Bulgaria will become the 21st member of the Eurozone

• On July 1, 2025, EU finance ministers officially approved Bulgaria's adoption of the euro, with the switch taking place on January 1, 2026.

• With the move, Bulgaria will become the 21st member of the eurozone and replace its national currency, the lev, with the euro.

• Bulgaria switched from the lev to the euro nearly 19 years after the country of 6.4 million joined the EU.

• The euro-to-lev exchange rate is officially set at 1.95583.