Convert Gambian Dalasi to United States Dollar
Please provide values below to convert Gambian Dalasi [GMD] to United States Dollar [USD], or Convert United States Dollar to Gambian Dalasi.
How to Convert Gambian Dalasi to United States Dollar
1 GMD = 72.7809 USD
Example: convert 15 GMD to USD:
15 GMD = 15 × 72.7809 USD = 1091.7135 USD
Gambian Dalasi to United States Dollar Conversion Table
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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.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.