1 Usd to Gmd - Us Dollar to Gambian Dalasi Exchange Rates and History

The Gambian Dalasi (GMD) is the official currency of The Gambia, a country located in West Africa.

It's interesting to note that the GMD has been in use since 1971, when The Gambia gained independence from the United Kingdom.

The exchange rate between the US Dollar (USD) and the Gambian Dalasi (GMD) is constantly fluctuating, but as of the last update, 1 USD is equivalent to approximately 48.25 GMD.

This means that if you're planning a trip to The Gambia, you'll need to exchange your USD for GMD or use an ATM to withdraw local currency.

A fresh viewpoint: Uk Pounds to Gambian Dalasi

1 US Dollar is equivalent to 72.5 Dalasis, which is a commonly used exchange rate.

In practical terms, if you have 1 US Dollar, you can exchange it for 72.5 Dalasis.

1 US Dollar is equivalent to 72.5 Dalasis, which is a significant value in some countries.

In the Gambian economy, 1 US Dollar can buy you a decent meal or a few local goods.

1 US Dollar is also a widely accepted unit of exchange in many international transactions.

You can get a good cup of coffee or a snack for around 1 US Dollar in some parts of the world.

So, what is 1 USD? Let's start with the basics: it's the official currency of the United States. The US dollar is one of the most widely traded currencies in the world.

It's worth noting that the value of 1 USD is determined by supply and demand in the foreign exchange market. This means that the value of the dollar can fluctuate constantly.

The US dollar is divided into 100 smaller units called cents. You might be thinking, "Why 100?" Well, the answer lies in the history of the US currency system.

One interesting fact is that the US dollar is backed by the US government's gold reserves, but it's no longer pegged to the gold standard. This means that the value of the dollar is now determined by market forces.

The US dollar is widely accepted as a form of payment in many countries around the world, and it's also used as a reserve currency by central banks. This gives the dollar a level of international credibility and stability.

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Converting to GMD can be a bit tricky, but it's essential to get it right, especially when traveling or doing business in The Gambia. The exchange rate between the US Dollar and the Gambian Dalasi (GMD) fluctuates frequently, so it's crucial to check the current rate before making any conversions.

To get the most accurate and up-to-date rates, consult financial websites or currency converters, like the one mentioned in Example 2. This will help you make informed decisions regarding your currency conversions.

If you're looking to convert a specific amount, you can use a currency converter tool, like the one in Example 1, which provides a list of amounts converted today. For example, if the exchange rate is ＄1 = 60 GMD, converting ＄100 would result in 6000 GMD.

You can also check the exchange rates for previous years by visiting the US Dollar to Gambian Dalasi Rates by Year page, as shown in Example 3.

A different take: How Are Spot Exchange Rates Determined

Here's a quick rundown of the exchange rates for the past few years:

To send money to The Gambia, you can use your bank or a specialist international money transfer service, as mentioned in Example 4 and Example 5. It's essential to compare different solutions to find the best option for your needs.

Some popular options for sending money to The Gambia include:

When ordering foreign currency online, consider options like multi-currency accounts or cash services, as mentioned in Example 6. This will help you find the best solution for your specific needs.

The exchange rate between the US Dollar (USD) and the Gambian Dalasi (GMD) has been fluctuating over the years.

The exchange rate has been relatively stable in recent times, with 1 USD equaling 72.5 GMD as of February 2, 2025.

In fact, the exchange rate has remained the same for the past 10 days, with no significant changes observed.

However, if we look at the historical chart, we can see that the USD/GMD rate has increased by +4.32% in the last six months.

This means that the US Dollar has gained value compared to the Gambian Dalasi during this period.

Here's a summary of the exchange rate history over the past year:

As we can see, the exchange rate has been relatively stable, with some minor fluctuations observed over the past year.