USD to BDT Exchange Rate Today
US Dollar to Bangladeshi Taka conversion for the 200,000+ Bangladeshi-American community. Track live USD/BDT rates every 30 minutes for remittances, family support, or investments in Dhaka, Chittagong, Sylhet—leveraging mobile money and competitive transfer services.
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Frequently Asked Questions
What is the US Dollar to Bangladeshi Taka exchange rate?
The USD to BDT rate typically ranges between 100-120 BDT per 1 USD. Bangladesh Bank manages a crawling peg system, allowing gradual depreciation against the dollar. Bangladesh receives over $22 billion annually in remittances, with the US being a major source from the 200,000+ Bangladeshi-American community. The rate has gradually increased over time as the taka depreciates. Our converter shows real-time mid-market rates updated every 30 minutes.
How can Bangladeshi-Americans send money to Bangladesh?
Bangladeshi-Americans have excellent remittance options: specialized services like Remitly (popular for Bangladesh, fast bank transfers), Ria Money Transfer, Xoom (bKash, bank deposits), SendWave (low fees); traditional MoneyGram or Western Union (extensive agent network); mobile money (bKash, Rocket, Nagad); or bank transfers to BRAC Bank, Dutch-Bangla, Islami Bank. For Dhaka, Chittagong, Sylhet, or rural areas, mobile money is increasingly popular—compare total BDT received.
Why does the taka depreciate against the dollar?
BDT depreciation reflects: Bangladesh's trade deficit (high imports, especially energy/food), moderate inflation (5-8%), managed float policy by Bangladesh Bank allowing gradual depreciation, global dollar strength, and forex reserve management. The garment export boom helps but doesn't fully offset imports. For Bangladeshi diaspora, the climbing USD/BDT rate means more taka per dollar sent home—beneficial for remittances supporting families in Bangladesh.
Do US banks offer good rates for Bangladesh transfers?
No. US banks (Bank of America, Wells Fargo, Chase) rarely handle BDT directly and charge $40-50 international wire fees plus poor exchange rates—total cost can be 5-8% for small transfers. Dedicated Bangladesh remittance services are far superior: Remitly charges 1-3%, Ria/Xoom 1-4%, mobile money services $2-5. For the Bangladeshi-American community in New York, Detroit, Los Angeles, specialized services save 50-70% compared to banks.
When is the best time to send dollars to Bangladesh?
The taka gradually weakens, so dramatic timing opportunities are rare. For regular monthly family support, consistent transfers work well. For large transfers (property purchase in Dhaka/Chittagong, business investment, wedding expenses), watch Bangladesh Bank policy updates, inflation reports, and forex reserve announcements. Send when USD/BDT is higher (taka weaker) to maximize taka received. Many use rate alert apps to track favorable movements.