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ALGO
BDT
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Algorand(ALGO) to Bangladeshi Taka(BDT). This is the real-time data. The current conversion shows 1 ALGO at a value of 1 ALGO for 38.95 BDT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Algorand currency pair is the ALGO to BDT, with for Algorand's currency code being ALGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BDT.
ALGO to BDT conversion rate trend
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In the past 1D, Algorand has changed -12.18% to BDT. Based on the trend and price charts, Algorand(ALGO) has changed -12.18% to BDT while Bangladeshi Taka(BDT) has changed % to ALGO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ৳39.3 | 0.0200% / 0.0320%  VIP 7 | |
Binance | ৳39.26 | 0.1000% / 0.1000% | Yes |
Kraken | ৳39.26 | 0.1000% / 0.1000% | Yes |
OKX | ৳39.25 | 0.080% / 0.100% | Yes |
Huobi | ৳39.26 | 0.1000% / 0.1000% | Yes |
Gate.io | ৳39.28 | 0.1000% / 0.1000% | Yes |
Bybit | ৳39.26 | 0.1000% / 0.1000% | Yes |
KuCoin | ৳39.27 | 0.1000% / 0.1000% | Yes |
Bitfinex | ৳57.36 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/12 01:00:18(UTC+0)
How to buy Algorand
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Buy Algorand (ALGO)
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Learn MoreBuy ALGO (or USDT) for BDT (Bangladeshi Taka) offers
Bitget P2P trading does not currently support direct buying of ALGO with BDT. However, you can buy USDT in Bitget P2P trading first, and then buy ALGO with USDT via Bitget spot market.
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Sell ALGO (or USDT) for BDT (Bangladeshi Taka) offers
Bitget P2P trading currently does not support direct selling of ALGO to BDT. However, you can first exchange ALGO for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Algorand to Bangladeshi Taka?
Algorand to Bangladeshi Taka is falling this week.Algorand's current market price is ৳ 38.95 per ALGO, with a total market cap of ৳ 324,635,453,091.48 BDT based on a circulating supply of 8,334,775,300 ALGO. The trading volume of Algorand has changed by -42.82% (৳ -32,572,561,647.17 BDT) in the last 24 hours. Last trading day, ALGO's trading volume was ৳ 76,064,661,897.74.
Market cap
$2.72B
24h volume
$363.89M
Circulating supply
8.33B ALGO
Conversion tables
The exchange rate of Algorand is increasing.1 ALGO is currently valued at ৳ 38.95 BDT , which means buying 5 ALGO will cost ৳ 194.75 BDT . Similarly, ৳1 BDT can be traded for 0.02567 ALGO, and ৳50 BDT can be converted to 1.28 ALGO, excluding any platform or gas fees.
The exchange rate of 1 ALGO to Bangladeshi Taka has changed by -22.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -12.18%, reaching a high of 44.77 BDT and a low of 37.98 BDT . One month ago, the value of 1 ALGO was ৳ 27.97 BDT , which represents a +39.27% change from its current value. Over the last year, Algorand has changed by , resulting in a change of +40.95% in its value.
+৳
11.32BDTALGO to BDT
Amount
06:47 am today
0.5 ALGO
৳19.47
1 ALGO
৳38.95
5 ALGO
৳194.75
10 ALGO
৳389.5
50 ALGO
৳1,947.48
100 ALGO
৳3,894.95
500 ALGO
৳19,474.76
1000 ALGO
৳38,949.52
BDT to ALGO
Amount06:47 am today
0.5BDT0.01284 ALGO
1BDT0.02567 ALGO
5BDT0.1284 ALGO
10BDT0.2567 ALGO
50BDT1.28 ALGO
100BDT2.57 ALGO
500BDT12.84 ALGO
1000BDT25.67 ALGO
Today vs. 24 hours ago
| Amount | 06:47 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ALGO | $0.1629 | $0.1856 | -12.18% |
| 1 ALGO | $0.3259 | $0.3711 | -12.18% |
| 5 ALGO | $1.63 | $1.86 | -12.18% |
| 10 ALGO | $3.26 | $3.71 | -12.18% |
| 50 ALGO | $16.29 | $18.56 | -12.18% |
| 100 ALGO | $32.59 | $37.11 | -12.18% |
| 500 ALGO | $162.94 | $185.55 | -12.18% |
| 1000 ALGO | $325.88 | $371.1 | -12.18% |
Today vs. 1 month ago
| Amount | 06:47 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ALGO | $0.1629 | $0.1170 | +39.27% |
| 1 ALGO | $0.3259 | $0.2340 | +39.27% |
| 5 ALGO | $1.63 | $1.17 | +39.27% |
| 10 ALGO | $3.26 | $2.34 | +39.27% |
| 50 ALGO | $16.29 | $11.7 | +39.27% |
| 100 ALGO | $32.59 | $23.4 | +39.27% |
| 500 ALGO | $162.94 | $117 | +39.27% |
| 1000 ALGO | $325.88 | $234 | +39.27% |
Today vs. 1 year ago
| Amount | 06:47 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ALGO | $0.1629 | $0.1156 | +40.95% |
| 1 ALGO | $0.3259 | $0.2312 | +40.95% |
| 5 ALGO | $1.63 | $1.16 | +40.95% |
| 10 ALGO | $3.26 | $2.31 | +40.95% |
| 50 ALGO | $16.29 | $11.56 | +40.95% |
| 100 ALGO | $32.59 | $23.12 | +40.95% |
| 500 ALGO | $162.94 | $115.6 | +40.95% |
| 1000 ALGO | $325.88 | $231.2 | +40.95% |
Algorand price prediction
What will the price of ALGO be in 2025?
Based on ALGO's historical price performance prediction model, the price of ALGO is projected to reach $0.5474 in 2025.
What will the price of ALGO be in 2030?
In 2030, the ALGO price is expected to change by -6.00%. By the end of 2030, the ALGO price is projected to reach $0.6616, with a cumulative ROI of +99.93%.
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Popular Algorand conversions
Check out these popular currency conversions of Algorand to several fiat currencies.
Algorand to USD
1 ALGO to $ 0.3259 USD
Algorand to GBP
1 ALGO to £ 0.2593 GBP
Algorand to EUR
1 ALGO to € 0.3124 EUR
Algorand to KRW
1 ALGO to ₩ 471.36 KRW
Algorand to CAD
1 ALGO to $ 0.4685 CAD
Algorand to AUD
1 ALGO to $ 0.5213 AUD
Algorand to JPY
1 ALGO to ¥ 50.98 JPY
Algorand to BRL
1 ALGO to R$ 1.98 BRL
Algorand to CNY
1 ALGO to ¥ 2.38 CNY
Algorand to TWD
1 ALGO to NT$ 10.63 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Algorand and BDT.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Algorand and BDT. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Algorand in BDT, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
