Bulgaria will join the euro area on 1 January 2026, adopting the euro as its official currency. From 1 January to 2 March 2026, the Banco de España will exchange Bulgarian lev banknotes (BGN) for euro banknotes and coins.
The irrevocable conversion rate has been set at BGN 1.95583 per euro. You can exchange banknotes free of charge, with a daily limit of BGN 2,000 per person, at the following Banco de España offices only:
- Madrid (Calle Alcalá, 48),
- Barcelona (Plaza Cataluña,17) and
- Valencia (Calle Barcas, 6).
To do this, you need to make an appointment online
or by calling 913 385 000.
Check which lev banknotes can be exchanged for euro.
More information about Bulgaria joining the euro area can be found on the European Central Bank’s website.
The exchange of Bulgarian lev for euro is an exceptional and temporary measure. Please note that the Banco de España is not a commercial bank and does not provide banking services (like foreign currency exchange) to private individuals.