Currency.Wiki

1 Canadian Dollar to Ngultrum

Updated 21 minutes ago
Convert 1 CAD:BTN
 CAD =
    BTN
 Canadian Dollar =  Ngultrums
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.731063 -0.01021906
  • CAD/EUR 0.679345 -0.00976447
  • CAD/JPY 112.447738 2.86955732
  • CAD/GBP 0.582592 -0.00557810
  • CAD/CHF 0.662160 0.01755255
  • CAD/MXN 12.398570 -0.23517535
  • CAD/INR 61.020011 -0.55878097
  • CAD/BRL 3.729657 0.05008018
  • CAD/CNY 5.175854 -0.09332822

CAD/BTN exchange rate analysis over the past 90 days

Canadian Dollar to Ngultrum exchange rate: Over the last 90 days, the Canadian Dollar weakened by -1.15% against the Ngultrum, declining from Nu.61.6068 to Nu.60.9083 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Bhutan. Factors contributing to this weakening may include:

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

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

cad/btn Historical Chart

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

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.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to Ngultrum 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 CAD to BTN is Nu.60.91.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Ngultrum 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.