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History · 30 jours

Gambian Dalasi (GMD) historical rate to Euro (EUR)

The GMD/EUR pair shows how many Euros one Gambian Dalasi buys, used by travelers, remittance senders, and importers between Gambia and the Eurozone.

Daily observations
25
within the available range
Source
Market
api.forex
Method

How to read GMD/EUR history

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Days without a quotation are not interpolated: the series keeps only observations that were actually received.

Use cases

Travel, transfer and analysis

Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.

Minimum 0,01167608
Maximum 0,01248557
Average 0,01206483
Total change -6.46%
Daily observations

Dated GMD/EUR rates

Couverture du au , en UTC.

Convert GMD/EUR
Date UTC Rate Change Nature
0,01167876 +0.02% Market
0,01167608 -1.60% Market
0,01186644 -0.14% Market
0,01188356 -0.03% Market
0,01188753 -1.85% Market
0,01211181 +0.68% Market
0,01203055 -0.15% Market
0,01204863 -1.15% Market
0,01218861 +3.09% Market
0,01182381 -3.15% Market
0,01220806 -1.09% Market
0,01234211 +1.34% Market
0,01217917 +1.52% Market
0,01199726 +0.08% Market
0,01198726 +1.73% Market
0,01178287 -1.56% Market
0,01196945 -1.15% Market
0,01210861 -1.78% Market
0,01232817 +1.05% Market
0,0122 -1.21% Market
0,01235 +1.67% Market
0,01214764 -0.10% Market
0,01215972 -0.16% Market
0,01217917 -2.45% Market
0,01248557 Market
Editorial analysis

Understanding the GMD/EUR pair

The GMD/EUR currency pair represents the exchange rate between the Gambian Dalasi (GMD), the official currency of The Gambia, and the Euro (EUR), the shared currency of the Eurozone. This directed quote indicates how many Euros are required to purchase one Gambian Dalasi. The pair is primarily used by individuals and businesses engaged in tourism, remittances, and trade between The Gambia and Eurozone countries. When the GMD appreciates against the EUR, each Dalasi buys more Euros, making Eurozone imports cheaper for Gambian consumers but potentially reducing the competitiveness of Gambian exports.

The exchange rate is influenced by the monetary policies of the Central Bank of The Gambia and the European Central Bank. Key structural drivers include interest rate differentials, inflation rates, economic growth, and trade balances. The Gambia's economy is heavily reliant on tourism, agriculture, and remittances, making it sensitive to external demand and commodity prices. The Eurozone's economic health, particularly in major economies like Germany and France, also affects the pair. Capital flows, risk sentiment, and global financial conditions further contribute to exchange rate movements.

Over recent years, the GMD/EUR rate has experienced fluctuations driven by shifts in global risk appetite, changes in commodity prices, and domestic economic policies. The Gambia's efforts to stabilize its economy and attract foreign investment have influenced the Dalasi's value. Meanwhile, Eurozone monetary policy, including interest rate decisions and quantitative easing, has impacted the Euro's strength. Without specific historical data, it is important to note that the pair tends to reflect broader emerging market dynamics and Eurozone economic trends, with periods of relative stability interspersed with volatility during global crises or policy shifts.

This analysis is provided for information only and is neither a forecast nor financial advice.

Method

Compare two dates

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Source

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

Currencies

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