Invoicing in euro in Bulgaria from 2026

Updated:

Since 1 January 2026 the euro is Bulgaria’s official currency, and invoices changed with it: amounts are now stated in euro. Here is what you need to know to invoice correctly.

The essentials

  • Fixed rate: 1 euro = 1.95583 leva.
  • Invoices issued from 1 January 2026 are issued in euro.
  • The lev and the euro circulated together until 31 January 2026.
  • Prices are displayed in both euro and leva until 8 August 2026.

Converting prices from leva to euro

Divide the amount in leva by 1.95583 and round to two decimal places – to the cent. If the third decimal is 5 or more, round up.

Example: 100.00 BGN ÷ 1.95583 = 51.129… → €51.13.

Convert unit prices, not only totals; otherwise rounding each line can leave a few cents’ difference against the total. The cleanest option is to set your new prices directly in euro.

Can an invoice also show leva?

Invoice amounts are in euro. During the dual display period many companies also show the lev equivalent, for information only. Ask your accountant how to handle specific cases, such as corrections to invoices issued in 2025.

Invoices in another currency

You can invoice in US dollars or another currency, but the VAT amount must also be stated in euro, at the official rate on the tax point date.

Euro in Bivoyce

  • Choose EUR as the invoice currency and amounts are calculated in euro.
  • Item prices are entered in euro once and reused on every invoice.
  • The bilingual PDF shows the same amounts in Bulgarian and English.

Frequently asked questions

What is the lev to euro exchange rate?
It is fixed: 1 euro = 1.95583 leva.
Which currency are Bulgarian invoices issued in from 2026?
Euro. Invoices issued from 1 January 2026 are issued in euro.
How are amounts rounded when converting leva to euro?
Divide by 1.95583 and round to the cent: a third decimal of 5 or more rounds up.

This guide is general information, not tax or legal advice. For your specific case, consult an accountant.

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