A high-profile 30-member delegation from Colombo comprising five Sri Lankan ministers and a number of monks, religious affairs adviser of the interim Bangladeshi cabinet Motiur Rahman, foreign diplomats and several hundred thousand members of Bangladesh's Buddhist community witnessed the function marked by a special Buddhist prayer.
The Supreme priest of Bangladeshi Buddhists Sangharaj Dharmasen presided over the function at the country's oldest Buddhist monastery in the south-eastern port city of Chittagong.
In return, the Sri Lankan delegation presented to Bangladesh some rare footprints and an statue of Lord Buddha as a "symbol of friendship and brotherhood."
Buddhist leaders said the strands have been kept for the last 77 years at the monastery since they were brought there by a Tibetan monk, Srimat Shaikkya Bhikkhu.
The monastery had gifted some of the sacred hair to Japan in mid 1960s, they said.