Currency.Wiki

1 Ngultrum to Hong Kong Dollar

Updated 9 minutes ago
Convert 1 BTN:HKD
 BTN =
    HKD
 Ngultrum =  Hong Kong Dollars
Trending: Nu. exchange rates for the last 24 hours
  • BTN/USD 0.012002 -0.00004478
  • BTN/EUR 0.011032 -0.00013926
  • BTN/JPY 1.868463 0.05964371
  • BTN/GBP 0.009447 -0.00010617
  • BTN/CHF 0.010910 0.00029999
  • BTN/MXN 0.199342 -0.00603489
  • BTN/INR 0.999801 -0.00027893
  • BTN/BRL 0.061267 0.00141301
  • BTN/CNY 0.086695 0.00093970

BTN/HKD exchange rate analysis over the past 90 days

Ngultrum to Hong Kong Dollar exchange rate: Over the last 90 days, the Ngultrum weakened by -0.61% against the Hong Kong Dollar, declining from HK$0.0942 to HK$0.0936 per Ngultrum. This trend reflects the evolving economic dynamics between the Bhutan and the Hong Kong. Factors contributing to this weakening may include:

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

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

btn/hkd 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.

HK$
Hong Kong Dollar Currency

Country: Hong Kong

Symbol: HK$

ISO Code: HKD

Bank: Hong Kong Monetary Authority

Interesting fact about Hong Kong Dollar

The Hong Kong Dollar (HKD) is the official currency of Hong Kong. Its history dates back to 1863 when it was first introduced as a result of Hong Kong becoming a British colony. The HKD is pegged to the US Dollar and is managed by the Hong Kong Monetary Authority. It plays a crucial role in Hong Kong's economy, functioning as a widely accepted payment method and facilitating international trade.

Quick Conversion Guide

Frequently Asked Questions

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The Ngultrum to Hong Kong Dollar 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 HKD is HK$0.09.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ngultrum to Hong Kong Dollar 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.