EUR to BDT Exchange Rate Today
Euro to Bangladeshi Taka conversion for Europe's 200,000+ Bangladeshi diaspora. Track live EUR/BDT rates every 30 minutes for remittances from Italy, Spain, Portugal, Germany to Sylhet, Dhaka, Chittagong—leveraging mobile money for instant transfers.
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Frequently Asked Questions
What is the Euro to Bangladeshi Taka exchange rate?
The EUR to BDT exchange rate typically ranges between 115-135 BDT per 1 EUR. Europe has a growing Bangladeshi community (200,000+), particularly in Italy, Spain, Portugal, and Germany, making EUR/BDT an important European remittance corridor. Bangladesh Bank manages a crawling peg allowing gradual taka depreciation. Bangladesh receives substantial remittances from Europe ($1B+ annually from Eurozone). Our converter shows real-time mid-market rates updated every 30 minutes.
How can Bangladeshis in Europe send money to Bangladesh?
European Bangladeshis have excellent options: Ria Money Transfer (popular Europe-Bangladesh), Remitly (fast bank/mobile), Xoom, WorldRemit, MoneyGram or Western Union (extensive agent network); mobile money (bKash, Rocket, Nagad increasingly popular); European-Bangladesh specialized services; or bank transfers to BRAC Bank, Dutch-Bangla, Islami Bank. For communities in Rome, Milan, Lisbon, Barcelona, Madrid, Frankfurt sending to Sylhet, Dhaka, or Chittagong, mobile money offers instant delivery.
Why does EUR buy so many taka?
EUR strength (1 EUR ≈ 120-135 BDT) reflects: Eurozone's developed economy vs Bangladesh's developing status, euro's reserve currency role, Bangladesh's trade deficit and moderate inflation, and gradual taka depreciation policy. For European Bangladeshis (working in agriculture, manufacturing, services in Italy/Spain), the strong euro provides excellent remittance value—your euros support families substantially. Bangladesh's garment export boom helps but hasn't closed the currency gap.
Do European banks give good rates for Bangladesh transfers?
No. European banks charge 3-4% above mid-market plus €15-30 fees—expensive for regular family remittances. German banks (Deutsche Bank, Commerzbank), Italian banks (Intesa Sanpaolo, UniCredit), Spanish banks (BBVA, Santander), and Portuguese banks all offer poor rates. Specialized Europe-Bangladesh services are far better: Ria charges 1-3%, Remitly 1-2%, mobile money services minimal fees. For the 200K+ European Bangladeshi community, specialized services save 50-70% versus banks.
When is the best time to send euros to Bangladesh?
The taka gradually weakens, so dramatic timing opportunities are limited. For regular monthly family support (very common in European Bangladeshi community), consistent transfers work well. For large transfers (property in Dhaka/Sylhet, wedding expenses, business investment), watch: Bangladesh Bank policy, inflation reports, Eurozone economic data, and forex reserve levels. Send when EUR/BDT is higher (taka weaker) to maximize taka received. Rate alert apps help track favorable movements.