Bangladeshi Taka (BDT)
The Bangladeshi taka is the currency of Bangladesh, managed by Bangladesh Bank. Garment exports and remittances are the main sources of foreign exchange.
The latest available mid-market reference is 1 BDT = 0.007999 USD. The table below shows the same rate against the other major currencies.
Key facts
Structural details reviewed . Regimes and issuing arrangements can change.
The role of the Bangladeshi Taka
Bangladesh is one of the world's largest garment exporters, and the taka is supported by that trade plus remittances. The currency is not convertible for capital account transactions.
A short history
The taka was introduced in 1972 after independence. Bangladesh used a fixed peg for years before moving to a managed float in 2003.
What moves the Bangladeshi Taka
Ready-made garment exports, remittances from the Gulf and Malaysia, import costs and the level of reserves. Pressure on reserves usually leads to slower official depreciation.
Live BDT exchange rate
| Currency | 1 BDT equals |
|---|---|
| US Dollar (USD) | 0.007999 |
| Euro (EUR) | 0.007198 |
| British Pound (GBP) | 0.006019 |
| Japanese Yen (JPY) | 1.2760 |
| Chinese Yuan (CNY) | 0.053482 |
| Indian Rupee (INR) | 0.7508 |
| Canadian Dollar (CAD) | 0.011391 |
| Australian Dollar (AUD) | 0.011674 |
| Swiss Franc (CHF) | 0.006654 |
Mid-market rate updated . Banks and transfer providers add a margin. About our rates.
BDT conversion pages
Other currency profiles
Bangladeshi Taka questions
What is the Bangladeshi Taka?
Bangladeshi Taka (BDT) is used in the following countries and territories: Bangladesh. Central bank: Bangladesh Bank. Exchange rate regime: managed float with a crawling peg.
Which countries use the Bangladeshi Taka?
The Bangladeshi Taka is used in the following countries and territories: Bangladesh.
What affects the Bangladeshi Taka exchange rate?
Ready-made garment exports, remittances from the Gulf and Malaysia, import costs and the level of reserves. Pressure on reserves usually leads to slower official depreciation.