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1000 Bulgarian Lev to Israeli new shekel Exchange Rate | BGN to ILS - XTransfer

1000Bulgarian Lev to Israeli new shekel exchange rate

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BGN to ILS

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Result

1 BGN = 1.71927 ILS

00:29 Exchange Rate

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BGN to ILS  AI Predictive Analysis

XTransfer is China’s leading B2B cross-border finance platform, offering small, medium, and micro enterprises secure, convenient, and cost-effective international payment‑collection solutions. With zero account‑opening fees and zero transaction fees, new users can claim up to RMB 200,000 in free foreign‑exchange settlement quota upon registration. The current BGN/ILS market is volatile, focusing on economic policy and regional dynamics, and AI forecasts can help users grasp the trend.

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As of May 22, 2026

Operating Recommendations:It is advisable to adopt a wait-and-see approach and wait for clear signals before trading.
Market sentiment:Cautiously optimistic
Analysis of influencing factors:Federal Reserve policy, geopolitics, and economic data
Recent volatility:0.5%
Trend Forecast:The next 1–2 weeks
Technical Brief Commentary:The exchange rate is trading in a volatile range; key support and resistance levels warrant close attention.
Potential resistance level:1.735
AI confidence index:Medium
Prediction time range:The next 1–2 weeks
Potential support level:1.720

AI analysis is for reference only. Please judge based on actual conditions.

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1 USD to CNY Historical Exchange Rate Trends

1 USD = -- CNY

23:11 Exchange Rate

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Bulgarian Lev Exchange Rate Conversion Table

BGN
BGN
1 BGN
10 BGN
25 BGN
50 BGN
100 BGN
500 BGN
1000 BGN
5000 BGN
10000 BGN

BGNBGN - Bulgarian Lev

The Bulgarian lev underwent a currency reform in 1999, introducing a new version of the lev, replacing the old lev at a rate of 1:1000. The lev is fixedly pegged to the euro, laying the financial foundation for the country's accession to the European Union. As one of the earliest countries in Eastern Europe to promote currency stability, Bulgaria has maintained a low inflation rate for a long time.

  • Supporting unit:1 Lev = 100 Stotinki
  • Denomination of banknotes:5, 10, 20, 50, 100, 200 BGN
  • Reserve currency:No, as a currency outside the eurozone, it has not yet become a major reserve currency.
  • Banknote material:Cotton paper with multiple anti-counterfeiting measures.
  • Metal composition:Copper-nickel alloy, nickel-plated steel core alloy
  • Currency symbol:лв.
  • Paper currency size:The dimensions are approximately 135mm × 65mm.
  • language:en
  • Main unit:1. Lièvre
  • ISO code:BGN
  • Currency name:Bulgarian Lev
  • Exchange Rate System:Currency board system, fixed exchange rate system, pegged to the euro, 1 EUR ≈ 1.95583 BGN.
  • Central Bank:Bulgarian National Bank
  • Safe-haven currency:No, it is significantly impacted by regional economic factors.
  • Coin denomination:1, 2, 5, 10, 20, 50 Stotinki, 1, 2 Lev.
  • Countries of Use:The official currency of Bulgaria.
  • Cross-border payment:The Bulgarian lev can be used for international transfers through the SWIFT system, with international trade mainly conducted via the euro as an intermediary. As Bulgaria progresses towards joining the eurozone, the international use of the lev is gradually diminishing, and the euro dominates cross-border payments.

ILSILS - Israeli New Shekel

The Israeli Shekel was re-issued in 1985 to replace the old shekel, stabilizing long-term high inflation. The ILS is a symbol of Israel's technological and innovative economy and is widely used in international trade and investment activities.

  • Supporting unit:1 New Shekel = 100 Agorot
  • Denomination of banknotes:20, 50, 100, 200 New Shekels
  • Reserve currency:Yes, some central banks in various countries incorporate it into their diversified foreign exchange reserves.
  • Banknote material:Cotton paper or polymer, featuring multiple security designs such as braille recognition, anti-counterfeiting strips, and watermarks.
  • Metal composition:Copper-clad steel, nickel-clad steel, aluminum bronze, etc.
  • Currency symbol:₪(NIS)
  • Paper currency size:For example, a 200 shekel note measures approximately 150mm × 71mm, with slight variations for different denominations.
  • language:en
  • Main unit:New Shekel
  • ISO code:ILS
  • Currency name:Israeli New Shekel
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Israel
  • Safe-haven currency:It has certain safe-haven attributes in the Middle East, but does not hold the status of a global safe-haven currency.
  • Coin denomination:10 Agorot, ½, 1, 2, 5, 10 New Shekels
  • Countries of Use:Israel and its partially controlled territories (such as certain areas of Palestine)
  • Cross-border payment:Supports the SWIFT network, which can be used for some international transfers, particularly in areas with economic and trade exchanges with the United States and Europe, but international settlements are primarily conducted in US dollars or euros.
BGNBGN
The (BGN) Bulgarian Lev plays a crucial role in Bulgaria’s economy in 2025. The (BGN) Bulgarian Lev has been pegged to the euro for nearly thirty years, which has helped maintain low inflation and keep government debt under control. Bulgaria’s GDP is expected to reach around USD 117 billion, reflecting steady growth and sound financial management. For many, the (BGN) Bulgarian Lev represents stability. However, there are concerns among some about transitioning to the euro, with ongoing discussio...
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ILSILS

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FAQ

With Bulgarian Lev to Israeli new shekel exchange rate fluctuations, will I receive less money?

Yes, the real-time exchange rate fluctuations between Bulgarian Lev and Israeli new shekel directly impact your trade profits. Due to the time lag in international payments, if BGN depreciates or ILS strengthens at the time of settlement, the actual amount of ILS you receive will decrease due to exchange losses. Therefore, monitoring the trend of Bulgarian Lev and choosing the right exchange rate window is key to ensuring your trade proceeds do not shrink.

Why is the bank's exchange rate different from the one I found online?

The exchange rates found online are usually mid-market rates, which serve only as a market reference and are not the bank's actual transaction price. When performing currency settlement, banks deduct a "spread" (the difference between buying and selling prices) from the real-time mid-market rate to cover transaction costs. This spread causes the final amount you receive to be lower than the theoretical value calculated at the mid-market rate. Therefore, when calculating the actual profit of trade orders, you should rely on the bank's real-time "buying rate" rather than the reference rate.

Are AI-predicted exchange rates for Bulgarian Lev to Israeli new shekel accurate?

AI predictions for BGN to ILS are trend references based on historical big data and market sentiment models. While AI can capture the patterns of BGN through algorithms, it is difficult to 100% foresee sudden international political events or policy adjustments. Therefore, the predicted value of Bulgarian Lev to Israeli new shekel should serve as a supplementary suggestion for choosing a settlement window, rather than an absolute guarantee of the transaction price.

Are there any hidden fees when exchanging BGN to ILS?

In cross-border transactions involving Bulgarian Lev to Israeli new shekel, intermediary bank deductions are the most common hidden cost. When BGN is sent through non-direct banking routes, correspondent banks will deduct a service fee, resulting in the actual amount of ILS received being less than expected. To ensure your BGN order profits are not eroded, it is recommended to confirm whether the receiving bank supports the "Full Pay" (OUR) mode before initiating the Bulgarian Lev exchange to avoid extra fees during Israeli new shekel credit.

Why do different banks offer different exchange rates for Bulgarian Lev to Israeli new shekel?

This is because there is no unified fixed exchange rate globally; financial institutions add their own "spread" to the international mid-market rate of BGN to ILS. Different banks have varying position management and operational costs for BGN, which directly determines the fluctuations in their BGN settlement prices. Therefore, when converting Bulgarian Lev to Israeli new shekel, businesses will find slight differences in real-time quotes, and choosing a channel with a lower spread can yield more Israeli new shekel.

How to conduct international cross-border payments conveniently?

The key to efficient international settlement lies in shortening the intermediate transfer links of global currencies. Through XTransfer, a one-stop foreign trade financial service platform, enterprises can quickly open multi-currency global collection accounts online without queuing at physical branches, enabling real-time payment, collection, and settlement. The compliance declaration consulting and exchange settlement services provided by XTransfer effectively solve the challenges of slow arrivals and opaque fees, making it a more convenient choice for SMEs handling bulk trade settlements.

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XTransfer is absolutely secure. Your funds are protected by our top-level security measures to ensure every transaction is safeguarded. If there is a delay, we will refund the service fee to compensate your loss.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.