Compare today's Germany to Bulgaria (EUR to EUR) exchange rates
📈 Germany to Bulgaria Money Transfer Snapshot Today
- Best EUR to EUR exchange rate today: EUR 1.0000, offered by Profee
- Number of money transfer providers compared: 3
- Exchange rate range: EUR 0.9990 to EUR 1.0000
- Potential savings on EUR 1000: EUR 1.00
- Number of deals and promo codes: 2
See detailed Germany to Bulgaria money transfer comparison below.
Money Transfer Providers that matched the search criteria
📢 Get promotional rate on your first transfer
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's Germany to Bulgaria exchange rates mean for you
Compare today's Germany to Bulgaria exchange rates and send money from Germany to Bulgaria after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 3 providers that you can rely on for Germany to Bulgaria money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Germany to Bulgaria Providers
🥇 Profee with 1 EUR = 1.0000 EUR (best EUR to EUR exchange rate today).
🥈 Ria Money Transfer offering 1 EUR = 1.0000 EUR.
🥉 Wise is also pricing EUR-EUR competitively today.
The exchange rate provided by these 3 providers ranges from EUR 0.9990 to EUR 1.0000. For a EUR 1000 money transfer from Germany to Bulgaria, that could mean up to EUR 1.00 saved on FX alone.
Germany to Bulgaria exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final EUR payout that your recipient gets in Bulgaria.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Germany to Bulgaria remittances.
🔄 Looking for the reverse corridor? Send money from Bulgaria to Germany instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Germany.
👇 We also suggest looking beyond today's EUR-EUR exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst EUR-EUR exchange rate is crucial, historical data shows that transfer fees, EUR amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze Germany to Bulgaria historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your EUR payout.
Data-driven cost insights for Germany to Bulgaria money transfers
When you send money internationally from Germany to Bulgaria, the key factors that will influence the overall cost of your transaction are:
- Germany to Bulgaria exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum EUR payout for your overseas recipient in Bulgaria.
Another counter-balancing aspect is money transfer speed. If you need to rush money from Germany to Bulgaria, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Germany to Bulgaria money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 410 actual Germany to Bulgaria money transfers handled by 11 providers over the last 5 years (for a EUR 140 remittance benchmark).
This data-driven approach using real Germany to Bulgaria transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for Germany to Bulgaria money transfers
- Average total cost: 4.69% (range 0.00% to 13.87%, spread 13.87 percentage points)
- Potential payout difference: On a EUR 140 transfer, the above variation can save you up to EUR 19.42.
- Average FX markup: 0.79% (range -0.55%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 4.25%, spread 4.80 percentage points) - Average transfer fee: EUR 5.47 (range EUR 0.00 to EUR 14.90)
- Cheapest payment/delivery method combo: Bank Account Transfer → Bank Deposit (2.70% avg cost); most expensive is Cash → Cash Pickup (8.13%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 5.42% (EUR 7.59 on EUR 140 transfer).
- Market coverage: ~11 providers on average (competition level: competitive)
- Average speed: About 17 hours
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your Germany to Bulgaria money transfers.
💰 Transfer fees affect your total Germany to Bulgaria remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Euro reaches your recipient in Bulgaria.
Based on data from last 5 years, we notice the below about Euro to Bulgaria money transfer fees:
- Average fee: EUR 5.47
- Median fee: EUR 4.25
- Lowest fee: EUR 0.00
- Highest fee: EUR 14.90
The average fee amount of EUR 5.47 noted above represents 3.90% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by EUR 14.90.
🛠️ How to use this insight: For your next money transfer from Germany to Euro, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for Germany to Bulgaria remittances
Based on our detailed analysis of historical Germany to Bulgaria data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to Bulgaria from Germany:
- Bank Account Transfer: 3.38%
- Credit Card: 4.28%
- Debit Card: 4.34%
- Cash: 8.13%
That is a total spread of 4.74 percentage points.
This means that on a EUR 140 transfer, you could save up to EUR 6.64 simply by choosing the best priced payment method.
These savings will only multiply for higher EUR amounts.
Here is the average cost of popular delivery methods used to send money from Germany to Bulgaria:
- Bank Deposit: 3.08%
- Cash Pickup: 5.91%
The cost difference between the above delivery methods is 2.83 percentage points.
Once again, this means that you could save up to EUR 3.96 on a EUR 140 transfer to Bulgaria by choosing Bank Deposit versus Cash Pickup.
As you can imagine, the possible combinations of Germany payment methods and Bulgaria delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for Germany to EUR money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Bank Account Transfer | Bank Deposit | 2.70 |
| Credit Card | Bank Deposit | 3.31 |
| Debit Card | Bank Deposit | 3.61 |
| Credit Card | Cash Pickup | 4.85 |
| Debit Card | Cash Pickup | 4.86 |
| Bank Account Transfer | Cash Pickup | 5.37 |
| Cash | Cash Pickup | 8.13 |
Sorted by Average Cost % (cheapest to most expensive).
As you can see, the difference between these Germany to Bulgaria payment and delivery options is significant. Here are some observations:
- Bank Account Transfer → Bank Deposit has the lowest average cost at 2.70%.
- Cash → Cash Pickup has the highest average cost at 8.13%.
- Bank Account Transfer → Bank Deposit average cost is 5.42 percentage points lower than that of Cash → Cash Pickup.
- This means that on a EUR 140 money transfer, you could save up to EUR 11.38 simply by choosing the best payment and delivery method combo.
- Further, on a EUR 345 money transfer, the savings increase to EUR 28.04.
Here is a quick summary of the average historical cost of various payment and delivery methods for EUR to Bulgaria money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Bank Account Transfer averaged 3.38%, compared to 8.13% for Cash, a difference of 4.74 percentage points.
- Cheapest delivery method: Bank Deposit averaged 3.08%, compared to 5.91% for Cash Pickup (2.83 percentage points higher).
- Cheapest combo: Bank Account Transfer → Bank Deposit averaged 2.70%, which is 5.42 percentage points lower than Cash → Cash Pickup (8.13%).
🛠️ How to use this insight: As you compare money transfer providers for your next Germany to Bulgaria international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Germany to Bulgaria remittances by carefully choosing the most economical payment and delivery methods.
🏦 Are banks more expensive than money transfer providers for Germany to Bulgaria remittances?
When we compared Germany banks with money transfer providers based on 5 years of remittance data, we noticed some patterns.
Interestingly, for Germany to Bulgaria remittances, traditional banks are 4.71 percentage points cheaper on average than money transfer providers.
Here are the key stats behind this comparison:
| Banks | MTOs^ | Difference | |
|---|---|---|---|
| Average transfer fee | EUR 0.00 | EUR 5.49 | EUR -5.49 |
| Exchange rate markup | 0.00% | 0.79% | -0.79 pp* |
| Average total cost (%) | 0.00% | 4.71% | -4.71 pp* |
^MTO: Money transfer operator, a commonly used term for a money transfer provider
*Percentage points
🛠️ How to use this insight: Historical data shows that banks in Germany can be competitive. However, pricing still varies by provider, transfer amount, and method — so comparing options can still be beneficial.
📊 Does sending more money reduce the cost of Germany to Bulgaria money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending EUR 140 vs EUR 345 from Germany to Bulgaria.
We found that sending a higher amount (EUR 345) tends to be cheaper - average cost drops from 4.69% to 2.83%, a reduction of 1.86 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Euro amounts to Bulgaria, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the Germany to Bulgaria remittance market?
Based on data from the last 5 years, Germany to Bulgaria money transfers are provided on an average by 11 remittance companies. With around 11 providers serving this market, we consider the level of competition to be competitive.
Traditional banks have represented only 9.1% of active providers in this corridor (1 out of 11), meaning money transfer companies make up the majority.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Germany to Bulgaria remittances.
⏱️ How fast are Germany to Bulgaria money transfers?
If your recipient in Bulgaria needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for Germany to Bulgaria transfers when it comes to processing time:
- Average transfer time: About 17 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 96 hours (~4.0 days).
- Average speed at EUR 140: About 17 hours.
- Average speed at EUR 345: About 17 hours.
Banks vs money transfer providers speed comparison: Banks take 31 hours longer on average than money transfer providers.
🛠️ How to use this insight: If you need to send money from Germany to Bulgaria in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Bulgaria.
Germany to Bulgaria transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about Germany to Bulgaria money transfers
These FAQs use data from RemitFinder's historical analysis of Germany to Bulgaria money transfers over several years.
What factors affect the total cost of sending money from Germany to Bulgaria?
The total cost of your Germany to Bulgaria money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
Can Germany to Bulgaria exchange rate markup be negative?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative Germany to Bulgaria exchange rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Is the exchange rate or the transfer fee more important for Germany to Bulgaria transfers?
Transfer fees range from EUR 0.00 to EUR 14.90, which equals roughly 10.64% on a EUR 140.00 transfer.
At EUR 140.00, the larger driver of overall cost is the transfer fee, whilst at EUR 345.00, it shifts toward exchange rate markup.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Germany to Bulgaria transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger EUR amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most EUR for your EUR.
How much can Germany to Bulgaria transfer costs vary between providers?
Historical transfer cost ranges from 0.00% to 13.87% for EUR transfers to Bulgaria. That is a spread of 13.87 percentage points, meaning significant differences between various money transfer providers.
Why do various money transfer providers price EUR to Bulgaria transfers differently?
If you send the same Euro amount to Bulgaria via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final EUR payout in Bulgaria in a big way.
How stable are transfer costs in the Germany to Bulgaria corridor?
When we analyzed the historical total cost for Germany to Bulgaria transfers, we observed a range from 0.00% to 13.87% (13.87 percentage points difference), along with a variability (standard deviation) of 2.86%.
This is exactly why we recommend comparing money transfer providers to get the most of your Germany to Bulgaria transfers.
Which payment method is cheapest for Germany to Bulgaria remittances?
Bank Account Transfer is the cheapest payment method in Germany based on its average cost at 3.38% (compared to Cash at 8.13%, a difference of 4.74 percentage points).
Based on this, we recommend paying for your EUR transfer with Bank Account Transfer, and avoiding Cash if possible.
Is Debit Card cheaper than Credit Card for Germany to Bulgaria transfers?
Credit Card is cheaper on average when sending money to Bulgaria from Germany since it costs 4.34% (compared to 4.28% for Credit Card payments, a difference of 0.06 percentage points).
As a result, we recommend that you avoid paying for your transfer to Bulgaria with a Credit Card.
Which delivery method is cheapest for Germany to Bulgaria money transfers?
Bank Deposit is the cheapest delivery method in Bulgaria as it costs 3.08% (compared to Cash Pickup at 5.91%, a spread of 2.83 percentage points).
If your recipient in Bulgaria can accept Bank Deposit, we recommend choosing it as your preferred delivery option for Germany to Bulgaria transfers.
Is Bank Deposit cheaper than Cash Pickup for Germany to Bulgaria transfers?
Bank Deposit is cheaper for transfers to Bulgaria given its 3.08% average cost (versus 5.91% for Cash Pickup, a difference of 2.83 percentage points).
To save more, consider choosing the cheapest delivery option for Bulgaria.
What is the cheapest way to send money from Germany to Bulgaria?
We evaluated 7 payment and delivery method combinations for Germany to Bulgaria remittances.
Based on historical data, Bank Account Transfer → Bank Deposit is the cheapest combination with 2.70% cost.
At the other end of the spectrum, Cash → Cash Pickup is the most expensive combination at 8.13% cost. That is a difference of 5.42 percentage points between the cheapest and most expensive combinations.
Money transfer providers tend to price payment and delivery methods for Germany to Bulgaria remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your Germany to Bulgaria transfers.
Does sending more money reduce the cost for Germany to Bulgaria transfers?
Larger Germany to Bulgaria transfers are cheaper on average.
The cost of a EUR 140 transfer averages 4.69% as compared to 2.83% for a EUR 345 transfer, a difference of 1.86 percentage points.
How long does it take to send money from Germany to Bulgaria?
Based on our analysis, the average transfer time for Germany to Bulgaria transfers is 17 hours, with the fastest transfers completing in less than one hour and the slowest in 96 hours (~4.0 days).
Are instant transfers available from Germany to Bulgaria?
Yes, historical data shows that some transfers to Bulgaria from Germany can complete in less than one hour.
Note that the actual speed of your Germany to Bulgaria transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
Are banks more expensive than money transfer companies for Germany to Bulgaria?
Banks in Germany are competitive and can be cheaper than money transfer providers.
The average cost of banks is 0.00% compared to 4.71% for money transfer providers in Germany, a difference of -4.71 percentage points.
How competitive is the Germany to Bulgaria remittance market?
Based on historical data, the competition level in Germany to Bulgaria is considered competitive with 11 active providers.
Money transfer providers represent about 90.9% of identified providers in Germany.
Do I risk overpaying if I do not compare providers for Germany to Bulgaria?
Historically, total Germany to Bulgaria transfer cost has varied by 13.87 percentage points. On a EUR 140 transfer, that can translate to EUR 19.42 in savings.
Fees can also make a big difference in this market, with a difference of about EUR 14.90 across providers.
That is why comparing providers can materially change how much of the EUR you send does your recipient receive in Bulgaria in Bulgaria.
1 Based on 410 pricing observations across 11 firms over the last 5 years for a EUR 140 money transfer from Germany to Bulgaria. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Germany to Bulgaria remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.