Taka
| Bangladeshi taka | |
|---|---|
| টাকা (Bengali) | |
৳1000 banknote (obverse)
|
|
| ISO 4217 | |
| Code | BDT |
| Denominations | |
| Subunit | |
| 1/100 | poisha |
| Symbol | ৳ |
| poisha | p |
| Banknotes | |
| Freq. used | ৳2, ৳5, ৳10, ৳20, ৳50, ৳100, ৳500 & ৳1000 |
| Rarely used | ৳1 |
| Coins | |
| Freq. used | ৳5 |
| Rarely used | ৳1, ৳2 & 50p |
| Demographics | |
| User(s) |
 Bangladesh
|
| Issuance | |
| Central bank | Bangladesh Bank |
| Website | www |
| Printer | The Security Printing Corporation Bangladesh Ltd. |
| Website | www |
| Mint | The Security Printing Corporation Bangladesh Ltd. |
| Valuation | |
| Inflation | 6.17% |
| Source | BBS, August 2015 |
The Bangladeshi taka (Bengali: টাকা, sign: ৳ or Tk, code: BDT) is the currency of the People's Republic of Bangladesh. Issuance of banknotes ৳10 and larger is controlled by Bangladesh Bank, and for the ৳1, ৳2 and ৳5 banknotes, which are the responsibility of the Ministry of Finance of the government of Bangladesh. The most commonly used symbol for the taka is "৳" and "Tk", used on receipts while purchasing goods and services. ৳1 is subdivided into 100 poisha.
The word taka is derived from the Sanskrit term tangka (ṭaṃka), which was an ancient denomination for silver coins. In the region of Bengal, the term has always been used to refer to currency. In the 14th century, Ibn Battuta noticed that people in the Bengal Sultanate referred to gold and silver coins as taka instead of dinar.
The word taka in Bangla is also commonly used generically to mean any money, currency, or notes. Thus, colloquially, a person speaking in Bangla may use "taka" to refer to money regardless of what currency it is denominated in. This is also common in the Indian states of West Bengal and Tripura, where the official name of the Indian rupees is "taka" as well.
After the Partition of Bengal in 1947, In East Bengal which later succeeded being the eastern wing of Pakistan union renamed to East Pakistan in 1956, the Pakistani rupee also bore the word taka on official notes and coins. Bangla was one of the two national languages of the Pakistan union between 1956 and 1971 (the other being Urdu in West Pakistan). The Bangladeshi taka came into existence since 1972, a year after the independence of the eastern wing of the union, as the independent nation of Bangladesh.
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