Currency profile
Bangladeshi Taka (BDT)
The Bangladeshi taka (BDT) is the official currency of Bangladesh, divided into 100 poisha (a subunit now nominal and no longer used in practice). It moved to a market-based, managed float in 2025 and is a major UAE remittance corridor.
The Bangladeshi Taka today
Mid-market · as of 6:11 PM GST
The taka moved to a market-based, managed float in 2025, so its rate against the dollar and the dirham is now set by the market rather than a fixed rate. Bangladesh is one of the UAE’s largest remittance corridors.
Exchange-rate regime
Market-based, managed float. In May 2025 Bangladesh Bank moved the taka to a market-based exchange rate, letting supply and demand set its value while retaining the ability to intervene. This replaced the crawling peg introduced in 2024, part of reforms tied to an IMF-supported programme.
The issuing central bank
Bangladesh Bank, established in 1971, is the central bank and issues the taka (the 1- and 2-taka notes are issued by the Ministry of Finance).
History
- 1972The taka was introduced on 4 March 1972, replacing the Pakistani rupee at par after independence.
- 2024Bangladesh Bank introduced a crawling peg for the taka in May 2024.
- 2025In May 2025 the taka moved to a market-based, managed float under an IMF-supported programme.
Coins and banknotes
One taka is divided into 100 poisha. Coins: Poisha and low-value taka coins are little used in practice. Banknotes: 5, 10, 20, 50, 100, 200, 500 and 1,000 taka, issued by Bangladesh Bank.
Popular Bangladeshi Taka pairs
What moves it
- The taka now floats on a managed, market-based basis, so its rate reflects supply and demand with occasional Bangladesh Bank intervention.
- Bangladesh is one of the world’s largest recipients of remittances, and the UAE is a major source (World Bank).
- Import costs, especially energy and food, and foreign-currency reserves influence the currency.
Structural facts reviewed 8 August 2026 · reviewed quarterly. Sources: Bangladesh Bank · World Bank. Live rates are mid-market — see our Methodology and Editorial Policy.