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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Sending 1,000.00 USD → BDT
Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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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?
New York Bangladeshis sending $500 monthly maximize value when dollar exceeds Tk120, gaining Tk60K versus Tk55K at Tk110. Bangladeshi Americans (200,000+ community) remit $24B annually to Dhaka, Chittagong, Sylhet families. Taka depreciation trends favor conversions; the Tk110-to-Tk120 spread translates to Tk5K monthly on $500 transfers—crucial for NYC or Michigan Bangladeshi diaspora supporting family needs, Dhaka real estate (Gulshan, Dhanmondi, Banani), or business investments in Bangladesh's $460B economy. Bangladesh Bank interventions offer timing windows during forex pressure.