Convert Gambian Dalasi to British Pound Sterling
Please provide values below to convert Gambian Dalasi [GMD] to British Pound Sterling [GBP], or Convert British Pound Sterling to Gambian Dalasi.
How to Convert Gambian Dalasi to British Pound Sterling
1 GMD = 98.3259929748717 GBP
Example: convert 15 GMD to GBP:
15 GMD = 15 × 98.3259929748717 GBP = 1474.88989462307 GBP
Gambian Dalasi to British Pound Sterling 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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.