Currency Information on Bhutanese Ngultrum - BTN — Bhutan Ngultrum – Nu. Or Ch.
The Bhutan Ngultrum replaced the rupee in Bhutan in 1974, at a 1:1 rate. The ngultrum does not exchange independently with other nation’s currencies, but can be freely interchanged with the Indian rupee.
Ngultrums subdivide into 100 chhertum, with 5, 10, 20, 25 and 50 chhertum coins in circulation, though 5 chhertum and 10 chhertum coins are rarely used and have mainly ceased circulating.
I run a local delicatessen business in Surrey. Many of my artisan suppliers are based in Italy, Spain and France. We are always making payments to these suppliers and knowing we are getting the best rates is vitally important for us; our margins are tight and any savings are crucial for the success of our business.
Comment written by Artisan supplier based in Italy.
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