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Shiba Inu to Bangladeshi Taka Converter and calculator

Convert 1Shiba Inu (SHIB) to Bangladeshi Taka (BDT) equals ৳ 0.002342 | Bitget

BDT information

About Bangladeshi Taka (BDT)

The Bangladeshi Taka (BDT), introduced in 1972, is more than just the official currency of Bangladesh; it represents the country's journey through economic challenges and its aspirations for growth and stability. It is commonly abbreviated as BDT and represented by the symbol ৳. Replacing the Pakistani Rupee, the Taka was established following Bangladesh's independence, marking a significant step in the nation's quest for economic sovereignty.

Historical Background

The introduction of the Bangladeshi Taka was a pivotal development in the nascent nation’s history, reflecting its break from Pakistan and the establishment of an independent economic system. The Taka was integral to Bangladesh's efforts to build a self-reliant economy in the face of significant post-independence challenges.

Design and Symbolism

The design of the Bangladeshi Taka incorporates elements of the country’s rich cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, historic landmarks, and symbols representing Bangladesh's art and nature. These designs serve not only as a medium for financial transactions but also as emblems of national pride and identity.

Economic Role

The Taka plays a crucial role in Bangladesh’s economy, which includes key sectors like garments manufacturing, agriculture, and remittances. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of the Bangladeshi people.

Monetary Policy and Stability

Managed by the Bangladesh Bank, the nation's central bank, the Taka has navigated through various economic challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency, control inflation, and support sustainable economic growth, vital for maintaining public and investor confidence.

International Trade and the Bangladeshi Taka

In international trade, the stability of the Taka is crucial, particularly for Bangladesh's exports like ready-made garments, jute, and seafood. A stable Taka is vital for maintaining competitive export prices and managing the import of essential goods.

Remittances and Economic Impact

Remittances from Bangladeshis working abroad, particularly in the Middle East, Europe, and North America, are a significant source of foreign income. These remittances, converted into Takas, support many families and contribute to the national economy, providing a vital buffer against economic challenges.

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Bitget crypto-to-fiat exchange data shows that the most popular Shiba Inu currency pair is the SHIB to BDT, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BDT.

SHIB to BDT conversion rate trend

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In the past 1D, Shiba Inu has changed -6.97% to BDT. Based on the trend and price charts, Shiba Inu(SHIB) has changed -6.97% to BDT while Bangladeshi Taka(BDT) has changed % to SHIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
৳0.002341
0.0001% / 0.0004%vip-iconVIP
Binance
৳0.002330
0.1000% / 0.1000%
Yes
Coinbase Exchange
৳0.002332
0.1000% / 0.1000%
Yes
Kraken
৳0.002355
0.1000% / 0.1000%
Yes
OKX
৳0.002330
0.080% / 0.100%
Yes
Huobi
৳0.002335
0.1000% / 0.1000%
Yes
Gate.io
৳0.002332
0.1000% / 0.1000%
Yes
Bybit
৳0.002342
0.1000% / 0.1000%
Yes
KuCoin
৳0.002332
0.1000% / 0.1000%
Yes
Bitfinex
৳0.002364
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 18:00:41(UTC+0)

What factors influence the conversion rate of Shiba Inu to Bangladeshi Taka?

Shiba Inu to Bangladeshi Taka is falling this week.
Shiba Inu's current market price is ৳ 0.002342 per SHIB, with a total market cap of ৳ 1,379,967,857,361.52 BDT based on a circulating supply of 589,289,440,000,000 SHIB. The trading volume of Shiba Inu has changed by -17.01% (৳ -41,031,253,212.69 BDT) in the last 24 hours. Last trading day, SHIB's trading volume was ৳ 241,219,837,933.73.
Market cap
$12.60B
24h volume
$1.83B
Circulating supply
589.29T SHIB

Conversion tables

The exchange rate of Shiba Inu is decreasing.
1 SHIB is currently valued at ৳ 0.002342 BDT , which means buying 5 SHIB will cost ৳ 0.01171 BDT . Similarly, ৳1 BDT can be traded for 427.03 SHIB, and ৳50 BDT can be converted to 21,351.56 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Bangladeshi Taka has changed by -25.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.97%, reaching a high of 0.002583 BDT and a low of 0.002029 BDT . One month ago, the value of 1 SHIB was ৳ 0.003186 BDT , which represents a -26.50% change from its current value. Over the last year, Shiba Inu has changed by
+
0.001089BDT
, resulting in a change of +86.99% in its value.

SHIB to BDT

Amount
18:03 today
0.5 SHIB
0.001171
1 SHIB
0.002342
5 SHIB
0.01171
10 SHIB
0.02342
50 SHIB
0.1171
100 SHIB
0.2342
500 SHIB
1.17
1000 SHIB
2.34

BDT to SHIB

Amount18:03 today
0.5BDT213.52  SHIB
1BDT427.03  SHIB
5BDT2,135.16  SHIB
10BDT4,270.31  SHIB
50BDT21,351.56  SHIB
100BDT42,703.13  SHIB
500BDT213,515.63  SHIB
1000BDT427,031.27  SHIB
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Today vs. 24 hours ago

Amount18:03 today24 hours ago24h change
0.5 SHIB$0.{4}1069$0.{4}1149
-6.97%
1 SHIB$0.{4}2139$0.{4}2299
-6.97%
5 SHIB$0.0001069$0.0001149
-6.97%
10 SHIB$0.0002139$0.0002299
-6.97%
50 SHIB$0.001069$0.001149
-6.97%
100 SHIB$0.002139$0.002299
-6.97%
500 SHIB$0.01069$0.01149
-6.97%
1000 SHIB$0.02139$0.02299
-6.97%

Today vs. 1 month ago

Amount18:03 today1 month ago1M change
0.5 SHIB$0.{4}1069$0.{4}1455
-26.50%
1 SHIB$0.{4}2139$0.{4}2910
-26.50%
5 SHIB$0.0001069$0.0001455
-26.50%
10 SHIB$0.0002139$0.0002910
-26.50%
50 SHIB$0.001069$0.001455
-26.50%
100 SHIB$0.002139$0.002910
-26.50%
500 SHIB$0.01069$0.01455
-26.50%
1000 SHIB$0.02139$0.02910
-26.50%

Today vs. 1 year ago

Amount18:03 today1 year ago1Y change
0.5 SHIB$0.{4}1069$0.{5}5722
+86.99%
1 SHIB$0.{4}2139$0.{4}1144
+86.99%
5 SHIB$0.0001069$0.{4}5722
+86.99%
10 SHIB$0.0002139$0.0001144
+86.99%
50 SHIB$0.001069$0.0005722
+86.99%
100 SHIB$0.002139$0.001144
+86.99%
500 SHIB$0.01069$0.005722
+86.99%
1000 SHIB$0.02139$0.01144
+86.99%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.