Bulgaria is expected to officially adopt the euro on January 1, 2026—a long-expected and welcome development that strengthens Bulgaria’s economic integration with the European Union. For us at Future-proof Software, this milestone opens up new opportunities to grow and collaborate more seamlessly with clients and partners across the Eurozone. As our headquarters and legal entity are located in Bulgaria, this transition directly impacts our operations and regulatory landscape.
The exchange rate is fixed at 1 EUR = 1.95583 BGN, a peg that has been stable for about two decades. With this continuity, the transition will be smooth and straightforward. From the adoption date onward, all monetary amounts in Bulgarian leva will automatically be converted to euros using this rate.
Existing contracts in Bulgarian Leva (BGN) remain fully valid, and there is no legal requirement for new contracts, annexes, or updates. Any current terms and obligations continue as agreed. Similarly, all BGN-denominated bank accounts will continue to function as normal, with the currency conversion happening automatically—no change in IBANs or account numbers is expected. We will display amounts in both currencies on invoices during the transition period, as required by law starting August 2025, and to support transparency.
Existing contracts in other currencies remain fully valid as well. You can continue to work with us using the same currency and processes—there will be no changes to invoicing, payment instructions, or contract terms. Our systems and documentation already support multi-currency operations, so no updates or actions are required on your side.
If you have any questions or want to understand how this may apply to your specific setup, we’re here to help. At Future-proof Software, we are ready to support a smooth transition—and excited to continue building robust, future-oriented solutions for our clients across a truly unified European market.