Bhutanese ngultrum

Ngultrum
 (Dzongkha)
ISO 4217
CodeBTN (numeric: 064)
Subunit0.01
Unit
SymbolNu.
Denominations
Subunit
1100chhertum
Symbol
 chhertumCh.
BanknotesNu.1, Nu.5, Nu.10, Nu.20, Nu.50, Nu.100, Nu.500, Nu.1000[1][2]
Coins
 Rarely usedCh.5, Ch.10, Ch.25, Ch.50, Nu.1, Nu.3
Demographics
Date of introduction1974
User(s) Bhutan (alongside Indian rupee)
Issuance
Monetary authorityRoyal Monetary Authority of Bhutan
 Websitewww.rma.org.bt
Valuation
Inflation5.2%
 SourceRoyal Monetary Authority of Bhutan, 2015 est.
Pegged withIndia Indian rupee (at par)

The ngultrum (/əŋˈɡʊltrəm/ əng-GUUL-trəm or /əŋˈɡ(l)trəm/ əng-GOO(L)-trəm; Dzongkha: དངུལ་ཀྲམ, IPA: [ŋýˈʈúm], lit.'silver coin'; symbol: Nu., code: BTN) is the currency of the Kingdom of Bhutan. It is subdivided into 100 chhertum (Dzongkha: ཕྱེད་ཏམ, IPA: [pt͡ɕʰɛ́ˈtám], lit.'half [coin]'; spelled as chetrums on coins until 1979). The Royal Monetary Authority of Bhutan, the central bank of Bhutan, is the minting authority of the ngultrum banknotes and coins. The ngultrum is currently pegged to the Indian rupee at parity.

  1. ^ "BanknoteNews – Breaking news about world paper money. Powered by the Banknote Book". banknotenews.com. Archived from the original on 2016-01-25. Retrieved 2008-11-13.
  2. ^ Bhutan issues new 50- and 1,000-ngultrum notes Archived 2016-03-05 at the Wayback Machine BanknoteNews.com. Retrieved 2011-10-15.