A practical foreign exchange and currency guide to Bangladesh
What's in this Bangladesh currency guide:
The official currency of Bangladesh is the Bangladeshi taka, with symbol ৳ and currency code BDT.
16 Sep 2022
02 Jul 2022
30 Sep 2021
01 Oct 2017
02 Oct 2012
05 Oct 2002
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Bangladeshi taka.
Bangladesh is braided together by more than 700 rivers, producing a deliciously lush landscape with more shades of green than you ever imagined. Travelling by boat is a way of life here, and provides a fabulous opportunity to see the country from a more unusual angle. Whether you’re travelling to hectic Dhaka or to the Sundarbans’ mangrove forests, boats large and small will help you explore Bangladesh’s riches. Bangladesh has the eighth largest population in the world, the official Bengali language is the tenth-most spoken language in the world, which Bangladesh shares with the neighboring Indian states of West Bengal and Tripura.
The Taka (BDT) is the official currency and is set by market forces.Until recently even exchange outlets would only change $US into Taka (BDT), but as the economy expands this has improved and so many other popular currencies are now accepted. Visa, MasterCard and AmEx are accepted at many shopping centres, hotels, restaurants and other tourist hotspots. However, you should always carry some cash with you just in case.
It’ll be a lot harder to find places that accept card payments once you venture out to more rural areas. ATMs and foreign exchange kiosks are also less common here, so be sure to withdraw enough cash ahead of time.
ATMs are widely available in major cities and tourist areas, but less so in villages and more rural areas. Most ATMs accept Visa (Plus), MasterCard (including Maestro and Cirrus) and AmEx. ATMs often offer the best exchange rate possible, because conversions are worked out using the mid-market rate. However, this only holds true if you perform the transaction in the local currency.
Citizens of most countries require a passport to gain entry so be sure to check on this before leaving. There are plenty of options for getting around while you are there, however long distance transport can be very busy so it can help to book ahead when possible. Try to have a time buffer as when transport gets very busy some timetables can be unreliable. Bus is a popular way to get around and is often cheap, but of also very crowded. Bangladesh has thousands of inland waterways so hiring a boat to get from one village to another is common practice and could make for a nice change of pace. Taking a river trip is a quintessential Bangladesh experience, and we recommend you do it as often as you can, from hand-poled river ferries to the old paddle-wheel steamers known as Rockets.
You’ll need a visa to enter Bangladesh. If your visit is for official, business, investment or tourism purposes, you may be eligible for a one-month visa-on-arrival. In other circumstances, you’ll need to get a visa before your travel.
The mangrove forests and tigers of the Sundarbans National Park are Bangladesh’s most famous attraction, but the country has a host of lesser-known attractions that are waiting to be discovered. Highlights include the Buddhist remains at Paharpur and the 15th-century mosques and mausoleums of Bagerhat, both of which are Unesco World Heritage Sites. While modern Bangladesh is majority Muslim, its hill tracts are still home to Buddhist and Christian Adivasi tribal peoples, while temples in Dhaka and beyond attest to the influence of Hindu culture on the country.
This isn’t a destination to be rushed. Poor infrastructure and an undeveloped tourist industry means that you’ll be left frustrated if you’re trying to travel in too much of a hurry.