Convert Swiss Franc to Bhutanese Ngultrum
Please provide values below to convert Swiss Franc [CHF] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Swiss Franc.
How to Convert Swiss Franc to Bhutanese Ngultrum
1 CHF = 0.00920198880573258 BTN
Example: convert 15 CHF to BTN:
15 CHF = 15 × 0.00920198880573258 BTN = 0.138029832085989 BTN
Swiss Franc to Bhutanese Ngultrum Conversion Table
| Swiss Franc | Bhutanese Ngultrum |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.