Bangladesh Currency – Taka

The Taka is the official currency of Bangladesh. In Bangladesh, the symbol t (or Tk, in English) is used to represent taka.

The word is derived from the Sanskrit tanka, an ancient denomination of silver coin. The term taka was widely used in different parts of India but with varying meanings. In north India, taka was a copper coin equal to two paisa and in the south, it was equal to four paisa or one anna. It was only in Bengal where taka was equal to the rupee. In all areas of India, taka was used informally for money in general. But Bengal was the stronghold of taka.

Rupee was introduced by the Turko-Afghan rulers and was strongly upheld by the Mughals and the British rulers. The Bengali people always used the word taka for the rupee, whether silver or gold. Ibn Batuta, the famous Moroccan traveler, noticed that, in Bengal, people described gold coins (Dinar) as gold tanka and silver coin as silver tanka. In other words, whatever the metallic content of the coin, the people called it taka.Bangladesh Currency

The taka became Bangladesh currency in 1972, replacing the Pakistani rupee.

Currently, there are notes of the denominations taka 1, 2, 5, 10, 20, 50, 100 & 500. Just after the liberation notes of taka 1, 5, 10 & 100 were in circulation. The other notes were introduced later. In the course of time there are many changes in the notes regarding design, size, and security features. Here are the pictures of the first circulated notes of each denomination, which many of us have never seen before.

Bangladesh currency

1 Taka

Obverse – A hand holding opulent stalks of paddy Reverse – National Emblem

Bangladesh currency 1 taka note Date of Issue: 02-03-1973

 

2 Taka
Obverse-Picture of the National Bird-Doyel Reverse-Picture of Shahid Minar of the Language Movement

Date of Issue: 29-12-1988

 

Bangladesh currency : 5 Taka
Obverse – Portrait of Sheikh Mujibur Rahman Reverse- An Industrial Landscape with a river

Date of Issue: 1972

 

10 Taka
bverse – Portrait of Sheikh Mujibur Rahman and the map of Bangladesh

Reverse – A typical and picturesque rural landscape of riverine Bangladesh.
Date of Issue: 02-06-1972

 

Bangladesh currency : 20 Taka
Obverse- Choto Sona Mosque appearing on the right hand side

Reverse – A picture showing 4 men washing jute in water beside a paddy field

Date of Issue: 20-08-1979

 

Bangladesh currency : 50 Tk
Obverse -TARA Mosque, Dhaka. (The Star Mosque)

Reverse – Scene of a typical Tea garden.

Date of Issue: 01-03-1976

 

100 Taka
Obverse – Portrait of Sheikh Mujibur Rahman

Reverse – A typical & picturesque rivers cape of rural Bangladesh

Date of Issue: 01-09-1972

 

500 Taka
Obverse – TARA Mosque, Dhaka. (The Star Mosque)

Reverse – The Supreme Court Building, Dhaka.

Date of Issue: 15-12-1976

 

Bangladesh currency : 1000 Taka

 

Bangladesh currency : Interesting Facts

In the Taka. 20 note security features have been changed, but the design remains the same.

Number of design or security pattern change is highest for the Tk. 10 notes. It has been changed 9 times, and is the only polymer note circulating in Bangladesh.

No change has been made in the Taka. 2 note since the beginning.

The Taka. 1 and Taka 2 notes are issued by the Government of Bangladesh. These are called Treasury notes, and signed by the Secretary of Finance.

The rest of the notes are issued by Bangladesh’s central bank, the Bangladesh Bank. These are known as Bank notes and signed by Governor of Bangladesh Bank.

At present, the Tk. 1 Taka 2 and Taka 5 notes are gradually being replaced with coins.

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