The GMD/USD pair shows how many US dollars one Gambian dalasi buys, reflecting the Gambia's trade and tourism ties with the United States.
The curve shows the change in one unit of GMD expressed in USD. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.
Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.
Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.
Du au · 26 observations
The GMD/USD exchange rate indicates the value of the Gambian dalasi against the US dollar, quoted as the number of US dollars required to purchase one Gambian dalasi. This pair is primarily used by individuals and businesses involved in trade, tourism, and remittances between The Gambia and the United States. An appreciation of the dalasi means it strengthens relative to the dollar, making US goods cheaper for Gambian importers but potentially reducing the competitiveness of Gambian exports.
The Central Bank of The Gambia manages the dalasi through monetary policy, while the US Federal Reserve sets interest rates for the dollar. Key drivers include interest rate differentials, inflation rates, and economic growth in both countries. The Gambia's economy relies heavily on agriculture, tourism, and remittances, making it sensitive to external shocks and commodity prices. US economic indicators, such as GDP growth and employment data, influence the dollar's strength. Capital flows and global risk sentiment also affect the pair, with the dollar often seen as a safe-haven currency.
Over the past several years, the GMD/USD rate has experienced fluctuations driven by shifts in global commodity prices, changes in tourism revenue, and monetary policy adjustments. The dalasi has faced depreciation pressures due to trade deficits and external vulnerabilities, while periods of stability have occurred when remittance inflows and foreign aid supported the currency. Without specific historical data, the pair's trajectory remains tied to the broader economic fundamentals of both nations and global market conditions.
This analysis is provided for information only and is neither a forecast nor financial advice.
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| Date UTC | Rate | Change |
|---|---|---|
| 0,01344086 | +0% | |
| 0,01344086 | -1.88% | |
| 0,01369863 | +1.92% | |
| 0,01344086 | -1.88% | |
| 0,01369863 | +0% | |
| 0,01369863 | -1.37% | |
| 0,01388889 | +1.39% | |
| 0,01369863 | +0% |
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Displayed source: api.forex. Indicative values are used only as a visual fallback.