Bangladesh currency
Deat:25 September 2022
Subject: Bangladesh currency
Time:5:00pm
I will know about the past currency of Bangladesh
How are you all, I hope you are all well, I am also well. Today I have mentioned some details about the past traditional currency of Bangladesh, here I will discuss about the cancellation of some of the past currency in detail and how it looked.
Even if you can't remember the use of one paisa in Bangladesh, maybe many people can remember the experience of buying four lozenges for one taka and ice cream for eight annas or 50 paisa. Nowadays, the use of these metal coins worth less than one taka is almost invisible. After independence in 1973, the first four Metal coins are in circulation. These are 5 paisa, 10 paisa, 25 paisa and 50 paisa. Next year in 1974 another new coin was added which was worth one paisa. I saw that I bought chocolate for 50 paisa and the small sand gave four marbles for 50 paisa. Even if you can't remember the past use of one paisa in Bangladesh, many people can remember the experience of buying four lozenges for one taka and eight annas or ice cream for 50 paisa. Nowadays, the use of these metal coins worth less than one taka is almost invisible.After independence, the first four metal coins were introduced in 1973. These are 5 paisa, 10 paisa, 25 paisa and 50 paisa. Next year in 1974 another new coin was added with denomination of one. In 1977 the reverse design of the coin was changed. At this time, the pigeon is removed from it and only the text of Bangladesh is on the upper part, there is a hilsa fish, a pineapple, a banana and a chicken in the middle part, the year of the coin is printed on both sides of the middle part, the value of the coin is on the bottom of the coin like the previous design. Written in writing and language. Until the great liberation war in Bangladesh in 1971, the Pakistani rupee was the currency of the country. The first Bangladeshi currency was issued on March 4, 1972 after the independence of Bangladesh. [2] The official currency was named Taka, later "৳" was designated as the symbol of Taka. The minimum unit of money fixed is one rupee. Another percentage of money is called Paisa
Besides, the Central Bank has instructions for stocking of coins in every branch of every bank. So that these coins can be distributed or traded to the people. Any person can take any amount of metal coins from the bank. There is no obligation.Mr. Ahmed said that since the metal currency goes to Bangladesh Bank from the public and other banks, there is a sufficient amount of currency in the Central Bank in view of the demand. Any person can collect any type of metal coins from the Central Bank as per his requirement. The one, five and 10 paise coins that were introduced in 1973 were mainly made of aluminium. On the other hand, 25 and 50 paisa were made of steel. The one paisa used at this time had the national emblem on one side and the plow and industrial wheel on the other. There was a portrait of a Royal Bengal Tiger. Why and how the design of the new rupee note was changed. Why there is so much distrust in insurance in Bangladesh, what is the future of this sector?Then in 1974 one, five 10 and 25 paise coins were again released in the market. At this time, the design of a penny changed compared to before. While it has the national symbol on one side, ornamental designs and floral motifs are added on the other side. In 1977, except for one paisa, the remaining four metal coins came into the market. Among them, the design of the five-paisa coin remains unchanged. The changes came in the designs of the other three coins. The 10 paisa coin has the national symbol on one side, a man and a woman seated facing each other with a child on the other side, the 25 paisa coin has the national symbol on one side and the Royal Bengal Tiger on the other side, and the 50 paisa coin has hilsa, chicken, pineapple and portrait of banana
All the money that I have given in the picture here has been canceled by the government of Bangladesh, instead of this, new nets are being released in the market, when all these money were canceled, the bank gave new nets in exchange. The country's money or currency, or dollar S account has to be paid to the World Bank. A country can make its own money, that country spends money per capita, that money needs to be allowed from the World Bank, if a country spends money like itself, then the country's money will have no value, then everyone will have money and money, some will have money. will not understand
Thanks to read.cash family members, regards for reading.
I never use these coins but my brother has a huge collection of Pakistani coins paisa which are no longer in use due to the downfall of pkr