BGN to QAR - Convert Bulgarian Lev to Qatari Riyal

Convert BGN to QAR using our currency converter with real exchange rate today

1 BGN = 2.018 QAR

1 QAR = 0.496 BGN

(Mid-market exchange rate)

Last updated Feb 25, 2024 03:05 GMT

BGN to QAR conversion chart

Below is the live and historical Bulgarian Lev to Qatari Riyal rate chart so you can see today's rate - and how the rates have changed over time.

1 BGN = 2.018 QAR

1,000 Bulgarian Lev to Qatari Riyal stats | BGN to QAR

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 2.026 2.031 2.069 2.096 2.031
Low 2.006 1.995 1.996 1.951 1.995
Average 2.015 2.012 2.027 2.019 2.012
Volatility 1% 1.8% 3.66% 7.43% 1.8%

What is the Bulgarian Lev worth against the Qatari Riyal today?

1 BGN is worth 2.018 QAR today

How much is 1,000 BGN worth in QAR?

At the current exchange rate of 2.018 , a sum of 1,000 Bulgarian Lev is worth 2,018 Qatari Riyal.

Which currency is stronger? BGN or QAR?

The Bulgarian Lev is currently stronger than the Qatari Riyal given that 1 BGN is equal to 2.018 QAR. Conversely, 1 QAR is worth 0.496 BGN.

Overview of BGN to QAR Performance and Trends

Today, to buy 1,000 Bulgarian Lev, you need 2,018 Qatari Riyal. On the same date last year, you needed 1,971 Qatari Riyal for 1,000 Bulgarian Lev. This change indicates that the Bulgarian Lev has become stronger against the Qatari Riyal by 2.54% over the past year.

The pair experienced moderate volatility of 7.43%.

Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.

BGN to QAR Currency Performance and Volatility

Last 7 Days

  • Performance: лв1,000 varied between ﷼2.006 (weekly low) and ﷼2.026 (weekly high), a variance of ﷼0.02 .
  • Volatility: Fluctuated by 1%.

Last 30 Days

  • Performance: лв1,000 varied between ﷼1.995 (30-day low) to ﷼2.031 (30-day high), a variance of ﷼0.036 .
  • Volatility: Fluctuated by 1.8%.

Last 90 Days

  • Performance: лв1,000 varied between ﷼1.996 (90-day low) to ﷼2.069 (90-day high), a variance of ﷼0.073 .
  • Volatility: Fluctuated by 3.66%.

Last Year

  • Performance: лв1,000 ranged from ﷼1.951 (yearly low) to ﷼2.096 (yearly high), a variance of ﷼0.145 .
  • Volatility: Fluctuated by 7.43%.

BGN to QAR Forecast and trending

Is the Bulgarian Lev going up or down against the Qatari Riyal?

Today's BGN to QAR exchange rate (2.018) is smaller compared to yesterday's rate (2.019).

Currency information

BGN - Bulgarian Lev

The currency code for Bulgarian Lev is BGN.

The BGN currency symbol is лв.

Minor unit: 1/100 = Stotinka

BGN rank by most traded currencies: 38

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

BGN rank by strongest currencies (buying power): 18

The Bulgarian Lev is the currency of 1 countries:
Bulgaria

More Bulgarian Lev (BGN) information >

QAR - Qatari Riyal

The currency code for Qatari Riyal is QAR.

The QAR currency symbol is ﷼.

Minor unit: 1/100 = Dirham

QAR rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

QAR rank by strongest currencies (buying power): 32

The Qatari Riyal is the currency of 1 countries:
Qatar

More Qatari Riyal (QAR) information >

Understanding BGN to QAR Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Bulgarian Lev to Qatari Riyal, to send a payment, for a trip overseas, when shopping online or to hold a balance in Qatari Riyal.

How to convert BGN to QAR?

You can convert Bulgarian Lev to Qatari Riyal either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Qatari Riyal in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Bulgarian Lev cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Qatari Riyal in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Bulgarian Lev you want to send, or the amount in Qatari Riyal you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Qatari Riyal

How to get the best BGN to QAR exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best BGN to QAR exchange rate for your specific transaction.

Get to know the BGN/QAR mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the BGN/QAR mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Bulgarian Lev and Qatari Riyal. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Bulgarian Lev with Qatari Riyal?

You'll be able to exchange Qatari Riyal to Bulgarian Lev in the same way as you'd exchange Bulgarian Lev to Qatari Riyal. If you have Qatari Riyal in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Qatari Riyal. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Bulgarian Lev in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange BGN to QAR?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Bulgarian Lev to Qatari Riyal (BGN to QAR)

How much is the Bulgarian Lev to Qatari Riyal?

The Bulgarian Lev to Qatari Riyal exchange rate today is 2.018 . Use this guide to learn more about exchanging BGN to QAR in the easiest and best value way for your specific needs.

How much is 1,000 Bulgarian Lev to the Qatari Riyal?

The BGN to QAR rate today is 2.018 . That means that 1,000 Bulgarian Lev would be worth 2,018 Qatari Riyal.

How to exchange Bulgarian Lev to Qatari Riyal?

Exchange BGN to QAR in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including BGN to QAR.

How to send money to Qatar?

If you want to send money from the Bulgaria - or anywhere else in the world - to Qatar, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Qatar - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Qatari Riyal and Bulgarian Lev on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Bulgarian Lev to Qatari Riyal exchange rate with our handy tools, to help you compare your options.

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