1 Billion Meaning In Bengali Taka In Rupees

3 min read Jul 06, 2024
1 Billion Meaning In Bengali Taka In Rupees

1 Billion Meaning in Bengali Taka in Rupees

What is 1 Billion?

1 billion is a number that represents a massive quantity. To put it into perspective, 1 billion is equal to 1,000,000,000 (one thousand million). This enormous figure is often used to measure large quantities, such as population, money, or even data storage.

Bengali Taka: The Currency of Bangladesh

Bengali Taka, also known as Taka, is the official currency of Bangladesh. It is divided into 100 smaller units called poisha. The Taka is issued and managed by the Bangladesh Bank, the central bank of Bangladesh.

1 Billion Bengali Taka in Rupees

Now, let's convert 1 billion Bengali Taka to Indian Rupees. As of the current exchange rate (1 BDT = 0.85 INR), we can calculate the equivalent value:

1,000,000,000 BDT (1 billion Taka) ≈ 850,000,000 INR (approx. 85 crore Rupees)

Breaking it Down:

To give you a better understanding, here are some examples of what 1 billion Bengali Taka could buy:

  • Approximately 850,000 kilograms of rice in Bangladesh (assuming a price of 50 BDT per kilogram)
  • Around 2,500 middle-range cars in Bangladesh (assuming a price of 400,000 BDT per car)
  • About 1,400 average-sized apartments in Dhaka, Bangladesh (assuming a price of 700,000 BDT per apartment)

Conclusion

In conclusion, 1 billion Bengali Taka is a substantial amount of money, equivalent to approximately 85 crore Indian Rupees. It's a figure that can buy a large quantity of goods or services, making it a significant amount in the context of Bangladesh's economy.

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