About Bhutan banknotes
Bhutan introduced the ngultrum in 1974, pegged at par with the Indian rupee. Its notes show the kings of Bhutan and the great dzongs, fortress-monasteries that dominate Bhutanese valleys.
See also: Asian banknotes, Nepal and India.
Frequently asked questions
Is the ngultrum linked to the Indian rupee?
Yes, it is pegged at par, and Indian rupees are also accepted in Bhutan.
When was the ngultrum introduced?
In 1974.
What are the buildings on Bhutanese notes?
Dzongs, the great fortress-monasteries of Bhutan.
Are your Bhutan banknotes genuine?
Yes. Every Bhutan note we sell is a genuine banknote, never a copy or replica. Each listing states the grade, gives the Pick catalogue number where one exists and shows the front and back, and every order ships tracked from Hungary.