Catalog
5 Leva
| Issuer | Balgarska Narodna Banka |
|---|---|
| Year | 1999-2020 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 138 x 65 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | БЪЛГАРСКА НАРОДНА БАНКА ПЕТ ЛЕВА 5 За подправка виновните се наказват съгласно закона |
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| Protection type | Log in to see details |
| Protection description | Ivan Milev's portrait embedded in the paper; embedded security thread running vertically through the note. |
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| Comments |
Bulgaria's 1999 redenomination lopped four zeros off the lev, introduced after hyperinflation had reduced the old currency to near-worthlessness following the catastrophic banking crisis of 1996–97. This 5 Leva note entered circulation as part of that stabilization series, underpinned by a currency board arrangement pegging the new lev to the Deutsche Mark — later transferred to the euro at the same fixed rate when the DM ceased to exist.
The series ran with remarkably few modifications across two decades, a reflection of the currency board's deliberately conservative monetary framework rather than any printing inertia.