Bangladesh taka BDT

The Bangladeshi Taka is the official currency of Bangladesh, issued by the central bank. One Taka is divided into 100 poisha. Taka banknotes are available in denominations of 1, 2, 5, 10, 20, 50, 100, and 500, while coins are issued in 1, 2, and 5 Taka as well as 1, 5, 10, 25, and 50 poisha. The most common abbreviation for the Taka is Tk, making it easier for tourists to recognize.

History of the Bangladeshi Taka

The Taka was introduced in Bangladesh in 1972. Before that, from 1947 to 1971, Pakistani Rupees were used throughout Bangladesh. Even after gaining independence, Pakistani Rupees continued to be used for almost a year.

Interesting Facts About the Bangladeshi Taka

After gaining independence from Pakistan, Bangladesh replaced the Pakistani Rupee with the Taka at an equal exchange rate to simplify currency conversion for the public.