Bangladeshi taka

Bangladeshi taka
টাকা (Bengali)
SignTaka banknotes
ISO 4217
CodeBDT (numeric: 050)
Subunit0.01
Unit
Symbol
Denominations
Subunit
1100Poisha
(defunct)
Symbol
Poishap
Banknotes
 Freq. used5, 10, 20, 50, 100, 200, 500 and 1000
 Rarely used1 and 2
Coins
 Freq. used৳1, ৳2, ৳5
Demographics
Date of introduction4 March 1972; 52 years ago (1972-03-04)
ReplacedPakistani rupee
User(s) Bangladesh
Issuance
Central bankBangladesh Bank
PrinterThe Security Printing Corporation Bangladesh Ltd.
 Websitewww.spcbl.org.bd
MintThe Security Printing Corporation Bangladesh Ltd.
Valuation
Inflation9.41%
 SourceBBS, August 2021[1]

The Bangladeshi taka (Bengali: টাকা, sign: , code: BDT, short form: Tk) is the currency of Bangladesh. In Unicode, it is encoded at U+09F3 BENGALI RUPEE SIGN.

Issuance of banknotes 10 and larger is controlled by Bangladesh Bank, while the 2 and 5 banknotes are the responsibility of the ministry of finance. The banknotes of Tk. 2 and Tk.5 have mostly been replaced by coins while lower denomination coins (including all poysha coins) up to Tk. 1 have almost gone out of circulation due to inflation.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 (e.g., Tk 123,456.78 for 123,456 taka and 78 poysha).

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.[2]

  1. ^ "Inflation". Bangladesh Bank. Archived from the original on 8 February 2022.
  2. ^ Devnath, Arun (8 May 2024). "Bangladesh Introduces Crawling Peg for Taka as Rates Raised". Bloomberg. Archived from the original on 9 May 2024. Retrieved 9 May 2024 – via Financial Post.