Convert Bhutanese Ngultrum to Argentine Peso
Please provide values below to convert Bhutanese Ngultrum [BTN] to Argentine Peso [ARS], or Convert Argentine Peso to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Argentine Peso
1 BTN = 0.0682242510879266 ARS
Example: convert 15 BTN to ARS:
15 BTN = 15 × 0.0682242510879266 ARS = 1.0233637663189 ARS
Bhutanese Ngultrum to Argentine Peso Conversion Table
Bhutanese Ngultrum | Argentine Peso |
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.