About the Bhutanese Ngultrum
The Bhutanese Ngultrum was introduced in 1974, replacing the Bhutanese rupee at par. It has been pegged to the Indian Rupee at par since its introduction.
The name 'Ngultrum' is derived from the Dzongkha words 'ngul', meaning 'silver', and 'trum', meaning 'coin'.
Interesting Facts
Pegged to the Indian Rupee
The Bhutanese Ngultrum is pegged at par with the Indian Rupee, and the Indian Rupee is also legal tender in Bhutan.
Gross National Happiness
Bhutan is famous for its philosophy of Gross National Happiness, which guides its economic and development policies, indirectly influencing the currency's stability.
The Thunder Dragon
Bhutan's banknotes feature intricate designs, often including the 'Druk', or 'Thunder Dragon', a national symbol of Bhutan.
Historical Timeline
The Ngultrum is introduced.
The Royal Monetary Authority of Bhutan is established.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- BTN
- Symbol
- Nu.
- Numeric Code
- 064
- Subunit
- Chetrum (1/100)
- Introduced
- 1974-01-01
Central Bank
- Name
- Royal Monetary Authority of Bhutan
- Headquarters
- Thimphu, Bhutan
- Founded
- 1982
- Current Governor
- Dasho Penjore (since 2015)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 4.5%
- Interest Rate
- 6.89%
Exchange Rates
What Affects the BTN Exchange Rate?
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