Bangladeshi Taka

Bangladeshi Taka

The Bangladeshi taka (Bengali: টাকা, sign: ৳ or Tk, code: BDT) is the currency of the People's Republic of Bangladesh. Issuance of banknotes ৳10 and larger is controlled by Bangladesh Bank, and for the ৳2 and ৳5 banknotes, which are the responsibility of the Ministry of Finance of the government of Bangladesh. The most commonly used symbol for the taka is "৳" and "Tk", used on receipts while purchasing goods and services. ৳1 is subdivided into 100 poisha.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

83 Bangladeshi Taka to US Dollar exchange rates chart

83 BDT to USD exchange rates graph
83 BDT to USD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

83 BDT to USD exchange rates table

Exchange BDT to USD
83 Bangladeshi Taka = 0.990 US Dollar
166 Bangladeshi Taka = 1.981 US Dollar
415 Bangladeshi Taka = 4.952 US Dollar
830 Bangladeshi Taka = 9.905 US Dollar
Exchange Bangladeshi Taka to US Dollar
83 Bangladeshi Taka to US Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best BDT/USD rate at LA Currency in Los Angeles

83 BDT to USD exchange rates at LA Currency in Los Angeles
83 Bangladeshi Taka = 0.830 US Dollar
LA Currency
LA Currency

Frequently Asked Questions No, we do not have any fees and our adjusted, real-time exchange rates can be found on our website. You can always find out how much you will get for your currency or how much you will need to buy currency. Make sure to refresh the browser to get updated rates. Yes, we have free parking at both our locations that are in a shopping plaza with a convenient parking lot and a security personnel. Cash to cash is our preferred payment method. However, only debit cards...

83 BDT to USD exchange rates news

Local exporters on edge

Bangladesh has been losing its competitiveness in global trade as many of its competing countries' currencies have depreciated more than the taka. In the last one year, the local currency has lost 3.71 percent of its value against the US dollar, while the currencies of some other competing countries depreciated more than 10 percent. For instance, in the last one year, the Indian rupee depreciated 13.58 percent against the greenback, followed by the Indonesian rupiah at 12.79 percent, the Sri Lankan rupee at 11.39 percent and the Chinese yuan at 5.35 percent.

indicative positive
Bangladesh drafts new legislation seen targeting press freedom

Bangladesh has drafted a bill that would punish media outlets if they publish or broadcast anything deemed to be against the "public interest", in a move that journalists fear could further stifle press freedom in the south Asian country.

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6 things you should do to prepare for the next recession

Kirill Kolchanov/Strelka InstituteDon't change your investment strategy. Your long-term savings will regain their value over time.Market fluctuations are a

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Staggering photos show what daily life is really like in Dhaka, the most crowded city in the world

More than 19.5 million people live in Dhaka, the capital of Bangladesh. Daily life in Dhaka revolves around local markets and the Buriganga river.

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Bangladesh’s First Angel Investment Network Bangladesh Angels Launches In Dhaka
Bangladesh’s First Angel Investment Network Bangladesh Angels Launches In Dhaka

Bangladesh Angels, Bangladesh’s first angel investing network, has officially launched its operation in Dhaka. The platform aims to bring together the leaders in the local entrepreneurial ecosystem and global partners and nurture the innovation and entrepreneurship in Bangladesh by connecting startups to both local and global investors.

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There's something behind this market sell-off that no one is talking about: The strong dollar

Stocks investors are spooked about a lot of things, and the strong dollar biting into earnings growth is now one of them.

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The Dollar Keeps Getting Stronger. Here’s What That Means for You.

On Monday, the US dollar reached its highest level in a year and a half, as measured against a weighted basket of foreign currencies. You can now buy a Euro for just $1.12, and a British Pound for $1.29. What does that mean for Americans?

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Rupee drops 39 paise against US dollar as crude oil rebounds - Times of India

India Business News: Cutting short the 10-day selling trend, crude oil prices rose by around 1% to touch $71 per barrel mark after the world's largest oil exporter Saudi A

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Rupee recovers 22 paise to 72.67 against US dollar

Positive macro data which showed retail inflation dropping to a 13-month low in October also bolstered the market sentiment.

indicative negative

83 BDT to USD currency converter