Taka definitions
| Word backwards | akat |
|---|---|
| Part of speech | Taka is a noun. |
| Syllabic division | ta-ka |
| Plural | The plural of the word "taka" is "taka" as it is already a plural noun in its singular form. |
| Total letters | 4 |
| Vogais (1) | a |
| Consonants (2) | t,k |
Taka Overview
Taka is a form of currency used in Bangladesh, and it is represented by the symbol "৳". The term "taka" is derived from the Sanskrit word "tanka", which was an ancient Indian unit of measurement. The Bangladeshi taka has been the official currency of the country since 1971, when Bangladesh gained independence from Pakistan.
History of the Taka
The Bangladeshi taka was first introduced in 1971, and it replaced the Pakistani rupee at par. The currency has undergone several changes since its inception, including demonetization of certain banknotes to combat counterfeiting. The central bank of Bangladesh, known as the Bangladesh Bank, is responsible for issuing and regulating the taka.
Denominations of the Taka
The taka is subdivided into 100 poisha. Banknotes are available in denominations of ৳1, ৳2, ৳5, ৳10, ৳20, ৳50, ৳100, ৳500, and ৳1000. Coins are available in denominations of ৳1, ৳2, and ৳5. Each banknote and coin features different iconic figures and landmarks significant to Bangladesh.
Usage of the Taka
The taka is used for everyday transactions in Bangladesh, including buying goods and services. It is widely accepted throughout the country, and ATMs are available in major cities for easy access to cash. Foreign currencies can also be exchanged for taka at banks and authorized exchange offices.
Conclusion
In conclusion, the Bangladeshi taka is the official currency of Bangladesh and plays a crucial role in the country's economy. With its rich history and distinctive design, the taka continues to be a symbol of national pride and identity for the people of Bangladesh.
Taka Examples
- She gave him a taka to buy a snack.
- The taka is the currency of Bangladesh.
- They discussed the exchange rate of the taka.
- He wore a traditional taka pendant around his neck.
- The shopkeeper handed her a taka in change.
- The taka bill had a portrait of a famous leader.
- She donated a generous amount of taka to the charity.
- The cost of living in this city is 50,000 taka per month.
- He found a lost taka note on the street.
- The taka coin was minted in 1971.