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The official name of Bangladesh is the People’s Republic of Bangladesh. Their currency is known as the Bangladeshi Taka, which can be denoted as Tk. Tk1 is divided into 100 “poisha”.
The word taka in Bangla has been used since the 14th century, and colloquially is used in broad generic terms to mean any money, currency, or notes, regardless of what currency it is denominated in.
Since Bangladesh gained its independence from Pakistan in 1971, Bangladesh’s economy has been growing at a fast rate, hoping to become a middle income country by its 50th birthday in 2021.
The name Bangladesh means country of Bengal in the local language. Bangladesh is fondly known as the playground of seasons, as it has 6 seasons instead of 4. These are known as which it calls grismo (summer), barsha (rainy), sharat (autumn), hemanto (cool), sheet (winter), and bashonto (spring).
The Bangladeshi Taka is the official currency of The People’s Republic of Bangladesh. The ISO 4217 currency code for the Bangladeshi Taka is BBD.