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Currency.Wiki
Updated 3 minutes ago
 BTN =
    BSD
 Ngultrum =  Bahamian Dollars
Trending: Nu. exchange rates for the last 24 hours
  • BTN/USD 0.011477 -0.00034208
  • BTN/EUR 0.011062 0.00004842
  • BTN/JPY 1.774107 -0.04976046
  • BTN/GBP 0.009195 0.00002018
  • BTN/CHF 0.010393 0.00004293
  • BTN/MXN 0.234571 -0.00383568
  • BTN/INR 0.999357 0.00358921
  • BTN/BRL 0.066153 -0.00094941
  • BTN/CNY 0.082464 -0.00237163

BTN/BSD exchange rate analysis over the past 90 days

Ngultrum to Bahamian Dollar exchange rate: Over the last 90 days, the Ngultrum weakened by -2.98% against the Bahamian Dollar, declining from B$0.0118 to B$0.0115 per Ngultrum. This trend reflects the evolving economic dynamics between the Bhutan and the Bahamas. Factors contributing to this weakening may include:

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

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

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.

B$

Bahamian Dollar Currency

Country: Bahamas

Symbol: B$

ISO Code: BSD

Bank: The Central Bank of The Bahamas

Interesting fact about Bahamian Dollar

The Bahamian Dollar (BSD) is the currency of the Bahamas. It has been the official currency since 1966, replacing the British pound. The BSD is pegged to the US dollar at a fixed exchange rate of 1:1, which means that the two currencies are interchangeable in the Bahamas. The BSD plays a crucial role in the Bahamian economy, facilitating trade and serving as a medium of exchange for daily transactions.

Quick Conversion Guide

Frequently Asked Questions

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The Ngultrum to Bahamian 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 BSD is B$0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ngultrum to Bahamian 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.