Convert Cuban Peso to Bhutanese Ngultrum
Please provide values below to convert Cuban Peso [CUP] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Cuban Peso.
How to Convert Cuban Peso to Bhutanese Ngultrum
1 CUP = 0.277830835749883 BTN
Example: convert 15 CUP to BTN:
15 CUP = 15 × 0.277830835749883 BTN = 4.16746253624824 BTN
Cuban Peso to Bhutanese Ngultrum Conversion Table
| Cuban Peso | Bhutanese Ngultrum |
|---|
Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
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.