Currency Pair AMD/BGN: An Overview

The currency pair AMD/BGN consists of the Armenian dram (AMD) and the Bulgarian lev (BGN). This currency pair represents the exchange rate between Armenia's and Bulgaria's national currencies. Below is a brief description of these two currencies.

The Armenian Dram (AMD)

The Armenian dram (AMD) is the official currency of Armenia. It was introduced in 1993, after Armenia gained independence from the Soviet Union. The dram is divided into 100 luma. The Central Bank of Armenia is responsible for issuing and regulating the currency. AMD is used in all types of financial transactions within the country, from everyday purchases to larger business deals.

The Bulgarian Lev (BGN)

The Bulgarian lev (BGN) is the official currency of Bulgaria. The lev has a long history dating back to 1881, but the current version of the currency was introduced in 1999 as part of an economic stabilization plan. One lev is divided into 100 stotinki. The Bulgarian National Bank (Българска народна банка) is responsible for the currency. BGN is closely tied to the euro, giving it a relatively stable exchange rate.

Convert Between AMD and BGN

On our website, you can easily convert between AMD and BGN, as well as many other currencies. Follow these simple steps to use our currency converter:

1. Enter the amount you want to convert.
2. Select the original currency (e.g. AMD).
3. Choose the target currency (e.g. BGN).
4. The conversion will then be done automatically.

A chart with historical figures for the currency pair will be presented alongside the conversion, giving you a clear picture of how the exchange rate has evolved over time.

Benefits of Using the Currency Converter

Our currency converter is a powerful tool for both individuals and businesses in need of accurate and fast information about current exchange rates. With the ability to view historical data, you can also make more informed decisions based on past trends.

Whether you are planning a trip, conducting international business, or simply curious about exchange rates, our currency converter offers a simple and reliable solution for your needs.