Currency Converter

Bangladeshi Taka to US Dollar

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Bangladeshi Taka
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৳ —
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BDT to USD Exchange Rate Today

As of today, the mid-market exchange rate for the Bangladeshi Taka to US Dollar is 1 BDT = USD. This means one Bangladeshi taka buys approximately US dollars on the open currency market.

The table below shows common BDT amounts converted to USD at today's rate:

BDT Amount USD Value Notes
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About the Bangladeshi Taka (BDT) & US Dollar (USD)

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Bangladeshi Taka (BDT)

Bangladesh's official currency since 1972, issued by Bangladesh Bank. The symbol ৳ represents the taka, subdivided into 100 poisha, though poisha is rarely used in daily commerce today.

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US Dollar (USD)

The world's primary reserve currency, issued by the Federal Reserve. USD is used widely in international trade, remittances, and reserve holdings.

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Historical trend

Over the long term, the Bangladeshi taka has generally weakened against the US dollar, which means BDT to USD conversion usually yields fewer dollars over time.

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Managed float

The BDT operates under a managed float regime. Bangladesh Bank intervenes periodically to stabilise the exchange rate, balancing export competitiveness against inflation pressures.

How to Convert BDT to USD

BDT to USD conversion works by multiplying the Bangladeshi Taka amount by the current BDT to USD exchange rate.

The Method

BDT is the currency code for the Bangladeshi Taka. USD is the currency code for the US Dollar.

USD = BDT × Exchange Rate

To convert Bangladeshi Taka into US Dollars, multiply the BDT amount by the current BDT to USD rate shown in the calculator above.

How to Convert BDT into USD — Step by Step

1

Enter the BDT amount

Type the number of Bangladeshi Taka you want to convert, such as 1000.

2

Use the current exchange rate

Multiply the BDT amount by the latest available BDT to USD rate.

3

Read the result in USD

The converter instantly displays the equivalent value in US Dollars (USD).

BDT to USD Historical Exchange Rates

The table below shows reference historical BDT/USD rates for broader context. These values are static content unless you connect a separate historical exchange-rate API.

Year Avg. Rate (USD per BDT) Annual Change
2020 $ 0.01178 −1.2%
2021 $ 0.01175 −0.2%
2022 $ 0.01041 −12.9%
2023 $ 0.00921 −13.1%
2024 $ 0.00837 −10.0%
2025 $ 0.00824 −1.6%
2026 (YTD) $ 0.00818 −0.7%

The most significant depreciation occurred in 2022–2023, driven by post-pandemic import costs, rising global energy prices, and pressure on Bangladesh's foreign-exchange reserves.

Factors That Affect the BDT/USD Exchange Rate

Several economic forces drive the value of the Bangladeshi taka relative to the US dollar:

Remittances from abroad

Bangladesh is one of the world's top remittance-receiving nations. Millions of Bangladeshi workers in the Middle East, Europe, and the United States send money home each year. Higher remittance inflows increase the supply of foreign currency, which supports the taka.

Garment & textile exports (RMG sector)

The ready-made garments sector accounts for a large share of Bangladesh's export earnings. Strong global demand for Bangladeshi apparel brings in USD revenues and helps stabilise the exchange rate.

Import costs & trade balance

Bangladesh is a net importer of fuel, machinery, and raw materials, most of which are priced in US dollars. When import costs rise, demand for USD increases, putting downward pressure on the taka.

Bangladesh Bank policy & foreign reserves

Bangladesh Bank manages the taka through market interventions. The level of foreign-exchange reserves directly affects how much the central bank can support the domestic currency.

US Federal Reserve interest rates

When the Fed raises interest rates, global capital tends to flow toward USD-denominated assets, strengthening the dollar against many emerging-market currencies, including the taka.

5 Tips for Getting the Best BDT to USD Rate

  • 1 Use the mid-market rate as your benchmark. The mid-market rate shown in this converter is a useful baseline. Banks and transfer services usually add a margin on top.
  • 2 Compare exchange providers. Providers can offer different rates and fees, and the difference becomes meaningful on larger conversions.
  • 3 Avoid poor retail exchange counters. These often provide weaker rates than banks or licensed money exchangers.
  • 4 Convert during normal market periods. Pricing and liquidity are often more favorable during regular market hours.
  • 5 Watch for rate alerts. For larger conversions, a small improvement in the exchange rate can make a noticeable difference.

Frequently Asked Questions — BDT to USD

  • Fetching the latest BDT to USD rate...
  • The Bangladeshi Taka uses the symbol (Unicode U+09F3). In international contexts it is also written as BDT (ISO 4217 code).
  • Exchange rates fluctuate because of shifting supply and demand in global forex markets. Key drivers for BDT/USD include remittance flows, export earnings, import costs, Bangladesh Bank interventions, and broader USD strength driven by US monetary policy.
  • The Bangladeshi Taka is not fully freely convertible. Bangladesh Bank maintains a managed float system and places restrictions on some capital account transactions.
  • Enter the amount of Bangladeshi Taka in the top field and the equivalent in US Dollars updates instantly. You can also use the quick buttons for common amounts.
  • Use our USD to BDT converter for the reverse direction.