The currency in Bangladesh is called Bangladeshi taka (ISO code BDT).
Origins and history
The Taka was introduced in the newly-born Bangladesh (former East Pakistan province) when it gained its independence from Pakistan in 1971.
In 1972, Bangladesh decided to change the Pakistan rupee for its new currency, the Taka.
Current Bangladeshi Taka coins and banknotes
The coins and banknotes denominated in Takas are issued in the Bangladesh Bank.
The signature of the Central Bank governor appears in every banknote, except in the 1 taka ones, because those are under the Bangladeshi Ministry of Economy.
Currently, there are coins of 1, 5, 10, 25 and 50 poishas and 1, 2, and 5 takas in circulation.
Regarding banknotes, the following denominations are currently in circulation: 5, 10, 20, 50, 100, 500 and 1,000 takas.
Did you know?
- The name “taka” comes from the Sanskrit term tanka, name used to designate an ancient silver coin.
- The symbol of the Taka is “Tk”.
Why changing currency with us is better than with your bank?
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|---|---|---|---|---|
| Number of curencies available | We have more than 13 currencies. We are specialists. | Only the most common ones. They don't pay much attention to this service and, moreover, they will always try to get you to leave with Dollars. | ||
| Currency availability | Immediate availability at our airport offices on the day of your trip. | The branch requests it from Head Office and it may take quite a long time to have the currency available, or they may not even have it. | ||
| Cost of the transaction | Only the exchange rate, with no commissions, and if you book online we guarantee you the best price. | Your bank's margin plus a commission. | ||
| Fractional currency so you can pay comfortably | Of course, because we think of you and your needs when you set foot in a foreign country. | No. Be prepared to hear refusals and complaints in a foreign language when you present a "large" bill. | ||
| Delivery options | We offer you the possibility of picking up your order at the airport. | You have to go to the bank twice: once to request the currency and once to pick it up, if they can get it for you, so you have to keep track of your money. | ||
| Opening hours | We are open 24 hours a day, 7 days a week. | Monday to Friday, from 8:30 am to 2:30 pm. |