Convert Bhutanese Ngultrum to Ethiopian Birr
Please provide values below to convert Bhutanese Ngultrum [BTN] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Ethiopian Birr
1 BTN = 0.632210701038956 ETB
Example: convert 15 BTN to ETB:
15 BTN = 15 × 0.632210701038956 ETB = 9.48316051558434 ETB
Bhutanese Ngultrum to Ethiopian Birr Conversion Table
| Bhutanese Ngultrum | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.