The ngultrum (BTN) is the currency of Bhutan, subdivided into 100 chertrums. In Dzongkha, it is written as དངུལ་ཀྲམ. Dzongkha is a Sino-Tibetan language from Bhutan. ...
It is equal in value to the Indian Rupee. As of January 7, 2005, there are 43.8400 Ngultrums to the US dollar or 57.2443 to the Euro. Rs. ...
January 7 is the seventh day of the year in the Gregorian calendar. ...
2005 (MMV) is a common year starting on Saturday of the Gregorian calendar. ...
USD redirects here. ...
The euro (â¬; ISO 4217 code EUR) is the currency of twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain, collectively known as the Eurozone. ...
India was key in assisting the Bhutanese government as it developed its economy in the early sixties. When the Ngultrum was introduced in 1974 the Bhutanese pegged it with the Indian Rupee. It does not exchange independently with other nations, but is exchanged interchangeably with the Indian Rupee. The 1960s in its most obvious sense refers to the decade between 1960 and 1969, but the expression has taken on a wider meaning over the past twenty years. ...
1974 is a common year starting on Tuesday (click on link for calendar). ...
Before the introduction of the Ngultrum Bhutan didn't have a currency. The people bartered for goods that they couldn't produce themselves. Barter is a form of trade where goods or services are exchanged for a certain amount of other goods or services, i. ...
Coins in circulation word coinage CoÃn (a town in Malaga province in Spain) 1Â¢ euro coin A coin is usually a piece of hard material, generally metal and usually in the shape of a disc, which is issued by a government to be used as a form of money. ...
- 5 Chertrum
- 10 Chertrum
- 20 Chertrum
- 25 Chertrum
- 50 Chertrum
- 1 Ngultrum
Banknotes in circulation A Â£20 Ulster Bank banknote. ...
- 5 Ngultrum
- 10 Ngultrum
- 20 Ngultrum
- 50 Ngultrum
- 100 Ngultrum
- 500 Ngultrum
For further research:
- Royal monetary authority. Specimen, with description of motives
- Banknotes.com current, and earlier
- Analysis of Pegged Exchange Rate Between Bhutan and India
|Currencies of Asia and the Pacific |
|Central ||Afghan afghani | Kazakhstani tenge | Kyrgyzstani som | Mongolian tugrug | Russian ruble | Tajikistani somoni | Turkmenistani manat | Uzbekistani som |
|East ||Chinese renminbi | Hong Kong dollar | Japanese yen | Macanese pataca | North Korean won | South Korean won | New Taiwan dollar |
|South-East ||Brunei dollar | Cambodian riel | Indonesian rupiah | Lao kip | Malaysian ringgit | Myanmar kyat | Philippine peso | Singapore dollar | Thai baht | US Dollar (East Timor) | Vietnamese dong |
|South ||Bangladeshi taka | Bhutanese ngultrum | Indian rupee | Maldivian rufiyaa | Nepalese rupee | Pakistani rupee | Sri Lankan rupee |
|West ||Armenian dram | Azeri manat | Bahraini dinar | Egyptian pound | Georgian lari | Iranian rial | Iraqi dinar | New Israeli sheqel | Jordanian dinar | Kuwaiti dinar | Lebanese pound | Omani rial | Qatari riyal | Saudi riyal | Syrian pound | New Turkish lira | UAE dirham | Yemeni rial |
|Pacific ||Australian dollar (Kiribati, Nauru, Norfolk Island, Tuvalu) | CFP franc (French Polynesia, New Caledonia, Wallis and Futuna) | Fijian dollar | New Zealand dollar (Cook Islands, Niue, Tokelau, Pitcairn Islands) | Papua New Guinean kina | Samoan tala | Solomon Islands dollar | Tongan pa'anga | US dollar (American Samoa, Guam, Hawaii, Marshall Islands, Federated States of Micronesia, Northern Mariana Islands, Palau) | Vanuatu vatu |