Bhutanese Ngultrum (BTN)
a.k.a. BTN, Ngultrum
The currency of Bhutan, code BTN, pegged one-to-one with the Indian rupee.
In plain English
The currency of Bhutan, code BTN, pegged one-to-one with the Indian rupee.
The Bhutanese ngultrum (BTN) is fixed at par with the Indian rupee, which also circulates in Bhutan. India is by far its biggest trading partner.
Through the peg, the ngultrum simply moves wherever the rupee moves against other currencies.
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