Convert Bitcoin to Bhutanese Ngultrum
Please provide values below to convert Bitcoin [BTC] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Bitcoin.
How to Convert Bitcoin to Bhutanese Ngultrum
1 BTC = 9.78185538974004e-08 BTN
Example: convert 15 BTC to BTN:
15 BTC = 15 × 9.78185538974004e-08 BTN = 1.46727830846101e-06 BTN
Bitcoin to Bhutanese Ngultrum Conversion Table
| Bitcoin | Bhutanese Ngultrum |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.