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Frequently Asked Questions (FAQs) BGN-EUR

How does the Bulgarian Levs to euro currency exchange work? Abrir Respuesta

Currency suppliers & Banks are retail businesses that buy from currency wholesale companies and travellers the banknotes they think they will be able to to offer to travellers wanting to buy at the wholesale exchange rate or the retail rate (interbank market) and add their working margin.

They profit from the you offer them and sell those notes to other consumers at their selling price of the day, winning that differene.

For example, if you wish to sell in exchange for euros, you contact your bank or currency supplier and pay the Buy price of the day they display. Such rate already contains a profit for the currency supplier.

Is there a limit to the amount of levs that I can change from an online supplier in France when I change levs to euros? Abrir Respuesta

The median BGN-EUR currency exhange in France of an individual who exchanges levs to euros is usually around the equivalent to seven hundred euros.

If you have to order levs for more than 5,999 € in value, the supervision measures that your foreign currency provider will demand from you will be additional. In other words, they might ask you to prove the origin of your levs or your business documentation, etc.

Nevertheless up to the equivalent in levs of 5900 euros per calendar quarter, the french foreign currency suppliers do not usually ask you for more than the french identity card called carte nationale d´identité or your passport to change levs to euros.

Where can I change levs from Bulgaria for euros during my holidays in France today? Abrir Respuesta

In our country you can change levs from Bulgaria for euros basically at your bank or at the currency suppliers. As a rule of thumb banks apply a fixed commission oscillating between 2.5% and 3% with a minimum of 6 to 10 euros for each currency you do with them.

This applies when you get foreign currency or when you sell your surplus to euros. This means that if you exchange the equivalent of 100 euros from levs from Bulgaria to euros, additionally to the BGN-EUR exchange rate of the day, you will pay between 6 and 10 additional euros as commission. Currency suppliers that advertise no commission are more interesting since they do not impose you this commission.

Comparer Devise displays the BGN-EUR exchange rates of the day and sorts them from most to least interesting so that you can choose well where to change your levs from Bulgaria to euros.

When is the best moment to change levs to euros in France? Abrir Respuesta

The BGN-EUR price fluctuates daily. The currencies of countries with more stable economies oscillate less, and vice-versa. But it is also necessary to weigh in phenomena such as Brexit or the Ukraine war, major sporting events or economic crisis, which can alter the travel money rates of a specific currency, like the Bulgarian Levs, from one day to the next.

Nevertheless, most currency suppliers and banks often alter the price at which they sell or buy levs once a day, first thing in the morning.

Comparer Devise always has its travel money rates updated, so that you browse the best data available on exchange rates.

Do I have to provide any kind of identity card to sell my levs BGN in exchange for euros? Abrir Respuesta

Normally, to do a BGN-EUR currency exchange, the European antimoney laundering norms require currency providers to know their customers (Know Your Customer (KYC)). This means that you will be asked to identify yourself as a seller or buyer with a a valid and current ID card (resident´s ID card (carte nationale d´identité) or passport).

Is it safe to sell BGNs to euros online in France? Abrir Respuesta

In France, holiday money providers and some banks are beginning to propose online currency exchange services to their users when you sell BGNs to euros online.

You just have to do an online BGN-EUR reservation. Then select an office of the supplier where to pick the euros from. And the date you will head to the chosen agency.

Bear in mind that prices vary each day so it will be optimal to book online the very day you will go to the outlet.

How will I get the best Bulgarian Levs to euro exchange rate today in France? Abrir Respuesta

Knowing the best exchange rate to sell levs from Bulgaria to Euros today in France is as easy as browsing Comparer and choosing the currency you want to sell in our currency purchase form, tab Sell Currency.

Bear in mind that the prices and conditions to change levs from Bulgaria to euros that you see on our website are negotiated to be more interesting than the rates you will be applied if you go directly to the currency provider.

Comparer Devise does not recommend exchanging currency at a french bank. They impose you a commission of around 2 to 3per cent as well as a margin.

Exchanging currency at the airport is not recommended at all when selling levs from Bulgaria to euros.

Where to sell and where not to sell to euros in France Abrir Respuesta

In general, our advice is to keep away from any financial entity that imposes on you a fee additionally to a foreign exchange margin, and browse on our website the Bulgarian Levs to euro day to day exchange rate.

Literally all french banks apply to you a 3% commission, with a minimum (whichever is higher) amount of six to ten €.

Keep in mind that the lower the amount of to sell to euros, the more the impact of this fixed fee on your wallet.

Is it recommendable to make an online reservation of for euros in France? Abrir Respuesta

If you need to ensure the to euro price for your vacation in France, Comparer Devise recommends you to book online on the online store of your preferred holiday money supplier.

Additionally, by doing so you save the possible commissions that some currency suppliers in France impose on you by changing for euros directly in one of their stores.

In France when you book online on your bank's website or App, you will still be charged their travel money fee of around two to three per cent, and you will pay at the exchange prices of the day of collection, not those of the day of the online reservation.

I have previously changed Euros to levs BGN, what do I do with my remaining levs BGN when I return to France? Abrir Respuesta

If you have levs BGN left over upon return to France, go to our Sell your currency tab, enter the Bulgarian Levs value you did not spend (banknotes only, not loose coins) and select your town. Comparer Devise will tell you the closest holiday money supplier´s stores that will buy your leftover levs BGN from you and the total amount of Euros they will give you in exchange.

Bear in mind that they will just acquire you levs BGN notes but not loose change.

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