Bangladeshi Taka in Venezuelan Bolívar

BDT Bangladeshi Taka

Country of application:
Bangladesh

Coin denominations in circulation:
5 ৳

Denominations of banknotes in circulation:
5, ৳ 10, ৳ 20, 50, 100, 200, 500 and 1000.

History reference:
Taka is the official national currency in Bangladesh. In accordance with the international standard, it has been assigned the code 4217 BDT. The currency of Bangladesh consists of one hundred pise, w...hich is the local bargaining chip. Since July 1948, the Pakistani rupee has been in circulation in East Pakistan. In 1971, the independence of Bangladesh was proclaimed, and on January 1, 1972, the Bank of Bangladesh began operations and a new monetary unit, the taka, was introduced.

VEF Venezuelan Bolívar

Country of application:
Venezuela

Coin denominations in circulation:
500, 100, 50, 25, 5, 2 and 1 bolivar, 50, 25, 10, 5 centimos.

Denominations of banknotes in circulation:
50,000, 20,000, 10,000, 5000, 2000, 1000, 500, 100, 50, 20, 10 and 5 bolivars.

History reference:
Bolivar is first a minor (in 1871-1879), and then the main (from 1879 to 2018) monetary unit of Venezuela. Bolívar is named after Latin American independence hero Simón Bolívar. The bolívar was p...assed under the Monetary Law of 1879, replacing the short-lived Venezolano at a rate of five bolívares to one Venezolano. The bolivar was originally defined by a silver standard, equal to 4.5 grams of pure silver, following the principles of the Latin Monetary Union. The monetary law of 1887 made the gold bolivar unrestricted legal tender, and the gold standard came into full force in 1910. Venezuela abandoned gold in 1930, and in 1934 the exchange rate of the bolivar was fixed in US dollars at a rate of 3.914 bolivars = US$1, valued at 3.18 bolivars = US$1 in 1937, a rate that lasted until 1941 Until February 18, 1983 (now called Black Friday (Viernes Negro) by many Venezuelans), the Bolívar was the most stable and internationally recognized currency in the region. It then fell victim to a massive devaluation.