Gambian dalasi

Gambian dalasi
25 dalasi note and coins from 5 bututs to 1 dalasi
ISO 4217 code	GMD
User(s)	The Gambia
Inflation	3.5%
Source	The World Factbook, 2007 est.
Subunit
1/100	butut
Symbol	D
Coins	1, 5, 10, 25, 50 bututs, 1 dalasi
Banknotes	5, 10, 25, 50, 100 dalasis
Central bank	Central Bank of The Gambia
Website	www.cbg.gm

The dalasi is the currency of the Gambia. It is subdivided into 100 bututs. The dalasi was adopted in 1971. It replaced the Gambian pound at a rate of 1 pound = 5 dalasi, i.e., 1 dalasi = 0.2 pound = 4 shillings.

Coins

5, 10, 25, 50 butut coins

In 1971, coins in denominations of 1, 5, 10, 25 and 50 bututs and 1 dalasi were introduced. The reverse designs of the three higher denominations were taken from the corresponding denominations of the previous currency (1, 2 and 4 shillings), with the reverse designs for the lower three coins coming from the 6, 1 and 3 pence coins, respectively.

New 1 dalasi coins were introduced in 1987, modelled on the 50 pence coin of the United Kingdom.

Only 25 and 50 bututs and 1 dalasi coins are currently in circulation, they are of the 1998 issue which also included 1, 5 and 10 bututs coins.

Banknotes

Banknotes currently in circulation are 5, 10, 25, 50 & 100 dalasis. 1 dalasi notes were issued between 1971 and 1987. Current banknotes were issued in 1996 and reprinted in 2001.

On July 27, 2006 new banknotes were issued with similar designs but with security upgrades ^[1].

• 

  Obverse of 10 and 25 dalasi note

• 

  Reverse of 10 and 25 dalasi note

• 

  Obverse of 5 and 100 dalasi note

• 

  Reverse of 5 and 100 dalasi note

• 

  50 dalasi note

Current GMD exchange rates
From Google Finance:	AUD CAD CHF EUR GBP HKD JPY USD INR CNY
From Yahoo! Finance:	AUD CAD CHF EUR GBP HKD JPY USD INR CNY
From OzForex:	AUD CAD CHF EUR GBP HKD JPY USD INR CNY
From XE.com:	AUD CAD CHF EUR GBP HKD JPY USD INR CNY
From OANDA.com:	AUD CAD CHF EUR GBP HKD JPY USD INR CNY

See also

• Economy of the Gambia

References

1. ^ Daily Observer (2006-07-17). "Gambia gets new banknotes". http://www.observer.gm/enews/index.php?option=com_content&task=view&id=5160&Itemid=33&PHPSESSID=f4a888cec55892754f47bb7300a37491. Retrieved 2006-07-31. 

External links

• Gambian central bank