Search results
Results from the WOW.Com Content Network
Until Bangladesh Liberation War in 1971, the Pakistani rupee was the currency of the country. After the independence of Bangladesh, the first Bangladeshi currency was issued on March 4, 1972. [1] The government currency was named taka, later "৳" was designated as the sign or symbol of Taka. The minimum unit of money fixed is one rupee.
Revaluation – Official increase in the value of a country's currency within a fixed exchange-rate system Capital appreciation – Increase of value of finance over time (Accounting term) Currency carry trade – Uncovered interest arbitrage (investors borrow low-yielding currencies and lend (invest in) high-yielding currencies).
Revaluation is a change in a price of a good or product, or especially of a currency, in which case it is specifically an official rise of the value of the currency in relation to a foreign currency in a fixed exchange rate system. In contrast, a devaluation is an official reduction in the value of the currency.
Template calculates a value of Indian Rupees, which you can enter, to another currency and then presents the results. Template parameters [Edit template data] This template prefers inline formatting of parameters. Parameter Description Type Status Rupee value 1 The value, in Indian Rupees, that needs to be converted. The template will not accept pre-formatted values (i.e. 1,234). Example ...
The first treasury notes in 1972 for ৳ 1 and notes of the Bangladesh Bank for ৳ 5, ৳ 10 and ৳ 100. In 1977, banknotes for ৳ 50 were introduced, followed by ৳ 500 in 1979 and ৳ 20 in 1982. ৳ 1 treasury notes were issued until 1992, with ৳ 2 treasury notes introduced in 1989. ৳ 1000 banknotes were introduced in 2008.
The template supports inflation calculation, by way of {{}}.If the second parameter is used, to specify a year, and this year is within a certain range of available inflation data (specifically, if 1960 ≤ year < 2021), the equivalent value represented in 2021 rupee will be calculated in parentheses.
The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.
The Bangladeshi 2-taka note (৳2) is made up of hundred 200 poisa as ৳2 = 200 poisa. Currently, it is one of government-issued Bangladeshi banknote in circulation. As a result, the two taka note is a note bearing the signature of the Finance Secretary and not the Governor of the national bank of the country.