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Some Currency Rate with Bangla Taka
As Bangladesh continues to expand its trade with various countries worldwide, the volume of currency exchanges has surged to support these business transactions. Additionally, Bangladeshi expatriates residing across the globe regularly remit foreign currency, further increasing the flow of international money transfers.
Foreign Exchange Bangla Taka
1. 1 USD 118.89 Tk
2. 1 Saudi riyal 31.55 Tk
3. 1 Malaysian Ringgit 25 Tk
4. 1 Brunei Dollar 86.92 Tk
5. 1 Italian Euro 128.30 Tk
6. 1 pound of Britain 149.71 Tk
7. 1 European Euro 128.30 Tk
8. 1 Australian dollar 78.65 Tk
9. 1 New Zealand dollar 71.48 Tk
10. 1 Singapore dollar 87.39 Tk
11. 1 UAE 1 dirham 32.16 Tk
12. 1 Omani Rial 1 305 Tk
13. 1 Canadian dollar 85.34 Tk
14. 1 Qatar Riyal 32.17 Tk
15. 1 Kuwaiti dinar 383.14 Tk
16. 1 Bahraini 1 dinar 311.11 Tk
17. 1 South African rand 6.44 Tk
18. 1 Japanese 1 Yen 00.743 Tk
19. 1 Chinese yuan 16.16 Tk
20. 1 Swiss Franc 128 Tk
21. 1 Indian rupee 1.40 Tk
22. 1 South Korean won 0.0869 Tk
23. 1 Ukraine hryvnia 2.96 Tk
Maximizing Profit from Money Transfers
To optimize the profitability of sending money, it’s crucial to monitor exchange rates closely. When the exchange rate is high, it becomes more advantageous to transfer money. Conversely, during lower rates, it might be wise to wait for a more favorable rate. This constant fluctuation necessitates regular updates and vigilance.
For those remitting money from abroad to Bangladesh, timing is essential. Keeping track of when the value of foreign currencies increases against the Bangladeshi taka can significantly enhance the amount received. Our website offers daily updates on currency rates, providing you with the latest information to make informed decisions.
Historical Context of Bangladeshi Currency
Bangladesh introduced its first paper notes on March 4, 1972, shortly after gaining independence. Initially, 1 taka and 100 taka notes were issued, followed by the 10 taka note on May 2, 1972, and the 5 taka note on June 2, 1972. Prior to this, Pakistani and Indian rupees were used for transactions. The inaugural notes featured the map of an independent Bangladesh, marking a significant milestone in the country’s financial history. At that time, the exchange rate of the Bangladeshi taka was set between 7.5 to 8 taka per 1 US dollar.
Understanding Global Currency Values
Among global currencies, the Kuwaiti Dinar stands as the highest valued currency. This is largely due to Kuwait’s substantial economic stability and its vast oil reserves, which are among the largest in the world. The strength of the Kuwaiti Dinar exemplifies the influence of economic resources and stability on currency value.
For the latest updates on the daily currency exchange rates of the Bangladeshi taka against other currencies, and to ensure you are making the most profitable decisions in your money transfers, visit our website regularly.
