Back بلغاريا واليورو Arabic България и еврото Bulgarian Bulgària i l'euro Catalan Bulgarian liittyminen euroalueeseen Finnish Euro et Bulgarie French Բուլղարիան և եվրոն Armenian Adozione dell'euro in Bulgaria Italian Bulgaria lan Euro JV Болгария и евро Russian Bulgarien och eurosamarbetet Swedish
- European Union member states (special territories not shown)
- 20 in the eurozone5 not in ERM II, but committed to join the eurozone on meeting the convergence criteria (Czech Republic, Hungary, Poland, Romania, and Sweden)
- Non–EU member states
Bulgaria is expected to adopt the euro on 1 January 2026, which would make it the 21st member state of the eurozone.[1]
When Bulgaria joined the EU in 2007 it committed to join the eurozone and replace its currency with the euro. In February 2025, the country officially requested off-cycle assessments of their convergence by the European Commission and ECB to determine the country's readiness.[2][3] The 2025 convergence reports published on 4 June 2025 concluded that Bulgaria met the convergence criteria.[4]
The Bulgarian lev has been under a currency board since 1997, with a fixed exchange rate initially against the Deutsche Mark and subsequently its replacement, the euro. The convergence exchange rate is fixed at 1 EUR = 1.95583 BGN.
When Bulgaria adopts the euro, it would become only the second official currency in the country's history, replacing the lev, which was established in 1880 and first introduced in 1881.
- ^ "Bulgaria meets criteria to join the euro area on 1 January 2026". 4 June 2025.
- ^ Petkova, Temenuzhka; Radev, Dimitar (25 February 2025). "Request for Convergence reports" (PDF). bntnews.bg. Retrieved 12 April 2025.
- ^ Nikolov, Krassen (26 February 2025). "Bulgaria claims it is fully ready to adopt the euro". Euractiv. Archived from the original on 26 February 2025. Retrieved 26 February 2025.
- ^ "Bulgaria meets criteria to join the euro area on 1 January 2026".
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