Convert Bulgarian Lev to Israeli Shekel
Instantly convert Bulgarian Lev (лв) to Israeli Shekel (₪) with our free online calculator.
Reference Table
| Bulgarian Lev (лв) | Israeli Shekel (₪) |
|---|---|
| 1 | 1 |
| 5 | 5 |
| 10 | 10 |
| 50 | 50 |
| 100 | 100 |
| 1000 | 1000 |
How to Convert Bulgarian Lev to Israeli Shekel
Live Exchange Rate Conversion
Convert Bulgarian Lev (лв) to Israeli Shekel (₪) using live exchange rates updated hourly. The rate reflects the current mid-market price — the most accurate reference for currency comparison.
Step-by-Step
- Open the ЛВ to ₪ converter above.
- Enter the amount you want to convert in the ЛВ (Bulgarian Lev) input field.
- The converter fetches the latest exchange rate and instantly shows the equivalent value in ₪ (Israeli Shekel).
- Use the swap button to reverse the conversion direction if needed.
About Bulgarian Lev (лв)
The Bulgarian Lev (BGN, ISO 4217 code 975, symbol лв; the word 'lev' comes from old Bulgarian for 'lion') is the official currency of Bulgaria, issued by the Bulgarian National Bank (BNB, est. 1879 — the oldest national institution in Bulgaria continuously operating since national independence). Subdivided into 100 stotinki (singular: stotinka). Banknotes: 5 лв, 10 лв, 20 лв, 50 лв, 100 лв (highest denomination); current series introduced 1999 features Bulgarian historical figures — Hristo G. Danov, Petko Slaveykov, Stefan Stambolov, Pencho Slaveykov, Aleko Konstantinov, Ivan Vazov. Coins: 1 ст, 2 ст, 5 ст, 10 ст, 20 ст, 50 ст, 1 лв, 2 лв. BGN is pegged to the Euro at BGN1.95583 per EUR via the Currency Board Arrangement established 1997 (during Bulgaria's hyperinflation crisis when inflation peaked at 1,058% in 1997). Bulgaria joined the EU in 2007 and ERM-II in July 2020 with a target date for Euro adoption of January 1, 2025 (most recently postponed to January 1, 2026). Once Bulgaria adopts EUR, the BGN-EUR fixing will be locked at the current 1.95583 rate.
About Israeli Shekel (₪)
The Israeli New Shekel (ILS, ISO 4217 code 376, symbol ₪; pronounced 'shekel' from Hebrew שֶׁקֶל) is the official currency of the State of Israel, also widely circulated in the Palestinian Territories (West Bank, Gaza, East Jerusalem), issued by the Bank of Israel (BoI, est. 1954). Subdivided into 100 agorot. Banknotes: ₪20 (poet Rachel Bluwstein, polymer), ₪50 (poet Shaul Tchernichovsky), ₪100 (poet Leah Goldberg), ₪200 (poet Nathan Alterman); the current 'Notable Israeli Poets' series introduced 2014-2017 replaced an earlier series. Coins: 10 agorot, 1/2 ILS, ILS1, ILS2, ILS5, ILS10. The 'New Shekel' (introduced January 1, 1986) replaced the original shekel at 1 new = 1,000 old, following Israel's 1985 stabilization plan that ended hyperinflation (peak ~445% in 1984). Israel is a high-income economy (~$510B GDP) known for tech (Tel Aviv ranks 5th globally for startups per Startup Genome), defense industry (Elbit, IAI, Rafael), pharmaceuticals (Teva), and natural gas (Leviathan + Tamar offshore fields). BoI targets 1-3% CPI inflation per the Bank of Israel Law 2010.
Quick Facts
- Bulgarian Lev (ЛВ) is a currency unit
- Israeli Shekel (₪) is a currency unit
- Exchange rates are updated hourly from live market data
- Rates shown are mid-market (interbank) rates
- This conversion is commonly used in international travel, online shopping, and business transactions
- Use the swap button to convert ₪ back to ЛВ
Understanding Bulgarian Lev
The Bulgarian Lev (symbol: лв) is a unit of currency. The Bulgarian Lev (BGN, ISO 4217 code 975, symbol лв; the word 'lev' comes from old Bulgarian for 'lion') is the official currency of Bulgaria, issued by the Bulgarian National Bank (BNB, est. 1879 — the oldest national institution in Bulgaria continuously operating since national independence). Subdivided into 100 stotinki (singular: stotinka). Banknotes: 5 лв, 10 лв, 20 лв, 50 лв, 100 лв (highest denomination); current series introduced 1999 features Bulgarian historical figures — Hristo G. Danov, Petko Slaveykov, Stefan Stambolov, Pencho Slaveykov, Aleko Konstantinov, Ivan Vazov. Coins: 1 ст, 2 ст, 5 ст, 10 ст, 20 ст, 50 ст, 1 лв, 2 лв. BGN is pegged to the Euro at BGN1.95583 per EUR via the Currency Board Arrangement established 1997 (during Bulgaria's hyperinflation crisis when inflation peaked at 1,058% in 1997). Bulgaria joined the EU in 2007 and ERM-II in July 2020 with a target date for Euro adoption of January 1, 2025 (most recently postponed to January 1, 2026). Once Bulgaria adopts EUR, the BGN-EUR fixing will be locked at the current 1.95583 rate.
Bulgarian Lev are commonly used in international travel, online shopping, and business transactions.
Understanding Israeli Shekel
The Israeli Shekel (symbol: ₪) is a unit of currency. The Israeli New Shekel (ILS, ISO 4217 code 376, symbol ₪; pronounced 'shekel' from Hebrew שֶׁקֶל) is the official currency of the State of Israel, also widely circulated in the Palestinian Territories (West Bank, Gaza, East Jerusalem), issued by the Bank of Israel (BoI, est. 1954). Subdivided into 100 agorot. Banknotes: ₪20 (poet Rachel Bluwstein, polymer), ₪50 (poet Shaul Tchernichovsky), ₪100 (poet Leah Goldberg), ₪200 (poet Nathan Alterman); the current 'Notable Israeli Poets' series introduced 2014-2017 replaced an earlier series. Coins: 10 agorot, 1/2 ILS, ILS1, ILS2, ILS5, ILS10. The 'New Shekel' (introduced January 1, 1986) replaced the original shekel at 1 new = 1,000 old, following Israel's 1985 stabilization plan that ended hyperinflation (peak ~445% in 1984). Israel is a high-income economy (~$510B GDP) known for tech (Tel Aviv ranks 5th globally for startups per Startup Genome), defense industry (Elbit, IAI, Rafael), pharmaceuticals (Teva), and natural gas (Leviathan + Tamar offshore fields). BoI targets 1-3% CPI inflation per the Bank of Israel Law 2010.
Israeli Shekel are commonly used in international travel, online shopping, and business transactions.
Why Convert Bulgarian Lev to Israeli Shekel?
When travelling abroad, shopping from international retailers, or managing cross-border business payments, converting between Bulgarian Lev and Israeli Shekel is an everyday necessity. Freelancers invoicing international clients, investors monitoring foreign markets, and students comparing cost-of-living data all benefit from instant, accurate currency conversion with live exchange rates.
Frequently Asked Questions
How do I convert Bulgarian Lev to Israeli Shekel?
Enter any ЛВ amount in the converter above. It automatically fetches the latest exchange rate and instantly calculates the equivalent ₪ value. No manual calculation is needed.
How often is the ЛВ/₪ exchange rate updated?
MegaCalc updates currency exchange rates hourly from live market data. The rate displayed reflects the current mid-market rate at the time of conversion.
What is the mid-market ЛВ/₪ exchange rate?
The mid-market rate is the midpoint between the buy and sell prices on the global foreign exchange market. It is the most accurate reference rate for comparing currencies. Banks and exchange services add a spread on top of this rate, so the rate you receive at a bank or airport will differ slightly.
Can I convert ₪ back to ЛВ?
Yes. Use the swap button on the converter to reverse the conversion direction and calculate ₪ to ЛВ instantly at the current exchange rate.
Why do I need to convert Bulgarian Lev to Israeli Shekel?
ЛВ to ₪ conversions are needed for international travel, online shopping from foreign retailers, cross-border business payments, and comparing prices or costs across countries. Investors and freelancers working with multiple currencies also rely on accurate exchange rate data for financial planning.