Convert Bhutanese Ngultrum to Swedish Krona
Please provide values below to convert Bhutanese Ngultrum [BTN] to Swedish Krona [SEK], or Convert Swedish Krona to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Swedish Krona
1 BTN = 9.05079471517031 SEK
Example: convert 15 BTN to SEK:
15 BTN = 15 × 9.05079471517031 SEK = 135.761920727555 SEK
Bhutanese Ngultrum to Swedish Krona Conversion Table
| Bhutanese Ngultrum | Swedish Krona |
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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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.