Today, 1.00 (one) Bulgarian Lev is worth 17.61 Taiwan Dollar, ie, лв1.00 = NT$17.61. That's because the current exchange rate, to TWD, is 17.61. So, to make Bulgarian Lev to Taiwan Dollar conversion, you just need to multiply the amount in BGN by 17.61.
Learn how to get the best Bulgarian Lev exchange rate before exchanging your money
The Bulgarian Lev is the official Bulgarian Lev currency. BGN/TWD represents the value of Bulgarian Lev money in Taiwan Dollar money and it is called the 'exchange rate' or 'forex rate'. This exchange rate from Bulgarian Lev to Taiwan Dollar is today at 17.611.
As an example, suppose you are from Taipei Taiwan and you travel to Sofia Bulgaria. There, you need to get 1000 Bulgarian Levs ( лв) at a Sofia bank to pay your hotel. In this case you would pay 17.611 * 1000 = 17,611.295 Taiwan Dollars (NT$). But, in practice, you will pay more (or perhaps much more) to get the same amount of your foreign currency due to the margin for the money conversion services costs like: commissions, credit card surcharges, ATM fees and other expenses. If, for example, you are using a credit card, this margin will typically be around 2 to 3 percent. We recommend that you choose the best place to make your money exchange because there can be a large difference between forex rates you will get.
In the example above for a 1000 Bulgarian Levs amount, the result of the money conversion is 17,963.521 TWD for a 2% margin or 18,139.634 TWD for a 3% margin.
Some Internet based foreign currency exchange agencies add 10 percent or even more. So, if you make the same calculations above, there will be a difference of about 1,761.130 TWD depending on which forex bank or agency you choose to exchange your money. So, that's why we advise you to seek the best place to get the best fx rates for your upcoming money transfer/exchange. The only way to know what is the best exchange rate is to know what the current rate is. You can easily accomplish this by using periodically our currency converter above to get an idea of what forex rate to expect.
Note: If you use our currency converter, you only need to choose the amount of margin in its drop-down list and have an estimate of how much you will pay to get the desired amount.
By the way: there are some notations for this currency pair like BGN-TWD or BGNTWD among others. The currency symbol for Bulgarian Lev is (лв) while the currency symbol for Taiwan Dollar is (NT$). Note also that the Bulgaria country code is BGR or BG. The Taiwan country code is TWN or TW
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