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Currencies

Countries that use the taka

The taka is an official national currency and used only in Bangladesh. 1 taka is devided into 100 Poisha.

ISO 4127:
BDT
Numeric:
050



List of all currencies

1.00 takas = 0.0094 US dollars
(Date: 06/02/2023)


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Exchange rate history 10 BDT in USD

The graph shown here shows the exchange rate development from January 2017 to June 2023. The exchange rate for 10 BDT moved during this time from USD 0.12 to USD 0.09. In these 77 months it fell by 24.6 percent.

Taka as currency

CountryRegion
BangladeshSouth Asia

US dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United States of AmericaNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Caribbean NetherlandsCaribbean
United States Minor Outlying IslandsMicronesia

Currency reserves for the taka

According to the International Monetary Fund, the total broad money (M3) amounted to BDT 21.494 trillion at the end of 2022. For currency hedging, reserves were held in a total amount of 4.209 trillion takas. This corresponds to a ratio of 1:5.1. In other words, not even 1 of 5 takas is deposited with a countervalue.

Approximately 101.98 billion takas (2.4%) of the currency reserves exist in gold reserves. The remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.

› Worldwide currency and gold reserves



Sources

All conversion rates are based on data from the European Central Bank.
Data on currency and gold reserves are from the International Monetary Fund.
Currency reservesCurrency and gold reserves worldwideReserve assets and gold holdings in proportion to the money stock. An international comparison of currency hedging.
Comparison: Cost of livingCost of living in a global comparisonRanking of international living costs from 103 countries compared to the US
Language: ChineseChinese - Worldwide distributionInternational distribution of mother tongue Chinese including regional allocations. Mainly in in China.