Bangladeshi Taka to Euro

The Bangladeshi taka (sign ৳, code BDT) is the national currency used and issued in the Republic of Bangladesh. Until recently, 1 taka correlated to 100 coins – poysha. Today, they are not used in circulation.

The Bangladeshi taka has appeared in 1972. Before that, the republic was in the Pakistan union and used the Pakistani rupee. While issuing commemorative banknotes devoted to the 40th anniversary of the currency, there has been made an unpleasant mistake in the name of the country. Afterwards, it was fixed, but the notes now are part of different private collections.

The euro (sign: €, code: EUR, number: 978) is the official currency of the Eurozone. Presently, the Eurozone comprises 19 EU states and several non-EU microstates and special territories, such as the Vatican or the Republic of Kosovo. The euro has replaced the former accounting currency European Currency Unit (ECU).

The non-cash form of the euro currency came into existence in 1999. Physical euro banknotes and coins entered into circulation in 2002. The European currency is second in international interbank turnover, succumbing only to the US dollar.