Foreign exchange rates continue to play a significant role in Bangladesh’s economy, influencing remittance flows, international trade, imports, exports and a wide range of cross-border financial transactions. For millions of Bangladeshis who receive money from relatives working overseas, as well as businesses engaged in international commerce, daily currency movements can directly affect the value and cost of transactions.
On Thursday, 13 August, the published exchange rates showed the US dollar at Tk122.84 against the Bangladeshi taka. The euro was valued at Tk144.97, while the British pound stood at Tk166.77.
Among major Middle Eastern currencies, the Kuwaiti dinar recorded the highest value, with one dinar equivalent to Tk402.22. The Bahraini dinar was quoted at Tk327.86, while the Omani rial stood at Tk320.25. The Saudi riyal was valued at Tk33.00, and the United Arab Emirates dirham at Tk33.65.
Asian currencies also showed considerable differences in their value against the taka. One Malaysian ringgit was worth Tk30.20, while the Singapore dollar stood at Tk96.93. The Indian rupee was valued at Tk1.25. One Japanese yen was equivalent to Tk0.778, while the South Korean won stood at approximately Tk0.08701555.
Among currencies from the wider Asia-Pacific region, the Australian dollar was quoted at Tk87.41. The New Zealand dollar stood at Tk72.82, while the Canadian dollar was valued at Tk88.38. The South African rand, another widely traded currency in international markets, was quoted at Tk7.64.
The Swiss franc remained one of the higher-valued European currencies against the taka, at Tk148.76 per unit. The euro, used across much of the European Union, stood at Tk144.97.
| Currency | Value of 1 unit in taka |
|---|---|
| US dollar | Tk122.84 |
| Euro | Tk144.97 |
| British pound | Tk166.77 |
| Kuwaiti dinar | Tk402.22 |
| Bahraini dinar | Tk327.86 |
| Omani rial | Tk320.25 |
| Saudi riyal | Tk33.00 |
| UAE dirham | Tk33.65 |
| Malaysian ringgit | Tk30.20 |
| Singapore dollar | Tk96.93 |
| Japanese yen | Tk0.778 |
| South Korean won | Tk0.08701555 |
| Indian rupee | Tk1.25 |
| Australian dollar | Tk87.41 |
| New Zealand dollar | Tk72.82 |
| Canadian dollar | Tk88.38 |
| South African rand | Tk7.64 |
| Swiss franc | Tk148.76 |
Exchange rates are not fixed figures. They can move in response to international demand and supply for currencies, trade flows, remittance trends, foreign exchange reserves, interest-rate differentials, central-bank policies and broader developments in the global economy. Changes in international commodity prices and financial-market sentiment can also influence currency markets.
The rate published or indicated for a particular day should therefore be regarded as a reference rather than a guarantee of the price available for every transaction. Banks and authorised money changers may apply different buying and selling rates depending on the nature of the transaction, market conditions and their own applicable pricing arrangements.
The distinction is particularly relevant for people sending or receiving remittances, purchasing foreign currency for overseas travel, paying tuition or medical expenses abroad, or settling import and export obligations. The actual amount received or paid can differ from a headline reference rate because of the applicable buying or selling price and any related transaction charges.
For businesses, currency movements can also affect the cost of imported goods and raw materials, while exporters may see changes in the taka value of their overseas earnings. Similarly, fluctuations in major currencies can influence the amount families receive from overseas workers when remittances are converted into taka.
As a result, the rates reported for 13 August provide a snapshot of the prevailing currency values for the day. Anyone undertaking an actual foreign exchange transaction should verify the latest applicable rate with the relevant bank or authorised foreign exchange provider before completing the transaction.