Bhutanese ngultrum

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(Redirected from Ngultrum)

Image:1ngultrum.jpg The ngultrum (BTN) is the currency of Bhutan, subdivided into 100 chertrums. In Dzongkha, it is written as དངུལ་ཀྲམ.

It is equal in value to the Indian Rupee. As of January 7, 2005, there are 43.8400 Ngultrums to the US dollar or 57.2443 to the Euro.

Before the introduction of the Ngultrum, Bhutan issued Bhutanese rupees, subdivided into 64 paisa until 1957 and into 100 naya paisa after.

India was key in assisting the Bhutanese government as it developed its economy in the early sixties. When the Ngultrum was introduced in 1974 the Bhutanese pegged it to the Indian Rupee. It does not exchange independently with other nations but is exchanged interchangeably with the Indian Rupee.

Image:Bhutanese coin.jpg Coins in circulation

5 Chertrum (discontinued)
10 Chertrum (discontinued)
20 Chertrum
25 Chertrum
50 Chertrum
1 Ngultrum

Banknotes in circulation

5 Ngultrum
10 Ngultrum
20 Ngultrum
50 Ngultrum
100 Ngultrum
500 Ngultrum

For further research:

Currencies of Asia and the Pacific
Central	Afghan afghani \| Kazakhstani tenge \| Kyrgyzstani som \| Mongolian tugrug \| Russian ruble \| Tajikistani somoni \| Turkmenistani manat \| Uzbekistani som
East	Chinese yuan \| Hong Kong dollar \| Japanese yen \| Macanese pataca \| North Korean won \| South Korean won \| New Taiwan dollar
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South	Bangladeshi taka \| Bhutanese ngultrum \| Indian rupee \| Maldivian rufiyaa \| Nepalese rupee \| Pakistani rupee \| Sri Lankan rupee
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Pacific	Australian dollar (Kiribati, Nauru, Norfolk Island, Tuvalu) \| CFP franc (French Polynesia, New Caledonia, Wallis and Futuna) \| Fijian dollar \| New Zealand dollar (Cook Islands, Niue, Tokelau, Pitcairn Islands) \| Papua New Guinean kina \| Samoan tala \| Solomon Islands dollar \| Tongan pa'anga \| US dollar (American Samoa, Guam, Hawaii, Marshall Islands, Federated States of Micronesia, Northern Mariana Islands, Palau) \| Vanuatu vatu
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