Bulgaria Approved to Join Euro Area with Fixed Conversion Rate
By
toomuchtodo
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Summary
Bulgaria has been approved to join the euro area on 1 January 2026 with a fixed conversion rate of 1.95583 lev per euro.
Key quotes
· 3 pulledToday the Council of the European Union formally approved the accession of Bulgaria to the euro area on 1 January 2026.
The European Central Bank (ECB) and Българска народна банка (Bulgarian National Bank) agreed to monitor developments in the Bulgarian lev against the.
Conversion rate of lev fixed at 1.95583 = EUR 1
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