The Bangladeshi taka (Bengali: ???? , sign: or Tk , code: BDT ) is the currency of the People's Republic of Bangladesh. Issues of banknote ? 10 and larger is controlled by Bangladesh Bank, and for ? 2 and ? 5 banknotes, which is the responsibility of the Ministry of Finance of the Bangladesh government. The most common symbols used for taka are Bengali texts "> " "and" Tk ", used on receipts when purchasing goods and services. ? 1 is divided into 100 poisha.
Video Bangladeshi taka
Etimologi
The word taka comes from Sanskrit ???? ? a? ka , "coins." In the Bengal region, the term is always used to refer to the currency. In the 14th century, Ibn Battuta realized that the people of the Bengal Sultanate referred to gold and silver coins as
The word taka in Bangla is also commonly used to mean money, currency, or any note. So, everyday language, someone who speaks in Bangla can use "taka" to refer to money regardless of what currency is entered. It 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 Assam it is "???" and it ???? in Orissa
Maps Bangladeshi taka
History
1947-71
After Bengal separation in 1947, in East Bengal, which later became the east wing of Pakistani unity and renamed East Pakistan in 1956, the Pakistani rupee also contained taka on official records and coins. Bangla was one of the two national languages ​​of Pakistani unity between 1956 and 1971 (the other being Urdu in West Pakistan). Taka Bangladesh emerged since 1972, a year after the independence of the east wing of the union, as an independent state of Bangladesh.
Before the 1971 Liberation War, Bank Negara Pakistan banknotes circulated throughout Bangladesh, and continued to be used in Bangladesh even after independence for only about three months until the official introduction of taka on 4 March 1972. During the war, it was the unofficial practice of some Bengali nationalists to protest the Pakistani government by printing banknotes with "Bengali Texts"> "and" BANGLA DESH "as two good words in Bangla or English. These locally produced stamps are known to exist in several varieties, such as counterfeiting. On June 8, 1971, the Pakistani government declared that all of the stamped notes were no longer valid instruments of payment. Furthermore, in order to prevent high denominational records from disturbing the economy of Pakistan, the government also withdrew the legitimate tender status of all 100 and 500 rupees of paper money.
Some foreign publications mention that there is a rubber stamp "BANGLA DESH" overprints on different denominations of Pakistan bank records during the final period. It can be mentioned that Pakistani stamps were stamped rubber and used throughout Bangladesh until March 30, 1973, but the Bangladesh Bank or Treasury Department never issued an order to print more or stamp the currency of Pakistan. It would be interesting to note here, that active counterfeiting gangs, using a "washing system", in which the Tk100 record was washed with a special liquid type, and the amount was changed to provide a Tk500 note view.
Since 1972
Treasury notes
- First treasury note in 1972 for ? 1 and records from Bangladesh Bank for ? 5, ? 10 and ? 100.
- In 1977, paper money for ? 50 was introduced, followed by ? 500 in 1979 and ? 20 in 1982.
- ? 1 treasury note was released until 1992, with ? 2 treasury notes were introduced in 1989.
- ? 5 banknotes, previously issued by Bangladesh Bank, are now issued by the Government of Bangladesh.
Paper money and issues
In 2000, the government issued a polymer ? 10 records as experiments (similar to Australian dollars). They proved unpopular, however, and were withdrawn later. Currently, the text ? 1 and ? 5 was gradually replaced with coins, and in 2008, the government issued ? 1000 records.
In 2011, Bangladesh Bank began issuing a new series of banknotes in the form of ? 2, ? 5, ? 100, ? 500, and ? 1000. Everything is dated in 2011 and features portraits and watermarks from Mr. Bangsa, Bangabandhu Sheikh Mujibur Rahman, along the National Martyrs' Monument at the Savar on the front.
From 2011, Bank of Bangladesh introduced new record in the form of ? 10, ? 20, and ? 50 on March 7, 2012. The record contains portraits of Bangabandhu Sheikh Mujibur Rahman and the National Martyrs' Monument at Savar on the front. Behind the note, ? 10 will describe Baitul Mukarram mosque, ? 20 pictures of Shat Gombuj mosque in Bagherat, and ? 50 notes featuring the famous Shilpacharya Jainul Abedin painting "Plowing."
banknote warning
In 2011, Bangladesh Bank also introduced the text ? 40 to commemorate "40th Anniversary of Victory of Bangladesh". The memorial notes feature portraits of Mr. Bangsa, Bangabandhu Sheikh Mujibur Rahman and the National Martyrs' Monument at Savar in front, and six armed men in the rear. Surprisingly, this record has an electrotype 10 in the watermark, suggesting it might be printed in additional ? 10 banknote paper.
On February 15, 2012, Bangladesh Bank has introduced ? 60 note to commemorate the "60th anniversary of the National Movement". The warning note is 130 x 60 millimeter (5.1 inches by 2.4 inches) and features Shaeed Minar (Martyrs monument) in Dhaka and five people behind. Like ? 40 note warning, this record has electrotype 50 in watermark. It may be printed in additional ? 50 banknote paper.
On January 26, 2013, Bangladesh Bank issued a note ? 25 to commemorate the 25th anniversary (Silver Jubilee) of Security Printing Corporation (Bangladesh) Ltd. Up front is the National Martyrs' Monument at Savar, the previous series designs of Bangladeshi taka notes and stamps, three spikes and a magpie (doyel). At the back is the headquarters of the Printing Security Company. Surprisingly, this record has an electrotype 10 in the watermark, suggesting it might be printed in additional ? 10 banknote paper.
On July 8, 2013, Bank of Bangladesh issued ? 100 note to commemorate the 100th anniversary of the National Museum of Bangladesh. This warning note features an 18th-century terracotta plaque from a horseman on the front and the National Museum of Bangladesh at the rear.
Coins
In 1973, coins were introduced in denominations of 5, 10, 25 and 50 poisha. 1 poisha coin followed in 1974, with ? 1 coin was introduced in 1975. Poisha 1, 5 and 10 were beaten in aluminum, with 25 and 50 poisha on steel and ? 1 in copper-nickel. 5 square-shaped poisha with rounded corners, and 10 poisha looted. Steel ? 5 was introduced in 1994, and steel ? 2 coins followed in 2004.
1 and 5 poisha coins are rarely found in the circulation. 10, 25, and 50 poisha coins are not widely circulated. Only ? 1, ? 2 and ? 5 are regularly found in the circulation.
Banknote
Rarely using banknotes from Bangladeshi taka is ? 1 (also drawn since 1992), ? 25, ? 40 and ? 60, and the most commonly used banknotes in circulation are ? 2, ? 5, ? 10, ? 20, ? 50, ? 100, ? 500 and ? 1000.
Bank of Bangladesh has retracted text ? 50 after spelling mistakes Shilpacharya Zainul Abedin ( ??????????? ) identified behind the note. The record was just introduced on March 7, so there is very little possibility that made it outstanding, even though 22.5 million pieces were printed.
Bangladesh Bank has issued a series of new banknotes, gradually erasing old designs for new, safer ones. All notes other than 1 taka show Sheikh Mujibur Rahman portrait on the front along with the National Martyrs' Memorial watermark.
Exchange rate
Historical exchange rate
After Bangladesh's independence, Bangladesh's taka value was set between 7.5 and? 8.0 to US $ 1. Except for fiscal year 1978, the value relative to the US dollar declined every year from 1971 to the end of 1987. To help compensate for this phenomenon, Bangladesh first used the compensation financing facility of the International Monetary Fund in the fiscal year 1974. Despite the increasing need for assistance, the Mujib government initially refused to comply with the IMF's provisions on monetary and fiscal policy. However, in fiscal year 1975, the government revised its position, declaring the devaluation of the taka by 56 percent and agreed to establish Bangladesh's World Bank Assistance Group.
Between 1980 and 1983, taka was down about 50 percent due to the worsening balance of payments in Bangladesh. Between 1985 and 1987, taka was adjusted by frequent, stable stages of about 12 percent lower in real terms against the US dollar, but at the same time narrowed the difference between the official rate and the preferential secondary level from 15 percent to 7.5 percent. The inclusion of this structural adjustment is an expansion in trade conducted at the intermediate level, up to 53 percent of total exports and 28 percent of total imports. By mid-1987, official figures were relatively stable, close to less than 31 to US $ 1. In January 2011, USD $ 1 equals about? 72, as of April 21st, 2012, US $ 1 is worth almost? 82, and as of September 9, 2015 US $ 1 is worth? 77.
Current exchange rate
See also
- Bangladesh Economy
- The Security Printing Corporation (Bangladesh) Ltd.
References
External links
- Bank of Bangladesh page in outstanding currency
- High-resolution scan of the Bangladeshi currency
- Bangladesh historic paper money
Source of the article : Wikipedia
0 Comments