The year 1974 was the third year after the independence of Bangladesh. It was also the third year of the first post-independence government in Bangladesh. The year saw a period of mass starvation beginning in March 1974 and ending in about December of the same year. The famine, allegedly causing death of a million people, is considered the worst in recent decades.
Note: For the year 1974 average official exchange rate for BDT was 8.23 per US$.