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GMD to EUR - Gambian Dalasi to Euro Converter

Convert Gambian Dalasi to Euro with daily ECB exchange rates

1 GMD = ~0.0115 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

GMD to EUR moves gradually; use live rates for accuracy as spreads and policy cues can shift prices.

Keep rate alerts on and compare at least two providers before large exchanges.

✈️ Travel budgeting💼 Invoicing💸 Remittance estimates

Common GMD - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Active
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

The rate responds to domestic policy, inflation, and liquidity in The Gambia; euro-area policy and inflation; international trade flows; commodity prices; and global risk sentiment. Market participants include banks, firms, and tourists.

Economic Context

Trading Relationship

The Gambia imports a broad range of goods from Europe, including machinery, vehicles, and consumer products. The EUR plays a key role in EU-linked trade, affecting how Gambian buyers price and pay for European goods.

Key Rate Factors

  • •Bank of The Gambia policy and inflation trends
  • •European Central Bank monetary policy and euro-area inflation
  • •US/EU trade flows and external price pressures
  • •Export volumes of local commodities (e.g., fish, groundnuts)
  • •Global risk sentiment and safe-haven USD flows

Central Banks

Bank of The Gambia
Banjul, The Gambia
Issues currency and steers domestic monetary conditions to maintain price stability.
European Central Bank
Frankfurt, Germany
Sets euro-area policy, manages money supply, and aims for price stability across member states.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates