Currency.Wiki

1 Ngultrum to British Pound Sterling

Updated 7 minutes ago
Convert 1 BTN:GBP
 BTN =
    GBP
 Ngultrum =  British Pounds Sterling
Trending: Nu. exchange rates for the last 24 hours
  • BTN/USD 0.012064 0.00001839
  • BTN/EUR 0.011075 -0.00010390
  • BTN/JPY 1.878133 0.06794004
  • BTN/GBP 0.009526 -0.00004360
  • BTN/CHF 0.011002 0.00036593
  • BTN/MXN 0.200374 -0.00498275
  • BTN/INR 1.004975 0.00490375
  • BTN/BRL 0.061584 0.00186225
  • BTN/CNY 0.087144 0.00043400

BTN/GBP exchange rate analysis over the past 90 days

Ngultrum to British Pound Sterling exchange rate: Over the last 90 days, the Ngultrum weakened by -0.46% against the British Pound Sterling, declining from £0.0096 to £0.0095 per Ngultrum. This trend reflects the evolving economic dynamics between the Bhutan and the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Bhutan and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Bhutan and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Bhutan or United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Bhutan relative to the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.

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

btn/gbp 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.

£
British Pound Sterling Currency

Country: United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey

Symbol: £

ISO Code: GBP

Bank: Bank of England

Interesting fact about British Pound Sterling

The British Pound Sterling (GBP) is the currency of the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, and Guernsey. With a long history dating back to the 8th century, it has played a significant role in global trade and the UK's economy. As one of the world's major currencies, the GBP remains an important symbol of economic strength and stability in these regions.

Quick Conversion Guide

Frequently Asked Questions

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The Ngultrum to British Pound Sterling 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 GBP is £0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ngultrum to British Pound Sterling 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.