Convert Ethiopian Birr to Bhutanese Ngultrum
Please provide values below to convert Ethiopian Birr [ETB] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Ethiopian Birr.
How to Convert Ethiopian Birr to Bhutanese Ngultrum
1 ETB = 1.58175114460516 BTN
Example: convert 15 ETB to BTN:
15 ETB = 15 × 1.58175114460516 BTN = 23.7262671690774 BTN
Ethiopian Birr to Bhutanese Ngultrum Conversion Table
| Ethiopian Birr | Bhutanese Ngultrum |
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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.
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.