BDT to EUR Exchange Rate - Convert Bangladesh Taka to Euro

Converting from Bangladesh Taka (BDT) to Euro (EUR)

What is Bangladesh Taka (BDT)

The Bangladesh Taka (BDT) is the official currency of Bangladesh. It was introduced in 1972, replacing the Pakistani Rupee after the country gained independence. The name "Taka" is derived from the Sanskrit word "tanka," which means "silver coin." The symbol for Taka is "৳," and it is subdivided into 100 poisha.

The Taka is issued and regulated by the Bangladesh Bank, which is the central bank of the country. It helps stabilize the economy and manages inflation rates. Since its introduction, the Taka has undergone several changes in terms of design and denominations. Notes are available in various denominations—2, 5, 10, 20, 50, 100, 500, and 1000 Taka—while coins are available in 1, 2, 5, and 10 Taka.

The value of the Taka can fluctuate against foreign currencies, influenced by factors such as economic performance, trade balance, and inflation. As such, understanding how to convert BDT to other currencies is essential for individuals and businesses engaged in international transactions.

What is Euro (EUR)

The Euro (EUR) is the official currency of the Eurozone, which includes 19 of the 27 European Union (EU) member countries. It was introduced to facilitate economic cooperation and make trade easier among member nations. The Euro symbol is "€," and it is divided into 100 cents.

The Euro is managed by the European Central Bank (ECB), which aims to maintain price stability and regulate monetary policy within the Eurozone. The introduction of the Euro has simplified finances for millions of people in Europe, as it allows for easier travel and trade without the need to exchange different currencies.

The strength of the Euro is often seen as a reflection of the economic conditions in the Eurozone. Factors such as interest rates, economic growth, and political stability all play a role in determining the value of the Euro against other currencies.

Converting BDT to EUR

When converting from BDT to EUR, one must consider the exchange rates, which fluctuate daily based on market conditions. The exchange rate is often influenced by supply and demand factors in the forex market, economic indicators, and geopolitical events.

To convert Taka to Euros, you can use the following formula:

Amount in EUR = (Amount in BDT/Exchange Rate (BDT to EUR))

For instance, if the exchange rate is 80 BDT per Euro and you want to convert 800 BDT, you would do:

Amount in EUR = (800 BDT/80 BDT/EUR) = 10 EUR

To ensure that you receive a fair exchange rate, it's advisable to check multiple sources such as banks, currency exchange services, or online forex platforms. Understanding these basics will help you effectively convert between Bangladesh Taka and Euro, whether for travel, business, or personal finance.

Bangladesh Taka to Euro conversion table

BDT to EUR conversion table

Bangladesh Taka (BDT)Euro (EUR)
1 BDT0.00726653699 EUR
2 BDT0.01453307397 EUR
3 BDT0.02179961096 EUR
4 BDT0.02906614795 EUR
5 BDT0.03633268494 EUR
6 BDT0.04359922192 EUR
7 BDT0.05086575891 EUR
8 BDT0.0581322959 EUR
9 BDT0.06539883288 EUR
10 BDT0.07266536987 EUR
100 BDT0.7266536987 EUR
200 BDT1.45330739741 EUR
300 BDT2.17996109611 EUR
400 BDT2.90661479482 EUR
500 BDT3.63326849352 EUR
600 BDT4.35992219223 EUR
700 BDT5.08657589093 EUR
800 BDT5.81322958964 EUR
900 BDT6.53988328834 EUR
1 000 BDT7.26653698705 EUR
2 000 BDT14.53307397409 EUR
5 000 BDT36.33268493524 EUR
10 000 BDT72.66536987047 EUR
20 000 BDT145.33073974094 EUR
50 000 BDT363.32684935236 EUR
100 000 BDT726.65369870472 EUR
Last updated May 20, 2025 at 08:55 PM