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Gambia - Gambian Dalasi - Currency Guide

 

Foreign exchange guide to Gambia and the Gambian Dalasi (GMD)

       

GMD News, Forecasts and Trends

The below interactive chart shows the USD to GMD exchange rate, trend and recent alerts for the last 90 days.

   
Recent USD to GMD 90-day trend
 
ALERT:90-DAY HIGHS |
USD/GMD at 51.75 was trading 0.8% above AVG:51.35 with LO:50.9 and HI:51.75 (90 days). ALERT: USD/GMD rose to 90-DAY HIGHS.

US Dollar to Gambian Dalasi - Historical Rates

USD/GMD rateChangePeriod
03 Jul 2020 : 51.59000.3% ▲1 Week
10 Jun 2020 : 51.50000.5% ▲30 Days
11 Apr 2020 : 51.00001.5% ▲90 Days
11 Jul 2019 : 49.81253.9% ▲1 Year
12 Jul 2015 : 39.652030.5% ▲5 Years
13 Jul 2010 : 29.297376.6% ▲10 Years
USD/GMD 10 year historic rates & changes to 10-Jul-2020 : 51.7500
 

U$1,000 USD
=
D51,750 GMD

Converted at USD/GMD wholesale exchange rate, compare foreign transfer and spend/travel exchange rates.

 
 

US Dollar to Gambian Dalasi - Quick Conversions

USD GMD
U$ 1 D 51.75
U$ 5 D 258.75
U$ 10 D 517.50
U$ 20 D 1,035
U$ 50 D 2,588
U$ 100 D 5,175
U$ 250 D 12,938
U$ 500 D 25,875
U$ 1,000 D 51,750
U$ 2,000 D 103,500
U$ 5,000 D 258,750
U$ 10,000 D 517,500
U$ 50,000 D 2,587,500
U$ 100,000 D 5,175,000
More amounts
USD GMD
U$ 0.0193 D 1
U$ 0.0966 D 5
U$ 0.1932 D 10
U$ 0.3865 D 20
U$ 0.9662 D 50
U$ 1.9324 D 100
U$ 4.8310 D 250
U$ 9.6620 D 500
U$ 19.32 D 1,000
U$ 38.65 D 2,000
U$ 96.62 D 5,000
U$ 193.24 D 10,000
U$ 966.20 D 50,000
U$ 1,932 D 100,000
More amounts

Frequently Asked Questions

 

What currency should I use in Gambia?

The domestic currency in Gambia is the Gambian Dalasi.

What is the Gambian Dalasi currency code and symbol?

The three letter currency code for the Gambian Dalasi is GMD — symbol is D.

Which countries use the Gambian Dalasi?

It is the domestic currency in    Gambia.

Is the Gambian Dalasi a closed currency?

No, the Gambian Dalasi is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Gambia

Travel money for Gambia

Save money and time by Ordering your Gambian Dalasi online from Travelex, you get better rates and can pick up the GMD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Gambian Dalasi otherwise you may get much worst exchange rates.

 

Sending money to Gambia

When searching around for information on how to get a good exchange rate when sending money to Gambia you need to start with finding out the latest Gambian Dalasi exchange rate for foreign-transfers, which can be very different to the wholesale rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to Gambia

When sending money to Gambia it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Gambian Dalasi amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted GMD amount will be transfered to the recipient account you specify in Gambia.

Use the above Send to Gambian Dalasi calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Gambian Dalasi deposited into the recipient bank account and less margins and fees kept by the banks!


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