Bulgaria Ski discussion board

Euro / Pounds / Lev

Banskoboy Author: posts : 13   (Beginner)Date : 01-12-09 16:55

Euro / Pounds / Lev

Hi,
Have I got this wrong? The Lev is fixed against the euro at 1.95? So, to get more for your money surely we should change pounds into euro and then the euro into lev.

e.g £100 into euro @ 1.08 = 108 euro's
£100 into Lev @ 2.03 = 203 lev

So, change the £100 into euro and get 108, times by the fixed euro to lev rate of 1.95 = 210 lev.
Only 7 lev but £3.50 on £100

Works if the £ - lev rate is low I guess
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Welshy Author:Gareth posts : 434   (Expert)Date : 01-12-09 17:07

re: Euro / Pounds / Lev

LOL IF ONLY.

Nope its not like that at all, what you will see is that the effective £:Lev & £:Euro is identical its only that different suppliers of the cash offer different rates where the issues lies.
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F.V. Author: posts : 13   (Beginner)Date : 01-12-09 17:56

re: Euro / Pounds / Lev

Raiffeisen Bank exchange rate is 2.17 lev -= £1.00 at moment.
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