Convert New Zealand Dollar to Gambian Dalasi
Please provide values below to convert New Zealand Dollar [NZD] to Gambian Dalasi [GMD], or Convert Gambian Dalasi to New Zealand Dollar.
How to Convert New Zealand Dollar to Gambian Dalasi
1 NZD = 0.0229318406340125 GMD
Example: convert 15 NZD to GMD:
15 NZD = 15 × 0.0229318406340125 GMD = 0.343977609510187 GMD
New Zealand Dollar to Gambian Dalasi Conversion Table
| New Zealand Dollar | Gambian Dalasi |
|---|
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Gambian Dalasi
The Gambian Dalasi (GMD) is the official currency of The Gambia, used for all monetary transactions within the country.
History/Origin
The Dalasi was introduced in 1979, replacing the Gambian Pound at a rate of 1 Dalasi = 10 Pounds, to modernize the country's currency system.
Current Use
The Gambian Dalasi is actively used as the primary currency in The Gambia, with coins and banknotes circulating for everyday transactions and trade.