BDT / NGN
Bangladeshi Taka / Nigerian Naira
10.7881
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-0.12%(-0.0127) 1D
Oct 10, 2:22:19 AM UTC
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Profile
The taka is the currency of Bangladesh.
Issuance of banknotes of ৳10 and larger is controlled by Bangladesh Bank, while the ৳2 and ৳5 government notes are the responsibility of the Ministry of Finance. The government notes of Tk. 2 and Tk. 5 have mostly been replaced by coins, while lower denomination coins up to Tk. 1 have almost gone out of circulation due to inflation. The most commonly used symbol for the taka is "৳" and "Tk", used on receipts while purchasing goods and services. It is divided into 100 poysha, but poysha coins are no longer in circulation. The poysha is still used for accounting purposes.
On 8 May 2024, the central bank placed the taka in a crawling peg to the US dollar, with a rate of 117 takas per US dollar. Wikipedia