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The Bangladeshi Taka (BDT) is the official currency of Bangladesh and is issued by the Bangladesh Bank. Introduced in 1972 following the country’s independence from Pakistan, the Taka plays a crucial role in Bangladesh’s rapidly growing economy, which is fueled by garment exports, remittances, and agriculture. The currency is subject to exchange rate controls and periodic devaluations to support trade competitiveness. While the Taka is the primary currency for domestic transactions, the US Dollar is also widely used for international trade.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.