Convert New Taiwan Dollar to Bhutanese Ngultrum
Please provide values below to convert New Taiwan Dollar [TWD] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Bhutanese Ngultrum
1 TWD = 0.339937603824804 BTN
Example: convert 15 TWD to BTN:
15 TWD = 15 × 0.339937603824804 BTN = 5.09906405737207 BTN
New Taiwan Dollar to Bhutanese Ngultrum Conversion Table
| New Taiwan Dollar | Bhutanese Ngultrum |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.