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 0.95||CAD 4.75||CAD 9.51||CAD 95.05||CAD 950.54|
|Ireland||EUR 0.64||EUR 3.22||EUR 6.45||EUR 64.48||EUR 644.78|
|New Zealand||NZD 1.09||NZD 5.44||NZD 10.87||NZD 108.72||NZD 1,087.25|
|South Africa||ZAR 11.15||ZAR 55.73||ZAR 111.46||ZAR 1,114.59||ZAR 11,145.95|
|United Kingdom||GBP 0.51||GBP 2.54||GBP 5.09||GBP 50.87||GBP 508.66|
|United States of America||USD 0.73||USD 3.67||USD 7.34||USD 73.38||USD 733.78|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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