BDTBangladeshi TakaBangladeshi Taka (BDT)
The Bangladeshi taka is Bangladesh's national currency and the accounting unit for one of South Asia's major manufacturing and export economies.
- ISO code
- BDT
- Symbol
- ৳
- Region
- Asia Pacific
- Currency type
- Fiat currency
- Exchange system
- BDT is priced through Bangladesh's domestic interbank foreign-exchange market, where demand and supply influence published rates under Bangladesh Bank oversight. This market framework is separate from CurrencyHub's dated provider calculation.
- Last reviewed
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Quick facts
BDT at a glance
Currency profile
How BDT works
The Bangladeshi taka is Bangladesh's national currency and the accounting unit for one of South Asia's major manufacturing and export economies.
Bangladesh Bank manages monetary policy, foreign-exchange operations and banknote circulation, with government-issued coins forming the other part of the cash system.
- BDT is divided into 100 poisha and is commonly identified locally by the taka sign.
- Bangladesh Bank publishes interbank exchange-rate information based on domestic market transactions rather than a permanent fixed parity.
Context
Why this currency matters
BDT records Bangladesh's transition from independence-era emergency money to a sovereign central-bank currency. Its importance now extends through global apparel supply chains and family remittances, making the distinction between a dated interbank reference and a customer conversion especially useful for trade and household budgeting.
Monetary framework
Exchange arrangement
BDT is priced through Bangladesh's domestic interbank foreign-exchange market, where demand and supply influence published rates under Bangladesh Bank oversight. This market framework is separate from CurrencyHub's dated provider calculation.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for BDT
Independence-era currency transition
Temporary monetary arrangements followed independence while Bangladesh prepared its sovereign currency system.
Bangladesh Bank - Taka MuseumTaka and Bangladesh Bank established
The taka became the national monetary unit and Bangladesh Bank began operating as the central bank.
Bangladesh Bank - Taka MuseumCurrent note designs expanded
Bangladesh Bank issued redesigned national banknotes with updated themes and security features.
Bangladesh Bank - Taka Museum
Usage and economy
How BDT is used
- Prices, wages, savings and payments across Bangladesh.
- Export and remittance comparisons involving INR, PKR, LKR and MYR.
Country currency guides
Banknotes and coins
BDT currency units
Bangladesh Bank publishes current taka banknotes and their security features.
Bangladesh Bank's official currency information distinguishes taka notes from government coinage and subsidiary coins.
One Bangladeshi Taka unit is recorded with 2 decimal places and uses Poisha as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
BDT questions
Why is BDT important to Bangladesh's export economy?
BDT is the currency used for domestic costs and settlement in an economy with major garment exports and extensive international supply-chain links.
When did Bangladesh introduce the taka?
Bangladesh introduced the taka as its sovereign monetary unit in 1972 after independence.
How is the taka exchange rate determined?
Bangladesh Bank publishes interbank rates influenced by transactions and market demand and supply rather than a permanent one-to-one foreign-currency parity.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.