The basic unit of currency for Bulgaria is the Bulgarian Lev (BGN). The lev is further divided into 100 smaller units called stotinki. The Bulgarian Lev has been the official currency of Bulgaria since 1881, making it one of the oldest currencies in Europe.

The symbol for the Bulgarian Lev is лв, which is an abbreviation for the word "lev." The word "lev" itself translates to "lion" in English, and the currency's symbol is derived from the lion's head depicted on the country's coat of arms.

Since Bulgaria's accession to the European Union in 2007, there have been discussions about adopting the euro as the country's currency. However, as of now, the Bulgarian Lev remains in circulation and is widely accepted throughout the country.

When visiting Bulgaria, it is important to familiarize yourself with the local currency and its exchange rate. The Bulgarian Lev is readily available at currency exchange offices, banks, and ATMs throughout the country. It is advisable to exchange your currency at authorized exchange offices or withdraw cash from reputable ATMs to ensure you get a fair exchange rate.

Most businesses in Bulgaria accept major credit cards such as Visa and Mastercard. However, it is always a good idea to carry some cash, especially when visiting smaller towns or local markets where card payments may not be accepted.

In terms of currency exchange rates, they fluctuate daily and can be influenced by various factors such as economic conditions, political events, and global market trends. It is recommended to check the current exchange rate before traveling to Bulgaria to have a better understanding of the value of your currency.

In conclusion, the basic unit of currency for Bulgaria is the Bulgarian Lev (BGN). It is an essential aspect to consider for anyone planning to visit the country, as it is widely used for transactions. Familiarizing yourself with the local currency and its exchange rate will help ensure a smooth and hassle-free experience during your stay in Bulgaria.

Sign Up