Foreign Exchange Rates Firm on 24 May

The steady flow of remittances from more than ten million Bangladeshi expatriates, coupled with the continued expansion of international trade, has made daily monitoring of foreign exchange rates increasingly important for individuals, businesses, and financial institutions alike. As global economic conditions fluctuate, exchange rates against the Bangladeshi Taka remain subject to frequent adjustments based on market demand, foreign reserves, and international currency movements.

On Sunday, 24 May 2026, the buying and selling rates of major global and regional currencies against the Bangladeshi Taka were recorded as follows. These indicative rates are widely used in the local foreign exchange market for remittance conversion, trade settlement, and travel-related transactions. However, rates may vary slightly between banks, exchange houses, and over-the-counter transactions.

Exchange Rates (24 May 2026)

Currency Buying (BDT) Selling (BDT)
US Dollar 122.15 123.15
Euro 139.89 144.75
British Pound 162.18 167.29
Japanese Yen 0.76 0.78
Singapore Dollar 95.03 96.63
UAE Dirham 33.25 33.54
Australian Dollar 86.41 88.42
Swiss Franc 154.17 158.35
Saudi Riyal 32.53 32.84
Chinese Yuan 17.87 18.23
Indian Rupee 1.27 1.29

The US Dollar continues to remain the most influential currency in Bangladesh’s foreign exchange market, serving as the primary benchmark for import payments and remittance inflows. Meanwhile, stronger currencies such as the British Pound and Swiss Franc maintain higher conversion values due to their relative strength in global markets.

Currencies linked to Gulf Cooperation Council (GCC) countries, including the UAE Dirham and Saudi Riyal, remain particularly significant given the large Bangladeshi workforce employed in the Middle East. Their stable movement helps ensure predictable remittance flows, which form a crucial pillar of the national economy.

Analysts note that minor daily fluctuations in exchange rates are driven by global inflation trends, central bank policies, and geopolitical developments affecting currency demand. Importers and exporters are advised to closely track these movements to manage transaction risks effectively.

It is important to note that foreign exchange rates are not fixed and may change at any time during the trading day depending on market conditions and institutional adjustments.

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Md Sakib Hossain | Sub-Editor | Khaborwala.com

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