Explore the Currency Pair BGN/KZT: Bulgarian Lev and Kazakhstani Tenge

The currency pair BGN/KZT represents the exchange rate between the Bulgarian Lev (BGN) and the Kazakhstani Tenge (KZT). For investors, travelers, and businesses, understanding the dynamics between these two currencies is important to make well-informed economic decisions. Here, we provide a brief overview of both currencies and their significance in the global market.

Bulgarian Lev (BGN)

The Bulgarian Lev (BGN) is the official currency of Bulgaria. Lev is divided into 100 stotinki and has a strong link to the euro (EUR) through a currency board. Bulgaria is a member of the European Union, which means its currency is influenced by economic and political conditions within the EU. The Bulgarian central bank, Balgarska narodna banka, oversees and regulates the currency.

Kazakhstani Tenge (KZT)

The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan. Tenge is divided into 100 tiyn. The currency was introduced in 1993 after Kazakhstan gained independence from the Soviet Union. The National Bank of Kazakhstan, the Kazakhstani central bank, is responsible for monitoring and regulating the Tenge. Kazakhstan is one of the world's largest oil producers, which means the Tenge is often affected by global oil prices.

Convert Between BGN and KZT

On our website, you can easily convert between Bulgarian Lev and Kazakhstani Tenge. Follow these simple steps to use our currency converter:

1. Enter the amount you want to convert.
2. Select the base currency (BGN or KZT).
3. Choose the target currency (BGN or KZT).
4. The conversion will happen automatically, and you will receive the result instantly.

In addition to direct conversions, we also provide a chart with historical figures for the currency pair BGN/KZT. This allows users to analyze past trends and make informed decisions.

Summary

Whether you are an investor, business owner, or traveler, understanding the currency pair BGN/KZT can give you an advantage. Use our currency converter to easily and quickly switch between Bulgarian Lev and Kazakhstani Tenge, and take advantage of the historical data available on our site.