About the Gambian Dalasi
The Gambian Dalasi was introduced in 1971, replacing the Gambian pound at a rate of 1 pound = 5 dalasi.
The name 'Dalasi' is believed to be derived from a local word for the 5-franc coin, or from 'dollar'.
Interesting Facts
The Smiling Coast
The Gambian economy is heavily reliant on tourism, drawn to its beaches and wildlife, which is a key source of foreign exchange for the Dalasi.
Groundnut Exports
Besides tourism, the export of groundnuts (peanuts) is a major driver of the Gambian economy and influences the currency's value.
Birds of The Gambia
The banknotes feature various native birds, reflecting the country's reputation as a top destination for birdwatching.
Historical Timeline
The Dalasi is introduced.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- GMD
- Symbol
- D
- Numeric Code
- 270
- Subunit
- Butut (1/100)
- Introduced
- 1971-07-01
Central Bank
- Name
- Central Bank of The Gambia
- Headquarters
- Banjul, Gambia
- Founded
- 1971
- Current Governor
- Buah Saidy (since 2020)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 16.2%
- Interest Rate
- 17.0%
Exchange Rates
What Affects the GMD Exchange Rate?
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