Bhutanese rupee

Infobox Currency
currency_name_in_local =
image_1 =
image_title_1 =
iso_code =
using_countries = BTN
inflation_rate =
inflation_source_date =
pegged_with = Indian rupee at par
subunit_ratio_1 = 1/100
subunit_name_1 = naya paisa
symbol =
symbol_subunit_1 =
used_coins = 25, 50 naya paisa, 1 rupee
obsolete_notice = YThe rupee was the currency of Bhutan until 1974. It was equivalent to the Indian rupee. Until 1957, it was subdivided into 64 "paisa". Bhutan then followed India in decimalizing, with the rupee subdivided into 100 "naya paisa". The rupee was replaced by the ngultrum at par.

Coins

Until its closure in 1789, the coins of the Cooch Behar mint circulated in Bhutan. Following this, Bhutan began issuing its own coins, mostly silver ½ rupees. Hammered silver coins were the only types issued until 1929, when modern style silver ½ rupee coins were introduced, followed by bronze 1 paisa in 1931 (dated 1928). Nickel ½ rupee coins were introduced in 1950. Indian coins circulated alongside Bhutan's own coins to such an extent that, following decimalization in 1957, nine years passed before Bhutan's first issue of coins denominated in naya paisa. These 1966 issues were 25 and 50 naya paisa, together with 1 rupee coins, all struck in cupro-nickel.

References

*numis cite SCWC|date=1991

External links

Standard numismatics external links
world_coin_gallery_1_url = Bhutan
world_coin_gallery_1_name = Bhutan
banknote_world_1_url =
banknote_world_1_name =
dollarization_1_url = asia
dollarization_1_name = Asia
gfd_1_url = Bhutan
gfd_1_name = Bhutan
gfd_data_1_url =
gfd_data_1_name =
show_gfd_excel = Y