The official currency of Bhutan is Ngultrum, which is often abbreviated as BTN. Fixed to the value of Indian Rupee, the official currency of Bhutan is subdivided into 100 Chertrums.

At present, the notes in the country are issued in the denominations Nu.5, Nu.10, Nu.20, Nu.50, Nu.100 and Nu.500, while the coins are available in the denominations of Ch.5, Ch.10, Ch.25, Ch.50 and Nu.1.

The printing of notes in denominations of Nu.1 and Nu.2 have been discontinued, while Nu.1 is now available in coins. However, the notes issued earlier in the denominations of Nu.1 and Nu.2 are still in circulation.  

Besides Ngulatrum, US Dollar and Indian Rupees are the two other major currencies accepted throughout the country. Some of the other currencies accepted in the country are Pound Sterling, Swiss Francs, Hong Kong Dollars, Japanese Yen and Euro. In addition, Swedish and Norwegian Kroner, Australian Dollar, Singapore Dollar, Canadian Dollar and British Pound are also accepted in Bhutan.

Besides, foreign currencies like US Dollars, Indian Rupee, Euro and Swiss Franc, travellers’ cheques are also accepted in the country. Travellers’ cheques in major currencies such as US Dollars, Canadian Dollars, Euro and Australian Dollars can be easily exchanged in Bhutan. These travellers’ cheques can be exchanged at the arrival section of Paro Airport, Bank of Bhutan and at the counters in all the BTCL hotels.

American Express, Visa and MasterCard credit cards are also accepted in Bhutan. These are accepted at some handicrafts shops along with some of the larger hotels. The transactions done using credit cards take extra time. Additionally, the credit card companies charge high fees and the verification office operates from 9 in the morning to 5 in the evening.

Banks and money changers located at the airport are the foremost options for availing currency exchange services. Banks in the country operate from Monday to Friday, from 9 in the morning till 3 in the afternoon, while on Saturday the banks operate from 9 am to 12 pm.

There are no restrictions on the import and export of local as well as foreign currencies; however foreign currencies must be declared upon arrival in Bhutan. ATMs in Bhutan only accept Bhutanese bank cards.