Currencies.Zone

Bhutanese ngultrum

The Bhutanese ngultrum is the currency of Bhutan (BT)

Convert Australian dollar

1 BTN = 0.017 AUD

1 AUD = 58.684 BTN

Convert Argentine peso

1 BTN = 16.041 ARS

1 ARS = 0.062 BTN

Convert Burundian Franc

1 BTN = 33.080 BIF

1 BIF = 0.030 BTN

Convert Bahraini dinar

1 BTN = 0.004 BHD

1 BHD = 235.991 BTN

Convert Bolivian boliviano

1 BTN = 0.078 BOB

1 BOB = 12.836 BTN

Convert Azerbaijani manat

1 BTN = 0.019 AZN

1 AZN = 52.196 BTN

Convert Bhutanese ngultrum

1 BTN = 1.000 BTN

1 BTN = 1.000 BTN

Convert Costa Rican colón

1 BTN = 5.680 CRC

1 CRC = 0.176 BTN

Convert Czech koruna

1 BTN = 0.233 CZK

1 CZK = 4.291 BTN

Convert Chinese Yuan Renminbi

1 BTN = 0.080 CNY

1 CNY = 12.463 BTN

Convert Danish Krone

1 BTN = 0.072 DKK

1 DKK = 13.949 BTN

Convert Ethiopian birr

1 BTN = 1.643 ETB

1 ETB = 0.609 BTN

Convert Guinean franc

1 BTN = 97.854 GNF

1 GNF = 0.010 BTN

Convert Croatian kuna

1 BTN = 0.079 HRK

1 HRK = 12.639 BTN

Convert Indonesian Rupiah

1 BTN = 187.208 IDR

1 IDR = 0.005 BTN

Convert Jamaican Dollar

1 BTN = 1.806 JMD

1 JMD = 0.554 BTN

Convert Kyrgyzstani som

1 BTN = 0.985 KGS

1 KGS = 1.015 BTN

Convert Convertible Mark

1 BTN = 0.019 BAM

1 BAM = 53.248 BTN

Convert Netherlands Antillean guilder

1 BTN = 0.020 ANG

1 ANG = 49.267 BTN

Convert Botswana pula

1 BTN = 0.159 BWP

1 BWP = 6.281 BTN

Convert Brunei dollar

1 BTN = 0.015 BND

1 BND = 68.894 BTN

Convert Congolese franc

1 BTN = 28.725 CDF

1 CDF = 0.035 BTN

Convert Belize dollar

1 BTN = 0.023 BZD

1 BZD = 44.076 BTN

Convert Belarusian Ruble

1 BTN = 382.046 BYR

1 BYR = 0.003 BTN

Convert Bulgarian lev

1 BTN = 0.019 BGN

1 BGN = 53.248 BTN

Convert Canadian dollar

1 BTN = 0.016 CAD

1 CAD = 63.650 BTN

Convert Algerian dinar

1 BTN = 1.460 DZD

1 DZD = 0.685 BTN

Convert Eritrean nakfa

1 BTN = 0.169 ERN

1 ERN = 5.916 BTN

Convert Egyptian Pound

1 BTN = 0.539 EGP

1 EGP = 1.854 BTN

Convert Fijian Dollar

1 BTN = 0.025 FJD

1 FJD = 39.289 BTN

Convert Pound sterling

1 BTN = 0.008 GBP

1 GBP = 119.606 BTN

Convert Falkland Islands pound

1 BTN = 0.008 FKP

1 FKP = 119.606 BTN

Convert Guatemalan quetzal

1 BTN = 0.086 GTQ

1 GTQ = 11.582 BTN

Convert Hong Kong dollar

1 BTN = 0.088 HKD

1 HKD = 11.404 BTN

Convert Hungarian forint

1 BTN = 3.738 HUF

1 HUF = 0.268 BTN

Convert Iraqi dinar

1 BTN = 14.756 IQD

1 IQD = 0.068 BTN

Convert Iranian Rial

1 BTN = 474.022 IRR

1 IRR = 0.002 BTN

Convert Comorian Franc

1 BTN = 4.724 KMF

1 KMF = 0.212 BTN

Convert South Korean Won

1 BTN = 15.802 KRW

1 KRW = 0.063 BTN

Convert Albanian lek

1 BTN = 0.930 ALL

1 ALL = 1.076 BTN

Convert Bangladeshi Taka

1 BTN = 1.371 BDT

1 BDT = 0.729 BTN

Convert Aruban florin

1 BTN = 0.020 AWG

1 AWG = 49.571 BTN

Convert Brazilian Real

1 BTN = 0.060 BRL

1 BRL = 16.648 BTN

Convert Bitcoin Cash

1 BTN = 0.000 BCH

1 BCH = 52722.995 BTN

Convert Bitcoin

1 BTN = 0.000 BTC

1 BTC = 11091600.000 BTN

Convert Arab Emirates Dirham

1 BTN = 0.041 AED

1 AED = 24.161 BTN

Convert Angolan kwanza

1 BTN = 10.341 AOA

1 AOA = 0.097 BTN

Convert Bahamian dollar

1 BTN = 0.011 BSD

1 BSD = 88.733 BTN

Convert Chilean Peso

1 BTN = 10.827 CLP

1 CLP = 0.092 BTN

Convert Belarusian ruble

1 BTN = 0.038 BYN

1 BYN = 26.175 BTN

Convert Colombian Peso

1 BTN = 43.757 COP

1 COP = 0.023 BTN

Convert Cuban peso

1 BTN = 0.270 CUP

1 CUP = 3.700 BTN

Convert Ethereum

1 BTN = 0.000 ETH

1 ETH = 389178.947 BTN

Convert Euro

1 BTN = 0.010 EUR

1 EUR = 104.143 BTN

Convert Honduran lempira

1 BTN = 0.295 HNL

1 HNL = 3.387 BTN

Convert Gambian dalasi

1 BTN = 0.828 GMD

1 GMD = 1.208 BTN

Convert Gibraltar pound

1 BTN = 0.008 GIP

1 GIP = 119.606 BTN

Convert Haitian gourde

1 BTN = 1.477 HTG

1 HTG = 0.677 BTN

Convert Jordanian dinar

1 BTN = 0.008 JOD

1 JOD = 125.152 BTN

Convert Japanese Yen

1 BTN = 1.658 JPY

1 JPY = 0.603 BTN

Convert Afghan afghani

1 BTN = 0.761 AFN

1 AFN = 1.314 BTN

Convert Barbadian dollar

1 BTN = 0.023 BBD

1 BBD = 44.366 BTN

Convert Bermudian dollar

1 BTN = 0.011 BMD

1 BMD = 88.733 BTN

Convert Armenian dram

1 BTN = 4.297 AMD

1 AMD = 0.233 BTN

Convert Swiss franc

1 BTN = 0.009 CHF

1 CHF = 111.419 BTN

Convert Djiboutian franc

1 BTN = 2.007 DJF

1 DJF = 0.498 BTN

Convert Dominican Peso

1 BTN = 0.703 DOP

1 DOP = 1.422 BTN

Convert Cape Verdean escudo

1 BTN = 1.059 CVE

1 CVE = 0.944 BTN

Convert Georgian Lari

1 BTN = 0.031 GEL

1 GEL = 32.576 BTN

Convert Ghana Cedi

1 BTN = 0.141 GHS

1 GHS = 7.076 BTN

Convert Guyanese dollar

1 BTN = 2.357 GYD

1 GYD = 0.424 BTN

Convert Israeli Sheqel

1 BTN = 0.037 ILS

1 ILS = 26.742 BTN

Convert Indian Rupee

1 BTN = 1.000 INR

1 INR = 1.000 BTN

Convert Icelandic Krona

1 BTN = 1.369 ISK

1 ISK = 0.730 BTN

Convert Cambodian Riel

1 BTN = 45.184 KHR

1 KHR = 0.022 BTN

Convert Kenyan shilling

1 BTN = 1.459 KES

1 KES = 0.685 BTN

Convert Kuwaiti Dinar

1 BTN = 0.003 KWD

1 KWD = 290.342 BTN

Convert Kazakhstani tenge

1 BTN = 6.168 KZT

1 KZT = 0.162 BTN

Convert Sri Lankan rupee

1 BTN = 3.407 LKR

1 LKR = 0.293 BTN

Convert Moroccan dirham

1 BTN = 0.102 MAD

1 MAD = 9.761 BTN

Convert Burmese kyat

1 BTN = 23.660 MMK

1 MMK = 0.042 BTN

Convert Mongolian Tugrik

1 BTN = 40.525 MNT

1 MNT = 0.025 BTN

Convert Mauritian Rupee

1 BTN = 0.513 MUR

1 MUR = 1.948 BTN

Convert Mauritanian ouguiya

1 BTN = 4.496 MRO

1 MRO = 0.222 BTN

Convert Maldivian rufiyaa

1 BTN = 0.174 MVR

1 MVR = 5.762 BTN

Convert Malawian kwacha

1 BTN = 19.556 MWK

1 MWK = 0.051 BTN

Convert New Zealand Dollar

1 BTN = 0.019 NZD

1 NZD = 51.702 BTN

Convert Nepalese rupee

1 BTN = 1.601 NPR

1 NPR = 0.625 BTN

Convert Philippine peso

1 BTN = 0.656 PHP

1 PHP = 1.525 BTN

Convert Pakistani rupee

1 BTN = 3.183 PKR

1 PKR = 0.314 BTN

Convert Rwandan franc

1 BTN = 16.326 RWF

1 RWF = 0.061 BTN

Convert Litecoin

1 BTN = 0.000 LTC

1 LTC = 10724.293 BTN

Convert Mexican peso

1 BTN = 0.207 MXN

1 MXN = 4.826 BTN

Convert Nicaraguan córdoba

1 BTN = 0.414 NIO

1 NIO = 2.417 BTN

Convert Romanian leu

1 BTN = 0.049 RON

1 RON = 20.482 BTN

Convert North Korean won

1 BTN = 10.143 KPW

1 KPW = 0.099 BTN

Convert Cayman Islands dollar

1 BTN = 0.009 KYD

1 KYD = 106.763 BTN

Convert Lebanese pound

1 BTN = 1013.101 LBP

1 LBP = 0.001 BTN

Convert Libyan dinar

1 BTN = 0.061 LYD

1 LYD = 16.375 BTN

Convert Lao kip

1 BTN = 243.971 LAK

1 LAK = 0.004 BTN

Convert Malagasy Ariary

1 BTN = 50.089 MGA

1 MGA = 0.020 BTN

Convert Liberian dollar

1 BTN = 2.047 LRD

1 LRD = 0.489 BTN

Convert Macedonian Denar

1 BTN = 0.592 MKD

1 MKD = 1.690 BTN

Convert Lesotho loti

1 BTN = 0.194 LSL

1 LSL = 5.154 BTN

Convert Macanese pataca

1 BTN = 0.090 MOP

1 MOP = 11.072 BTN

Convert Moldovan Leu

1 BTN = 0.188 MDL

1 MDL = 5.325 BTN

Convert Namibian dollar

1 BTN = 0.194 NAD

1 NAD = 5.154 BTN

Convert Malaysian ringgit

1 BTN = 0.047 MYR

1 MYR = 21.096 BTN

Convert Omani rial

1 BTN = 0.004 OMR

1 OMR = 230.596 BTN

Convert Nigerian Naira

1 BTN = 16.713 NGN

1 NGN = 0.060 BTN

Convert Papua New Guinean Kina

1 BTN = 0.048 PGK

1 PGK = 20.890 BTN

Convert Panamanian Balboa

1 BTN = 0.011 PAB

1 PAB = 88.733 BTN

Convert Peruvian sol

1 BTN = 0.039 PEN

1 PEN = 25.517 BTN

Convert Norwegian krone

1 BTN = 0.112 NOK

1 NOK = 8.954 BTN

Convert Polish Zloty

1 BTN = 0.041 PLN

1 PLN = 24.423 BTN

Convert Paraguayan Guaraní

1 BTN = 79.825 PYG

1 PYG = 0.013 BTN

Convert Qatari Rial

1 BTN = 0.041 QAR

1 QAR = 24.377 BTN

Convert Solomon Islands Dollar

1 BTN = 0.095 SBD

1 SBD = 10.564 BTN

Convert Saudi riyal

1 BTN = 0.042 SAR

1 SAR = 23.662 BTN

Convert Singapore dollar

1 BTN = 0.015 SGD

1 SGD = 68.894 BTN

Convert Sierra Leonean leone

1 BTN = 255.806 SLL

1 SLL = 0.004 BTN

Convert Thai baht

1 BTN = 0.365 THB

1 THB = 2.736 BTN

Convert Taiwan dollar

1 BTN = 0.343 TWD

1 TWD = 2.917 BTN

Convert Ukrainian hryvnia

1 BTN = 0.465 UAH

1 UAH = 2.150 BTN

Convert Ugandan Shilling

1 BTN = 39.047 UGX

1 UGX = 0.026 BTN

Convert Surinamese dollar

1 BTN = 0.432 SRD

1 SRD = 2.314 BTN

Convert São Tomé and Príncipe dobra

1 BTN = 236.821 STD

1 STD = 0.004 BTN

Convert Turkish Lira

1 BTN = 0.469 TRY

1 TRY = 2.133 BTN

Convert Trinidad & Tobago Dollar

1 BTN = 0.076 TTD

1 TTD = 13.072 BTN

Convert Tongan paʻanga

1 BTN = 0.027 TOP

1 TOP = 37.031 BTN

Convert Uzbekistani som

1 BTN = 136.368 UZS

1 UZS = 0.007 BTN

Convert Yemeni Rial

1 BTN = 2.696 YER

1 YER = 0.371 BTN

Convert South African rand

1 BTN = 0.194 ZAR

1 ZAR = 5.154 BTN

Convert Serbian Dinar

1 BTN = 1.125 RSD

1 RSD = 0.889 BTN

Convert Russian ruble

1 BTN = 0.928 RUB

1 RUB = 1.077 BTN

Convert Somali shilling

1 BTN = 6.440 SOS

1 SOS = 0.155 BTN

Convert Salvadoran Colón

1 BTN = 0.099 SVC

1 SVC = 10.141 BTN

Convert Syrian Pound

1 BTN = 146.531 SYP

1 SYP = 0.007 BTN

Convert Swazi lilangeni

1 BTN = 0.194 SZL

1 SZL = 5.154 BTN

Convert Tunisian dinar

1 BTN = 0.033 TND

1 TND = 30.585 BTN

Convert Uruguayan peso

1 BTN = 0.449 UYU

1 UYU = 2.226 BTN

Convert Vietnamese dong

1 BTN = 297.436 VND

1 VND = 0.003 BTN

Convert Vanuatu vatu

1 BTN = 1.353 VUV

1 VUV = 0.739 BTN

Convert Samoan Tala

1 BTN = 0.031 WST

1 WST = 32.044 BTN

Convert CFA franc

1 BTN = 6.299 XAF

1 XAF = 0.159 BTN

Convert East Caribbean dollar

1 BTN = 0.031 XCD

1 XCD = 32.782 BTN

Convert Seychellois Rupee

1 BTN = 0.166 SCR

1 SCR = 6.012 BTN

Convert Swedish krona

1 BTN = 0.106 SEK

1 SEK = 9.468 BTN

Convert Saint Helena pound

1 BTN = 0.008 SHP

1 SHP = 119.606 BTN

Convert Tanzanian Shilling

1 BTN = 27.640 TZS

1 TZS = 0.036 BTN

Convert United States dollar

1 BTN = 0.011 USD

1 USD = 88.733 BTN

Convert CFP franc

1 BTN = 1.146 XPF

1 XPF = 0.873 BTN

Convert West African CFA franc

1 BTN = 6.299 XOF

1 XOF = 0.159 BTN

1
2
3
>

Evolution of the BTN Exchange Rate

The Bhutanese ngultrum (BTN) has historically maintained a fixed exchange rate with the Indian rupee (INR) at a 1:1 ratio. This fixed rate has been in place since the inception of the BTN in 1974. As a result, the BTN exchange rate has remained relatively stable against the INR over time.

Variations in the BTN Exchange Rate

Due to its fixed exchange rate regime, the BTN has experienced minimal variations against the INR. However, there have been instances where external factors, such as global economic shocks or changes in the Indian economy, have temporarily affected the exchange rate. For example, during periods of financial turmoil or economic instability, there may be slight fluctuations in the BTN exchange rate.

Significance of BTN in the Global Economy

The BTN is not widely traded or used outside of Bhutan. It holds limited significance in the global economy as it is not a fully convertible currency. The majority of Bhutan's trade is conducted with India, and the fixed exchange rate with the INR helps facilitate smooth bilateral trade between the two countries. However, in terms of global financial markets, the BTN does not play a significant role.

Shocks Experienced by BTN and Correlation with Other Currencies

The BTN is susceptible to external shocks that affect the Indian economy due to its fixed exchange rate with the INR. When the INR experiences significant fluctuations and depreciation, it indirectly impacts the BTN exchange rate. Additionally, global economic shocks or events may also influence the BTN exchange rate to a certain extent. However, as the BTN is not actively traded or widely used, its correlation with other currencies is not extensively studied or analyzed.