate of USD/BGN?

The USD/BGN currency pair experiences volatility on the release of important economic events from the US and Bulgaria, including GDP, inflation, retail sales, trade balance, business confidence, PPI and construction related data.

What impact do central banks have on the currency rate of USD/BGN?

The US dollar sees fluctuations in its value on the release of monetary policy and interest rate decisions by the Federal Reserve. For instance, if the Fed hikes interest rates or tightens its monetary policy, the USD strengthens, causing USD/BGN to trade bullish, and vice versa.

What was the highest value of USD/BGN in 2020?

The USD/BGN forex pair touched a high of 1.8386 on 20 March 2020. This was the strongest level the pair traded at during 2020.