Convert BGN to MAD — live rate

Convert Bulgarian Levs to Moroccan Dirhams and compare the real cost of sending money.

BGN
MAD
1 BGN = 5.4955 MAD Mid-market rate
Updated just now
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Historical BGN/MAD exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: BGN to MAD

1 BGN 5.50 MAD
5 BGN 27.48 MAD
10 BGN 54.96 MAD
50 BGN 274.78 MAD
100 BGN 549.55 MAD
500 BGN 2,747.75 MAD
1,000 BGN 5,495.50 MAD
5,000 BGN 27,477.50 MAD

Real cost of BGN → MAD

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 BGN
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

BGN — Bulgarian Lev
ISO Code BGN
Symbol лв
Central Bank Bulgarian National Bank
Common Notes лв2, лв5, лв10, лв20, лв50, лв100
Learn more about BGN
MAD — Moroccan Dirham
ISO Code MAD
Central Bank Bank Al-Maghrib
Common Notes 20, 50, 100, 200
Learn more about MAD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.