Convert Bhutanese Ngultrum to Gibraltar Pound
Please provide values below to convert Bhutanese Ngultrum [BTN] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Gibraltar Pound
1 BTN = 116.687153856545 GIP
Example: convert 15 BTN to GIP:
15 BTN = 15 × 116.687153856545 GIP = 1750.30730784817 GIP
Bhutanese Ngultrum to Gibraltar Pound Conversion Table
| Bhutanese Ngultrum | Gibraltar Pound |
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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.
Gibraltar Pound
The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling and used alongside it locally.
History/Origin
Introduced in 1934, the Gibraltar Pound replaced the Gibraltar Pound issued during the British colonial period. It has maintained a fixed exchange rate with the British Pound since its inception, with coins and banknotes issued specifically for Gibraltar.
Current Use
The Gibraltar Pound is widely used in Gibraltar for everyday transactions, alongside the British Pound Sterling. It is accepted locally and is also used in some border areas of Spain, with coins and banknotes issued by the Government of Gibraltar.