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Bhutan Currency

Bhutan utilizes its official currency, the Ngultrum, denoted by the symbol Nu, which is subdivided into 100 Chetrum (Ch). Introduced in 1974, the Ngultrum replaced the rupee on a one-to-one basis. The most recent series of Ngultrum includes denominations of 1, 5, 10, 20, 50, 100, 500, and 1000. Additionally, coins are circulated in Ch1, Ch5, Ch10, Ch25, Ch50, and Nu1. The Ngultrum holds an equivalent value to the Indian Rupee, and while the Indian Rupee is generally accepted throughout Bhutan, denominations of Rs. 500 and Rs. 100 may not be accepted.

To facilitate currency exchange, numerous banks and money exchange centers in Bhutan accommodate the conversion of local currency into Ngultrum. Exchange rates may vary periodically due to fluctuations in US dollars. While the Ngultrum isn’t independently exchangeable with other foreign currencies, it is interchangeable with the Indian Rupee. Major debit and credit cards are accepted in major cities; however, for convenience, it is recommended to carry sufficient cash and travel cheques.