Since we live in Bangladesh, according to the rules of this country, we have to buy things with money in various shops including grocery stores outside the country. However, we cannot make purchases with this Bangladeshi dollar. We only have to convert the dollar into Bangladeshi taka after breaking it in the banking system.
The US dollar is never stable in value, but most of the time it shows evidence of increasing. In the picture, you can see carrot papaya and pomegranate. It cost me 125 Bangladeshi taka to buy these three fruits. Currently, according to the stable value of the Bangladeshi dollar, one dollar USDT is equal to 125 taka.
Item name | BD price | USDT price |
---|---|---|
Carrot 200g | 30 | 0.25 |
Pomegranate 230g | 72 | 0.54 |
Papaya 200g | 25 | 0.21 |
Total | 127 bd | 1usdt |
So here I can't spend US dollars on the street. I have to convert dollars into Taka through Binance, Bikash Rocket and Nagad and spend them. But when the dollar goes beyond stability, we have to buy at very high market prices.
However, in Bangladesh, there are some products that have to be purchased at a higher price than the dollar price. For example, if you want to buy an orange juice, you have to pay 150 taka and then purchase it. However, we are trying to tell you that we can spend a lot with one dollar. Again, many times a product exceeds the dollar price.
However, we see many necessary goods on the roadside, among which you can see a lemon seller selling lemons. A woman is talking to the shopkeeper to buy lemons. This is definitely a sign of good deeds and progress. However, here, by spending one dollar or 125 Bangladeshi taka, we can buy 25 lemons.
Here an egg seller is selling eggs to the shopkeeper according to his good deeds. He is not giving the retail price but only the wholesale price to the shopkeeper. From here, this shopkeeper will judge the retail price to different people. For the common people, four eggs cost 100 taka. So we can get five eggs for 125 taka in usd or Bangladeshi currency.
Here, they usually sell some raw materials in vans. Here, for 125 taka, we can buy these five products for a small family.
According to the current Usdt, our Bangladeshi taka is 125. So we can buy many vegetables for a middle-class family with 125 taka. However, we often have to buy dollars for 132 taka. Currently, the dollar market is very low or within a fair range according to stability. According to Bangladeshi currency control, today's dollar-based arrangement is really great. Thank you for giving me your valuable time to cooperate.
@asean.hive sir and @justinparke sir
I am happy to present to you all about today's USDT and Bangladeshi Taka through some products and market varieties according to our Bangladeshi products.
Thank you for reading my creative article blog .Stay safe,stay happy.i think if you find any mistake in writing or something. Please allow me to correct it.And find me on social media.
All Prepared by @mdakash62