Dalasi

Dalasi
Country:	Gambia Gambia
Subdivision:	100 bututs ( b )
ISO 4217 code :	GMD
Abbreviation:	D.
Exchange rate : (29 Mar 2020)	1 EUR = 55.626 GMD 100 GMD = 1.7977 EUR 1 CHF = 51.745 GMD 100 GMD = 1.9325 CHF

The Dalasi (plural: Dalasis ) has been the currency of the West African state of Gambia since July 1, 1971 .

history

The Dalasi was introduced as the new currency of the Gambia on July 1, 1971. With the introduction, a decimal currency was also used. Initially, banknotes of 1, 5, 10 and 25 Dalasi were issued.

In 1975 a 10 Dalasi coin was issued to commemorate 10 years of independence. In 1989, the range of banknotes was expanded to include a new 50 Dalasi banknote.

In September 1996, new 5, 10, 25 and 50 Dalasi banknotes were introduced. On July 20, 2001, the range of banknotes upwards was issued with a new 100-Dalasi banknote.

In July 2006 the banknotes were redesigned and equipped with modern security features such as holograms , which were presented to the public on July 27, 2006. The old banknotes were changed and are no longer valid.

The exchange rate of the dalasi to the euro reached a low of 40.21 dalasi for one euro on December 30, 2004. In 2013, the Dalasi experienced a strong devaluation compared to the US dollar (minus 14.8 percent) and the euro (minus 21 percent). This devaluation was higher than in previous years. In 2014 the Dalasi recovered. On January 30, 2015, the exchange rate to the euro was 48.94 Dalasi.

On February 25, 2015, the Central Bank of Gambia introduced a new series of banknotes, including the 200 Dalasi note, which replaced the D100 note as the largest denomination. All newly designed banknotes bore the portrait of then President Yahya Jammeh .

In May 2019, the Gambian Central Bank presented a series of newly designed banknotes. The notes were put into circulation from August 6, 2019. At the presentation, the Governor of the Gambian Central Bank said " The images of former President Yahya Jammeh and other features that have nothing to do with the country have been removed from the new banknotes. " The D25 was no longer issued, but one D20 note.

Coins and bills

Coins of 1, 5, 10, 25, 50 bututs and a dalasi as well as banknotes of 5, 10, 25, 50, 100 and 200 dalasi are currently in circulation. Bututs have largely disappeared from everyday life, only the 50 butut coins are still rarely used.

Coins

1 Butut (1971-1975)	1 Butut (1974, 1985) FAO	1 Butut (1998)
5 Bututs (1971, 1977)	5 bututs (1998)
10 Bututs (1971, 1977)	10 Bututs (1998)
25 Bututs (1971)	25 Bututs (1998)
50 Bututs (1971)	50 Bututs (1998)
1 Dalasi (1987)	1 Dalasi (1998)

1971

1 Dalasi 1971–1987, front side

1 Dalasi 1971–1987, back

5 Dalasi 1972–1986, front side	5 Dalasi 1972–1986, back
10 Dalasi 1972–1986, front side	10 Dalasi 1972–1986, back
25 Dalasi 1972–1983, front side	25 Dalasi 1972–1983, back

1 Dalasi 1978, front side

1 Dalasi 1978, back

5 Dalasi 1987–1990, front page	5 Dalasi 1987–1990, back page
10 Dalasi 1987–1990, front page	10 Dalasi 1987–1990, back page
25 Dalasi 1987–1990, front page	25 Dalasi 1987–1990, back page

5 Dalasi 1991–1995, front page	5 Dalasi 1991–1995, back page
10 Dalasi 1991–1995, front page	10 Dalasi 1991–1995, back page
25 Dalasi 1991–1995, front page	25 Dalasi 1991–1995, back page

1989

50 Dalasi 1989–1995, front page

50 Dalasi 1989–1995, back page

1996

5 Dalasi 1996, front side	5 Dalasi 1996, back
10 Dalasi 1996, front side	10 Dalasi 1996, back
25 Dalasi 1996, front side	25 Dalasi 1996, back
50 Dalasi 1996, front side	50 Dalasi 1996, back

2001

5 Dalasi 2001, front side	5 Dalasi 2001, back
10 Dalasi 2001, front side	10 Dalasi 2001, back
25 Dalasi 2001, front side	25 Dalasi 2001, back
50 Dalasi 2001, front side	50 Dalasi 2001, back
100 Dalasi 2001, front side	100 Dalasi 2001, back

outlook

The Economic Community of West African States (ECOWAS), to which Gambia also belongs, plans to create a common currency for its 15 member states. The Eco was to be introduced as early as 2005, based on the euro as a model. So far, however, the introduction has been postponed indefinitely.

Web links

Central Bank of The Gambia homepage
Photos of the current coins and banknotes (English) ( Memento from March 15, 2009 in the Internet Archive )
History of the Dalasi

Individual evidence

^ The Republic of the Gambia. Retrieved February 21, 2017 .
^ President Jammeh present with new banknotes July 26, 2006
↑ http://www.accessgambia.com/information/economic-profile.html
↑ https://www.google.com/finance?q=EURGMD
^ ^A ^b Central Bank Unveils New Bank Notes Specimen, Removes Jammeh's Image. In: chronicle.gm. May 30, 2019, Retrieved August 7, 2019 (American English).
^ New Banknotes To Begin Circulation Today. August 6, 2019, Retrieved August 7, 2019 (American English).
↑ AfricaNews: Gambia outdoors new banknotes without Jammeh's portrait. In: africanews.com. Africanews, 2019, accessed August 7, 2019 .

[1] The Republic of the Gambia. Retrieved February 21, 2017 .

[2] President Jammeh present with new banknotes July 26, 2006

[3] ttp://www.accessgambia.com/information/economic-profile.html

[4] ttps://www.google.com/finance?q=EURGMD

[chronicle-5] A ^b Central Bank Unveils New Bank Notes Specimen, Removes Jammeh's Image. In: chronicle.gm. May 30, 2019, Retrieved August 7, 2019 (American English).

[6] New Banknotes To Begin Circulation Today. August 6, 2019, Retrieved August 7, 2019 (American English).

[7] AfricaNews: Gambia outdoors new banknotes without Jammeh's portrait. In: africanews.com. Africanews, 2019, accessed August 7, 2019 .