A fixed exchange rate locks one price but can't freeze every price in the economy. Explore the mechanics through interactive simulations and data.
Drag the slider to simulate selling or buying pressure on the pegged currency
Exchange Rate (BGN/EUR)
1.9558
Pegged - unchanged
Foreign Reserves
100%
Adequate
Market Pressure
Exchange Rate History
The exchange rate stays flat while domestic prices climb. Toggle each inflation driver to see its effect.
Dual Chart: Peg (flat) vs CPI (climbing)
Exchange Rate (Peg)
1.95583
BGN/EUR - Unchanged
Current CPI
152.7
Base 100 at peg start
Cumulative Inflation
52.7%
Over 60 months
How productivity gains in tradable sectors drive up domestic prices under a fixed exchange rate. Tap each step to explore.
You have 1,000,000 BGN and want to exploit the peg for risk-free profit. Try each route.
The Infinite Counterparty
You
1,000,000 BGN
Central Bank
Infinite Counterparty
Always offers exactly 1.9558 BGN/EUR