1000 Bangladesh taka to Nigerian naira Exchange Rate | BDT to NGN - XTransfer

1000Bangladesh taka to Nigerian naira exchange rate

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BDT to NGN

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1 BDT = 11.3657 NGN

06:31 Exchange Rate

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BDT to NGN AI Predictive Analysis

XTransfer is China’s leading B2B cross-border trade finance platform. It provides small, medium, and micro enterprises with secure, convenient, and low-cost international payment collection solutions—featuring zero account-opening fees and zero transaction fees. New users can register to receive up to RMB 200,000 in free foreign-exchange settlement quota. The current BDT/NGN market is volatile, focusing on macroeconomic and policy changes, and AI forecasts can help users grasp the trend.

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As of March 27, 2026

Forecast time range:	The next 1-2 weeks
Operating Recommendations:	Buy on dips, but pay close attention to risk management.
Market sentiment:	Neutral to optimistic
Analysis of influencing factors:	Federal Reserve policy, inflation data, and geopolitics
Technical Brief Review:	The price is trading above a key support level, suggesting upside potential.
Trend forecasting:	Short-term volatile upward movement
Recent volatility:	Medium
Potential resistance level:	11.50
AI Confidence Index:	Higher
Potential support level:	11.25

AI analysis is for reference only. Please judge based on actual conditions.

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1 USD to CNY Historical Exchange Rate Trends

1 USD = -- CNY

21:47 Exchange Rate

USD - CNY+0%

History

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Bangladesh taka Exchange Rate Conversion Table

BDT	USD	CNY

1 BDT	0.0081542	0.056291
10 BDT	0.081542	0.56291
25 BDT	0.203855	1.407275
50 BDT	0.40771	2.81455
100 BDT	0.81542	5.6291
500 BDT	4.0771	28.1455
1000 BDT	8.1542	56.291
5000 BDT	40.771	281.455
10000 BDT	81.542	562.91

BDT - Bangladeshi Taka

The Bangladeshi Taka was introduced in 1972, accompanying the country's economic reconstruction process after independence. As the official currency of Bangladesh, the Taka plays a core role in the agricultural-dominated economic structure and is also an important carrier of remittances from overseas workers. The design of its coin often reflects national traditions and historical figures, highlighting cultural identity.

Supporting unit:1 Taka = 100 Poisha
Denomination of banknotes:2, 5, 10, 20, 50, 100, 500, 1000 BDT
Reserve currency:No, it has not yet become a major reserve currency.
Banknote material:Cotton paper, featuring anti-counterfeiting marks and security threads.
Metal composition:Copper-nickel alloy and nickel-silver alloy
Currency symbol:৳
Paper currency size:Approximately 150mm × 70mm, with slight variations in dimensions depending on the denomination.
language:en
Main unit:Taka
ISO code:BDT
Currency name:Bangladeshi Taka
Exchange Rate System:Managed floating exchange rate system, where the central bank intervenes in the market to maintain stability.
Central Bank:Bangladesh Bank
Safe-haven currency:No, it is restricted by the economic structure.
Coin denomination:1, 2, 5 Zaire, 1, 2, 5 Taka coins
Countries of Use:The official currency of Bangladesh.
Cross-border payment:The Bangladeshi taka supports international transfers through the SWIFT network, but it is used less frequently in cross-border payments as international trade is primarily settled in US dollars and euros. Bangladesh is actively promoting the use of its local currency in regional trade, especially in trade cooperation with neighboring countries like India.

NGN - Nigerian Naira

The naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.

Supporting unit:1 Naira = 100 Kobo
Denomination of banknotes:5, 10, 20, 50, 100, 200, 500, 1000 Naira
Reserve currency:No, the primary reserves consist of foreign currencies such as USD, EUR, and RMB.
Banknote material:Most are paper-based, while some small denominations are made of polymer.
Metal composition:Nickel-plated steel core, copper alloy, aluminum alloy, etc.
Currency symbol:₦
Paper currency size:For example, 1000 Naira is approximately 151mm × 78mm.
language:en
Main unit:Naira
ISO code:NGN
Currency name:Nigerian Naira
Exchange Rate System:Regulated floating exchange rate system
Central Bank:Central Bank of Nigeria
Safe-haven currency:No, there are significant fluctuations in exchange rates and strong capital controls.
Coin denomination:50 Cobos, 1, 2 Naira (seldom used).
Countries of Use:Nigeria is the only country where it is used officially.
Cross-border payment:Naira is not freely convertible in the international market and is primarily settled through the SWIFT network and banking intermediaries. Cross-border payments often use the US dollar or euro as intermediary currencies, which limits efficiency.

BDT

The BDT (Bangladeshi Taka) is the official currency used throughout Bangladesh. The BDT (Bangladeshi Taka) plays a crucial role in supporting the country’s economic growth and maintaining financial stability. Bangladesh holds the 44th position globally in terms of foreign exchange reserves. By the end of 2024, the nation’s reserves reached approximately 2.382 trillion BDT (Bangladeshi Taka). Although the BDT (Bangladeshi Taka) faces challenges such as depreciation and declining reserves, there a...

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NGN

The Nigerian Naira (NGN) stands as the official currency of Nigeria, playing a vital role in the nation’s financial ecosystem. In 2025, the naira’s significance grows as it navigates economic challenges and opportunities. You’ll notice its exchange rate against the US Dollar at ₦1,610.13, reflecting a 13.43% rise over the past year. Despite this improvement, Nigeria’s inflation rate of 24.23% highlights ongoing pressures that impact purchasing power. The NGN currency also influences global trade...

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FAQ

With Bangladesh taka to Nigerian naira exchange rate fluctuations, will I receive less money?

Yes, the real-time exchange rate fluctuations between Bangladesh taka and Nigerian naira directly impact your trade profits. Due to the time lag in international payments, if BDT depreciates or NGN strengthens at the time of settlement, the actual amount of NGN you receive will decrease due to exchange losses. Therefore, monitoring the trend of Bangladesh taka and choosing the right exchange rate window is key to ensuring your trade proceeds do not shrink.

Why is the bank's exchange rate different from the one I found online?

The exchange rates found online are usually mid-market rates, which serve only as a market reference and are not the bank's actual transaction price. When performing currency settlement, banks deduct a "spread" (the difference between buying and selling prices) from the real-time mid-market rate to cover transaction costs. This spread causes the final amount you receive to be lower than the theoretical value calculated at the mid-market rate. Therefore, when calculating the actual profit of trade orders, you should rely on the bank's real-time "buying rate" rather than the reference rate.

Are AI-predicted exchange rates for Bangladesh taka to Nigerian naira accurate?

AI predictions for BDT to NGN are trend references based on historical big data and market sentiment models. While AI can capture the patterns of BDT through algorithms, it is difficult to 100% foresee sudden international political events or policy adjustments. Therefore, the predicted value of Bangladesh taka to Nigerian naira should serve as a supplementary suggestion for choosing a settlement window, rather than an absolute guarantee of the transaction price.

Are there any hidden fees when exchanging BDT to NGN?

In cross-border transactions involving Bangladesh taka to Nigerian naira, intermediary bank deductions are the most common hidden cost. When BDT is sent through non-direct banking routes, correspondent banks will deduct a service fee, resulting in the actual amount of NGN received being less than expected. To ensure your BDT order profits are not eroded, it is recommended to confirm whether the receiving bank supports the "Full Pay" (OUR) mode before initiating the Bangladesh taka exchange to avoid extra fees during Nigerian naira credit.

Why do different banks offer different exchange rates for Bangladesh taka to Nigerian naira?

This is because there is no unified fixed exchange rate globally; financial institutions add their own "spread" to the international mid-market rate of BDT to NGN. Different banks have varying position management and operational costs for BDT, which directly determines the fluctuations in their BDT settlement prices. Therefore, when converting Bangladesh taka to Nigerian naira, businesses will find slight differences in real-time quotes, and choosing a channel with a lower spread can yield more Nigerian naira.

How to conduct international cross-border payments conveniently?

The key to efficient international settlement lies in shortening the intermediate transfer links of global currencies. Through XTransfer, a one-stop foreign trade financial service platform, enterprises can quickly open multi-currency global collection accounts online without queuing at physical branches, enabling real-time payment, collection, and settlement. The compliance declaration consulting and exchange settlement services provided by XTransfer effectively solve the challenges of slow arrivals and opaque fees, making it a more convenient choice for SMEs handling bulk trade settlements.

Is it really safe to send money online via XTransfer?

XTransfer is absolutely secure. Your funds are protected by our top-level security measures to ensure every transaction is safeguarded. If there is a delay, we will refund the service fee to compensate your loss.

Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.