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1 Stotinka magnetic
| Issuer | Bulgarian National Bank |
|---|---|
| Year | 2000-2002 |
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| Composition | Log in to see details |
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| Diameter | 16 mm |
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| Obverse description | Central device depicts the Madara Horseman, a celebrated early medieval relief, shown in right profile as an armored rider astride a cantering horse, with a prostrate lion beneath the horse's hooves. The figure is rendered in bold relief against a radiate sunburst field. The Cyrillic legend БЪЛГАРИЯ (Bulgaria) arcs along the upper periphery, flanking the central motif. |
|---|---|
| Obverse script | Cyrillic |
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| Additional information |
Bulgaria's switch to bronze-plated steel for this denomination was driven by the currency board arrangement imposed after the catastrophic banking crisis and hyperinflation of 1996–97, which effectively wiped out household savings and forced a complete monetary restructuring under IMF oversight. Reducing metal costs in low-denomination coinage was one small part of stabilizing a budget that had nearly collapsed entirely.
The magnetic steel core distinguishes this issue from the earlier brass composition — a detail that matters for die-variety collectors sorting KM#237 from KM#237a by magnet rather than by eye.