Convert Bhutanese Ngultrum to Euro
Please provide values below to convert Bhutanese Ngultrum [BTN] to Euro [EUR], or Convert Euro to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Euro
1 BTN = 101.305851999531 EUR
Example: convert 15 BTN to EUR:
15 BTN = 15 × 101.305851999531 EUR = 1519.58777999296 EUR
Bhutanese Ngultrum to Euro 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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.