Euro to Bangladeshi Taka — exchange rate

The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.

Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.

The Bangladeshi taka (৳) is the national currency used and issued in the Republic of Bangladesh. In the international arena, it is known as BDT. Until recently, 1 taka correlated to 100 coins – poysha.

Today, they are not used in circulation. The Bangladeshi taka 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.