US Dollar to Gambian Dalasi — exchange rate

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More

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