Where to exchange money in Thimphu
If you’re planning a trip to Thimphu, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Thimphu. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Where to exchange money in Thimphu
If you’re planning a trip to Thimphu, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Thimphu. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
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Currency exchanges in Thimphu
We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Thimphu below.
Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.
| Money Changer | Address | Contact Information |
|---|---|---|
| GAA PHEL SHOPPING CENTER Thimphu Bhutan (GPSC) | Chorten Lam Southeast, Thimphu 11001, Bhutan | |
| Royal Monetary Authority | FJJM+RGV, Chhophel Lam, Thimphu, Bhutan | +975 2 323 111 |
| Bank of Bhutan, Thimphu Main Branch | 18 Norzin Lam -II, Thimphu, Bhutan | |
| Royal Securities Exchange of Bhutan | RICB Building, Norzin Lam 1, Thimphu, Bhutan | +975 2 323 995 |
| Bangchen Bhutan Travel | Zomlha Building, FJCQ+GPQ, Thimphu, Bhutan | +975 77 40 73 15 |
| Heavenly Bhutan Travels | Bebena, Samteling Zur Lam 14, Thimphu, Bhutan | +975 77 12 90 80 |
| Le Méridien Thimphu | Chorten Lam, Thimphu 11001, Bhutan | +975 2 337 788 |
| PandoraBiz Office | opposite of Bhutan Insurance Limited, Thimphu 11001, Bhutan | +975 77 82 49 24 |
| THE PEMA BY REALM | Motithang, Thimphu 11001, Bhutan | +975 2 338 888 |
| Seven Suites Thimphu | Olakha, Thimphu 11002, Bhutan | +975 17 11 21 07 |
| S.P Enterprise | FJCQ+5JP, Nordzin Lam 1, Thimphu, Bhutan | +975 77 20 11 49 |
| Hotel Druk Thimphu Bhutan | 218 Norzin Zur Lam 49 SE, Norzin, Bhutan | +975 77 19 88 19 |
| Bank of Bhutan Ltd | FJHP+C3G, Thimphu, Bhutan | |
| T Bank Ltd | 143 Chhuba Chhu Lam SE, Thimphu, Bhutan | +975 77 10 30 77 |
| Bank of Bhutan Corporate Office (HQ) | 18 Norzin Lam -II, Thimphu, Bhutan | +975 2 349 903 |
| Bhutan Peaceful Residency & Spa | Upper Motithang, Kuenga Lam, 4, Thimphu 11001, Bhutan | +975 2 332 494 |
| Heavenly Bhutan Traders | Opposite To Hotel Migmar, Near Shearee Square, Olakha, Thimphu, Bhutan | +975 17 32 89 88 |
| Thimphu Deluxe | Thori Lam-5, Thimphu 11001, Bhutan | +975 17 31 00 85 |
| Bhutan Travel Bureau | Chubachu, Thimphu 11001, Bhutan | +975 2 321 749 |
| Druk Heritage Tours | Building 2A, First Floor., Wogzin Lam, Street, Thimphu 11001, Bhutan | +975 17 14 01 63 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Bhutanese ngultrum rate today
First off, in case you’re wondering something along the lines of “does Bhutan use Bhutanese ngultrum?”, the answer is yes. The currency in Thimphu — and the rest of Bhutan— is Bhutanese ngultrum
You can also find it written as BTN in currency exchange shops.
What you should know about exchanging money in Thimphu
When exchanging money in Thimphu or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in Bhutan long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in Bhutan banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Bhutanese ngultrums for a fairer rate and fees. The same applies if you get the option on card machines.
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Thimphu. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.