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For other uses, see Taka (disambiguation).

The Taka is the official currency of Bangladesh. Also, in neighboring India, speakers of Bengali and Assamese use the term taka to refer to the Indian Rupee. In Bangladesh, the symbol ৳ (or Tk, in English) is used to represent taka; for example, ৳৫০, ৳50 or Tk 50 would represent 50 taka. It is subdivided into 100 paise (sometimes spelled poisha)

Contents 1 History 2 Denominations 2.1 Coins 2.2 Treasurynotes 2.3 Banknotes 3 Issuance 4 External links

[edit] History

The word is derived from the Sanskrit tanka which was an ancient, even in medieval times, 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 paise 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 noticed that, in Bengal, people described gold coins (Dinar) as gold tanka and silver coin as silver tanka. In other words, whatever might be the metallic content of the coin, the people called it taka. This tradition has been followed to this day in Assamese and Bengali speaking regions like Bangladesh, West Bengal and Assam.

The taka became Bangladesh's currency in 1972, replacing the Pakistani rupee at par.

[edit] Denominations

[edit] Coins

• 1 poisha (rarely circulated)
• 5 poisha (rarely circulated)
• 10 poisha (rarely circulated)
• 25 poisha(not widely circulated)
• 50 poisha(not widely circulated)
• 1 taka
• 2 taka
• 5 taka

The denominations of the Bangladeshi taka previously in circulation are:

Circulating Coins
Image	Value	Diameter	Weight	Composition	Obverse	Reverse	Minted Year
Image:Bangladesh 02.gif	10 paise	?? mm	?? g	??	??	??	1983
Image:Bangladesh 04.gif	5 paise	?? mm	?? g	??	??	??	1973
Image:Bangladesh 05.gif	25 paise	?? mm	?? g	??	??	??	1983
Image:Bangladesh 07.gif	10 paise	?? mm	?? g	??	??	??	1978
Image:Bangladesh 08.gif	5 paise	?? mm	?? g	??	??	??	1978
Image:Bangladesh 10.gif	10 paise	?? mm	?? g	??	??	??	1979
Image:Bangladesh 12.gif	50 paise	?? mm	?? g	??	??	??	1984
Image:Bangladesh 13.gif	10 paise	?? mm	?? g	??	??	??	1983
Image:Bangladesh 14.gif	25 paise	?? mm	?? g	??	??	??	1999

[edit] Treasurynotes

• 1 taka
• 2 taka

[edit] Banknotes

• 5 taka
• 10 taka
• 20 taka
• 50 taka
• 100 taka
• 500 taka

In the late 90's, the government issued polymer 10-taka notes as an experiment (similar to the Australian dollar). They proved unpopular, however, and were withdrawn later. At present, the 1-taka and 5-taka notes are gradually being replaced with coins.

[edit] Issuance

The 1 and 2 taka notes are issued by the Government of Bangladesh. The rest of the notes are issued by Bangladesh's central bank, the Bangladesh Bank.

[edit] External links

• Bangladesh Bank's page on currencies in circulation

Currencies of Asia and the Pacific
Central	Afghan afghani | Kazakhstani tenge | Kyrgyzstani som | Mongolian tugrug | Russian ruble | Tajikistani somoni | Turkmenistani manat | Uzbekistani som
East	Chinese yuan | Hong Kong dollar | Japanese yen | Macanese pataca | North Korean won | South Korean won | New Taiwan dollar
South-East	Brunei dollar | Cambodian riel | Indonesian rupiah | Lao kip | Malaysian ringgit | Myanmar kyat | Philippine peso | Singapore dollar | Thai baht | US dollar (East Timor) | Vietnamese đồng
South	Bangladeshi taka | Bhutanese ngultrum | Indian rupee | Maldivian rufiyaa | Nepalese rupee | Pakistani rupee | Sri Lankan rupee
West	Armenian dram | Azerbaijani manat | Bahraini dinar | Cypriot pound | Egyptian pound | Georgian lari | Iranian rial | Iraqi dinar | Israeli new sheqel | Jordanian dinar | Kuwaiti dinar | Lebanese lira | Omani rial | Qatari riyal | Saudi riyal | Syrian pound | Turkish new lira | UAE dirham | Yemeni rial
Pacific	Australian dollar (Kiribati, Nauru, Norfolk Island, Tuvalu) | CFP franc (French Polynesia, New Caledonia, Wallis and Futuna) | Cook Islands dollar | Fijian dollar | New Zealand dollar (Cook Islands, Niue, Tokelau, Pitcairn Islands) | Papua New Guinean kina | Samoan tala | Solomon Islands dollar | Tongan pa'anga | US dollar (American Samoa, Guam, Northern Mariana Islands, Marshall Islands, Federated States of Micronesia, Palau) | Vanuatu vatu
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ca:Taka de:Taka es:Taka fr:Taka nl:Taka (munteenheid) ja:タカ (通貨) no:Taka pl:Taka simple:Taka sv:Taka tg:Такаи Бангладеш