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INR to BTN: Indian Rupee to Bhutanese Ngultrum

Live INR to BTN exchange rate today - 1 INR equals 1.0000 BTN, with an instant two-way converter for Indian Rupee to Bhutanese Ngultrum.

Today's INR to BTN Exchange Rate

1 INR = 1.000000 BTN

1 BTN = 1.0000 INR

Updated: September 3, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

1.0000 Bhutanese Ngultrum

Last updated: September 3, 2026

This INR to BTN rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Bhutanese Ngultrum (BTN) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is BTN (Bhutanese Ngultrum)?

Pegged 1:1 with the Indian Rupee since 1974 - INR itself is also accepted as legal tender across Bhutan, making this one of the tightest currency relationships on this list.

Key Facts

  • ISO code: BTN
  • Symbol: Nu.
  • Subunit: 100 chhertum = 1 ngultrum
  • Issued by: Royal Monetary Authority of Bhutan (RMA)

Why Does the INR/BTN Exchange Rate Change?

The INR/BTN rate moves every trading day, driven mainly by:

  • The INR peg itself - BTN is fixed 1:1 with INR since 1974, so INR/BTN essentially never moves; this is the tightest currency relationship on this entire site.
  • India provides significant development assistance and is Bhutan's dominant trading and investment partner, reinforcing the peg's stability.
  • Bhutan's hydropower exports to India, its largest single source of foreign revenue.
  • The Royal Monetary Authority of Bhutan holds reserves largely in Indian Rupees to maintain the 1:1 relationship.
  • Tourism revenue, a growing but still secondary source of foreign currency for Bhutan compared to hydropower and Indian trade.
  • There is essentially no independent "why does this pair move" story - INR/BTN moves only when INR itself moves against everything else, since BTN simply mirrors it.

Frequently Asked Questions

Is the Bhutanese Ngultrum the same value as the Indian Rupee?

Yes, they're pegged exactly 1:1, and have been since 1974. The Indian Rupee is also accepted as legal tender across most of Bhutan alongside the ngultrum, making this the closest currency relationship anywhere on this site.

Why check a converter for INR to BTN if the rate never changes?

Mostly for confirmation and cross-border payment or accounting purposes - since the rate is fixed 1:1, 1 INR always converts to exactly 1 BTN, no calculation needed, but travellers and businesses sometimes still want that stated explicitly.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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