Information regarding the introduction of the euro in the Republic of Bulgaria

Dear clients and users of insurance services,

On 8 July 2025, the Council of the European Union adopted a Decision on the introduction of the euro by the Republic of Bulgaria, in accordance with Article 140, paragraph 2 of the Treaty on the Functioning of the European Union, pursuant to which the euro becomes the official currency of the Republic of Bulgaria as of 1 January 2026, which is also the date of the euro’s introduction in the country.

The official exchange rate at which the national currency will be converted into euro, as specified in the Council of the EU Decision of 8 July 2025, is:
EUR 1 = BGN 1.95583

Additional information regarding questions related to the introduction of the euro in the Republic of Bulgaria can be found on the official website for Bulgaria’s accession to the euro area, created in implementation of the Communication Strategy on information and publicity for Bulgaria’s accession to the euro area, available here.