Gambian Dalasi to Euro — exchange rate

Country of Circulation: The Gambia

Currency Code, Symbol: GMD, D

Denominations of coins in circulation: 1, 5, 10, 25, 50 bututs, 1 dalasi

Denominations of banknotes in circulation: 5, 10, 20, 25, 50, 100, 200 dalasis

History: The Gambian dalasi (D) is a currency used on the territory of Gambia. It can often see it abbreviated to GMD. The Gambian dalasi can be exchanged to coins called bututs.Every GMD has 100 bututs. The currency has been issued since 1971 replacing the old currency – the West African pound sterling. The name “dalasi” comes from the name of the West African 5-pound sterling note. It was called “dala” which translated to “dollar”. The currency floats, and its rate is not connected to specific currencies of other states.Read More

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More