Convert Bhutanese Ngultrum to Bulgarian Lev
Please provide values below to convert Bhutanese Ngultrum [BTN] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Bulgarian Lev
1 BTN = 51.8010913888223 BGN
Example: convert 15 BTN to BGN:
15 BTN = 15 × 51.8010913888223 BGN = 777.016370832334 BGN
Bhutanese Ngultrum to Bulgarian Lev Conversion Table
| Bhutanese Ngultrum | Bulgarian Lev |
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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.
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.