Convert Thai Baht to Bhutanese Ngultrum
Please provide values below to convert Thai Baht [THB] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Thai Baht.
How to Convert Thai Baht to Bhutanese Ngultrum
1 THB = 0.372902232486528 BTN
Example: convert 15 THB to BTN:
15 THB = 15 × 0.372902232486528 BTN = 5.59353348729792 BTN
Thai Baht to Bhutanese Ngultrum Conversion Table
| Thai Baht | Bhutanese Ngultrum |
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Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.
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.