Convert Malaysian Ringgit to Bhutanese Ngultrum
Please provide values below to convert Malaysian Ringgit [MYR] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Bhutanese Ngultrum
1 MYR = 0.0489838915996689 BTN
Example: convert 15 MYR to BTN:
15 MYR = 15 × 0.0489838915996689 BTN = 0.734758373995034 BTN
Malaysian Ringgit to Bhutanese Ngultrum Conversion Table
| Malaysian Ringgit | Bhutanese Ngultrum |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.