Origin: Bulgarian Ивайло
The name is derived from the Bulgar, vulo, meaning, “wolf.”
This was the name of a Ivaylo I of Bulgaria (13th-century CE), a Bulgarian Emperor.
As of 2009, Ivaylo was the 10th most popular male name in Bulgaria.
A variant transcription is Ivailo.
Feminine forms are Ivaila and Ivayla.