Convert Bhutanese Ngultrum to Australian Dollar
Please provide values below to convert Bhutanese Ngultrum [BTN] to Australian Dollar [AUD], or Convert Australian Dollar to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Australian Dollar
1 BTN = 56.4893408318075 AUD
Example: convert 15 BTN to AUD:
15 BTN = 15 × 56.4893408318075 AUD = 847.340112477112 AUD
Bhutanese Ngultrum to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.