CURRENCYHUB

Historical Exchange Rates

BTN to MAD Historical Exchange Rates

Review date-based historical exchange-rate data for Bhutanese Ngultrum and Moroccan Dirham. This page is designed for historical lookup, not current conversion.

1. Choose currencies
2. Choose a date or range
3. Enter an amount

Showing the 30D range. Providers may omit weekends, holidays or dates without published data.

Requested dateRange view
Actual published date
Reference rate1 BTN = 0.10286874 MAD
Converted amount0.102869 MAD

Data source: Frankfurter | Rate date:

Historical Chart

BTN/MAD range data

Historical result1 BTN = 0.102869 MAD

1 BTN = 0.10286874 MAD on

High0.10359464
Low0.09940261
Average0.10179763
Change+3.49%

Monthly and annual reference summary

Calculated from available daily provider observations for 2026-10 and 2026.

Monthly average0.1027395613 observations
Annual average0.09913832204 observations
Month-end published rate0.102868742026-10-19
Most recent available rows
DateRate
2026-09-291 BTN = 0.10069009 MAD
2026-09-301 BTN = 0.10102034 MAD
2026-10-011 BTN = 0.10137424 MAD
2026-10-021 BTN = 0.10187624 MAD
2026-10-051 BTN = 0.10339397 MAD
2026-10-061 BTN = 0.10359464 MAD
2026-10-071 BTN = 0.10344456 MAD
2026-10-081 BTN = 0.10320401 MAD
2026-10-091 BTN = 0.1026777 MAD
2026-10-121 BTN = 0.1016171 MAD
2026-10-131 BTN = 0.10203496 MAD
2026-10-141 BTN = 0.10315607 MAD
2026-10-151 BTN = 0.1033884 MAD
2026-10-161 BTN = 0.10298368 MAD
2026-10-191 BTN = 0.10286874 MAD

Historical trend summary

Observed changes in BTN/MAD

30 days+3.49% to
3 months+5.74% to

Across 21 provider observations from to , BTN/MAD finished above its first observation. The observed change was +3.49%.

The lowest observed rate was 1 BTN = 0.09940261 MAD on . The highest was 1 BTN = 0.10359464 MAD on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding BTN/MAD historical data

BTN/MAD records how many moroccan dirham units one bhutanese ngultrum represented at each provider publication. Bhutanese Ngultrum is associated with Bhutan, while Moroccan Dirham is associated with Morocco. The series can support dated price comparisons, cross-currency records and research into how the relationship changed over the selected period.

Observed movement can reflect relative inflation, economic activity, monetary-policy conditions, trade and demand for the two currencies. The documented exchange-rate arrangements also provide context: The Bhutanese ngultrum is maintained at one-to-one parity with the Indian rupee.. These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.

Exchange-rate information is provided for reference only and is not financial, trading or investment advice.

Source and calculation method

CurrencyHub preserves the requested date separately from the actual provider publication date. Monthly and annual averages are arithmetic means of available daily observations, and the month-end value is the final published observation in that calendar month. No missing weekend or holiday rate is invented or interpolated. Review the policy that applies to any accounting, tax or legal use.

Data interpretation note

These observations are reference rates for comparison and research, not bank execution prices. A requested weekend or holiday may have no publication because the provider follows its own release calendar; CurrencyHub identifies the actual published date instead of inventing or interpolating a value. Banks and payment services can use different processing dates, spreads and fees.