Convert 1 Latvian Lats (LVL) to Bangladeshi Taka (BDT)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Latvian Lats (LVL) to Bangladeshi Taka (BDT) , a table containing most common conversions and a chart with the pair's evolution.
The Latvian Lats (LVL) to Bangladeshi Taka (BDT) 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 Latvian Lats and Bangladeshi Taka on 11/21/2024 is 1 LVL = 197.7253 BDT - AVERAGE intraday quotes were used for this currency conversion.
The Latvian official currency is the lats. Lats are each subdivided into santimi and there are commemorative coins distributed by the Bank of Latvia as well. The Lats is the fourth most valuable currency form in the world coming in behind only the Kuwaiti dinar, the Bahraini dinar and the Omani rial. The lats was reintroduced as the country’s official currency in 1993 after being replaced by the rublis for a short period of time. The Lats is currently under consideration to be replaced completely by the euro sometime in the near future.
About Bangladeshi Taka (BDT)
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.