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![ALGO](https://img.bitgetimg.com/multiLang/coinPriceLogo/983df400861d7b0fdc76a72aca982da11710694956194.png)
BDT information
About Bangladeshi Taka (BDT)
The Bangladeshi Taka (BDT), introduced in 1972, is more than just the official currency of Bangladesh; it represents the country's journey through economic challenges and its aspirations for growth and stability. It is commonly abbreviated as BDT and represented by the symbol ৳. Replacing the Pakistani Rupee, the Taka was established following Bangladesh's independence, marking a significant step in the nation's quest for economic sovereignty.
Historical Background
The introduction of the Bangladeshi Taka was a pivotal development in the nascent nation’s history, reflecting its break from Pakistan and the establishment of an independent economic system. The Taka was integral to Bangladesh's efforts to build a self-reliant economy in the face of significant post-independence challenges.
Design and Symbolism
The design of the Bangladeshi Taka incorporates elements of the country’s rich cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, historic landmarks, and symbols representing Bangladesh's art and nature. These designs serve not only as a medium for financial transactions but also as emblems of national pride and identity.
Economic Role
The Taka plays a crucial role in Bangladesh’s economy, which includes key sectors like garments manufacturing, agriculture, and remittances. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of the Bangladeshi people.
Monetary Policy and Stability
Managed by the Bangladesh Bank, the nation's central bank, the Taka has navigated through various economic challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency, control inflation, and support sustainable economic growth, vital for maintaining public and investor confidence.
International Trade and the Bangladeshi Taka
In international trade, the stability of the Taka is crucial, particularly for Bangladesh's exports like ready-made garments, jute, and seafood. A stable Taka is vital for maintaining competitive export prices and managing the import of essential goods.
Remittances and Economic Impact
Remittances from Bangladeshis working abroad, particularly in the Middle East, Europe, and North America, are a significant source of foreign income. These remittances, converted into Takas, support many families and contribute to the national economy, providing a vital buffer against economic challenges.
ALGO to BDT conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
Bitget | ৳18.9 | 0.0003% / 0.0004% | |
Binance | ৳18.67 | 0.1000% / 0.1000% | Yes |
Kraken | ৳18.8 | 0.1000% / 0.1000% | Yes |
OKX | ৳18.67 | 0.080% / 0.100% | Yes |
Huobi | ৳18.69 | 0.1000% / 0.1000% | Yes |
Gate.io | ৳18.67 | 0.1000% / 0.1000% | Yes |
Bybit | ৳18.7 | 0.1000% / 0.1000% | Yes |
KuCoin | ৳18.68 | 0.1000% / 0.1000% | Yes |
Bitfinex | ৳18.8 | 0.1000% / 0.1000% | Yes |
How to buy Algorand
Buy ALGO (or USDT) for BDT (Bangladeshi Taka) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
R Refaya ![]() ![]() ![]() 1219 trades|Completion rate 96.00% | 20 BDT | Amount8.5 USDT Limit10 - 10 BDT | ![]() ![]() ![]() | |
C Crypto-King0068 ![]() ![]() ![]() 929 trades|Completion rate 98.00% | 110 BDT | Amount93.1 USDT Limit1100 - 1100 BDT | ![]() ![]() ![]() | |
R Refaya ![]() ![]() ![]() 1219 trades|Completion rate 96.00% | 110 BDT | Amount100 USDT Limit1100 - 2200 BDT | ![]() ![]() ![]() ![]() | |
T The_Legend ![]() 152 trades|Completion rate 97.00% | 120 BDT | Amount378.14 USDT Limit1210 - 3000 BDT | ![]() ![]() | |
A A B S ![]() 42 trades|Completion rate 98.00% | 120.19 BDT | Amount46.91 USDT Limit1000 - 8639 BDT | ![]() |
Sell ALGO (or USDT) for BDT (Bangladeshi Taka) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
D Didar_Traders ![]() 6 trades|Completion rate 100.00% | 177.68 BDT | Amount5 USDT Limit10 - 10 BDT | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | |
V VICTOR WAVE ![]() 987 trades|Completion rate 99.00% | 120.6 BDT | Amount61 USDT Limit2500 - 10000 BDT | ![]() | |
F FAST_EXCHANGE_24 ![]() 23 trades|Completion rate 100.00% | 120.6 BDT | Amount98287.72 USDT Limit5000 - 200000 BDT | ![]() | |
T TanvirHosan ![]() 13 trades|Completion rate 100.00% | 120.51 BDT | Amount80 USDT Limit5000 - 7900 BDT | ![]() | |
B BD Cash Out 100% ![]() 1121 trades|Completion rate 98.00% | 120.41 BDT | Amount95413.09 USDT Limit1000 - 25000 BDT | ![]() ![]() |
What factors influence the conversion rate of Algorand to Bangladeshi Taka?
Algorand to Bangladeshi Taka is falling this week.Conversion tables
The exchange rate of Algorand is decreasing.ALGO to BDT
BDT to ALGO
Today vs. 24 hours ago
Amount | 13:52 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ALGO | $0.08043 | $0.08355 | -3.73% |
1 ALGO | $0.1609 | $0.1671 | -3.73% |
5 ALGO | $0.8043 | $0.8355 | -3.73% |
10 ALGO | $1.61 | $1.67 | -3.73% |
50 ALGO | $8.04 | $8.36 | -3.73% |
100 ALGO | $16.09 | $16.71 | -3.73% |
500 ALGO | $80.43 | $83.55 | -3.73% |
1000 ALGO | $160.87 | $167.11 | -3.73% |
Today vs. 1 month ago
Amount | 13:52 today | 1 month ago | 1M change |
---|---|---|---|
0.5 ALGO | $0.08043 | $0.08705 | -7.60% |
1 ALGO | $0.1609 | $0.1741 | -7.60% |
5 ALGO | $0.8043 | $0.8705 | -7.60% |
10 ALGO | $1.61 | $1.74 | -7.60% |
50 ALGO | $8.04 | $8.7 | -7.60% |
100 ALGO | $16.09 | $17.41 | -7.60% |
500 ALGO | $80.43 | $87.05 | -7.60% |
1000 ALGO | $160.87 | $174.1 | -7.60% |
Today vs. 1 year ago
Amount | 13:52 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 ALGO | $0.08043 | $0.05807 | +38.52% |
1 ALGO | $0.1609 | $0.1161 | +38.52% |
5 ALGO | $0.8043 | $0.5807 | +38.52% |
10 ALGO | $1.61 | $1.16 | +38.52% |
50 ALGO | $8.04 | $5.81 | +38.52% |
100 ALGO | $16.09 | $11.61 | +38.52% |
500 ALGO | $80.43 | $58.07 | +38.52% |
1000 ALGO | $160.87 | $116.14 | +38.52% |
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