Convert Peruvian Nuevo Sol to Bhutanese Ngultrum
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Bhutanese Ngultrum
1 PEN = 0.0411849485144733 BTN
Example: convert 15 PEN to BTN:
15 PEN = 15 × 0.0411849485144733 BTN = 0.617774227717099 BTN
Peruvian Nuevo Sol to Bhutanese Ngultrum Conversion Table
| Peruvian Nuevo Sol | Bhutanese Ngultrum |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.