Convert Bulgarian Lev to Bhutanese Ngultrum
Please provide values below to convert Bulgarian Lev [BGN] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Bulgarian Lev.
How to Convert Bulgarian Lev to Bhutanese Ngultrum
1 BGN = 0.0193046125706877 BTN
Example: convert 15 BGN to BTN:
15 BGN = 15 × 0.0193046125706877 BTN = 0.289569188560315 BTN
Bulgarian Lev to Bhutanese Ngultrum Conversion Table
| Bulgarian Lev | Bhutanese Ngultrum |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.