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Description
This 5 Bulgarian lev banknote was issued in 2020 by the Bulgarian National Bank. It belongs to Series A and pays tribute to Ivan Milev, one of the most iconic Bulgarian artists of the early 20th century, known for his expressionist style and his depictions of Bulgarian culture and folklore.
Ivan Milev (1897-1927) was a Bulgarian painter and graphic artist whose work, though brief due to his untimely death, left a profound mark on the history of Bulgarian art. His portrait features prominently on this banknote, reflecting the national recognition granted to this major artist. Bulgarian banknotes of this generation typically incorporate iconographic elements drawn from the work of the depicted personalities, linking the historical figure to their cultural and artistic legacy.
The face value of this banknote is 5 lev, the official currency unit of Bulgaria. The lev is subdivided into 100 stotinki and has been pegged to the euro since 1999 under the Bulgarian currency board arrangement, at a fixed rate of 1.95583 lev per 1 euro.
This banknote from Series A issued in 2020 represents an updated or reissued version of the 5 lev note, incorporating modern security and printing standards specific to contemporary banknotes. This type of banknote is of interest to collectors specialising in the numismatics of Eastern European and Balkan countries, as well as those interested in Bulgarian cultural and artistic history through paper currency.
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