Convert Bhutanese Ngultrum to Cayman Islands Dollar
Please provide values below to convert Bhutanese Ngultrum [BTN] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Cayman Islands Dollar
1 BTN = 103.664346573863 KYD
Example: convert 15 BTN to KYD:
15 BTN = 15 × 103.664346573863 KYD = 1554.96519860794 KYD
Bhutanese Ngultrum to Cayman Islands Dollar Conversion Table
| Bhutanese Ngultrum | Cayman Islands Dollar |
|---|
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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.