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GMD to USD - Gambian Dalasi to US Dollar Converter

Convert Gambian Dalasi to US Dollar with daily ECB exchange rates

1 GMD = ~0.0136 USD (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 USD is a niche pair with lower liquidity. Rely on live quotes for precise figures.

Use rate alerts and verify quotes across providers before large transfers.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common GMD - USD Conversions

Forex Market Hours

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

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

Key drivers include central bank policy, inflation gaps, trade flows, remittance volumes, commodity prices, and the strength of the US dollar. Local events and global risk sentiment also shape daily moves.

Economic Context

Trading Relationship

The Gambian economy trades with neighbors and global partners on goods, services, and tourism. The USD/GMD pair influences costs for imports like fuel and equipment and affects household purchasing power through remittances and local prices.

Key Rate Factors

  • •Central bank policy (CBG, US Fed)
  • •Inflation differentials
  • •Trade balance and commodity prices
  • •Political stability and governance
  • •Global risk sentiment and dollar demand

Central Banks

Central Bank of The Gambia
Banjul, The Gambia
Sets monetary policy, issues dalasi notes, and regulates banks to maintain financial stability.
Federal Reserve System
Washington, D.C., United States
The US central bank. Sets monetary policy, manages inflation, and acts as lender of last resort.

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