Bhutanese currency is the Ngultrum (Nu.). The ngultrum is on par with the Indian rupee (both the nu and Indian rupee can be used in Bhutan) but INR (Indian Rupees) denominations of 500 and 1000 are not accepted in Bhutan. Most tourist hotels and few shops also accept international currencies like US dollar and the Euro and major credit cards i.e., VISA and Master card are accepted. Major convertible currencies and travelers’ cheques can be exchanged at banks in all major towns.