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 1.01||CAD 5.05||CAD 10.10||CAD 101.03||CAD 1,010.26|
|Ireland||EUR 0.67||EUR 3.33||EUR 6.67||EUR 66.69||EUR 666.92|
|New Zealand||NZD 1.06||NZD 5.32||NZD 10.64||NZD 106.42||NZD 1,064.19|
|South Africa||ZAR 9.66||ZAR 48.28||ZAR 96.56||ZAR 965.62||ZAR 9,656.21|
|United Kingdom||GBP 0.58||GBP 2.88||GBP 5.77||GBP 57.68||GBP 576.81|
|United States of America||USD 0.75||USD 3.75||USD 7.49||USD 74.90||USD 749.01|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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