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Bulgarian Lev
The lev ( bg, лев, plural: / , ; ISO 4217 code: BGN; numeric code: 975) is the currency of Bulgaria. In old Bulgarian the word "lev" meant "lion", the word 'lion' in the modern language is ''lаv'' (; in Bulgarian: ). The lev is divided in 100 ''stotinki'' (, singular: , ). Stotinka in Bulgarian means "a hundredth" and in fact is a translation of the French term "centime". Grammatically the word "stotinka" comes from the word "sto" (сто) - a hundred. Since 1997, the lev has been in a currency board arrangement with initially the Deutsche Mark at a fixed rate of BGL 1000 to DEM 1. After the introduction of the euro and the redenomination of the lev in 1999, this has resulted in a fixed rate to the euro of BGN 1.95583 : EUR 1. Since 2020, the lev has been a part of the European Exchange Rate Mechanism (ERM II). The lev is scheduled to be supplanted by the euro on 1 January 2024. Etymology The currency's name comes from the archaic Bulgarian word "lev," which meant "lionhtt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulgarian National Bank
The Bulgarian National Bank ( bg, Българска народна банка, Bohlgarska narodna banka, ), or BNB, is the central bank of the Republic of Bulgaria. Headquartered in Sofia, the bank was established in 1879. It is the 13th oldest central bank in the world. An independent institution responsible for issuing all banknotes and coins in the country, BNB oversees and regulates the banking sector and is tasked with safekeeping the government's currency reserves. It is also the sole owner of the Bulgarian Mint. The bank has a key role in the Bulgarian economy. Since 1 October 2007, it has been a member of the European System of Central Banks. The governor of the BNB is a member of the General Assembly of the European Central Bank. Headquarters The Bulgarian National Bank's headquarters in Sofia are located on the central Battenberg Square. The current edifice was commissioned to renowned architects Ivan Vasilyov and Dimitar Tsolov and built between 1934 and 1939 in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulgarian Folklore
The main Bulgarian celebration events are : * Martenitsa, all of March, beginning with the 1st of march * Nestinari * Kukeri * Koleda (Christmas), Koledari * Velikden (Easter) * Name Days * International Mother's Day, March 8 * Independence Day, March 3 * Sveti, Sveti Kiril i Metodii, May 24 Other Bulgarian customs, specific for Bulgaria, worship God, the saints, the nature, the health, and chase away bad spirits : * St. Andrew's Day - 30 November * Antonovden - 17 January * Archangelden - 8 November * Christmas Eve * Budnik * Easter * Valtchi praznici * St George's Day * German * Dragon chasing * Gorestnici - 28,29,30 July * Dimitrovden - 26 October * St John's Eve - 24 June * Need-fire * Trifon Zarezan - 1 February / 14 February * Horse riding Todorovden - 1st Saturday of Lent * Feast of the Cross - 14 September * Lazarice (Lazarus Saturday) - 8 days before Easter in the name of Lazarus * Maccabees - ab 1 August for 12 days, to remember the Maccabees * Mratinci - Ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cult Of Personality
A cult of personality, or a cult of the leader, Mudde, Cas and Kaltwasser, Cristóbal Rovira (2017) ''Populism: A Very Short Introduction''. New York: Oxford University Press. p. 63. is the result of an effort which is made to create an idealized and heroic image of a leader by a government, often through unquestioning flattery and praise. Historically, it has developed through techniques of mass media, propaganda, fake news, spectacle, the arts, patriotism, and government-organized demonstrations and rallies. A cult of personality is similar to apotheosis, except that it is established by modern social engineering techniques, usually by the state or the party in one-party states and dominant-party states. A cult of personality often accompanies the leader of a totalitarian or authoritarian countries. It can also be seen in some monarchies, theocracies, and failed democracies. Background Throughout history, monarchs and other heads of state were often held in enorm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Georgi Dimitrov
Georgi Dimitrov Mihaylov (; bg, Гео̀рги Димитро̀в Миха̀йлов), also known as Georgiy Mihaylovich Dimitrov (russian: Гео́ргий Миха́йлович Дими́тров; 18 June 1882 – 2 July 1949), was a Bulgarian communist politician. He was the first communist leader of Bulgaria from 1946 to 1949. Dimitrov led the Communist International from 1935 to 1943. Early life Dimitrov was born in Kovachevtsi in present-day Pernik Province, the first of eight children, to refugee parents from Ottoman Macedonia (a mother from Bansko and a father from Razlog). His father was a rural craftsman, forced by industrialisation to become a factory worker. His mother, Parashkeva Doseva, was a Protestant Christian, and his family is sometimes described as Protestant. The family moved to Radomir and then to Sofia. One of Georgi's brothers, Nikola, moved to Russia, joined the Bolsheviks in Odessa until he was arrested in 1908 and exiled to Siberia, where he died in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknotes Of Bulgaria 500 Leva Banknote Of 1942, Boris III
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This practice of "backing" notes with something of substance is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BULGARIA -5 LEVA 1884 A - Flickr - Woody1778a
Bulgaria (; bg, България, Bǎlgariya), officially the Republic of Bulgaria,, ) is a country in Southeast Europe. It is situated on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east. Bulgaria covers a territory of , and is the sixteenth-largest country in Europe. Sofia is the nation's capital and largest city; other major cities are Plovdiv, Varna and Burgas. One of the earliest societies in the lands of modern-day Bulgaria was the Neolithic Karanovo culture, which dates back to 6,500 BC. In the 6th to 3rd century BC the region was a battleground for ancient Thracians, Persians, Celts and Macedonians; stability came when the Roman Empire conquered the region in AD 45. After the Roman state splintered, tribal invasions in the region resumed. Around the 6th century, these territories were settled by the early Slavs. The Bulgars, led by Aspar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulgaria 20 Stotinka
Bulgaria (; bg, България, Bǎlgariya), officially the Republic of Bulgaria,, ) is a country in Southeast Europe. It is situated on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east. Bulgaria covers a territory of , and is the List of European countries by area, sixteenth-largest country in Europe. Sofia is the nation's capital and List of cities and towns in Bulgaria, largest city; other major cities are Plovdiv, Varna, Bulgaria, Varna and Burgas. One of the earliest societies in the lands of modern-day Bulgaria was the Neolithic Karanovo culture, which dates back to 6,500 BC. In the 6th to 3rd century BC the region was a battleground for ancient Thracians, Persians, Celts and Ancient Macedonians, Macedonians; stability came when the Roman Empire conquered the region in AD 45. After the Roman state splintered, tribal invasions in the regio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soviet Ruble
The ruble or rouble (russian: рубль) was the currency of the Soviet Union, introduced in 1922, replacing the Imperial Russian ruble. One ruble was divided into 100 kopecks ( – ''kopeyka'', ''kopeyki''). Soviet banknotes and coins were produced by the Federal State Unitary Enterprise (or Goznak) in Moscow and Leningrad. In addition to regular cash rubles, other types of rubles were also issued, such as several forms of ''convertible ruble'', transferable ruble, clearing ruble, Vneshtorgbank cheque, etc.; also, several forms of virtual rubles (called "cashless ruble", ) were used for inter-enterprise accounting and international settlement in the Comecon zone. In 1991, after the dissolution of the Soviet Union, the Soviet ruble continued to be used in the post-Soviet states, forming a "ruble zone", until it was replaced with the Russian ruble in September 1993. Etymology The word ''ruble'' is derived from the Slavic verb , ''rubit''', i.e., 'to chop'. Historically, a " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
USSR
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national republics; in practice, both its government and its economy were highly centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian SFSR. Other major cities included Leningrad (Russian SFSR), Kiev ( Ukrainian SSR), Minsk ( Byelorussian SSR), Tashkent (Uzbek SSR), Alma-Ata (Kazakh SSR), and Novosibirsk (Russian SFSR). It was the largest country in the world, covering over and spanning eleven time zones. The country's roots lay in the October Revolution of 1917, when the Bolsheviks, under the leadership of Vladimir Lenin, overthrew the Russian Provisional Gove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Reichsmark
The (; sign: ℛℳ; abbreviation: RM) was the currency of Germany from 1924 until 20 June 1948 in West Germany, where it was replaced with the , and until 23 June 1948 in East Germany, where it was replaced by the East German mark. The Reichsmark was subdivided into 100 s (Rpf or ℛ₰). The Mark is an ancient Germanic weight measure, traditionally a half pound, later used for several coins; whereas (''realm'' in English), comes from the official name for the German state from 1871 to 1945, . History The Reichsmark was introduced in 1924 as a permanent replacement for the Papiermark. This was necessary due to the 1920s German inflation which had reached its peak in 1923. The exchange rate between the old Papiermark and the Reichsmark was = 1012 ℳ (one trillion in American English and French, one billion in German and other European languages and British English of the time; see long and short scale). To stabilize the economy and to smooth the transition, the Papierma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fixed Exchange Rate
A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold. There are benefits and risks to using a fixed exchange rate system. A fixed exchange rate is typically used to stabilize the exchange rate of a currency by directly fixing its value in a predetermined ratio to a different, more stable, or more internationally prevalent currency (or currencies) to which the currency is pegged. In doing so, the exchange rate between the currency and its peg does not change based on market conditions, unlike in a floating (flexible) exchange regime. This makes trade and investments between the two currency areas easier and more predictable and is especially useful for small economies that borrow primarily in foreign currency and in which external trade forms a large part of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
