Currency Rate Bangladesh Taka to USD
Our Currency Rate BDT latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the BDT. We provide comprehensive information to meet all your financial needs effectively.
Buying rate
BDT 0.007144
Selling rate
BDT0.009497
The Bangladeshi Taka, often abbreviated as BDT, serves as the official currency of Bangladesh. Known locally as the "taka," the BDT is symbolized as "৳." Introduced in 1972, the taka replaced the Pakistani rupee, signifying Bangladesh's economic independence following its liberation.
Currency Details
Symbol: ৳
ISO Code: BDT
Subunits: 1 Taka = 100 poisha
Banknotes and Coins
The BDT is available in both coins and banknotes:
Coins:
1 poisha (rarely used)
5 poisha
10 poisha
25 poisha
50 poisha
1 taka
2 taka
5 taka
Banknotes:
2 taka
5 taka
10 taka
20 taka
50 taka
100 taka
200 taka
500 taka
1,000 taka
History and Background
The introduction of the Bangladeshi Taka on March 4, 1972, was a significant milestone following Bangladesh's independence from Pakistan in 1971. It marked a crucial step towards asserting the country's sovereignty and stabilizing its economy during its early years of nation-building.
Economic Significance
Central to Bangladesh's economy, the BDT facilitates both domestic and international trade, investment, and development. The country's economy encompasses diverse sectors, including textiles, agriculture, manufacturing, and services. Various factors, such as export performance, remittances, inflation, and economic policies, influence the value of the taka.
Usage and Exchange
Widely accepted across Bangladesh, the BDT is utilized for all transactions, ranging from everyday purchases to significant business transactions. Foreign currency exchange for taka is easily facilitated for visitors and expatriates through numerous exchange bureaus, banks, and ATMs throughout the country. The widespread acceptance of major credit cards further enhances convenience for international travelers.
Conclusion
Beyond its monetary value, the Bangladeshi Taka embodies Bangladesh's economic evolution and cultural heritage. Familiarity with the BDT is essential for anyone engaging with Bangladesh's dynamic economy, whether as a resident or a visitor. The stability and accessibility of the taka are pivotal in supporting the country's economic resilience and fostering sustained growth.
Currency Details
Symbol: ৳
ISO Code: BDT
Subunits: 1 Taka = 100 poisha
Banknotes and Coins
The BDT is available in both coins and banknotes:
Coins:
1 poisha (rarely used)
5 poisha
10 poisha
25 poisha
50 poisha
1 taka
2 taka
5 taka
Banknotes:
2 taka
5 taka
10 taka
20 taka
50 taka
100 taka
200 taka
500 taka
1,000 taka
History and Background
The introduction of the Bangladeshi Taka on March 4, 1972, was a significant milestone following Bangladesh's independence from Pakistan in 1971. It marked a crucial step towards asserting the country's sovereignty and stabilizing its economy during its early years of nation-building.
Economic Significance
Central to Bangladesh's economy, the BDT facilitates both domestic and international trade, investment, and development. The country's economy encompasses diverse sectors, including textiles, agriculture, manufacturing, and services. Various factors, such as export performance, remittances, inflation, and economic policies, influence the value of the taka.
Usage and Exchange
Widely accepted across Bangladesh, the BDT is utilized for all transactions, ranging from everyday purchases to significant business transactions. Foreign currency exchange for taka is easily facilitated for visitors and expatriates through numerous exchange bureaus, banks, and ATMs throughout the country. The widespread acceptance of major credit cards further enhances convenience for international travelers.
Conclusion
Beyond its monetary value, the Bangladeshi Taka embodies Bangladesh's economic evolution and cultural heritage. Familiarity with the BDT is essential for anyone engaging with Bangladesh's dynamic economy, whether as a resident or a visitor. The stability and accessibility of the taka are pivotal in supporting the country's economic resilience and fostering sustained growth.
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