1 BDT to NGN - Convert Bangladeshi Taka to Nigerian Naira

Looking at the 30-day window, the BDT/NGN pair traded in a range of 10.7114 to 11.4530. The monthly average was 11.1414 with 1.99% volatility. The relatively low volatility indicates stable trading conditions for the BDT/NGN currency pair.

The current mid-market exchange rate is 1 BDT = 11.1328 NGN, updated as of July 3, 2026, 11:26 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Bangladeshi Taka to Nigerian Naira Exchange Rate

The BDT/NGN exchange rate tells you how many Nigerian Naira (NGN) you receive for every Bangladeshi Taka (BDT). At the current mid-market rate of 1 BDT = 11.1328 NGN, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the BDT/NGN Conversion

Converting Bangladeshi Taka to Nigerian Naira involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

What Affects the BDT to NGN Rate

Exchange rates between Bangladeshi Taka and Nigerian Naira are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the BDT/NGN rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from BDT to NGN

International money transfers from Bangladeshi Taka to Nigerian Naira can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Bangladeshi Taka Overview

The Bangladeshi Taka (BDT) is the official currency of Bangladesh. The garment industry and overseas worker remittances are the primary drivers of foreign exchange inflows. Understanding the fundamentals behind BDT helps contextualize its exchange rate movements against NGN and other currencies.

Reverse Rate: NGN to BDT

The reverse exchange rate is 1 NGN = 0.089824 BDT. This is useful if you are starting with Nigerian Naira and want to know how much Bangladeshi Taka you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated NGN to BDT converter for the reverse direction.