What is the currency of Bhutan?

The currency of Bhutan is the Bhutanese ngultrum.

The ngultrum was introduced in 1974 during Bhutan’s monetary reforms. It is divided into 100 chhertum, although the subdivision is rarely encountered in everyday transactions. The Royal Monetary Authority of Bhutan issues the country’s banknotes and coins.

A common mix-up is the Indian rupee. Bhutan’s ngultrum is pegged to the Indian rupee at parity, and Indian rupee notes are also widely accepted in Bhutan. That relationship does not make the rupee Bhutan’s official national currency. The ngultrum’s name combines the Dzongkha word ngul, meaning “silver,” with trum, meaning “money.”

Bhutanese currency often features national symbols, Buddhist imagery, dzongs, and royal figures. Its international currency code is BTN, while banknotes commonly use the symbol Nu.