Rate direction
US dollar to Bangladeshi taka · USD/BDT trend
Review the recent market direction, current mid-market rate and significant movement alerts.
90-day market context
USD to BDT is at 90-day highs near 123.4, just above its 3-month average, having traded in a stable 0.8% range from 122.4 to 123.4
Currency Forecasts related to USD/BDT
USD to EUR Exchange Rate Forecast & Outlook
Currently, USD/EUR is trading near 0.8776, about 1.3% above its 3-month average, finding support around the range-highs. Risk-off sentiment driven by geopolitical tensions and safe-haven demand for the euro supports this level.
USD to BDT Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Bangladeshi taka across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-BDT interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
best Send Money conversion rate for USD to BDT?
The best USD to BDT exchange rate is 122.65 from XE. This is -0.6% compared to the mid-market rate 123.39.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Bangladeshi taka (BDT) rates from different sources before making a conversion.
The above Dollar to Taka comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest USD-BDT mid-rate and the possible savings of using various providers.
How do USD-BDT rates compare between providers?
Looking at the full USD to BDT - Send Money comparison table the provider with the best USD to BDT exchange rate is XE at 122.65, -0.6% from the latest mid-market rate 123.39.
The next best is Wise at 122.59, -0.65% from the mid-rate.
Then Western Union at 120.92, which is -2% from the mid-rate.
Among the banks the Chase Bank rate is 112.28 at -9% the Wells Fargo Bank rate is 111.54 at -9.6% and the Citibank rate is 117.22 at -5% compared to the mid-rate 123.39.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.