Convert Japanese Yen to Bhutanese Ngultrum
Please provide values below to convert Japanese Yen [JPY] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Japanese Yen.
How to Convert Japanese Yen to Bhutanese Ngultrum
1 JPY = 1.69975979208992 BTN
Example: convert 15 JPY to BTN:
15 JPY = 15 × 1.69975979208992 BTN = 25.4963968813489 BTN
Japanese Yen to Bhutanese Ngultrum Conversion Table
Japanese Yen | Bhutanese Ngultrum |
---|
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies 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.