First Banknote of Independent Bangladesh

31 Mar 2020  Tue

The First Banknote of Independent Bangladesh was the treasury banknotes. Independent Bangladesh introduced its first banknote by issuing the currency of one taka denomination on March 4 in 1972.

After the Partition of Bengal in 1947, East Bengal, which later became the eastern wing of Pakistan union, was renamed to East Pakistan in 1956. Prior to the Liberation war in 1971, banknotes of the State Bank of Pakistan circulated throughout Bangladesh and continued to be used in Bangladesh even after independence for only about three months until the official introduction of the taka.

The Bangladeshi taka came into existence since 1972, a year after the independence of the eastern wing of the union, as the independent nation of Bangladesh. The first was the Treasury note of 1 Taka and the other notes of 5, 10 and 100 taka notes were issued later.

The banknote was inscribed with the map of Bangladesh and it was printed in Indian Security Printing Press. Banknotes of Taka 5 and 100 denominations were also introduced on March 4, 1972, while the note of 10-Taka denomination was issued on May 2 in 1972. Those banknotes were inscribed with the portrait of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

Image Courtesy: Colnect

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