Convert Bhutanese Ngultrum to Ugandan Shilling
Please provide values below to convert Bhutanese Ngultrum [BTN] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Ugandan Shilling
1 BTN = 0.0242223762954927 UGX
Example: convert 15 BTN to UGX:
15 BTN = 15 × 0.0242223762954927 UGX = 0.363335644432391 UGX
Bhutanese Ngultrum to Ugandan Shilling Conversion Table
Bhutanese Ngultrum | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.