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 0.99||CAD 4.93||CAD 9.87||CAD 98.66||CAD 986.61|
|Ireland||EUR 0.68||EUR 3.42||EUR 6.85||EUR 68.47||EUR 684.74|
|New Zealand||NZD 1.04||NZD 5.18||NZD 10.37||NZD 103.65||NZD 1,036.53|
|South Africa||ZAR 11.02||ZAR 55.10||ZAR 110.21||ZAR 1,102.08||ZAR 11,020.80|
|United Kingdom||GBP 0.58||GBP 2.92||GBP 5.84||GBP 58.42||GBP 584.22|
|United States of America||USD 0.76||USD 3.78||USD 7.56||USD 75.64||USD 756.37|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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