It's Official: Eurogroup Sets Bulgaria’s Exchange Rate at 1 EUR = 1.95583 BGN Ahead of Eurozone Entry
The Eurogroup has confirmed the official conversion rate for Bulgaria’s planned adoption of the euro: one euro will be exchanged for 1.95583 leva
US Woman Foils Fraud Attempt at Sofia Currency Exchange
Crime | June 18, 2010, Friday // 17:19
- Tweet
Send to Kindle
Foreign citizens frequently complain from the exchange rates they get in Bulgarian currency exchange bureaus. Photo by BGNES
An American woman has called the police after a currency exchange teller in downtown Sofia allegedly tried to defraud her.
The US citizen went to exchange dollars into Bulgarian levs in a currency exchange bureau on the central Vitosha Blvd. Once she saw her receipt, she refused to sign it, and demanded her money back.
The teller is said to have reacted aggressively by returning to the American woman only half of her money, and tearing the rest of the banknotes in half.
After that she shut the counter and locked herself inside. The police have arrived on the spot and are investigating if the currency exchange bureau is the defrauding people with the exchange rate.
Related Articles:
Ministry of Finance: Bulgaria is facing Bankruptcy, there is Risk for the Fixed BGN-EUR Exchange Rate
Bulgaria is threatened with bankruptcy. There is a serious problem in maintaining fiscal stability
Minister Goranov: BGN-EUR Exchange Rate Won't Change
After consultations with the political forces in parliament, Finance Minister Vladislav Goranov stated that until its entry into the Eurozone Bulgaria will not change the exchange rate of the Bulgarian Lev which is now pegged to the Euro at EUR 1 to BGN 1
Currency Exchange Businessman Shot Dead in Bulgaria's Plovdiv
A man involved in the currency exchange business has been killed meters away from his home in Plovdiv, the second-largest Bulgarian city, police say.
Crime | February 3, 2015, Tuesday // 11:25
Bulgaria to Start Repaying Deposits in KTB Dec 4
Bulgaria’s Deposit Insurance Fund said on Thursday that from 4 December 2014 it will start repaying state-protected deposits in Corporate Commercial Bank (KTB), which had its banking license withdrawn earlier in the day.
Bulgaria’s Exchange Bureaus to Fall Under Scrutiny
Bulgaria’s National Revenue Agency will conduct an extensive nation-wide checkup of currency exchange bureaus.
Business | June 30, 2014, Monday // 13:16
Bulgarian Customs Officer Caught with Over 50,000 Euros in Bribery Scandal
A customs inspector in Bulgaria has been detained following the discovery of cash totaling over 110,000 leva (around 50,000 euros) in his residence
Crime | November 17, 2025, Monday // 17:05
Sofia’s Reduta Neighborhood on Edge After Series of Shootings
Residents of Sofia’s "Reduta" district are increasingly unsettled after a string of shooting incidents in the area around Pogledec and Petar Mitov streets
Crime | November 17, 2025, Monday // 08:44
Investigation Exposes Bulgarian Role in Massive Russian Money-Laundering Operation
Bulgarian brokerage firms have been implicated in an international investigation into a Russian money-laundering scheme. According to Intelligence Online
Crime | November 15, 2025, Saturday // 10:43
Sofia Police Warn: Drugs Hidden in Candy-Like Bags Targeting Children
The Sofia Directorate of Internal Affairs has reported a new and particularly dangerous method of drug distribution aimed at children
Crime | November 13, 2025, Thursday // 17:18
Bulgarian Prosecutors: North Macedonian Doctor Intentionally Ran Over Dog Maya, Freed on 2,500 Euros Bail
The Sofia District Prosecutor’s Office has concluded that the dog named Maya, who was run over in Sofia’s Razsadnika neighborhood
Crime | November 13, 2025, Thursday // 16:11
North Macedonian Doctor Who Ran Over Stray Dog Maya Leaves Bulgaria Amid Investigation
The doctor involved in the fatal incident with the stray dog Maya has left Bulgaria
Crime | November 12, 2025, Wednesday // 16:10
