Dollar to ngultrum calculator
The Royal Monetary Authority's holding rate was Nu. 95.38 per US dollar at August 31, 2026, in its Monthly Statistical Bulletin. Enter an amount to convert it either way.
The ngultrum has no rate of its own against the dollar: it is pegged to the Indian rupee at par, so it rises and falls with the rupee.
How it's calculated
- Dollars to ngultrum: multiply by the rate. Ngultrum to dollars: divide by it.
- We use the rate at the end of the latest month in the bulletin, not a live quote. It helps with a budget or a contract, less with a transfer you make today.
- Banks and licensed money changers add their margin and fees, so what you get at the counter will differ.
An example
At Nu. 95.38 per dollar, the rate of 31 August 2026, US$100 is Nu. 9,538. A budget of Nu. 10,000 is US$104.84. A year earlier the rate was Nu. 88.21, so the same US$100 bought Nu. 717 less.
Frequently asked questions
Where does this rate come from?
From the table Exchange Rates in the Monthly Statistical Bulletin of the Royal Monetary Authority of Bhutan, in the holding rates at the end of each period.
Why has the ngultrum fallen against the dollar?
The RMA's Monetary Policy Statement 2026 says it tracks moves of the Indian rupee against the dollar under the peg, with an average of Nu. 91.4 in the first quarter of 2026 against Nu. 86.7 a year before.
How do I change it for rupees?
One ngultrum equals one Indian rupee. Use the ngultrum to rupee converter if you need to see it in an amount.
Key terms
- Holding rate
- The rate the RMA uses to value foreign currency it holds, here at the end of a month.
- RMA
- The Royal Monetary Authority of Bhutan, the central bank.
- Peg
- A fixed rate between two currencies: here, ngultrum and Indian rupee.
The same calculation in other countries
Canada (English)
Nigeria
Kenya
Tanzania
Ghana
Kuwait
Jamaica
Rwanda
Qatar (English)
Cameroon (English)
Zambia
Ethiopia
Namibia
Malawi
Liberia
Gambia
Barbados
Belize
Brunei
Nepal
SamoaUp-to-date official data
Ngultrum per US dollar, RMA holding rate at the end of the month: updated , with the latest figure from Royal Monetary Authority of Bhutan.
We check the official sources automatically, every day.
See all sources