140 Years Since the Establishment of Bulgarian Lev

Society | June 4, 2020, Thursday // 17:16| Views: | Comments: 0
Bulgaria: 140 Years Since the Establishment of Bulgarian Lev Novinite

Today marks 140 years since the establishment of the Bulgarian lev.

On June 4, 1880, the Law on the Right to Cut Coins in the Principality of Bulgaria was promulgated and entered into force, the BNB announced. This law created the national currency "lev", divided into one hundred parts - "stotinki", and determined the weight, metal content and images of Bulgarian coins.

From the day of promulgation of the law, all governmental and municipal institutions in Bulgaria, as well as private individuals, are obliged to accept levs and stotinki (pennies) and to issue documents for monetary transactions with amounts in levs and stotinki.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Society » Be a reporter: Write and send your article
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria