Convert Bhutanese Ngultrum to Philippine Peso
Please provide values below to convert Bhutanese Ngultrum [BTN] to Philippine Peso [PHP], or Convert Philippine Peso to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Philippine Peso
1 BTN = 1.51703566592849 PHP
Example: convert 15 BTN to PHP:
15 BTN = 15 × 1.51703566592849 PHP = 22.7555349889274 PHP
Bhutanese Ngultrum to Philippine Peso Conversion Table
| Bhutanese Ngultrum | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.