Convert Bhutanese Ngultrum to Peruvian Nuevo Sol
Please provide values below to convert Bhutanese Ngultrum [BTN] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Peruvian Nuevo Sol
1 BTN = 24.2807150687242 PEN
Example: convert 15 BTN to PEN:
15 BTN = 15 × 24.2807150687242 PEN = 364.210726030863 PEN
Bhutanese Ngultrum to Peruvian Nuevo Sol Conversion Table
Bhutanese Ngultrum | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.