Currency Exchange Rates in Bangladeshi Taka (December 18, 2024)
Currency Exchange Rates in Bangladeshi Taka: Currency exchange rates show how much one country’s money is worth in another’s. On December 18, 2024, here’s what some major foreign currencies are worth in Bangladeshi taka:
Traveling Abroad: If you’re traveling to another country, the exchange rate tells you how much foreign money you’ll get in exchange for your taka. A strong taka means you can get more foreign currency for the same amount of taka.
Currency Exchange Rates in Bangladeshi Taka
- 1 USD = 125.61 BDT
- 1 EUR = 132.91 BDT
- 1 GBP = 158.72 BDT
- 1 INR = 1.41 BDT
- 1 MYR = 27.90 BDT
- 1 SGD = 92.20 BDT
- 1 SAR = 31.87 BDT
- 1 CAD = 88.32 BDT
- 1 AUD = 80.62 BDT
- 1 KWD = 405.68 BDT
Why Are Exchange Rates Important?
Exchange rates are important for:
- Remittances: Bangladeshis working abroad send money home. A good exchange rate means more taka for their family.
- Business: For businesses that buy goods from other countries, the exchange rate affects prices.
- Travel: The exchange rate decides how much foreign money you’ll get when you travel.
Why Do Exchange Rates Change?
Rates change because of:
- Global economy: Economic conditions in big countries.
- Bangladesh’s economy: If Bangladesh grows, the taka can get stronger.
- Inflation: Rising prices can weaken the taka.
- Interest rates and politics: Changes in government or interest rates also affect rates.
Stay updated on exchange rates to make smarter financial choices!
Disclaimer: We do not guarantee that the information of this page is 100% accurate and up to date.
