BTN to NGN - Convert Bhutanese Ngultrum to Nigerian Naira

Convert BTN to NGN using our currency converter with real exchange rate today

1 BTN = 19.51 NGN

1 NGN = 0.051 BTN

(Mid-market exchange rate)

Last updated Feb 29, 2024 20:57 GMT

BTN to NGN conversion chart

Below is the live and historical Bhutanese Ngultrum to Nigerian Naira rate chart so you can see today's rate - and how the rates have changed over time.

1 BTN = 19.51 NGN

1,000 Bhutanese Ngultrum to Nigerian Naira stats | BTN to NGN

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 19.676 19.399 19.37 19.37 19.676
Low 18.489 10.719 9.467 5.555 10.719
Average 19.125 17.157 12.743 9.071 17.202
Volatility 6.42% 80.98% 104.61% 248.69% 83.56%

What is the Bhutanese Ngultrum worth against the Nigerian Naira today?

1 BTN is worth 19.51 NGN today

How much is 1,000 BTN worth in NGN?

At the current exchange rate of 19.51 , a sum of 1,000 Bhutanese Ngultrum is worth 19,510 Nigerian Naira.

Which currency is stronger? BTN or NGN?

The Bhutanese Ngultrum is currently stronger than the Nigerian Naira given that 1 BTN is equal to 19.51 NGN. Conversely, 1 NGN is worth 0.051 BTN.

Overview of BTN to NGN Performance and Trends

Today, to buy 1,000 Bhutanese Ngultrum, you need 19,510 Nigerian Naira. On the same date last year, you needed 5,588 Nigerian Naira for 1,000 Bhutanese Ngultrum. This change indicates that the Bhutanese Ngultrum has become stronger against the Nigerian Naira by 240.71% over the past year.

The pair experienced high volatility of 248.69%.

High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.

BTN to NGN Currency Performance and Volatility

Last 7 Days

  • Performance: Nu1,000 varied between ₦18.489 (weekly low) and ₦19.676 (weekly high), a variance of ₦1.187 .
  • Volatility: Fluctuated by 6.42%.

Last 30 Days

  • Performance: Nu1,000 varied between ₦10.719 (30-day low) to ₦19.399 (30-day high), a variance of ₦8.68 .
  • Volatility: Fluctuated by 80.98%.

Last 90 Days

  • Performance: Nu1,000 varied between ₦9.467 (90-day low) to ₦19.37 (90-day high), a variance of ₦9.903 .
  • Volatility: Fluctuated by 104.61%.

Last Year

  • Performance: Nu1,000 ranged from ₦5.555 (yearly low) to ₦19.37 (yearly high), a variance of ₦13.815 .
  • Volatility: Fluctuated by 248.69%.

BTN to NGN Forecast and trending

Is the Bhutanese Ngultrum going up or down against the Nigerian Naira?

Today's BTN to NGN exchange rate (19.519) is higher compared to yesterday's rate (19.079).

Currency information

BTN - Bhutanese Ngultrum

The currency code for Bhutanese Ngultrum is BTN.

The BTN currency symbol is Nu.

Minor unit: 1/100 = Chetrum

BTN rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

BTN rank by strongest currencies (buying power): 88

The Bhutanese Ngultrum is the currency of 1 countries:
Bhutan

NGN - Nigerian Naira

The currency code for Nigerian Naira is NGN.

The NGN currency symbol is ₦.

Minor unit: 1/100 = Kobo

NGN rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

NGN rank by strongest currencies (buying power): 121

The Nigerian Naira is the currency of 1 countries:
Nigeria

More Nigerian Naira (NGN) information >

Understanding BTN to NGN Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Bhutanese Ngultrum to Nigerian Naira, to send a payment, for a trip overseas, when shopping online or to hold a balance in Nigerian Naira.

How to convert BTN to NGN?

You can convert Bhutanese Ngultrum to Nigerian Naira either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Nigerian Naira in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Bhutanese Ngultrum cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Nigerian Naira in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Bhutanese Ngultrum you want to send, or the amount in Nigerian Naira you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Nigerian Naira

How to get the best BTN to NGN exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best BTN to NGN exchange rate for your specific transaction.

Get to know the BTN/NGN mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the BTN/NGN mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Bhutanese Ngultrum and Nigerian Naira. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Bhutanese Ngultrum with Nigerian Naira?

You'll be able to exchange Nigerian Naira to Bhutanese Ngultrum in the same way as you'd exchange Bhutanese Ngultrum to Nigerian Naira. If you have Nigerian Naira in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Nigerian Naira. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Bhutanese Ngultrum in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange BTN to NGN?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Bhutanese Ngultrum to Nigerian Naira (BTN to NGN)

How much is the Bhutanese Ngultrum to Nigerian Naira?

The Bhutanese Ngultrum to Nigerian Naira exchange rate today is 19.51 . Use this guide to learn more about exchanging BTN to NGN in the easiest and best value way for your specific needs.

How much is 1,000 Bhutanese Ngultrum to the Nigerian Naira?

The BTN to NGN rate today is 19.51 . That means that 1,000 Bhutanese Ngultrum would be worth 19,510 Nigerian Naira.

How to exchange Bhutanese Ngultrum to Nigerian Naira?

Exchange BTN to NGN in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including BTN to NGN.

How to send money to Nigeria?

If you want to send money from the Bhutan - or anywhere else in the world - to Nigeria, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Nigeria - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Nigerian Naira and Bhutanese Ngultrum on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Bhutanese Ngultrum to Nigerian Naira exchange rate with our handy tools, to help you compare your options.

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