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 BTN0.6577607946 PHP
2 BTN1.31552158921 PHP
3 BTN1.97328238381 PHP
4 BTN2.63104317842 PHP
5 BTN3.28880397302 PHP
6 BTN3.94656476763 PHP
7 BTN4.60432556223 PHP
8 BTN5.26208635684 PHP
9 BTN5.91984715144 PHP
10 BTN6.57760794605 PHP
100 BTN65.77607946046 PHP
200 BTN131.55215892091 PHP
300 BTN197.32823838137 PHP
400 BTN263.10431784182 PHP
500 BTN328.88039730228 PHP
600 BTN394.65647676273 PHP
700 BTN460.43255622319 PHP
800 BTN526.20863568364 PHP
900 BTN591.9847151441 PHP
1 000 BTN657.76079460455 PHP
2 000 BTN1 315.52158920911 PHP
5 000 BTN3 288.80397302276 PHP
10 000 BTN6 577.60794604553 PHP
20 000 BTN13 155.21589209105 PHP
50 000 BTN32 888.03973022763 PHP
100 000 BTN65 776.07946045525 PHP
Last updated May 2, 2025 at 12:00 AM