Convert Bhutanese Ngultrum to Saudi Riyal
Please provide values below to convert Bhutanese Ngultrum [BTN] to Saudi Riyal [SAR], or Convert Saudi Riyal to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Saudi Riyal
1 BTN = 23.0356 SAR
Example: convert 15 BTN to SAR:
15 BTN = 15 × 23.0356 SAR = 345.534 SAR
Bhutanese Ngultrum to Saudi Riyal Conversion Table
| Bhutanese Ngultrum | Saudi Riyal |
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Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.