BTN to PHP Exchange Rate - Convert Bhutan Ngultrum to Philippine Peso

Converting from Bhutan Ngultrum (BTN) to Philippine Peso (PHP)

What is Bhutan Ngultrum (BTN)

The Bhutan Ngultrum (BTN) is the official currency of Bhutan, a small landlocked country situated in the Eastern Himalayas. The Ngultrum was introduced in 1974 to replace the Indian rupee, which was previously used alongside the Ngultrum. The currency is abbreviated as BTN and is often symbolized by Nu. As Bhutan's economy has grown, the Ngultrum has become an essential element of its financial system.

One BTN is subdivided into 100 chhertum. The exchange rate of the Ngultrum is closely tied to the Indian rupee, as Bhutan maintains a fixed exchange rate with it. This connection stabilizes the value of the BTN against major currencies, including the Philippine Peso. The currency is issued by the Royal Monetary Authority of Bhutan, which monitors and regulates its value to maintain economic stability.

What is Philippine Peso (PHP)

The Philippine Peso (PHP) is the official currency of the Philippines, a vibrant archipelago in Southeast Asia. The currency has a rich history, with its origins dating back to the Spanish colonial era. The current symbol for the Philippine Peso is ₱, and it is abbreviated as PHP. The peso has undergone several changes and reforms over the years, leading to the present form, which is used as a means of daily transactions and commerce in the Philippines.

One Philippine Peso is divided into 100 centavos. The Bangko Sentral ng Pilipinas (BSP) is the central monetary authority that issues and regulates the Philippine Peso. The peso's value is influenced by various factors, including inflation rates, interest rates, and the country's economic conditions.

Converting BTN to PHP

When converting Bhutan Ngultrum to Philippine Peso, it is crucial to consider the current exchange rate. This rate fluctuates based on the economic principles of supply and demand, as well as geopolitical factors affecting both countries. As of October 2023, the exchange rate can be found on various financial platforms or currency exchange websites.

To perform the conversion, you can use the formula:

Amount in PHP = Amount in BTN × Current exchange rate (BTN to PHP)

For example, if you have 1,000 BTN and the current exchange rate is 0.70 PHP for 1 BTN, the conversion would be:

Amount in PHP = 1000 × 0.70 = 700 PHP

In conclusion, understanding how to convert Bhutan Ngultrum to Philippine Peso is essential for travelers, businesses, or individuals involved in cross-border transactions. Always check for the most recent exchange rates to ensure accurate conversions.

Bhutan Ngultrum to Philippine Peso conversion table

BTN to PHP conversion table

Bhutan Ngultrum (BTN)Philippine Peso (PHP)
1 BTN0.65733263116 PHP
2 BTN1.31466526231 PHP
3 BTN1.97199789347 PHP
4 BTN2.62933052462 PHP
5 BTN3.28666315578 PHP
6 BTN3.94399578693 PHP
7 BTN4.60132841809 PHP
8 BTN5.25866104924 PHP
9 BTN5.9159936804 PHP
10 BTN6.57332631155 PHP
100 BTN65.73326311553 PHP
200 BTN131.46652623106 PHP
300 BTN197.19978934659 PHP
400 BTN262.93305246212 PHP
500 BTN328.66631557765 PHP
600 BTN394.39957869318 PHP
700 BTN460.13284180871 PHP
800 BTN525.86610492425 PHP
900 BTN591.59936803978 PHP
1 000 BTN657.33263115531 PHP
2 000 BTN1 314.66526231061 PHP
5 000 BTN3 286.66315577653 PHP
10 000 BTN6 573.32631155307 PHP
20 000 BTN13 146.65262310614 PHP
50 000 BTN32 866.63155776534 PHP
100 000 BTN65 733.26311553068 PHP
Last updated May 2, 2025 at 12:00 AM