Convert Philippine Peso to Bhutanese Ngultrum
Please provide values below to convert Philippine Peso [PHP] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Philippine Peso.
How to Convert Philippine Peso to Bhutanese Ngultrum
1 PHP = 0.65918028327169 BTN
Example: convert 15 PHP to BTN:
15 PHP = 15 × 0.65918028327169 BTN = 9.88770424907534 BTN
Philippine Peso to Bhutanese Ngultrum Conversion Table
| Philippine Peso | Bhutanese Ngultrum |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets 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.