06/05/2015: Pegged to the euro
The Bulgarian Lev officially became a currency pegged to the euro, maintaining a fixed exchange rate, on May 6, 2015.
06/10/2008: Serbia applies for EU membership
Serbia officially applied for membership in the European Union, which could potentially impact the future of the Serbian Dinar as Serbia aligns with EU policies.
03/06/2006: Montenegro adopts the Euro
Montenegro unilaterally adopted the Euro as its official currency, while Serbia continued to use the Serbian Dinar.
01/07/2003: Introduction of the Serbian Dinar
After the state union with Montenegro dissolved, Serbia reintroduced the Serbian Dinar as its national currency, replacing the New Dinar.
01/01/2002: Replacement of notes and coins
New series of notes and coins for the Bulgarian Lev were introduced, replacing the previous designs on January 1, 2002.
01/07/1999: Currency board arrangement
Bulgaria implemented a currency board arrangement, fixing the Bulgarian Lev to the euro at a rate of 1.95583 on July 1, 1999.
01/04/1992: Introduction of the New Dinar
Due to the breakup of Yugoslavia, Serbia introduced the New Dinar as its currency, replacing the Yugoslav Dinar.
15/09/1962: Introduction of the New Lev
The New Lev was introduced as a new currency in Bulgaria, replacing the Lev A, on September 15, 1962.
01/12/1952: Lev replaced by Lev A
The Bulgarian Lev was replaced by a new currency named Lev A on December 1, 1952 as a result of currency reform.
20/10/1944: Introduction of the Yugoslav Dinar
The Yugoslav Dinar was introduced, replacing the former currency in circulation, including the Serbian Dinar.
14/10/1923: Hyperinflation
Bulgaria experienced severe hyperinflation, causing the value of the Lev currency to plummet during the period from 1923 to 1924.
01/11/1918: Merger with the Yugoslav Dinar
After World War I, the Serbian Dinar merged with the Yugoslav Dinar to form a unified currency for the Kingdom of Serbs, Croats, and Slovenes.
01/04/1881: Introduction of the Lev
The Bulgarian Lev currency was introduced as the official currency of Bulgaria on April 1, 1881.
24/04/1868: Introduction of Serbian Dinar
The Serbian Dinar was introduced as the official currency of Serbia to replace the Ottoman akçe.