AED To BDT Exchange Rate Today - UAE Dirhams To Bangladeshi Taka

The local currency in Bangladesh is the Bangladeshi taka (currency code BDT). The currency of the United Arab Emirates (UAE) is the UAE dirham (currency code AED).

1 United Arab Emirates dirham (AED) is today worth 29.9 Bangladeshi taka (BDT).

The AED to BDT exchange rate was updated on Thursday 9th of May 2024 at 2:22 am.

Convert BDT to AED

1 Bangladeshi taka (BDT) is worth 0.033 United Arab Emirates dirham (AED).

The BDT to AED currency exchange rate was updated on Thursday 9th of May 2024 at 2:22 am GMT.

Exchange Rate Calculator – UAE Dirhams(AED)/Bangladeshi Taka (BDT)

Use our currency exchange rate calculator to convert UAE dirhams (AED) to Bangladeshi taka (BDT) and vice versa.

Currency Conversion – UAE Dirhams to Bangladeshi Taka

Bangladeshi taka equivalents for a selection of UAE dirham amounts are shown below.

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1 AED = 29.9 BDT
5 AED = 149.49 BDT
10 AED = 298.97 BDT
50 AED = 1494.85 BDT
100 AED = 2989.71 BDT
500 AED = 14948.54 BDT
1000 AED = 29897.09 BDT
5000 AED = 149485.43 BDT
10000 AED = 298970.87 BDT
50000 AED = 1494854.34 BDT
100000 AED = 2989708.68 BDT

Currency Conversion – Bangladeshi Taka to UAE Dirhams

UAE dirham equivalents for a range of Bangladeshi taka amounts are listed below.

1 BDT = 0.033 AED
5 BDT = 0.167 AED
10 BDT = 0.334 AED
50 BDT = 1.672 AED
100 BDT = 3.345 AED
500 BDT = 16.724 AED
1000 BDT = 33.448 AED
5000 BDT = 167.24 AED
10000 BDT = 334.481 AED
50000 BDT = 1672.404 AED
100000 BDT = 3344.807 AED

Bangladesh Currency

Bangladesh gained independence from Pakistan in 1971. The new government introduced the Bangladeshi taka (ISO code BDT, short form Tk) as the country’s official currency the following year.

The word ‘taka’ is derived from the Sanskrit word ‘tankah’, meaning a coin or treasured thing.

Common denominations of Bangladeshi taka notes in circulation are 5, 10, 20, 50, 100, 200, 500, and 1000 BDT.

Importance of UAE Dirham to Bangladeshi Taka Exchange Rate

The United Arab Emirates (UAE) and Bangladesh are not big trading partners. Data from WITS (UN trade database) shows that in 2019, exports from the UAE to Bangladesh were only $1.25 billion. However, a large number of Bangladeshi migrants live and work in the UAE.

2019 Rank	2019 Exports From UAE To:	2019 Exports (US$ Billions)	2019 Export Partner Share (%)
1	Unspecified	201.87	51.85
2	Saudi Arabia	23.99	6.16
3	India	14.67	3.77
4	Iraq	13.74	3.53
5	Switzerland	13.66	3.51
6	Oman	10.89	2.80
7	China	9.37	2.41
8	Kuwait	8.54	2.19
9	Iran	7.08	1.82
10	United States	6.39	1.64
11	Hong Kong	5.63	1.45
12	Turkey	3.83	0.98
13	Egypt	3.67	0.94
14	Bahrain	3.54	0.91
15	Pakistan	3.48	0.89
16	Belgium	3.03	0.78
17	United Kingdom	2.66	0.68
18	Singapore	2.61	0.67
19	Jordan	2.36	0.61
20	Kenya	2.30	0.59
21	Germany	2.11	0.54
22	Japan	2.02	0.52
23	Netherlands	1.84	0.47
24	Lebanon	1.71	0.44
25	Afghanistan	1.62	0.42
26	Thailand	1.40	0.36
27	Tanzania	1.38	0.35
28	Libya	1.35	0.35
29	Bangladesh	1.25	0.32
30	Somalia	1.16	0.30
31	South Korea	1.15	0.30
32	Malaysia	1.11	0.29
33	Italy	1.11	0.28
34	South Africa	1.09	0.28
35	Nigeria	1.08	0.28
36	Sri Lanka	1.06	0.27
37	Vietnam	0.97	0.25
38	Yemen	0.92	0.24
39	Kyrgyzstan	0.91	0.23
40	Russian Federation	0.89	0.23
41	Sudan	0.85	0.22
42	Syria	0.82	0.21
43	France	0.79	0.20
44	Djibouti	0.79	0.20
45	Indonesia	0.72	0.19
46	Ethiopia	0.70	0.18
47	Algeria	0.64	0.17
48	Australia	0.63	0.16
49	Morocco	0.54	0.14
50	Maldives	0.52	0.13

According to the UN, over 1 million Bangladeshis are working in the UAE, the second-largest group after Indians. Many of these migrants send money from the UAE to Bangladesh to support their families back home.

The AED to BDT exchange rate is important for Bangladeshi migrants working in the UAE as it determines how much Bangladeshi taka they can send home.

For migrant workers from Bangladesh who are sending money back home, the dirham to taka exchange rate determines how much their families will receive.

For example, if a migrant worker has 1,000 AED to send back home, at an exchange rate of 1 AED to 27 BDT, their family would receive 27,000 BDT. However, if the exchange rate goes up to 1 AED to 28 BDT, their family would receive 28,000 BDT, a significant difference.

Exchange rates can fluctuate due to a variety of factors, such as political instability or changes in interest rates. As a result, Bangladeshi migrant workers need to stay up-to-date on the latest exchange rates so that they can make informed decisions about when to send money home.

Money Transfers from the UAE to Bangladesh – Personal Remittances

According to the World Bank, in 2020 Bangladeshi migrant workers sent $21.7 billion from overseas to Bangladesh. In 2021, the Bangladesh Bank (the central bank) stated that the highest share of remittances was sent from Saudi Arabia (23.09% of the total amount), followed by the US (13.97%), and then the UAE (9.85%).

Remittances from Bangladeshi migrant workers living and working abroad play a vital role in lifting millions of Bangladeshi citizens out of poverty. In fact, according to the World Bank, in 2020 remittances accounted for around 5.8% of Bangladesh’s gross domestic product (GDP).

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