New Year in Bhutan is one of the major festivals of the country. Like its neighbor, India Bhutanese people also welcome New Year with open hands. The English New year and the local New Year are celebrated with equal grandeur.
Bhutan has a tri-cameral parliament consisting of the King, the National Council and the National Assembly. His Majesty the King Jigme Khesar Namgyal Wangchuck is the head of the state. He became the youngest reigning monarch in the world when he was crowned as fifth king on Bhutan on November 6, 2008.
Bhutanese currency is Ngultrum (Nu.) and is officially pegged to the Indian Rupee. Also Indian Rupee is acceptable all over Bhutan except Rs 500 and Rs 1000 currency notes.