Bulgarian Lev

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Bulgarian Lev

The currency of Bulgaria. The fourth lev replaced the third lev in 1999 at a ratio of 1,000 third leva to one fourth lev. At its introduction, the lev was pegged to the Deutsche mark at a 1:1 ratio. When Germany adopted the euro, Bulgaria unofficially switched its peg to the new currency at a ratio of 1.95583 leva to one euro.
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