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Currency & Exchange

Currency of Bhutan: Bhutanese ngultrum

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Bhutanese ngultrum · BTN · Multi Currency

Bhutanese ngultrum
ISO BTN · BHUTAN
Nu.
Nu.
Bhutanese ngultrum
ISO codeBTN
SymbolNu.
Monetary authorityRoyal Monetary Authority of Bhutan
BTN
ISO 4217 code
Currency identifier
2
Currencies with an official role
Multi Currency
Nu.
Currency symbol
Use the ISO code when a symbol is ambiguous
Pegged
Exchange-rate context
Formal monetary link
CurrencyBhutanese Ngultrum
ISO codeBTN
Largest noteNu.1,000
Largest coinNu.1
Current note seriesNew Generation 2025-2026 with earlier legal-tender issues

Who Issues Bhutanese ngultrum in Bhutan

Bhutan uses the Bhutanese ngultrum (BTN) as its national currency. The Royal Monetary Authority of Bhutan manages the currency, while the ngultrum is maintained at par with the Indian rupee. Current RMA rules require domestic payments within Bhutan to be made in ngultrum, with INR specifically used for trade with India.

The ngultrum is Bhutan's national currency and the Royal Monetary Authority of Bhutan has the sole right to issue its notes and coins. Its exchange-rate arrangement is linked at par to the Indian rupee, but that link does not make INR a second domestic legal-tender currency.

Currency architectureNational
Primary currencyBhutanese ngultrum (BTN)
Monetary authorityRoyal Monetary Authority of Bhutan
ModifiersPegged

In practical currency use for Bhutan, Royal Monetary Authority of Bhutan manages the monetary framework for the Bhutanese ngultrum in Bhutan. BTN is therefore a nationally administered currency rather than an externally issued unit. This gives the institutional fact separate from market data.

Exchange Rate for BTN

Latest available reference rate*Loading...
Checking USD/BTN
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
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Domestic amounts in Bhutan should be read in BTN unless a transaction is explicitly a permitted foreign-exchange or cross-border payment. RMA rules require resident-to-resident payments within Bhutan to be made in ngultrum.

Banknotes and Coins

Banknotes

The Royal Monetary Authority lists ngultrum notes from Nu.1 through Nu.1,000. Nu.2 printing has ceased but earlier notes remain legal tender. New Generation polymer Nu.100, Nu.500 and Nu.1,000 notes began circulating on 1 January 2026 alongside earlier series.

Nu.1
Nu.2
Nu.5
Nu.10
Nu.20
Nu.50
Nu.100
Nu.500
Nu.1,000

Coins

RMA educational material lists circulation coins of 5, 10, 25 and 50 chhetrum plus the Nu.1 coin.

Ch.5
Ch.10
Ch.25
Ch.50
Nu.1

Frequently Asked Questions

What currency is used in Bhutan?

Bhutan uses the Bhutanese ngultrum (BTN) as its national currency. The ngultrum is pegged at par to the Indian rupee, but current RMA rules require domestic payments within Bhutan to be made in ngultrum.

Who manages the currency system in Bhutan?

Royal Monetary Authority of Bhutan is the main monetary authority identified for Bhutan.

Are the exchange rates for Bhutan real-time?

When interpreting Bhutanese ngultrum data for Bhutan, where the pair is supported, the displayed conversion comes from the latest available reference observation and is date-stamped. It is not a tick-by-tick dealing price or a promise of the rate a provider will offer. This keeps the comparison anchored to a dated observation.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

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Sources & methodology

Royal Monetary Authority of Bhutan is the principal reference used here for institutional facts about Bhutanese ngultrum in Bhutan. BTN identification follows ISO 4217, while exchange-arrangement classification is kept separate from dated market observations. This makes the reference point clear.

View sources used for this page
Exchange-rate note: the BTN converter for Bhutan requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.