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About Euro
The euro is the official currency of 21 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents.
The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, by one British Overseas Territory, as well as unilaterally by two European states that are not EU members. Outside Europe, a number of special territories of EU members also use the euro as their currency.
The euro is used by 358 million people in the eurozone, in addition to those living in states and territories where the euro is also the sole official currency. Furthermore, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. As of December 2019, with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world.
The name euro was officially adopted on 16 December 1995 in Madrid. WikipediaAbout Bulgarian Lev
The lev was the currency of Bulgaria from 1880 to 2025. The euro replaced the lev on 1 January 2026; during the cash changeover period, the lev and the euro circulated in parallel for cash payments, and from 1 February 2026 the euro became the sole legal tender in Bulgaria.
The name lev derives from an archaic Bulgarian word meaning "lion". The lev was subdivided into 100 stotinki; the term is derived from the Bulgarian word for "hundred" and is modelled on the French centime. On Bulgarian euro coinage, the denominations below one euro use the inscriptions СТОТИНКА / СТОТИНКИ as the Bulgarian equivalent of "cent".
Under a currency board introduced in 1997, the lev was initially pegged to the Deutsche Mark. In 1999, the lev was redenominated at 1000:1 with 1 new lev equal to 1 DEM. Subsequently the peg was shifted to the euro at a fixed rate of 1 EUR = 1.95583 BGN. The lev joined the European Exchange Rate Mechanism on 10 July 2020 at the same rate until ultimately exiting both the ERM II and the currency board upon joint the eurozone on 1 January 2026. Wikipedia