Bhutanese ngultrum

Ngultrum

(Dzongkha)
ISO 4217
Code	BTN (numeric: 064)
Subunit	0.01
Unit
Symbol	Nu.‎
Denominations
Subunit
1⁄100	chhertum
Symbol
chhertum	Ch.
Banknotes	Nu.1, Nu.5, Nu.10, Nu.20, Nu.50, Nu.100, Nu.500, Nu.1000[1][2]
Coins
Rarely used	Ch.5, Ch.10, Ch.25, Ch.50, Nu.1, Nu.3
Demographics
User(s)	Bhutan (alongside Indian Rupee)
Issuance
Monetary authority	Royal Monetary Authority of Bhutan
Website	www.rma.org.bt
Valuation
Inflation	5.2%
Source	Royal Monetary Authority of Bhutan, 2015 est.
Pegged with	Indian rupee (at par)

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The ngultrum (/əŋˈɡʌltrəm/; Dzongkha: དངུལ་ཀྲམ [ŋýˈʈúm], symbol: Nu., code: BTN) is the currency of the Kingdom of Bhutan. It can be literally translated as 'silver' for ngul and 'coin' for trum. It is subdivided into 100 chhertum (Dzongkha: ཕྱེད་ཏམ [pt͡ɕʰɛ́ˈtám], spelled as chetrums on coins until 1979). The Royal Monetary Authority of Bhutan, the central bank of Bhutan is the minting authority of the ngultrum banknotes and coins. The ngultrum is currently pegged to the Indian rupee at parity.