Currency.Wiki

1 Ngultrum to Canadian Dollar

Updated 18 minutes ago
Convert 1 BTN:CAD
 BTN =
    CAD
 Ngultrum =  Canadian Dollars
Trending: Nu. exchange rates for the last 24 hours
  • BTN/USD 0.011989 -0.00007196
  • BTN/EUR 0.011043 -0.00006868
  • BTN/JPY 1.885212 0.07060635
  • BTN/GBP 0.009412 -0.00009252
  • BTN/CHF 0.010822 0.00014591
  • BTN/MXN 0.203690 -0.00082984
  • BTN/INR 1.000581 0.00061643
  • BTN/BRL 0.062896 0.00323944
  • BTN/CNY 0.085190 -0.00164505

BTN/CAD exchange rate analysis over the past 90 days

Ngultrum to Canadian Dollar exchange rate: Over the last 90 days, the Ngultrum weakened by -0.03% against the Canadian Dollar, declining from CA$0.0164 to CA$0.0164 per Ngultrum. This trend reflects the evolving economic dynamics between the Bhutan and the Canada. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Bhutan and Canada.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Bhutan and Canada.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Bhutan or Canada.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Bhutan relative to the Canada.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

btn/cad Historical Chart

Nu.
Ngultrum Currency

Country: Bhutan

Symbol: Nu.

ISO Code: BTN

Bank: Royal Monetary Authority of Bhutan

Interesting fact about Ngultrum

The Ngultrum (BTN) is the official currency of Bhutan, a landlocked country in South Asia. It was introduced in 1974 to replace the Indian rupee as Bhutan's currency. The Ngultrum has been stable and is pegged to the Indian rupee. It holds significant cultural and economic importance in Bhutan as it reflects the country's independence and sovereignty.

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

Quick Conversion Guide

Frequently Asked Questions

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The Ngultrum to Canadian Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 BTN to CAD is CA$0.02.
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Yes, our site provides historical charts that show the trends and fluctuations in the Ngultrum to Canadian Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.