Bhutanese Ngultrum

Bhutanese Ngultrum

The ngultrum (Dzongkha: དངུལ་ཀྲམ [ŋýˈʈúm], symbol: Nu., code: BTN) is the currency of the Kingdom of Bhutan. It is subdivided into 100 chhertum (Dzongkha: ཕྱེད་ཏམ [pt͡ɕʰɛ́ˈtám], spelled as chetrums on coins until 1979). The Royal Monetary Authority of Bhutan is the minting authority of the Ngultrum banknotes and coins. The Ngultrum is currently pegged to the Indian rupee at parity.

Hong Kong Dollar

Hong Kong Dollar

The Hong Kong dollar (Chinese: 港幣; Cantonese Yale: Góng bàih; sign: HK$; code: HKD) is the official currency of Hong Kong. It is subdivided into 100 cents. The Hong Kong Monetary Authority is the governmental currency board and also the de facto central bank for Hong Kong and the Hong Kong dollar. Under the licence from the Hong Kong Monetary Authority, three commercial banks are licensed to issue their own banknotes for general circulation in Hong Kong. The three commercial banks, HSBC, Bank of China and Standard Chartered issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$500 and HK$1000, with all designs being similar to the other in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. As of April 2016, the Hong Kong dollar is the thirteenth most traded currency in the world. Apart from its use in Hong Kong, the Hong Kong dollar is also used in neighbouring Macau, where the Hong Kong dollar circulates alongside the Macau pataca.

9 Bhutanese Ngultrum to Hong Kong Dollar exchange rates chart

9 BTN to HKD exchange rates graph
9 BTN to HKD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

9 BTN to HKD exchange rates table

Exchange BTN to HKD
9 Bhutanese Ngultrum = 0.995 Hong Kong Dollar
18 Bhutanese Ngultrum = 1.991 Hong Kong Dollar
45 Bhutanese Ngultrum = 4.977 Hong Kong Dollar
90 Bhutanese Ngultrum = 9.953 Hong Kong Dollar
Exchange Bhutanese Ngultrum to Hong Kong Dollar
9 Bhutanese Ngultrum to Hong Kong Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

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9 BTN to HKD currency converter