Currency Exchange Tips

- It is advisable to exchange money in a bank. Currency exchange rates in banks are sometimes lower than the ones exchange bureaus offer but you would be certain of the amount you would receive and avoid chances of being tricked.   - The Bulgarian currency is the lev. When exchanging money, look for places that offer exchange rates of approximately 1.95 leva for one euro. The Bulgarian lev to euro rate is fixed to 1.95583 so you can use this value as the best estimate of the acceptability of exchange rates that currency bureaus offer.   - It is recommended to bring US dollars or euro as this is the currency that most exchange bureaus can convert to leva. You might have difficulty converting some less popular and not so widely used currencies.   - Some exchange bureaus offer different rates for smaller and larger sums, with the ones for small amounts being somehow unprofitable. Study carefully the exchange rate tables if you decide to use the services of an exchange bureau.   - Examine tables for commission percentages, as some bureaus withhold part of the sum. This may be noted in small letters or in the bottom of the exchange rate table so examine it carefully before you decide to use the services of the respective bureau.   - According to regulations, exchange bureaus are obliged to give you exactly the same sum that is listed on their exchange rate tables. A deal is not finalised until the customer has signed the receipt. Request one and examine it carefully before concluding the transaction.   - Never accept to exchange money on the street. Even if you are offered what seems to be a good deal, chances are you would be ripped off. Don't trust street currency sellers and resort to exchange bureaus, or more preferably bank offices.