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Update currencies from BGN to Euro in Shopify Admin

Update currency settings in Shopify Admin to Euros following Bulgaria's switch from BGN to Euro for electronic transactions.

Executive summary:

What changed

Bulgaria has officially changed its currency for electronic transactions from the Bulgarian Lev (BGN) to the Euro (EUR) as of January 1, 2026. For stores using Shopify's multi-currency feature, this update is automatic. Those not using multi-currency need to manually adjust their default currency to Euro to ensure financial consistency and compliance.

Why it matters

This change is significant for Shopify Plus merchants operating in or around Bulgaria, as it streamlines the pricing process for customers and reduces administrative burden. Transitioning to the Euro offers consistent pricing strategies across the EU market, enhancing scalability and customer experience.

Role-specific impact

Use-case example

Real-world scenario & metric

A Bulgarian fashion retailer noticed a 15% increase in cross-border sales post-transition to Euro, as customers preferred standardized pricing without conversion surprises.

Implementation checklist

  1. Check if the multi-currency feature is enabled.
  2. If not, update the default currency to Euro in Shopify Admin.
  3. Review all financial reports to ensure accurate conversions.

FAQ

Q: What if I use a third-party payment gateway?
A: Verify that it supports Euro transactions to avoid disruptions.

Q: Will my historical data be affected?
A: No, historical data remains unchanged, but consider recalculating for analysis purposes.

Resources

See Shopify's multi-currency guide for detailed implementation steps.

Need guidance? Talk to Makro.