Convert Bhutanese Ngultrum to Swiss Franc
Please provide values below to convert Bhutanese Ngultrum [BTN] to Swiss Franc [CHF], or Convert Swiss Franc to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Swiss Franc
1 BTN = 108.672160020128 CHF
Example: convert 15 BTN to CHF:
15 BTN = 15 × 108.672160020128 CHF = 1630.08240030192 CHF
Bhutanese Ngultrum to Swiss Franc Conversion Table
Bhutanese Ngultrum | Swiss Franc |
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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.
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.