site.btaCentral Bank Marks 10 Years since BGN 2 Coin Replaces Banknote

A decade after the Bulgarian National Bank first put a BGN 2 circulation coin into use on December 7, 2015, the institution’s decision to replace the banknote of the same denomination with a coin remains in effect, BTA reports.

The coin, designed by artist Vanya Dimitrova and featuring Paisius of Hilendar, entered circulation alongside the existing BGN 2 banknotes, which were set to be gradually withdrawn.

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BNB to Put BGN 2 Coin into Circulation on December 7

Sofia, October 22, 2015 /BTA/

The Governing Council of the Bulgarian National Bank decided today to put into circulation as of December 7, 2015 a new circulation coin, legal tender, with a face value of BGN 2, issue 2015, BNB's press service said.

On the obverse of the coin, in the centre of the inner circle, the face value is shown with the digit “2”, ribbed with lines. On the reverse of the coin, in the inner circle, there is a stylised image of Paisius of Hilendar and the years “1722–1773” are inscribed.

BNB noted that the banknotes with a face value of BGN 2, issues 1999 and 2005, would continue to be legal tender alongside the new BGN 2 circulation coin.

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BNB to Present New BGN 2 Circulation Coin

Sofia, November 25, 2015 /BTA/ A new circulation coin, legal tender, with a face value of BGN 2, issue 2015, will be presented at the Bulgarian National Bank, BNB said.
It was to be put into circulation as of December 7, 2015.

The press conference to present the coin was scheduled for November 26 at 1:00 p.m. in Hall 108 of BNB.

At the same time, in December 2015 it was decided that the paper banknotes with a face value of BGN 1 would be withdrawn from circulation:

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BNB Withdraws BGN 1 Banknote from Circulation

Sofia, December 12, 2015 /BTA/ The Governing Council of the Bulgarian National Bank decided today to withdraw from circulation the BGN 1 banknote, issue 1999. The banknote ceased to be legal tender as of January 1, 2016, BNB's press service said.

After that date, the BGN 1 banknotes, issue 1999, were to be exchanged at the cash desks of the Bulgarian National Bank at face value, with no limit on the quantity, no fee and with no time limit for the exchange.