CAD to BDT Exchange Rate Today
Canadian Dollar to Bangladeshi Taka conversion for Canada's 90,000+ Bangladeshi community. Track live CAD/BDT rates every 30 minutes for remittances from Toronto Scarborough, Montreal to Dhaka, Sylhet, Chittagong—leveraging bKash mobile money for instant transfers.
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Frequently Asked Questions
What is the Canadian Dollar to Bangladeshi Taka exchange rate?
The CAD to BDT exchange rate typically ranges between 78-95 BDT per 1 CAD. Canada has a significant Bangladeshi community (90,000+), particularly in Toronto's Scarborough and North York areas, Montreal, and other cities, making CAD/BDT an important Canadian remittance corridor. Bangladesh Bank manages a crawling peg allowing gradual taka depreciation. Bangladesh receives substantial remittances from Canada ($500M+ annually). Our converter shows real-time mid-market rates updated every 30 minutes.
How can Bangladeshis in Canada send money to Bangladesh?
Bangladeshi-Canadians have excellent options: Remitly (popular Canada-Bangladesh corridor, fast bank/mobile), XE Money Transfer, WorldRemit, MoneyGram or Western Union (extensive agent network); mobile money (bKash, Rocket, Nagad increasingly popular—instant delivery); Canadian-Bangladesh specialized services; or bank transfers to BRAC Bank, Dutch-Bangla, Islami Bank. For communities in Toronto Scarborough, Montreal, Hamilton sending to Dhaka, Sylhet, or Chittagong, mobile money offers instant delivery—compare total BDT received.
Why does the Canadian dollar buy so many taka?
CAD strength (1 CAD ≈ 82-95 BDT) reflects: Canada's developed economy vs Bangladesh's developing status, Canadian dollar's commodity backing (oil, metals), Bangladesh's trade deficit and moderate inflation, and gradual taka depreciation policy. For Bangladeshi-Canadians (taxi drivers, restaurant workers, students, professionals in Toronto/Montreal), the strong Canadian dollar provides excellent remittance value—your loonies support families substantially. Bangladesh's garment export boom helps but hasn't closed the currency gap.
Do Canadian banks give good rates for Bangladesh transfers?
No. Canadian banks charge 3-4% above mid-market plus $20-45 fees—expensive for regular family remittances. RBC, TD, Scotiabank, BMO, and CIBC all offer poor rates. Specialized Canada-Bangladesh services are far better: Remitly charges 1-3%, XE 1-2%, mobile money services minimal fees. For the 90,000+ Bangladeshi-Canadian community (especially Scarborough's large concentration), specialized services save 50-70% versus banks. Most send monthly support, so savings are substantial over time.
When is the best time to send Canadian dollars to Bangladesh?
The taka gradually weakens, so dramatic timing opportunities are limited. For regular monthly family support (very common in Bangladeshi-Canadian community), consistent transfers work well. For large transfers (property in Dhaka/Sylhet, wedding expenses, business investment), watch: Bangladesh Bank policy, inflation reports, Canadian economic data, and forex reserve levels. Send when CAD/BDT is higher (taka weaker) to maximize taka received. Rate alert apps help track favorable movements for major transfers.