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 0.97||CAD 4.87||CAD 9.73||CAD 97.31||CAD 973.06|
|Ireland||EUR 0.70||EUR 3.48||EUR 6.95||EUR 69.53||EUR 695.30|
|New Zealand||NZD 1.05||NZD 5.25||NZD 10.51||NZD 105.08||NZD 1,050.78|
|South Africa||ZAR 10.07||ZAR 50.34||ZAR 100.67||ZAR 1,006.74||ZAR 10,067.42|
|United Kingdom||GBP 0.61||GBP 3.03||GBP 6.06||GBP 60.55||GBP 605.51|
|United States of America||USD 0.74||USD 3.68||USD 7.36||USD 73.60||USD 736.00|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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