The Royal Monetary Authority of Bhutan , the central bank of Bhutan , is the minting authority of the ngultrum banknotes and coins. The ngultrum is currently pegged to the Indian rupee at parity. Get the latest 1 Indian Rupee to Bhutanese Ngultrum rate for FREE with the original Universal Currency Converter. Set rate alerts for INR to BTN and learn more about Indian Rupees and Bhutanese Ngultrums from XE - the Currency Authority. Discover Bhutanese Ngultrum, its history, significance, and tips for currency exchange. A guide to Bhutan 's unique currency system. Bhutan Currency The currency of Bhutan is called Ngultrum with currency sign Nu. It is divided into 100 smaller units called Chetrum (Ch). Ngultrum has been in existence since 1974 as an official currency after replacing the rupee at par. The latest series of Ngultrum has the denominations of 1, 5, 10, 20, 50, 100, 500 and 1000.
