The Bulgarian lev is pegged to the Euro at rate 1 EUR = 1.956 BGL. Against the other currencies there are minor fluctuations depending on their varying exchange rates towards the Euro.
Visitors may exchange cash at banks and exchange bureaus. It is not recommended to do it at the airport or at the hotel reception desks because they offer the lowest rates. In the exchange bureaus beware of their commission charges and misleading rate quotations.
Avoid any person on the street who offers higher exchange rates – these are usually tricksters.
Traveler’s cheques can be changed at banks. Banks are generally open Monday to Friday 08.30-16.00 and offer all services including money transfers and exchange. Many private exchange bureaus are open 24 hours. There are also many Western Union branches which offer direct transfer of money to travelers in need.
Credit cards are accepted in major hotels as well as in expensive luxurious shops, restaurants and rent-a-car offices. The most commonly accepted credit cards include, Visa, Master Card, Eurocard and in some places American Express and Diners Club.
It is not advisable to rely on your credit card however, and you should always carry enough cash especially when in the country. Most credit cards can also be used to withdraw cash from ATMs, which are widespread in Sofia and most cities.