What is the currency in Bhutan?
The official currency of Bhutan is the Ngultrum (BTN), which is abbreviated as "Nu." The Ngultrum is directly linked to the Indian rupee (INR), and the two currencies are considered equal in value. This close relationship between the Ngultrum and the Indian rupee makes currency exchange relatively straightforward for travelers coming from or through India. In fact, Indian rupees are also accepted as a legal tender in Bhutan, making it convenient for travelers from India or those transiting through the country.
However, it is important to note that you cannot purchase Ngultrum before arriving in Bhutan. For visitors planning to exchange their money, the best option is to do so upon arrival at the airport or at banks in major cities like Thimphu and Paro. Banks and exchange counters in these cities offer competitive exchange rates and are the most reliable places to convert foreign currencies into Ngultrum.
While Ngultrum is the primary currency used in Bhutan, many businesses, especially hotels and larger establishments in Thimphu and Paro, may accept foreign currencies such as US dollars, euros, and Indian rupees. However, this is more common in larger towns and more tourist-heavy areas. Smaller towns and rural regions may not have currency exchange services readily available, and some smaller shops may not accept foreign currencies at all.
For this reason, when traveling to more remote areas, it is advisable to bring Ngultrum or exchange your currency for Ngultrum in advance. This ensures you will have sufficient funds for purchases, especially in places where foreign currency exchanges are limited or unavailable.
Overall, while it’s relatively easy to access and exchange currency in Bhutan, being prepared with the local Ngultrum can save you time and potential inconvenience during your travels.