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Bhutan Currency

Money

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


A$ 1 A$ 5 A$ 10 A$ 100 A$ 1,000
Australia A$ 1.00 A$ 5.00 A$ 10.00 A$ 100.00 A$ 1,000.00
Canada C$ 1.05 C$ 5.26 C$ 10.52 C$ 105.18 C$ 1,051.80
Ireland € 0.81 € 4.07 € 8.14 € 81.37 € 813.70
New Zealand NZ$ 1.30 NZ$ 6.49 NZ$ 12.98 NZ$ 129.81 NZ$ 1,298.15
South Africa R 8.71 R 43.55 R 87.10 R 870.96 R 8,709.58
United Kingdom £ 0.67 £ 3.36 £ 6.73 £ 67.28 £ 672.81
United States of America US$ 1.03 US$ 5.15 US$ 10.30 US$ 102.99 US$ 1,029.87

Note: These currency exchange rates are not updated daily and should be used as a guideline only.

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