Bhutanese Ngultrum · BTN
Nu. symbol · 1 country currently using this currency.
Currency info
Adopted: 1974
Currency family: Rupee
The Bhutanese Ngultrum is one of the few currencies in the world that maintains a fixed parity with another nation's currency, remaining equal to the Indian Rupee.
- Introduced in 1974 when Bhutan gained monetary independence from India
- Replaced the Indian Rupee as the official currency of Bhutan
- Pegged to the Indian Rupee at par value since its inception
- Named after the Bhutanese word 'ngultrum' meaning 'silver coin'
- Managed by the Royal Monetary Authority of Bhutan established in 1982
