Bulgaria to Adopt the Euro on January 1, 2026


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Starting January 1, 2026, Bulgaria will officially adopt the euro (€) as its national currency, replacing the Bulgarian lev (BGN). The conversion will happen at a fixed exchange rate of 1 euro = 1.95583 lev, a rate that has been in place under Bulgaria’s long-standing currency board arrangement since 1999.

© Immo Wegmann, Unsplash

This change marks a major step in Bulgaria’s European integration, following years of preparation, economic alignment, and institutional reforms. Bulgaria entered the EU in 2007 and joined the EU’s Exchange Rate Mechanism (ERM II) in 2020, often referred to as the “eurozone waiting room”. In June 2025, both the European Commission and the European Central Bank confirmed that Bulgaria meets all the necessary convergence criteria.

The introduction of the euro is expected to simplify travel, eliminate exchange rate fees for eurozone visitors, and make business and tourism transactions more convenient. Tourists visiting Bulgaria after January 1, 2026, will be able to use euro cash and cards across the country, including in hotels, restaurants, shops, and public transport.

According to the official National Euro Changeover Plan:

  • Both currencies will circulate in parallel for one month after January 1, 2026, allowing people to exchange their levs without pressure.
  • Bulgarian euro coins will feature national symbols including the Madara Horseman, St. John of Rila, and St. Paisius of Hilendar.

For travelers planning trips to Sofia and other parts of Bulgaria in early 2026, no action is needed — simply bring your euros and enjoy your stay.