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5 Stotinki magnetic

Issuer Bulgarian National Bank
Year 2000-2002
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Technique Milled
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Obverse script Cyrillic
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Edge Smooth
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Additional information

Bulgaria's shift to steel-plated coinage around 2000 followed years of catastrophic monetary instability — the 1996–97 hyperinflation had effectively destroyed public confidence in the lev, prompting a currency board arrangement pegged to the Deutschmark and, later, the euro. The magnetic bronze-plated steel composition replaced the earlier brass version as a straightforward cost-reduction measure during post-crisis fiscal tightening.

The dual Monev references likely reflect the distinction between 2000 and the 2002 issue, the latter struck specifically ahead of Bulgaria's euro-peg transition calculations.

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