Convert Bhutanese Ngultrum to Macedonian Denar
Please provide values below to convert Bhutanese Ngultrum [BTN] to Macedonian Denar [MKD], or Convert Macedonian Denar to Bhutanese Ngultrum.
How to Convert Bhutanese Ngultrum to Macedonian Denar
1 BTN = 1.63463321588471 MKD
Example: convert 15 BTN to MKD:
15 BTN = 15 × 1.63463321588471 MKD = 24.5194982382706 MKD
Bhutanese Ngultrum to Macedonian Denar Conversion Table
| Bhutanese Ngultrum | Macedonian Denar |
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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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.