Convert Iranian Rial to Bhutanese Ngultrum
Please provide values below to convert Iranian Rial [IRR] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Iranian Rial.
How to Convert Iranian Rial to Bhutanese Ngultrum
1 IRR = 491.270713735841 BTN
Example: convert 15 IRR to BTN:
15 IRR = 15 × 491.270713735841 BTN = 7369.06070603761 BTN
Iranian Rial to Bhutanese Ngultrum Conversion Table
| Iranian Rial | Bhutanese Ngultrum |
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Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.
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.