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?
 Global Exchange | Your high-street bank | |||
|---|---|---|---|---|
| Variety of currencies | We have more than 17 currencies. We are specialists. | Only major currencies. Travel money is just a secondary business for banks. | ||
| Availability of currencies | Immediate availability of currencies in our branches. | If they can actually get your exotic currency, prepare for a couple of visits to your bank before you can have the money on your hands. | ||
| Expenses | We only charge the exchange rate, without commissions. | The bank sets its own margin plus a commission. | ||
| Different denominations available | At Global Exchange, you’ll get a variety of banknotes with different values, adapted to all your payment needs. | No. Prepare for refusals and complaints in foreign languages when paying with «big» banknotes. | ||
| Delivery options | Airport collect on the day of your trip. All comfort. | You’ll have to go first to your bank to order the currency you need, then wait for it to come and go back again to collect it. |