The local currency is the Ngultrumbut subdivided into 100 Chetrums. The currency is pegged to the Indian rupee on scale of 1:1. The Ngultrumbut was only introduced in 1974 before which the country had no currency, relying on a system of bartering to acquire goods. US Dollars and Travellers Cheques can be exchanged at banks and large hotels. Visa and Mastercard are not widely accepted.
Currency Exchange Rates
|AUD 1||AUD 5||AUD 10||AUD 100||AUD 1,000|
|Australia||AUD 1.00||AUD 5.00||AUD 10.00||AUD 100.00||AUD 1,000.00|
|Canada||CAD 0.98||CAD 4.92||CAD 9.85||CAD 98.47||CAD 984.73|
|Ireland||EUR 0.68||EUR 3.42||EUR 6.83||EUR 68.30||EUR 683.01|
|New Zealand||NZD 1.04||NZD 5.20||NZD 10.39||NZD 103.91||NZD 1,039.10|
|South Africa||ZAR 10.87||ZAR 54.36||ZAR 108.72||ZAR 1,087.16||ZAR 10,871.55|
|United Kingdom||GBP 0.57||GBP 2.86||GBP 5.72||GBP 57.18||GBP 571.82|
|United States of America||USD 0.76||USD 3.82||USD 7.64||USD 76.37||USD 763.65|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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