Pound sterling country flag

Pound sterling

GBP

£
Bulgarian Lev country flag

Bulgarian Lev

BGN

Лв.
Pound sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word pound is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks such as the Bank of Scotland and Clydesdale Bank in Scotland, and Danske Bank in Northern Ireland. Sterling banknotes issued by other jurisdictions are not regulated by the Bank of England; their governments guarantee convertibility at par. Historically, sterling was also used to varying degrees by the colonies and territories of the British Empire.
Bulgarian Lev
The lev (лев; plural: лева, левове; lev, leva, levove; ISO 4217 code: BGN) was the currency of Bulgaria from 1880 to 2025. The euro replaced the lev on 1 January 2026; during the cash changeover period (1–31 January 2026), the lev and the euro circulated in parallel for cash payments, and from 1 February 2026 the euro became the sole legal tender in Bulgaria. The name lev derives from an archaic Bulgarian word meaning "lion" (modern лъв, lǎv, IPA: [ɫɤf]). The lev was subdivided into 100 stotinki (стотинки; singular: стотинка, stotinka); the term is derived from the Bulgarian word for "hundred" (сто, sto) and is modelled on the French centime. On Bulgarian euro coinage, the denominations below one euro use the inscriptions СТОТИНКА / СТОТИНКИ as the Bulgarian equivalent of "cent". Under a currency board introduced in 1997, the lev was initially pegged to the Deutsche Mark (1,000 BGL = 1 DEM). In 1999, the lev was redenominated at 1000:1 with 1 new lev (1 BGN) equal to 1 DEM. Subsequently the peg was shifted to the euro at a fixed rate of 1 EUR = 1.95583 BGN. The lev joined the European Exchange Rate Mechanism (ERM II) on 10 July 2020 at the same rate until ultimately exiting both the ERM II and the currency board upon joint the eurozone on 1 January 2026.