Convert Gambian Dalasi to Cuban Convertible Peso
Please provide values below to convert Gambian Dalasi [GMD] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Gambian Dalasi.
How to Convert Gambian Dalasi to Cuban Convertible Peso
1 GMD = 72.7809 CUC
Example: convert 15 GMD to CUC:
15 GMD = 15 × 72.7809 CUC = 1091.7135 CUC
Gambian Dalasi to Cuban Convertible Peso Conversion Table
Gambian Dalasi | Cuban Convertible Peso |
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Gambian Dalasi
The Gambian Dalasi (GMD) is the official currency of The Gambia, used for all monetary transactions within the country.
History/Origin
The Dalasi was introduced in 1979, replacing the Gambian Pound at a rate of 1 Dalasi = 10 Pounds, to modernize the country's currency system.
Current Use
The Gambian Dalasi is actively used as the primary currency in The Gambia, with coins and banknotes circulating for everyday transactions and trade.
Cuban Convertible Peso
The Cuban Convertible Peso (CUC) was a currency used in Cuba, primarily for tourism and foreign transactions, pegged to the US dollar.
History/Origin
Introduced in 1994 to replace the peso convertible, the CUC was used alongside the Cuban peso (CUP). It facilitated foreign trade and tourism. The CUC was phased out starting in 2020 as part of Cuba's monetary unification efforts, with its value being absorbed into the CUP.
Current Use
The CUC is no longer in circulation as of 2021. Cuba has transitioned to a single currency system using the Cuban peso (CUP), and the CUC is considered obsolete.