Bhutanese Ngultrum

The Bhutanese Ngultrum increased to 60.84 in April from 59.97 in March of 2014. Bhutanese Ngultrum averaged 32.62 from 1973 until 2014, reaching an all time high of 68.61 in September of 2013 and a record low of 7.19 in March of 1973. The USDBTN spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDBTN spot exchange rate is quoted and exchanged in the same day, the USDBTN forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Bhutanese Ngultrum - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
60.84 59.97 68.61 7.19 60.02 | 2014/05 1973 - 2014 Daily

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Bhutanese Ngultrum
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Markets Last Previous Highest Lowest Forecast Unit
Currency 60.84 2014-04-22 59.97 68.61 7.19 60.02 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Bhutan Unemployment Rate at 2.10 Percent  
Unemployment Rate in Bhutan decreased to 2.10 percent in 2012 from 3.10 percent in 2011. Unemployment Rate in Bhutan is reported by the Royal Monetary Authority of Bhutan.
Bhutan Government Debt To GDP at 102.40 Percent  
Bhutan recorded a Government Debt to GDP of 102.40 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Bhutan is reported by the Royal Monetary Authority of Bhutan.
Bhutan Government Budget at -1.20 Percent of GDP  
Bhutan recorded a Government Budget deficit equal to 1.20 percent of the country's Gross Domestic Product in 2012. Government Budget in Bhutan is reported by the Royal Monetary Authority of Bhutan.
Bhutan Current Account to GDP at -23.00 Percent  
Bhutan recorded a Current Account deficit of 23 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Bhutan is reported by the Royal Monetary Authority of Bhutan.
Bhutan Current Account at -19774.30 BTN Million  
Bhutan recorded a Current Account deficit of 19774.30 BTN Million in 2012. Current Account in Bhutan is reported by the Royal Monetary Authority of Bhutan.
Bhutan Balance of Trade at -19880.60 Million BTN  
Bhutan recorded a trade deficit of 19880.60 Million BTN in 2012. Balance of Trade in Bhutan is reported by the Royal Monetary Authority of Bhutan.
Bhutan Imports at 50878.10 Million BTN  
Imports in Bhutan decreased to 50878.10 Million BTN in 2012 from 50995.40 Million BTN in 2011. Imports in Bhutan is reported by the Royal Monetary Authority of Bhutan.
Bhutan Exports at 30997.40 Million BTN  
Exports in Bhutan increased to 30997.40 Million BTN in 2012 from 30160.10 Million BTN in 2011. Exports in Bhutan is reported by the Royal Monetary Authority of Bhutan.
Bhutan GDP Annual Growth Rate at 4.62 Percent  
The Gross Domestic Product (GDP) in Bhutan expanded 4.62 percent in 2012 from the previous year. GDP Annual Growth Rate in Bhutan is reported by the Royal Monetary Authority of Bhutan.
Bhutan Inflation Rate at 11.31 Percent  
The inflation rate in Bhutan was recorded at 11.31 percent in the fourth quarter of 2013. Inflation Rate in Bhutan is reported by the Royal Monetary Authority of Bhutan.
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Hong Kong Unemployment Rate Unchanged in March  
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Hong Kong Inflation Rate Unchanged in March  
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