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INR to BDT: Indian Rupee to Bangladeshi Taka

Live INR to BDT exchange rate today - 1 INR equals 1.2952 BDT, with an instant two-way converter for Indian Rupee to Bangladeshi Taka.

Today's INR to BDT Exchange Rate

1 INR = 1.295200 BDT

1 BDT = 0.7721 INR

Updated: September 3, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

1.2952 Bangladeshi Taka

Last updated: September 3, 2026

This INR to BDT rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Bangladeshi Taka (BDT) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is BDT (Bangladeshi Taka)?

Moved to a 'crawling peg' system in May 2024, an IMF-program condition transitioning Bangladesh from a managed rate toward a more market-determined one in stages, rather than a sudden full float.

Key Facts

  • ISO code: BDT
  • Symbol: เงณ
  • Subunit: 100 poisha = 1 taka
  • Issued by: Bangladesh Bank

Why Does the INR/BDT Exchange Rate Change?

The INR/BDT rate moves every trading day, driven mainly by:

  • Bangladesh Bank's crawling peg mechanism - introduced in May 2024 under IMF program conditions, it adjusts a daily mid-rate within limits rather than fixing or fully floating the taka.
  • Bangladesh's foreign exchange reserves, which came under significant pressure in recent years and shaped the move toward this system.
  • Garment export revenue - Bangladesh's economy leans heavily on textile and garment exports, a major source of foreign currency.
  • Remittances from the large Bangladeshi overseas workforce, another major foreign currency source.
  • India-Bangladesh trade flows, a substantial and growing bilateral relationship.
  • RBI intervention and rupee-side factors.

Frequently Asked Questions

Is the Bangladeshi Taka pegged to the US Dollar?

Not exactly. Bangladesh Bank introduced a 'crawling peg' system in May 2024, an IMF-linked reform that lets the taka adjust gradually within limits around a set mid-rate, a deliberate middle step between a hard peg and a full market float.

Why did Bangladesh change its exchange rate system recently?

Years of holding the taka artificially stable drained foreign exchange reserves, especially as remittance and trade patterns shifted. The crawling peg, adopted under IMF program conditions, was meant to let the rate adjust more realistically without the shock of moving straight to a full float.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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