"On the night of December 31 to January 1, 2026 - the next day we will wake up with money that was from levs to euros at the fixed rate of 1.95583 in our accounts".
This was told to bTV by Lyubomir Karimanski, member of the Governing Council of the Bulgarian National Bank.
"The deposits that people have, if their interest rate was fixed, will be changed again at this rate. The interest rate will also be changed at the same rate, there will be no problem with fixed interest rates. With floating interest rates, the given bank can change the structure itself from the point of view of changing to euros. But to the individual client, the interest payment will remain at the equivalent of leva to euro" explained Karimanski.
„The very structure of the interest rate in the bank, which is calculated, is internally shown how to be made for each commercial bank, but for the client himself, the interest payment only needs to be divided by 1.95583 and know how much he will repay“, said Lyubomir Karimanski.
„This entire change from levs to euros cannot be a prerequisite for changing any terms on loans or deposits“, he specified.
In banks, up to 30,000 levs can be exchanged in one transaction without a request, and over 30,000 levs can be exchanged with a request and within three working days.
In „Bulgarian Posts“ the amount is up to 1000 leva, and between 1000 and 10,000 leva it is necessary to submit a request, which takes between 3 and 5 working days to complete.