BDT information
About Bangladeshi Taka (BDT)
The Bangladeshi Taka (BDT), introduced in 1972, is more than just the official currency of Bangladesh; it represents the country's journey through economic challenges and its aspirations for growth and stability. It is commonly abbreviated as BDT and represented by the symbol ৳. Replacing the Pakistani Rupee, the Taka was established following Bangladesh's independence, marking a significant step in the nation's quest for economic sovereignty.
Historical Background
The introduction of the Bangladeshi Taka was a pivotal development in the nascent nation’s history, reflecting its break from Pakistan and the establishment of an independent economic system. The Taka was integral to Bangladesh's efforts to build a self-reliant economy in the face of significant post-independence challenges.
Design and Symbolism
The design of the Bangladeshi Taka incorporates elements of the country’s rich cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, historic landmarks, and symbols representing Bangladesh's art and nature. These designs serve not only as a medium for financial transactions but also as emblems of national pride and identity.
Economic Role
The Taka plays a crucial role in Bangladesh’s economy, which includes key sectors like garments manufacturing, agriculture, and remittances. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of the Bangladeshi people.
Monetary Policy and Stability
Managed by the Bangladesh Bank, the nation's central bank, the Taka has navigated through various economic challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency, control inflation, and support sustainable economic growth, vital for maintaining public and investor confidence.
International Trade and the Bangladeshi Taka
In international trade, the stability of the Taka is crucial, particularly for Bangladesh's exports like ready-made garments, jute, and seafood. A stable Taka is vital for maintaining competitive export prices and managing the import of essential goods.
Remittances and Economic Impact
Remittances from Bangladeshis working abroad, particularly in the Middle East, Europe, and North America, are a significant source of foreign income. These remittances, converted into Takas, support many families and contribute to the national economy, providing a vital buffer against economic challenges.
TIK to BDT conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ৳34.83 | 0.0200% / 0.0320%VIP 7 |
How to buy ChronoBase
Buy TIK (or USDT) for BDT (Bangladeshi Taka) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
T Trusted_p2p_Exchange 20 trades|Completion rate 100.00% | 122.8 BDT | Amount66.27 USDT Limit500 - 12500 BDT | ||
A A B S 107 trades|Completion rate 94.00% | 122.8 BDT | Amount8.14 USDT Limit500 - 2841 BDT | ||
L Lal Telecom 686 trades|Completion rate 99.00% | 123 BDT | Amount19.82 USDT Limit100 - 2000 BDT | ||
F FIRST-EXCHANGE 24 trades|Completion rate 96.00% | 123.35 BDT | Amount7.11 USDT Limit800 - 810 BDT | ||
T Treated24-HR 295 trades|Completion rate 93.00% | 123.9 BDT | Amount74.22 USDT Limit1000 - 10000 BDT |
Sell TIK (or USDT) for BDT (Bangladeshi Taka) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
D Didar_Traders 13 trades|Completion rate 100.00% | 182.74 BDT | Amount1000 USDT Limit10000 - 100000 BDT | ||
E Exchange BD 161 trades|Completion rate 92.00% | 125 BDT | Amount10000 USDT Limit100 - 1000000 BDT | ||
B BDKING. 22 trades|Completion rate 100.00% | 124.22 BDT | Amount25.1 USDT Limit3106 - 3110 BDT | ||
� 𝐁𝐃-𝐏𝟐𝐏-𝐒𝐇𝐎𝐏 205 trades|Completion rate 98.00% | 124.21 BDT | Amount9770.66 USDT Limit3000 - 6850 BDT | ||
F FAST_P2P_EXCHANGE 105 trades|Completion rate 100.00% | 124.17 BDT | Amount84797.13 USDT Limit3000 - 50000 BDT |
What factors influence the conversion rate of ChronoBase to Bangladeshi Taka?
ChronoBase to Bangladeshi Taka is falling this week.Conversion tables
The exchange rate of ChronoBase is decreasing.TIK to BDT
BDT to TIK
Today vs. 24 hours ago
Amount | 08:13 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 TIK | $0.1482 | $0.1501 | -1.28% |
1 TIK | $0.2964 | $0.3003 | -1.28% |
5 TIK | $1.48 | $1.5 | -1.28% |
10 TIK | $2.96 | $3 | -1.28% |
50 TIK | $14.82 | $15.01 | -1.28% |
100 TIK | $29.64 | $30.03 | -1.28% |
500 TIK | $148.22 | $150.15 | -1.28% |
1000 TIK | $296.45 | $300.3 | -1.28% |
Today vs. 1 month ago
Amount | 08:13 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 TIK | $0.1482 | $0.1692 | -12.39% |
1 TIK | $0.2964 | $0.3384 | -12.39% |
5 TIK | $1.48 | $1.69 | -12.39% |
10 TIK | $2.96 | $3.38 | -12.39% |
50 TIK | $14.82 | $16.92 | -12.39% |
100 TIK | $29.64 | $33.84 | -12.39% |
500 TIK | $148.22 | $169.18 | -12.39% |
1000 TIK | $296.45 | $338.36 | -12.39% |
Today vs. 1 year ago
Amount | 08:13 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 TIK | $0.1482 | $0.1988 | -25.45% |
1 TIK | $0.2964 | $0.3976 | -25.45% |
5 TIK | $1.48 | $1.99 | -25.45% |
10 TIK | $2.96 | $3.98 | -25.45% |
50 TIK | $14.82 | $19.88 | -25.45% |
100 TIK | $29.64 | $39.76 | -25.45% |
500 TIK | $148.22 | $198.82 | -25.45% |
1000 TIK | $296.45 | $397.64 | -25.45% |
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