Convert Canadian Dollar to Bhutanese Ngultrum
Please provide values below to convert Canadian Dollar [CAD] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Canadian Dollar.
How to Convert Canadian Dollar to Bhutanese Ngultrum
1 CAD = 0.0157726880712173 BTN
Example: convert 15 CAD to BTN:
15 CAD = 15 × 0.0157726880712173 BTN = 0.23659032106826 BTN
Canadian Dollar to Bhutanese Ngultrum Conversion Table
| Canadian Dollar | Bhutanese Ngultrum |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.