On 1 January 2026, Bulgaria adopted the euro and became the 21st member of the euro area. This marks a major milestone in the country’s European journey. For many years, the Bulgarian lev has been tied to the euro at a fixed rate of 1 euro = 1.95583 lev, so the change will feel familiar. But adopting the euro officially brings new opportunities: easier travel and shopping across Europe, no more exchange fees, and stronger participation in Europe’s economic decisions.
How did Bulgaria reach this point?
In 2025, the European Central Bank confirmed that Bulgaria met all the requirements to join the euro. EU ministers then gave the final green light in July 2025, setting the stage for the country’s transition to the new currency. To help people prepare, shops and services are showing prices in both lev and euro since summer 2025.
What challenges does Bulgaria face?
Like every country joining the euro, Bulgaria must ensure a smooth transition. Businesses and banks are updating their systems, contracts, and accounting tools now.
Some citizens also worry about possible price increases, even though the lev’s long-standing link to the euro limits this risk. Clear communication and dual-price displays help build trust and transparency during the changeover.
From 1 January 2026 onwards, the euro is the only official currency used in Bulgaria. This transition strengthens Bulgaria’s place in the EU’s economic framework and supports a more integrated European market.
Do you know what the Bulgarian euro coin looks like? Find out more about the national sides of the coins here.
Details
- Publication date
- 1 January 2026
- Author
- Directorate-General for Communication
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