Convert United States Dollar to Bhutanese Ngultrum
Please provide values below to convert United States Dollar [USD] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to United States Dollar.
How to Convert United States Dollar to Bhutanese Ngultrum
1 USD = 0.0115762848229118 BTN
Example: convert 15 USD to BTN:
15 USD = 15 × 0.0115762848229118 BTN = 0.173644272343677 BTN
United States Dollar to Bhutanese Ngultrum Conversion Table
| United States Dollar | Bhutanese Ngultrum |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.