Foreign exchange rates serve as the financial backbone ofBangladesh, profoundly shaping international trade, remittance flows, overseas education, tourism, and critical import-export operations. Alongside the US dollar, exchange values for major currencies such as the British pound, euro, Indian rupee, Australian dollar, Singapore dollar, Chinese yuan, and Japanese yen remain essential barometers for individuals and businesses planning cross-border transactions.
According to data presented for 29 October 2026, the buying rate for the US dollar stood at BDT 123.60, with a selling rate of BDT 123.72. The British pound recorded a buying rate of BDT 164.73 against a selling rate of BDT 164.92, while the euro was quoted at BDT 138.91 for buying and BDT 139.06 for selling.
A critical nuance, however, underlines these figures. Although the list bears the header date of 29 October 2026, its documented last update traces back to 25 October 2026. This gap makes independent verification imperative to confirm whether these quotes remained active on 29 October. While Bangladesh Bank is referenced, these figures cannot be independently confirmed as the central bank’s official spot rates for that specific day.
The relationship between buying and selling prices—often termed the spread—is fundamental to understanding retail forex operations. The buying price represents the rate at which authorized dealers or commercial banks purchase foreign currency from customers. Conversely, the selling price denotes the rate charged when selling foreign currency to buyers.
This mechanism creates an inevitable margin. For instance, the US dollar’s selling price exceeded its buying price by 12 poisha in the published figures. Interestingly, both the Indian rupee and Japanese yen reflected identical buying and selling values at BDT 1.30 and BDT 0.78 respectively. In practical market conditions, effective exchange rates invariably fluctuate based on institutional policies, transaction modes, and added service fees.
The published buying and selling rates across key currencies are outlined below:
US Dollar: BDT 123.60 (Buying) | BDT 123.72 (Selling)
British Pound: BDT 164.73 (Buying) | BDT 164.92 (Selling)
Euro: BDT 138.91 (Buying) | BDT 139.06 (Selling)
Indian Rupee: BDT 1.30 (Buying) | BDT 1.30 (Selling)
Australian Dollar: BDT 85.83 (Buying) | BDT 85.99 (Selling)
Singapore Dollar: BDT 96.59 (Buying) | BDT 96.69 (Selling)
Chinese Yuan: BDT 18.48 (Buying) | BDT 18.51 (Selling)
Japanese Yen: BDT 0.78 (Buying) | BDT 0.78 (Selling)
(Note: The listed figures reflect provided figures and should not be considered verified, directly actionable bank rates for 29 October.)
The centrality of the US dollar to the domestic economy cannot be overstated. A significant portion of Bangladesh’s international debt settlements, sovereign import commitments, and commercial trade accounts are denominated in greenbacks. Fluctuations in the dollar rate directly dictate national import bills, commercial bottom lines, and ultimate retail prices. Beyond currency shifts, import costs are heavily modulated by global commodity prices, freight charges, and tariff structures.
Remittances sent by Bangladeshi expatriates represent another pillar of the macroeconomic framework. Exchange rates directly determine the local currency value received by families back home upon converting foreign earnings. Precise, timely rate monitoring is equally vital for families funding overseas tuition fees, medical expenses, or personal travel.
Financial experts advise individuals and corporate entities to exercise due diligence before executing foreign currency deals. Transaction dates must be verified against systemic updates, as rates often vary considerably across different commercial banks. Furthermore, physical cash transactions, telegraphic transfers, and remittance conversions carry distinct pricing structures. Secondary expenses—including commission charges, processing fees, and government levies—can significantly alter final settlement costs. For substantial transactions, directly contacting an authorised foreign exchange bank remains the most reliable route.