Major foreign currencies can be exchanged in banks and exchange bureaus.
Bulgarian coins and banknotes
The official currency in Bulgaria is the lev. (plural leva)
One lev is divided into 100 stotinki.
Banknotes come in denominations of 2, 5, 10, 20 and 50 leva.
Coins come in denominations of 1, 2, 5, 10, 20 and 50 stotinki and 1 lev.
The Bulgarian lev has a fixed rate of 1.96 lv for one euro. Dividing the prices in Bulgaria by 2 will give you the rough equivalent in euro.
Exchange bureau on Graf Ignatiev str, Sofia, Bulgaria.
Typically, exchange bureaus do not charge a commission for currency exchange. Exchange rates at airports, railway stations and hotels, however, are not favorable.
Cases of misleading exchange practices have also been reported, though mainly in summer and winter resorts. Usually those include bureaus that post just one rate (the sell rate), but buy the currency at the much lower “buy rate”, posted somewhere else in small print.
A new law limits the difference between the exchange bureau’s rate and the official exchange rate of the Bulgarian National Bank to 5%.
Banks usually charge a commission of about 10%.
In the recent past scores of swindlers lingered around tourist spots and offered to exchange money as a “helpful gesture”. This practice is less prevalent now. Needless to say, here as everywhere exchanging money on the street is a very bad idea.