Bangladeshi taka

"Taka" redirects here. For the Japanese given name, see Taka (given name). For the Filipino paper mache, see Taka (paper mache). For other uses, see Taka (disambiguation).

The Bangladeshi taka (Bengali: টাকা, sign: ৳, code: BDT, short form: Tk) is the currency of the People's Republic of Bangladesh. In Unicode, it is encoded at U+09F3 ৳ .

Bangladeshi taka

টাকা (Bengali)
Taka banknotes Sign
ISO 4217
Code	BDT (numeric: 050)
Subunit	0.01
Unit
Symbol	৳‎
Denominations
Subunit
1⁄100	Poisha (defunct)
Symbol
Poisha	p
Banknotes
Freq. used	৳5, ৳10, ৳20, ৳50, ৳100, ৳200, ৳500 and ৳1000
Rarely used	৳2
Coins
Rarely used	৳1, ৳2, ৳5 (no longer minted since 2013; still legal tender)
Demographics
User(s)	Bangladesh
Issuance
Central bank	Bangladesh Bank
Printer	The Security Printing Corporation Bangladesh Ltd.
Website	www.spcbl.org.bd
Mint	The Security Printing Corporation Bangladesh Ltd.
Valuation
Inflation	5.54%
Source	BBS, August 2021^[1]

Issuance of bank notes ৳10 and larger is controlled by Bangladesh Bank, while the ৳2 and ৳5 banknotes are the responsibility of the ministry of finance of the government of Bangladesh. The banknotes of Tk. 2 and Tk.5 have mostly been replaced by coins while lower denomination coins (including all poysha coins) up to Tk. 1 have almost gone out of circulation due to inflation.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).

Etymology

 

Jalaluddin's tanka (taka), Bengal Sultanate, 15th century

According to The American Heritage Dictionary of the English Language and Banglapedia, the word taka came from the Sanskrit word tankah.^[2][3] The word taka in Bangla is also commonly used generically to mean any money, currency, or notes. Thus, colloquially, a person speaking in Bangla may use "taka" to refer to money regardless of what currency it is denominated in. This is also common in the Indian states of West Bengal and Tripura, where the official name of the Indian rupee is "taka" as well. In other eastern Indian languages with the influence of Prakrit in Bihar it is "taka" in Maithili and Magadhi languages, in Assam it is টকা tôka and it is ଟଙ୍କା taṅkā in Odisha.

History

Further information: History of the taka

1947–71

After the Partition of Bengal in 1947, East Bengal became the eastern wing of Pakistan and was renamed to East Pakistan in 1956. The Pakistani rupee also bore the word taka on official notes and coins. Bangla was one of the two national languages of the Pakistan union between 1956 and 1971 (the other being Urdu). The Bangladeshi taka came into existence since 1972, a year after the independence of the eastern wing of the union, as the independent nation of Bangladesh.

Prior to the Liberation war in 1971, banknotes of the State Bank of Pakistan circulated throughout Bangladesh, and continued to be used in Bangladesh even after independence for only about three months until the official introduction of the taka on 4 March 1972. During the war, it was an unofficial practice of some Bengali nationalists to protest Pakistani rule by stamping banknotes with "বাংলা দেশ" and "BANGLA DESH" as two words in either Bangla or English. These locally produced stamps are known to exist in several varieties, as are forgeries. On 8 June 1971, the Pakistani government declared that all banknotes bearing such stamps ceased to be legal tender. Furthermore, to prevent looted high-denomination notes from disrupting the Pakistani economy, the government also withdrew the legal tender status of all 100- and 500-rupee notes.^[4]

Some foreign publications mention that there were rubber stamp "BANGLA DESH" overprints on different denominations of Pakistani bank notes during the a.m. period^{[clarification needed]}. Pakistani postage stamps were rubber-stamped and used all over Bangladesh until 30 March 1973, but Bangladesh Bank or the Ministry of Finance never issued an order to overprint or rubber-stamp Pakistani currency.^[5]

Since 1972

The taka was introduced in Bangladesh in 1972, replacing the Pakistani rupee at par.

Treasury banknotes

• The first treasury notes in 1972 for ৳1 and notes of the Bangladesh Bank for ৳5, ৳10 and ৳100.
• In 1977, banknotes for ৳50 were introduced, followed by ৳500 in 1979 and ৳20 in 1982.
• ৳1 treasury notes were issued until 1992, with ৳2 treasury notes introduced in 1989.
• ৳1000 banknotes were introduced in 2008.
• ৳5 banknotes, previously issued by Bangladesh Bank, are now issued by the Government of Bangladesh. These have mostly been replaced by coins since the early 2000s.

Banknotes and issues

In 2000, the government issued polymer ৳10 notes as an experiment (similar to the Australian dollar). They proved unpopular, however, and were withdrawn later. At present, the ৳1 and ৳5 notes have mostly been replaced with coins, and in 2008, the government issued ৳1,000 notes.

In 2011, Bangladesh Bank began issuing a new series of banknotes denominated in ৳2, ৳5, ৳100, ৳500, and ৳1000. All are dated 2011 and feature a portrait and watermark of the Father of the Nation, Bangabandhu Sheikh Mujibur Rahman, along the National Martyr's Monument in Savar at center front.^[6]

From 2011, the Bangladesh Bank introduced new notes denominated in ৳10, ৳20, and ৳50 on 7 March 2012. The notes bear the portrait of Bangabandhu Sheikh Mujibur Rahman and the National Martyr's Monument in Savar on the front. On the back of the notes, the ৳10 will picture the Baitul Mukarram mosque, the ৳20 pictures the Shat Gombuj mosque in Bagherat, and the ৳50 notes feature Shilpacharjo Zainul Abedin's famous painting Ploughing.^[7]

On March 7 of 2019, Bangladesh Bank released new ৳100 notes, which had the same design as 2011 Version, but had better security, a stronger Blue and were made of a different material.

On December 15 of 2019, Bangladesh Bank issued new ৳50 banknotes, with the same design as the 2011 version, but had a different colour (orange, brown and fluorescent yellow-green), and a slightly different design in some parts.

On March 17 of 2020, Bangladesh Bank introduced new ৳200 notes. They bear a portrait of Bangabandhu Sheikh Mujibur Rahman on both sides and a landscape picture of a village, river and boats.

Commemorative banknotes

In 2011, Bangladesh Bank also introduced a ৳40 note to commemorate the "40th Victory Anniversary of Bangladesh". The commemorative note features a portrait of the Father of the Nation, Bangabandhu Sheikh Mujibur Rahman and the National Martyr's Monument in Savar on front, and six armed men on back. Curiously, this note has an electrotype 10 in the watermark, indicating it was likely printed on extra ৳10 banknote paper.^[8]

On 15 February 2012, Bangladesh Bank has introduced a ৳60 note to commemorate "60 years of National Movement". The commemorative note measures 130 by 60 millimetres (5.1 in × 2.4 in) and features the Shaeed Minar (Martyrs' monument) in Dhaka and five men on the back. Like the ৳40 commemorative note, this note has an electrotype 50 in the watermark. It was likely printed on extra ৳50 banknote paper.^[9]

On 26 January 2013, Bangladesh Bank issued a ৳25 note to commemorate the 25th anniversary (silver jubilee) of the Security Printing Corporation (Bangladesh) Ltd. On the front is the National Martyr's Monument in Savar, the designs of the previous series of the Bangladeshi taka notes and its postage stamps, three spotted deer and the magpie-robin (doyel). On the reverse is the headquarters of the Security Printing Corporation. Curiously, this note has an electrotype 10 in the watermark, indicating it was likely printed on extra ৳10 banknote paper.^[10]

On 8 July 2013, Bangladesh Bank issued a ৳100 note to commemorate the 100th anniversary of the Bangladesh National Museum. The commemorative note features an 18th-century terracotta plaque of a horseman on the front and the Bangladesh National Museum on the back.^[11]

Coins

 

50 poysha from 1984 (left) and 25 poysha from 1980 (right).

In 1973, coins were introduced in denominations of 5, 10, 25 and 50 poysha. 1 poysha coins followed in 1974, with ৳1 coins introduced in 1975. The 1, 5 and 10 poysha were struck in aluminium, with the 25 and 50 poysha struck in steel and the ৳1 in copper-nickel. The 5 poysha were square with rounded corners, and the 10 poysha were scalloped. Steel ৳5 were introduced in 1994, and a steel ৳2 coin followed in 2004.

1 and 5 poysha coins are rarely found in circulation. The same is the case with the 10, 25, and 50 poysha coins, as they have lost value due to inflation over the years. Only the ৳1, ৳2 and ৳5 are occasionally found in circulation. Unlike most other countries, coins are not issued every year. The most recent coins, ৳1, ৳2 and ৳5, were issued in 2013.

1973 Series
Value	Composition	Description		First minted
		Reverse	Obverse
5 poysha	Aluminium	National emblem	A plough inside of a cogwheel engraved diagonally, "5-Five Poisha" and "Bangladesh" written in Bangla.	1973
10 poysha			Scalloped with serrated edges, a betel leaf in the middle with "Bangladesh" written on top and "Ten 10 poisha" written on the bottom in Bangla.
25 poysha	Steel		Curly pattern on the edges with a Rohu fish in the middle, "Bangladesh" written on top and "Twenty-five 25 poisha" written at the bottom in Bangla.
50 poysha			Dotted pattern on the edges with a dove/pigeon in the middle, "Bangladesh" written on the top and "Fifty 50 poisha" written at the bottom in Bangla.
1974 Series (FAO)
1 poysha	Aluminium	National emblem	Ornamental design, floral patterns	1974
5 poysha			A plough in the middle of a half-cogwheel saying the words "Increase production"
10 poysha			Serrated on scalloped edges, with flowers plants and running tractor with text saying "Green Revolution"
25 poysha	Steel		Fish, egg, bananas and a gourd with the text "Food for all"
50 poysha	Various		Fish, banana, chicken and pineapple in the middle circle	1977
1977 Series (FAO)
5 poysha	Aluminium	National emblem	Plough and cogwheel	1977
10 poysha			A family sitting facing each other
25 poysha	Steel		Royal Bengal tiger
50 poysha			Hilsha fish, chicken, pineapple, banana
Other issues
50 poysha (small)	Steel	National emblem	Hilsha fish, chicken, pineapple, banana	2001
৳1 (Line-edged)			A family figure, slogan "Planned family – Food for All"	2002
৳1 (Silver Jubilee Edition)	Brass		A family figure, slogan "Planned family – Food for All"	1996
৳2	Steel		Education for All slogan with two children studying	2004
৳5			Jamuna Multipurpose Bridge	1994
Last issues
৳1	Steel	National Emblem	Sheikh Mujibur Rahman	2010
৳2			Sheikh Mujibur Rahman	2010
৳5			Bangladesh Bank logo	2012
Special issues (uncirculated)
৳1 (Martyr's Edition)	Silver	Picture of the National Martyrs' Memorial and text which says "20th Victory Day of Bangladesh–1991"	A picture of the Bir Sreshtho with words "16th December–20th Victory Day"	1991
৳1 (Summer Olympics Edition)	Silver	National Emblem	Two athletes running with a fire torch with text "25th Olympic Games 1992"	1992
৳1	Silver	National Emblem	Two spotted deer with the heading "Endangered Wildlife"	1993
৳10 (Silver Jubilee of BB)	Silver	National Emblem	Picture of Bangladesh Bank with the title "Bangladesh Bank Silver Jubilee 1971–1996"	1996
৳10 (Silver Jubilee of BD)	Silver	National Martyrs' Memorial with the text "Silver Jubilee of Bangladesh's Victory"	Sheikh Mujibur Rahman with the same text on the coin's back	1996
৳10 (Bangabandhu Bridge Edition)	90% Silver and 10% Nickel	Martyr Statue with the title "Invincible Bangla" and heading "Inauguration of Bangabandhu Bridge 1998"	Picture of Bangabandhu Bridge with the same heading on the coin's reverse	1998
৳20 (Bangabandhu Bridge Edition)	Silver	Sheikh Mujibur Rahman with the heading "Inauguration of Bangabandhu Bridge 1998"	Picture of Bangabandhu Bridge with the same heading in the coin's reverse	1998
৳20 (IMD Edition)	Gold	Shaheed Minar with the date 21st February with heading International Mother Language Day	Logo of Bangladesh Bank	2000
৳10 (World Cup Edition)	Silver	The picture of the World cup with "Bangladesh Bank" written	ICC World Cup Logo with being held in Bangladesh in 2011	2011
৳10 (Rabindranath Edition)	Silver	A poem of Rabindranath Tagore and his autograph	Picture of Rabindranath Tagore with the title "150th Birth Anniversary of Rabindranath Tagore"	2011
৳10 (Bidrohi Edition)	Silver	A quotation from the poem Bidrohi and the autograph of the National Poet	Picture of young Kazi Nazrul Islam with the heading "90 Years of the poem Bidrohi 1921-2011"	2011
৳10 (Victory Edition)	Silver	Picture of 6 Muktijoddha waving guns with the title "40th Victory Anniversary of Bangladesh"	Picture of Sheikh Mujibur Rahman with the 7th March Speech quote with his name in English at the bottom	2011
৳100 (Museum Edition)	Silver	Logo of Bangladesh Bank with Bangla writing "Centenary of Bangladesh National Museum 1913–2013"	100 taka written on left and right with a terracotta plaque of 18th century horsemen	2013
৳100 (Mujib Centenary Edition	Gold and Silver (dual variant)	Logo of Bangladesh Bank with text "Father of the Nation Bangabandhu Sheikh Mujibur Rahman"	Portrait of Sheikh Mujibur Rahman with the text in Bangla	2020
৳50 (Golden Jubilee Edition)	Scallop-shaped in Gold	Big number "50" which has the logo of Bangladesh Bank inscribed in the number "0" with the heading "Golden Jubilee of Independence"	Portrait of Sheikh Mujibur Rahman with the heading in Bangla	2021
৳50 (Japan-Bangladesh Relations Edition)	Silver	National Martyrs' Memorial with the heading "Bangladesh-Japan Diplomatic Relations 50th Year Anniversary"	The same heading written in the middle with a logo and pictures of a cherry blossom on top and a water lily at the bottom	2022
৳100 (Padma Bridge Edition)	Scallop-shaped, silver	Picture of the Padma Bridge with the title "Padma Bridge–The symbol of National Pride" written in English	Portrait of Sheikh Mujibur Rahman with the title in Bangla	2023
**Poisha coins no longer minted since 2013 but all coins above 1 taka still legal tender.

Banknotes

Previous issues

 

Bangladeshi 500 & 1000tk banknotes.

First Series

Bangladesh introduced its first banknotes on 4 March 1972. At first 1 taka and 100 taka banknotes were introduced. Later 10 and 5 taka notes were added. This first issued series is commonly known as "Map Series". These banknotes are considered as emergency issue banknotes to replace the Pakistan rupee banknotes both with and without rubber stamp overprints.^[12]

Map Series (1972)
Image		Value	Description		Period
Obverse	Reverse		Obverse	Reverse
		৳1	Map of Bangladesh	Guilloche patterns and "1" in Bengali ("১")	4 March 1972-30 March 1974
		৳5	Map of Bangladesh and Bangabandhu Sheikh Mujibur Rahman	Guilloche patterns and "5" in Bengali and English	2 June 1972 – 1 April 1973
		৳10		Guilloche patterns and "10" in Bengali and English	2 May 1972-1 April 1973
		৳100		Guilloche patterns and "100" in Bengali on and English	4 March 1972-1 April 1973

Second Series

After issuing the first banknotes, there were many conspiracy theories, counterfeiting problems and rumours, so the government issued the second series. These second series banknotes were printed by Thomas De La Rue of England. First-issued banknotes were subsequently withdrawn from circulation by 30 April 1974 after having ceased to hold legal tender status from 30 March 1974.^[13]

Thomas De La Rue Series (1972)
Image		Value	Main Color	Description		First Issue
Obverse	Reverse			Obverse	Reverse
		৳1	Dark purple, light purple and khaki	Hand holding paddy rice	The emblem of Bangladesh	2 March 1973
		৳5	Red	Bangabandhu Sheikh Mujibur Rahman	Shapla flowers	1 September 1972
		৳10	Green		Rural landscape of riverine Bangladesh	2 June 1972
		৳100	Gray		Riverscape of rural Bangladesh	1 September 1972

Third Series

Bangladesh Government signed agreements with Thomas De La Rue and Bradbury Wilkinson at the same time. Both of them printed same denominations with different design almost at the same time. As a result, two different series were circulating at the same time.^[13]

Bradbury Wilkinson Series (1972)
Image		Value	Main Color	Description		First Issue
Obverse	Reverse			Obverse	Reverse
		৳1	Dark purple, light purple and khaki	Woman pounding grain	Hand holding paddy rice, and the emblem of Bangladesh	18 December 1973
		৳5	Red	Bangabandhu Sheikh Mujibur Rahman	Factories by a river	15 September 1972
		৳10	Green		Rural scene	15 October 1973

Fourth Series

During 1976 a completely new series of notes was introduced, with the exception of the 1-taka note, which was released as the second variety of the third issue during 1976. The notes of this issue are notable for the absence of the portrait of Sheikh Mujib, whose portrait had dominated all issues of the Bangladesh Bank until this issue. Instead of the familiar portrait, each note has an illustration of the Star Mosque on its front. 50 and 500 taka denomination was added in this series. 5,10,50 and 100 taka denominations were printed by Thomas De La Rue. 500 taka notes were printed by Giesecke and Devrient of Germany.^[14]

Star Mosque Series (1976)
Image		Value	Main Color	Description		First Issue
Obverse	Reverse			Obverse	Reverse
		৳5	Brown	Star Mosque	Factories by a river	11 October 1976
		৳10	Purple		Rice harvest	11 October 1976
		৳50	Orange		Tea garden	1 March 1976
		৳100	Orange and blue		River scene	1 March 1976
		৳500	Blue, purple and black		Supreme Court of Bangladesh	15 December 1976

Fifth Series

The fifth issue of banknotes was introduced over a two-year period from December 1977 to September 1979. The notes of this issue are very similar to those of the fourth issue; except the ‘Star Mosque’ was replaced on most notes by a new vignette and the colours of the notes are a little darker. There was no 500-taka note released in this issue, but a new denomination note of 20 taka was introduced on 20 August 1979, being the last note of this issue prepared by the Bangladesh Bank.^[14]

Fifth Series (1977)
Image		Value	Main Color	Description		First Issue
Obverse	Reverse			Obverse	Reverse
		৳1	Orange and yellow	The emblem of Bangladesh	Three spotted deer	3 September 1979
		৳5	Brown	Mihrab of the Kusumba Mosque	Factories by a river	2 May 1978
		৳10	Purple	Atia Mosque	Rice harvest	3 August 1978
		৳20	Green	Choto Sona Mosque	Jute washing	20 August 1979
		৳50	Orange	Sat Gambuj Mosque	Tea garden	4 June 1979
		৳100	Blue and brown	Star Mosque	Southern gate of Lalbagh Fort	15 December 1977

Sixth Series

During the 1980s, some designs of taka notes were introduced, but most of the designs were the same. A new denomination of taka 2 note was also introduced. 10 and 50 takas were redesigned. Other denominations were the same as the previous series.

1980s Banknotes
Image		Value	Main Color	Description		First Issue
Obverse	Reverse			Obverse	Reverse
		৳2	Salmon pink and green	Shaheed Minar	The doyel (the national bird)	29 December 1988
		৳10	Copper	Atia Mosque	Spillway of Kaptai Dam	3 September 1982
		৳50	Red	National Martyrs' Memorial	Jatiya Sangsad Bhaban	24 August 1987

Seventh Series

During the 90s newly designed banknotes of 10,50 and 500 taka were printed. 10 taka note had a portrait of Bangabandhu.

90s Series
Image		Value	Main Color	Description		First Issue
Obverse	Reverse			Obverse	Reverse
		৳10	Green and brown	Sheikh Mujibur Rahman and	Lalbagh Fort Mosque	11 December 1997
		৳50	Orange	Jatiya Sangsad Bhaban	Bagha Mosque	22 August 1999
		৳500	Blue and orange	National Martyrs' Memorial	Supreme Court of Bangladesh	2 July 1998

Eighth Series

This series was printed between 2000 and 2001. A polymer banknote of denomination 10 was added, but later withdrawn due to lack of popularity. Paper notes of denomination 100 and 500 were printed with new designs. A portrait of Sheikh Mujibur Rahman was added on each new note replacing the National Martyrs’ Memorial Monument.

Bangabandhu Series (2000)
Image		Value	Main Color	Description		First Issue
Obverse	Reverse			Obverse	Reverse
		৳10	Pink	Sheikh Mujibur Rahman and Baitul Mukarram National Mosque	Jatiya Sangsad Bhaban	2000
		৳100	Blue	Bangabandhu Sheikh Mujibur Rahman an Sixty Dome Mosque	Jamuna Bridge	15 March 2001
		৳500	Cream and Pink	Bangabandhu Sheikh Mujibur Rahman and Sat Gambuj Mosque	Supreme Court of Bangladesh	10 August 2000

Ninth Series

After a change in government new series of banknotes were introduced in 2002–2003. The portrait of Bangabandhu was absent in this series. In 2008, 1000 taka note was introduced for the first time.

Ninth Series
Image		Value	Main Color	Description		First Issue
Obverse	Reverse			Obverse	Reverse
		৳10	Pink	National emblem and Baitul Mukarram National Mosque	Jatiya Sangsad Bhaban	7 January 2002
		৳20	Green	Choto Sona Mosque	Washing jute	13 July 2002
		৳50	Yellow and copper	Jatiya Sangsad Bhaban	Bagha Mosque	12 May 2003
		৳100	Blue	National Martyrs' Memorial and Sixty Dome Mosque	Jamuna Bridge	5 June 2002
		৳500	Cream and pink	National Martyrs' Memorial and Sat Gambuj Mosque	Supreme Court of Bangladesh	17 July 2002
		৳1000	Pink	Shaheed Minar	Curzon Hall, Dhaka University	27 October 2008

Current circulating banknotes

The Bangladesh Bank has issued a new series of banknotes, phasing out the older designs for new, more secure ones. All banknotes other than the 1 taka feature a portrait of Sheikh Mujibur Rahman on the obverse along with the watermark of the National Martyrs’ Memorial.^[15]

Bangabandhu Series (Latest Issue)^[15] ^[16]
Image		Value	Dimensions	Main color		Description			Date of issue
Obverse	Reverse					Obverse	Reverse	Watermark
		৳2	100 × 60 mm		Tan & Green	Sheikh Mujibur Rahman	Shaheed Minar, Dhaka	National Martyrs’ Memorial and electrotype denomination	15 July 2021^[17]
		৳5	110 × 65 mm		Grey		Kusumba Mosque		5 January 2017
		৳10	115 × 65 mm		Pink		Baitul Mukarram National Mosque		7 March 2012
		৳20	120 × 65 mm		Green		Sixty Dome Mosque		7 March 2012
		৳50	131 × 65 mm		Orange		Ploughing (Zainul Abedin's painting)		15 December 2019
		৳100	139 × 65 mm		Blue		Star Mosque		9 August 2011
		৳200	139 × 65 mm		Yellow		Sheikh Mujibur Rahman, agriculture in Bangladesh		17 March 2020
		৳500	147 × 65 mm		Cyan		Agriculture in Bangladesh		9 August 2011
		৳1000	155 × 65 mm		Violet		Jatiya Sangsad Bhaban		9 August 2011

Commemorative banknotes

The folder of the banknote for the 40th anniversary of the independence of Bangladesh had a spelling error of the name of the country. It was inserted as Bangldesh instead of Bangladesh.^[18]

Commemorative banknotes of the Bangladeshi taka
Value	Dimensions	Main colors	Description		Year of issue	Date of first issue	Print volume	Watermark
			Obverse	Reverse
৳10		Violet on multicolor underprint	Atiya Jam-e Mosque in Tangali	Spillway of Kaptai Dam	1996			Modified tiger head; overprint on obverse watermark area: "VICTORY DAY SILVER JUBILEE '96"
৳40	122 x 60 mm	Dark red, orange, and green	Bangabandhu; National monument (Savar)	Soldiers	2011	21 December 2011		Sheikh Mujibur Rahman, electrotype 10 denomination and bank logo
৳60	130 x 60 mm	Yellow, brown, violet, orange, and blue	Shaheed Minar monument	Veterans of the Language Movement, first Shaheed Minar monument (1952)	2012	15 February 2012	20,000 (5000 in folders)	Sheikh Mujibur Rahman on pixelated background, electrotype bank logo and 50
৳25	123 x 60 mm	Blue, purple and red	National Martyr's Monument in Savar, Bangladeshi taka banknotes and postage stamps, three spotted deer, magpie-robin (doyel)	Headquarters of the Security Printing Corporation	2013	26 January 2013		Sheikh Mujibur Rahman, electrotype 10 denomination and bank logo
৳100	140 x 62 mm	Blue and red	18th-century terra-cotta plaque of a horseman	Bangladesh National Museum	2013	9 July 2013	100,000 (11,000 in folders)	Sheikh Mujibur Rahman on a pixelated background, electrotype 100 denomination and bank logo
৳70	140 x 62 mm	Purple, orange and green	Sheikh Mujibur Rahman; map of Bangladesh; National Martyrs' Memorial in Savar; Betbunia Satellite Center	Bangabandhu-1 satellite in orbit above earth; Padma Bridge; Prime Minister Sheikh Hasina; bank logo	2018	22 March 2018		Sheikh Mujibur Rahman on a pixelated background, electrotype 100 denomination and bank logo
৳100	140 x 62 mm	Red, orange and yellow	Portrait of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, Signature of Bangabandhu.	Picture of the Sundarbans mangrove forest with The Royal Bengal Tiger and the riverbank view	2020	18 March 2020^[19]		Sheikh Mujibur Rahman on a pixelated background, electrotype 100 denomination and bank logo
৳50		Purple, light yellow and green	Sheikh Mujibur Rahman; National Martyrs’ Monument in Savar; logo for the golden jubilee of independence	Freedom Fighters of the Liberation Army	2021			Sheikh Mujibur Rahman on a pixelated background, electrotype 50 and bank logo

Exchange rates

Historic exchange rates

Upon Bangladesh's independence, the value of the Bangladeshi taka was set between ৳7.5 and ৳8.0 to US$1. Except for fiscal year 1978, the taka's value relative to the US dollar declined every year from 1971 through the end of 1987. To help offset this phenomenon, Bangladesh first used the compensatory financing facility of the International Monetary Fund in fiscal year 1974. Despite the increasing need for assistance, the Mujib government was initially unwilling to meet the IMF's conditions on monetary and fiscal policy. By fiscal year 1975, however, the government revised its stance, declaring a devaluation of the taka by 56 percent and agreeing to establishing the Bangladesh Aid Group by the World Bank.^[20]

Between 1980 and 1983, the taka sustained a decline of some 50 percent because of a deterioration in Bangladesh's balance of payments.^[20] Between 1985 and 1987, the taka was adjusted in frequent incremental steps, stabilising again around 12 percent lower in real terms against the US dollar, but at the same time narrowing the difference between the official rate and the preferential secondary rate from 15 percent to 7.5 percent.^[20] Accompanying this structural adjustment was an expansion in trade conducted at the secondary rate, to 53 percent of total exports and 28 percent of total imports.^[20] In mid-1987, the official rate was relatively stable, approaching less than ৳31 to US$1.^[20] In January 2011, US$1 was equivalent to approximately ৳72,^[21] as of 21 April 2012, US$1 was worth close to ৳82, and as of 9 September 2015 US$1 valued ৳77.

Bangladeshi taka per currency unit averaged over the year (January of every year)

Currency	ISO code	1971	1981	1991	1996	2000	2001	2005	2007	2008	2009	2010	2011	2012	2013	2014	2015
U.S. dollar	USD	7.86	18.31	36.75	40.8	50.82	53.84	58.11	67.29	67.34	67.40	68.11	69.84	81.64	78.31	76.45	78.85
Japanese yen	JPY	0.02	0.09	0.27	0.38	0.48	0.46	0.56	0.55	0.62	0.74	0.74	0.84	1.06	0.88	0.73	0.64
Soviet ruble (until 1993) Russian ruble (1993 – present)	SUR RUB	14.93	29.00	55.12	8.16	1.85	1.91	2.17	2.62	2.79	2.14	2.31	2.35	2.66	2.63	2.29	1.20
Euro	EUR	–	–	–	–	51.48	50.57	76.37	87.45	98.99	90.01	97.28	93.26	105.26	103.98	104.22	89.26
Pound sterling	GBP	18.92	44.02	71.01	62.48	83.23	79.59	109.35	131.74	132.6	97.66	110.01	110.04	126.57	125.19	125.90	116.13
Swiss franc	CHF	1.8	10.08	28.89	34.63	31.97	33.07	49.38	53.73	60.99	60.23	65.87	73.1	86.91	84.7	84.66	81.26
Hong Kong dollar	HKD	1.31	3.53	4.68	5.28	6.53	6.9	7.45	8.62	8.62	8.69	8.77	8.97	10.51	10.1	9.85	9.86
Malaysian ringgit	MYR	2.55	8.23	13.54	15.97	13.37	14.16	15.25	19.12	20.54	18.86	20.06	22.71	26.14	25.68	23.14	21.41
Kuwaiti dinar	KWD	22.09	64.51	128.73	136.25	167.01	176.05	197.82	231.69	245.83	235.31	236.52	247.62	292.46	277.6	270.16	259.66
Saudi riyal	SAR	1.75	5.5	9.79	10.88	13.55	14.35	15.49	17.93	17.92	17.95	18.14	18.6	21.76	20.87	20.38	20.36
Emirate dirham	AED	1.65	4.89	9.96	11.11	13.84	14.65	15.82	18.31	18.33	18.34	18.54	19.01	22.22	21.31	20.81	20.82

See also

• Economy of Bangladesh
• The Security Printing Corporation (Bangladesh) Ltd.

References

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20. Lesser, Lawrence B. (1989). "Money and Banking". In Heitzman, James; Worden, Robert (eds.). Bangladesh: A Country Study. Washington, D.C.: Federal Research Division, Library of Congress. pp. 108–109. from the original on 22 June 2011. Retrieved 26 August 2016.
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• Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
• Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.

External links

• Bangladesh Bank's page on currencies in circulation 1 July 2017 at the Wayback Machine
• High resolution scans of Bangladeshi currency
• Historical banknotes of Bangladesh
• 51 Years Of Taka History : Notes In Circulation