Ngultrum

Information about Ngultrum

Bhutanese ngultrum
དངུལ་ཀྲམ (Dzongkha)

Obverse of Nu.50 (previous series)	1 ngultrum
Obverse of Nu.50 (previous series)	1 ngultrum

ISO 4217 Code BTN

User(s) Bhutan

Inflation 3%

Source [https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook], 2005 est.

Pegged with Indian rupee at par

Subunit

1/100 chhertum (chetrum)

Symbol Nu.

chhertum (chetrum) Ch.

Coins''

Freq. used Ch.20, Ch.25, Ch.50, Nu.1.

Rarely used Ch.5, Ch.10

Banknotes'' Nu.1, Nu.5, Nu.10, Nu.20, Nu.50, Nu.100, Nu.500

Monetary authority

Royal Monetary Authority of Bhutan

Website www.rma.org.bt

The ngultrum (ISO 4217 code BTN) has been the currency of Bhutan since 1974. It is subdivided into 100 chhertum (called chetrums on coins until 1979). In Dzongkha, it is written as དངུལ་ཀྲམ. The ngultrum replaced the rupee at par.

The ngultrum is equal in value to the Indian rupee. As of January 7, 2005, there are 43.8400 ngultrums to the US dollar or 57.2443 to the euro.

India was key in assisting the Bhutanese government as it developed its economy in the early 1960s. When the ngultrum was introduced, it retained the peg to the Indian rupee which the Bhutanese rupee had maintained. The ngultrum does not exchange independently with other nation's currencies but is interchangeable with the Indian rupee.

Coins

5 chetrums, 1974-1975 (discontinued)
5 chhetrum, 1979 (discontinued)
10 chetrums, 1974-1975 (discontinued)
10 chhetrum, 1979 (discontinued)
20 chetrums, 1974
25 chetrums, 1974-1975
25 chhetrum, 1979
50 chhetrum, 1979
1 ngultrum, 1974-1979

Bhutanes 20 chetrums, 25 chhertum, 50 chhertum and 1 ngultrum

Banknotes

Previous series [1]
Value	Dimensions	Main Colour	Description
Value	Dimensions	Main Colour	Obverse	Reverse	Watermark
Nu.5	130 × 62 mm	Orange	The Government crest, two mythical bird (Bja Tshering) (the bird of long life)	Paro Rinpung Dzong	"Royal Monetary Authority" in top and bottom margin
Nu.10	140 × 70 mm	Purple	The Governmen crest, Dungkar (conch) (one of the eight lucky signs), Jigme Singye Wangchuck	Paro Rinpung Dzong
Nu.20	152 × 70 mm	Yellow-green	The Government crest, Khorlo (Wheel of Dharma , one of the eight auspicious signs), Jigme Dorji Wangchuck	Punakha Dzong
Nu.50	155 × 70 mm	Pink		Trongsa Dzong, two mythical bird Bja Tshering (bird of long life)
Nu.100	161 × 70 mm	Green	Norbu Rimpochhe (one of the seven auspicious gems), Jigme Singye Wangchuck	Tashichho Dzong	Crossed Dorji (Dorji jardrum)
Nu.500	160 × 70 mm	Red	Norbu Rimpochhe incircled by two Dragons (one of the seven auspicious gems), Ugyen Wangchuck	Punakha Dzong	Crossed Dorji (Dorji jardrum)
For table standards, see the banknote specification table.

2006 series

Beginning from late 2006, the Monetary Authority have been issued a new series of banknotes, and includes a 1 ngultrum banknote. ^[1]

Current BTN exchange rates

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References

1. ^ [2] Accessed 2007-03-07

External links

• • [ e] Currencies of Asia
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ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO).
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Druk Gyal-Khab
Dru Gäkhap

Kingdom of Bhutan

Flag Coat of arms
Anthem
Druk tsendhen
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Inflation is measured as the growth of the money supply in an economy, without a commensurate increase in the supply of goods and services. This results in a rise in the general price level as measured against a standard level of purchasing power.
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A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as
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Indian rupee
रुपया (Hindi)

1000-rupee note Coins of various denominations
ISO 4217 Code INR
User(s) India, Bhutan

Inflation 5.
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A currency sign is a graphic symbol often used as a shorthand for a currency's name. Internationally, ISO 4217 codes are used instead of currency signs, though currency signs may be in common use in their respective countries.
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Monetary authority is a generic term in finance and economics for the entity which controls the money supply of a given currency, and has the right to set interest rates, and other parameters which control the cost and availability of money.
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The Royal Monetary Authority of Bhutan is the central bank of Bhutan.

External links

Royal Monetary Authority of Bhutan official site

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currency is a unit of exchange, facilitating the transfer of goods and/or services. It is one form of money, where money is anything that serves as a medium of exchange, a store of value, and a standard of value. A currency is the dominant medium of exchange.
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Druk Gyal-Khab
Dru Gäkhap

Kingdom of Bhutan

Flag Coat of arms
Anthem
Druk tsendhen
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Dzongkha (Jong-kă) is the national language of the Kingdom of Bhutan. The word "dzongkha" means the language (kha, jong) spoken in the dzong (jong
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The rupee was the currency of Bhutan until 1974. It was equivalent to the Indian rupee. Until 1957, it was subdivided into 64 paisa. Bhutan then followed India in decimalizing, with the rupee subdivided into 100 naya paisa.
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Indian rupee
रुपया (Hindi)

1000-rupee note Coins of various denominations
ISO 4217 Code INR
User(s) India, Bhutan

Inflation 5.
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January 7 is the 1st day of the year (2nd in leap years) in the Gregorian calendar. There are 0 days remaining.

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1325 - Alfonso IV becomes King of Portugal.

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2002 2003 2004 - 2005 - 2006 2007 2008

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United States dollar
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Currency ngultrum (BTN); Indian rupee (INR)
Fiscal year 1 July - 30 June
'''Trade organizations SAFTA
Statistics
GDP (PPP) $3.5 billion (2006 est.) (169th [https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.
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Centuries: 19th century - 20th century - 21st century

1930s 1940s 1950s - 1960s - 1970s 1980s 1990s
1960 1961 1962 1963 1964
1965 1966 1967 1968 1969

- -
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Their 1960s decade refers to the years from 1960 to 1969, inclusive.
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Jigme Singye Wangchuck
4th King of Bhutan

Reign 21/24 July 1972 - 14 December 2006
Coronation 2 June 1974
Born 11 November 1955
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Jigme Dorji Wangchuck
3rd King of Bhutan

Reign October 27, 1952–July 21, 1972
Born May 2 1928
Died 15 July/21, 1972
Nairobi, Kenya
Buried

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Jigme Singye Wangchuck
4th King of Bhutan

Reign 21/24 July 1972 - 14 December 2006
Coronation 2 June 1974
Born 11 November 1955
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Sir Ugyen Wangchuck (or Deb Nagpo) KCSI, GCIE (1861–1926) was the first king of Bhutan from 1907 to 1926. He was the penlop (governor) of Tongsa. From his power base in central Bhutan, Ugyen Wangchuck defeated his political enemies and united the country
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Asia is the world's largest and most populous continent. It covers 8.6% of the Earth's total surface area (or 29.4% of its land area) and, with almost 4 billion people, it contains more than 60% of the world's current human population.
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Afghanistani afghani
افغانی (Pashto / Persian)
ISO 4217 Code AFN
User(s) Afghanistan

Inflation 16.3%
Source [https://www.cia.
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Kazakhstani tenge
Қазақстан теңгесі (Kazakh)
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Ngultrum

Information about Ngultrum

Coins

Banknotes

2006 series

See also

References

External links

See also

External links

Events