taka Antonyms
No Synonyms and anytonyms found
Meaning of taka
Wordnet
taka (n)
the basic unit of money in Bangladesh; equal to 100 paisa
taka Sentence Examples
- The taka is the official currency of Bangladesh, denoted by the symbol "৳" or the currency code "BDT".
- The taka was introduced in 1972 after Bangladesh gained independence from Pakistan.
- The value of the taka has fluctuated over the years, with recent exchange rates hovering around 85 taka to the US dollar.
- The taka is divided into 100 paise, with coins available in denominations of 50 paise and 1, 2, and 5 taka.
- Paper bills are issued in denominations ranging from 1 to 500 taka, with the most common banknotes being 50, 100, and 500 taka.
- Bangladesh Bank is the central bank responsible for issuing and regulating the taka.
- The taka is used for all monetary transactions within Bangladesh, including the purchase of goods and services.
- It is also widely accepted as a form of payment in neighboring countries, such as India and Nepal.
- The Bangladeshi government has implemented several policies to stabilize the value of the taka, including limiting foreign exchange transactions and encouraging foreign investment.
- The taka is a symbol of Bangladesh's national sovereignty and is a matter of pride for the Bangladeshi people.
FAQs About the word taka
the basic unit of money in Bangladesh; equal to 100 paisa
No synonyms found.
No antonyms found.
The taka is the official currency of Bangladesh, denoted by the symbol "৳" or the currency code "BDT".
The taka was introduced in 1972 after Bangladesh gained independence from Pakistan.
The value of the taka has fluctuated over the years, with recent exchange rates hovering around 85 taka to the US dollar.
The taka is divided into 100 paise, with coins available in denominations of 50 paise and 1, 2, and 5 taka.
