Convert 5588 Bangladeshi Taka (BDT) to Japanese Yen (JPY)
Exchange rates used for currency conversion updated on December 11th 2024 ( 12/11/2024 )
Below you will find the latest exchange rates for exchanging Bangladeshi Taka (BDT) to Japanese Yen (JPY) , a table containing most common conversions and a chart with the pair's evolution.
The Bangladeshi Taka (BDT) to Japanese Yen (JPY) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Bangladeshi Taka and Japanese Yen on 12/11/2024 is 1 BDT = 1.2687 JPY - AVERAGE intraday quotes were used for this currency conversion.
The Bangladeshi Taka is the official currency of Bangladesh. Issued and controlled by the Bangladesh central bank, known simply as the Bangladesh Bank, and is symbolized in currency trading as BDT and in monetary transactions with the symbol Tk. The word "taka" is also used in general reference to money itself in other languages such as Bengali, therefore hearing the word "taka" may be in reference to the BDT or simply as a general reference to any amount of money.
Each taka is made of 100 poisha. There are minted coins in 1, 5, 10, 25, and 50 poisha as well as 1, 2, and 5 taka. The 1,5,10,25, and 50 poisha coins are not common with the 1 and 5 poisha coins the most rare. Most everyday transactions use the 1, 2, and 5 taka coins. There are 2, 5, 40, 100, 500, and 1000 taka banknotes in official circulation. These most recent notes in circulation were issued in 2011.
The BDT is a floating currency, most commonly compared to the USD.
About Japanese Yen (JPY)
Under the monetary policy and issuance directives of the Bank of Japan the JPY, when measured by value, is the world's third largest reserve currency and fourth most traded currency in open currency markets. It is the official currency of Japan and has shown contrarian resilience against world markets initially in the 1980's and more recently in the 2008 world credit crisis as the Bank of Japan retains there command economic policies while refusing to engage in economic stimulus.
