Convert British Pound Sterling to Bhutanese Ngultrum
Please provide values below to convert British Pound Sterling [GBP] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to British Pound Sterling.
How to Convert British Pound Sterling to Bhutanese Ngultrum
1 GBP = 0.0085687660259193 BTN
Example: convert 15 GBP to BTN:
15 GBP = 15 × 0.0085687660259193 BTN = 0.12853149038879 BTN
British Pound Sterling to Bhutanese Ngultrum Conversion Table
| British Pound Sterling | Bhutanese Ngultrum |
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also 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.