Currency.Wiki

1 Ngultrum to Euro

Updated 7 minutes ago
Convert 1 BTN:EUR
 BTN =
    EUR
 Ngultrum =  Euros
Trending: Nu. exchange rates for the last 24 hours
  • BTN/USD 0.012002 -0.00004373
  • BTN/EUR 0.011032 -0.00014708
  • BTN/JPY 1.868463 0.05826981
  • BTN/GBP 0.009447 -0.00012286
  • BTN/CHF 0.010910 0.00027439
  • BTN/MXN 0.199342 -0.00601444
  • BTN/INR 0.999801 -0.00027072
  • BTN/BRL 0.061267 0.00154516
  • BTN/CNY 0.086695 -0.00001469

BTN/EUR exchange rate analysis over the past 90 days

Ngultrum to Euro exchange rate: Over the last 90 days, the Ngultrum weakened by -1.33% against the Euro, declining from €0.0112 to €0.0110 per Ngultrum. This trend reflects the evolving economic dynamics between the Bhutan and the European Union. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Bhutan and European Union.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Bhutan and European Union.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Bhutan or European Union.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Bhutan relative to the European Union.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

btn/eur Historical Chart

Nu.
Ngultrum Currency

Country: Bhutan

Symbol: Nu.

ISO Code: BTN

Bank: Royal Monetary Authority of Bhutan

Interesting fact about Ngultrum

The Ngultrum (BTN) is the official currency of Bhutan, a landlocked country in South Asia. It was introduced in 1974 to replace the Indian rupee as Bhutan's currency. The Ngultrum has been stable and is pegged to the Indian rupee. It holds significant cultural and economic importance in Bhutan as it reflects the country's independence and sovereignty.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Ngultrum to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 BTN to EUR is €0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ngultrum to Euro exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.