Convert Hong Kong Dollar to Bhutanese Ngultrum
Please provide values below to convert Hong Kong Dollar [HKD] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Bhutanese Ngultrum
1 HKD = 0.0908715206028929 BTN
Example: convert 15 HKD to BTN:
15 HKD = 15 × 0.0908715206028929 BTN = 1.36307280904339 BTN
Hong Kong Dollar to Bhutanese Ngultrum Conversion Table
| Hong Kong Dollar | Bhutanese Ngultrum |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.