Convert Bhutanese Ngultrum to Moroccan Dirham
Please provide values below to convert Bhutanese Ngultrum [BTN] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Moroccan Dirham
1 BTN = 9.58932317973425 MAD
Example: convert 15 BTN to MAD:
15 BTN = 15 × 9.58932317973425 MAD = 143.839847696014 MAD
Bhutanese Ngultrum to Moroccan Dirham Conversion Table
| Bhutanese Ngultrum | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.