Updated for 2026

Bulgaria euro transition timeline

A practical schedule of the most important deadlines for citizens, consumers and businesses from 2025 to 2026.

Fixed rate

1 EUR = 1.95583 BGN

This is the legal conversion rate for all official BGN/EUR transitions.

Dual circulation

Jan 1-31, 2026

Both currencies can be used for cash payments during the first month.

Dual display

Aug 8, 2025-Dec 31, 2026

Retail prices remain visible in both currencies during the adaptation phase.

Detailed timeline

June 4, 2025
ECB and EC convergence report
The readiness assessment confirms Bulgaria's path toward euro adoption with a target date of January 1, 2026.
July 8, 2025
Final EU decision and fixed rate
The Council confirms Bulgaria's entry and sets the irrevocable rate: 1 EUR = 1.95583 BGN.
August 8, 2025
Dual display starts
Merchants begin mandatory display of prices in both BGN and EUR based on the official fixed rate.
January 1, 2026Key milestone
Euro adoption day
The euro becomes Bulgaria's official currency. Accounts, salaries, pensions and social payments are converted by law.
January 1-31, 2026
Dual circulation period
Cash payments can be made in both BGN and EUR during the first month after adoption.
From February 1, 2026
EUR-only retail payments
Retail payments switch to euro only; BGN is no longer legal tender in stores.
Until June 30, 2026
Free exchange in banks and post offices
Commercial banks and selected post offices exchange BGN cash to EUR without fees during the transition window.
Until December 31, 2026
End of dual display
Dual display continues through 2026 so households can compare and adapt to EUR prices transparently.
No deadline
Exchange at BNB
BGN banknotes and coins can be exchanged at the Bulgarian National Bank indefinitely and free of charge.

1What is the official EUR/BGN rate?▼

The irrevocable legal rate is 1 EUR = 1.95583 BGN and must be used for official conversions.

2How long can I still pay in lev?▼

Cash payments in BGN are accepted only during dual circulation, up to January 31, 2026.

3How long are prices shown in both currencies?▼

Dual display starts on August 8, 2025 and remains active through 2026 for consumer transparency.

4Where can I exchange lev after adoption?▼

BNB offers indefinite exchange, while banks and selected post offices provide limited transition windows.