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BTN flagBhutanese Ngultrum
(BTN) Insights

Currency of Himalayan kingdom famous for Gross National Happiness index; hydropower export to India (~40% of government revenues); limited external trade; growing tourism; close economic integration with India; unique Buddhist economic model

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Currency Snapshot

Technical specifications, central bank governance, and market standing for Bhutanese Ngultrum.

ISO Code

BTN

Standardized ISO 4217 Currency Code

Symbol

Nu

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Chetrum Decimals

Subdivision unit definition

Region

Bhutan

BTN Primary AreaGlobal Trade
Central Bank

Royal Monetary Authority of Bhutan (RMA)

Royal Monetary Authority of Bhutan (RMA)

Pegged Currency

Indian Rupee (INR)

Market-determined exchange rate mechanism

Currency Standard: Fiat (INR-pegged)

Classified as Fiat (INR-pegged) in global trade networks

Banknotes

Nu 1

Coins

Nu 0.25

Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the Bhutanese Ngultrum, highlighting cross-border utilization and primary trading corridors.

Fiat (INR-pegged)
Classification
USD/BTN (via INR peg)
Top Pair Mapping
Bhutan; Indian rupee used alongside at par
Main Adoption Regions
BTN Network Node
Live Telemetry
Governing AuthorityRoyal Monetary Authority of Bhutan (RMA)
Primary Peg / RegimeIndian Rupee (INR)
ISO Standard CodeBTN (4217)
Settlement Status Operational

Institutional routing verified

Live Rates

BTN Market Insights

Deep-dive analysis of the Bhutanese Ngultrum's global impact, remittance role, and institutional influence.

Strong Currency Impact

N/A (INR-pegged); mirrors India's monetary conditions

Institutional Analysis

Weak Currency Impact

N/A (INR-pegged); hydropower revenues provide stable FX income

Institutional Analysis

Remittance Role

Bhutan sends workers to India; modest remittances from diaspora abroad; hydropower revenues are primary income

Institutional Analysis

Central Bank Tools

Reserve Ratio, FX Reserves, Development banking

Institutional Analysis

Common Questions About Bhutanese Ngultrum

Everything you need to know about BTN exchange rates, banknotes, and historical significance.

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