Convert Indian Rupee to Bhutanese Ngultrum
Please provide values below to convert Indian Rupee [INR] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Indian Rupee.
How to Convert Indian Rupee to Bhutanese Ngultrum
1 INR = 1.00004398988233 BTN
Example: convert 15 INR to BTN:
15 INR = 15 × 1.00004398988233 BTN = 15.0006598482349 BTN
Indian Rupee to Bhutanese Ngultrum Conversion Table
| Indian Rupee | Bhutanese Ngultrum |
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Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.
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.