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 1.03||CAD 5.14||CAD 10.29||CAD 102.88||CAD 1,028.78|
|Ireland||EUR 0.69||EUR 3.47||EUR 6.94||EUR 69.41||EUR 694.12|
|New Zealand||NZD 1.05||NZD 5.24||NZD 10.48||NZD 104.80||NZD 1,047.97|
|South Africa||ZAR 10.35||ZAR 51.76||ZAR 103.53||ZAR 1,035.25||ZAR 10,352.55|
|United Kingdom||GBP 0.62||GBP 3.09||GBP 6.18||GBP 61.78||GBP 617.82|
|United States of America||USD 0.77||USD 3.84||USD 7.68||USD 76.76||USD 767.58|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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