Bhutanese ngultrum (BTN)

The Bhutanese ngultrum, coded as BTN and symbolized as Nu., is the legal tender of the Kingdom of Bhutan. Introduced in 1974 to replace the Bhutanese rupee at par, it is subdivided into 100 chhertum. The ngultrum maintains a fixed 1 to 1 currency peg with the Indian rupee, which also circulates alongside the ngultrum as legal tender within the nation under a bilateral monetary arrangement.