Pensions in Euros: How and Why is the Conversion Done?

06.01.2026 | Social policy

Over 2 million pensioners are already receiving their pensions in euros, converted at the Bulgarian National Bank's exchange rate. The pension amounts remain unchanged, but are rounded according to the Law on the Introduction of the Euro.

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Over 2 million people will receive their pensions in euros. The currency conversion is performed at the fixed exchange rate of the Bulgarian National Bank – 1.95583.

How to check the size of your pension in euros?

Lilyana Samokovska, an expert in the "Pensions" Directorate, NSSI, explains that the pension amounts do not change, they are only converted.

Important for rounding:

Rounding is performed according to the Law on the Introduction of the Euro. The third digit after the decimal point, when greater than zero, increases the second by one unit.