Bangladesh Taka Exchange

BDT Exchange to Japanese yen in Osaka Japan

Exchange Bahraini Dinar for Japanese yen at Wasabi Exchange in Osaka Japan

We can even exchange old banknotes, or banknotes that are dirty, torn, or have scribble on them, which other stores won't accept.

Current Banknotes

「Today's Rate✖１００％」

※Attention※

Depending on the condition of the banknote (dirt, tears, scribble, etc.), the rate may be reduced or we may not be able to purchase it at all.

When exchanging current banknotes for Bangladeshi taka, the displayed rate is 100%. However, denominations under 100 rupees cannot be exchanged.

Bangladeshi taka banknotes in circulation are in poor condition compared to other countries, so when you receive your change,

check the bills whenever possible, and ask for them to be exchanged if they are dirty!

To exchange and cash Bangladeshi taka, come to Wasabi Exchange!

Basic Data on Bangladesh

Area:

147,000 square kilometers (about 40% of Japan)

Population:

171.19 million

Capital:

Dhaka (about 16.8 million)

GDP:

About $305.5 billion

Price increase rate:

9.42%

Trivia

According to the Bangladesh government, the country achieved a record GDP growth rate of 8.15% in fiscal year 2019 (July 2018 - June 2019).

The economy temporarily declined due to the impact of the spread of COVID-19, but is showing signs of recovery with a GDP growth rate of 7.1% in fiscal year 2022.

The export value of sewn products, which are driving economic growth, is expected to reach approximately $37.3 billion in fiscal year 2022, exceeding that of fiscal year 2021.

The proportion of sewn products in exports temporarily declined, from 85.1% in fiscal year 2021, but is showing an upward trend again, reaching 85.6% in fiscal year 2022.

Another backbone of Bangladesh's finances, overseas worker remittances, have declined to about $21 billion in FY2022, and are expected to only increase slightly in FY2023 compared to the same period of the previous year, due to factors such as the dissociation between the real and official remittance rates caused by the fall in the value of the Taka currency, which has led to an increase in remittances via irregular routes.

Bangladesh's foreign exchange reserves are on the rise until August 2022, and at their peak exceeded US$48 billion, equivalent to eight months of imports.

However, due to factors such as the trade deficit caused by Russia's invasion of Ukraine and the decrease in remittances from overseas workers, they are on a gradual decline, and as of December 2023, they are at US$19.17 billion.

The Bangladesh economy has structural vulnerabilities, as it relies on garment products for about 80% of its overseas remittances and exports.

In addition, as natural gas depletion is expected to lead to an increase in imports, mainly energy, diversification of industry and reform of the financial structure are issues for future sustainable development.