bhutanese monetary unit Synonyms
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bhutanese monetary unit Meaning
Wordnet
bhutanese monetary unit (n)
monetary unit in Bhutan
bhutanese monetary unit Sentence Examples
- The Bhutanese monetary unit, the ngultrum, is pegged to the Indian rupee at a rate of 1 ngultrum to 1 rupee.
- Bhutan introduced the ngultrum as its official currency in 1974, replacing the Indian rupee.
- The highest denomination of the Bhutanese ngultrum is 1,000 ngultrum notes.
- The Bhutanese ngultrum is a stable currency, and its value has remained relatively steady against the Indian rupee.
- The Bhutanese government uses the ngultrum to promote economic growth and stability in the country.
- Tourists visiting Bhutan are advised to exchange their currency into ngultrum before entering the country.
- The Bhutanese ngultrum is used for all financial transactions, including buying goods and services, paying taxes, and making investments.
- The Bhutanese government has taken steps to modernize the ngultrum, including introducing new security features and issuing polymer notes.
- The Bhutanese ngultrum is a symbol of the country's sovereignty and economic independence.
- The value of the Bhutanese ngultrum is determined by the country's central bank, the Royal Monetary Authority of Bhutan.
FAQs About the word bhutanese monetary unit
monetary unit in Bhutan
No synonyms found.
No antonyms found.
The Bhutanese monetary unit, the ngultrum, is pegged to the Indian rupee at a rate of 1 ngultrum to 1 rupee.
Bhutan introduced the ngultrum as its official currency in 1974, replacing the Indian rupee.
The highest denomination of the Bhutanese ngultrum is 1,000 ngultrum notes.
The Bhutanese ngultrum is a stable currency, and its value has remained relatively steady against the Indian rupee.
