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The Gambia Currency and Money

 

The Gambia Currency and Money:


Money: The Gambia's currency is the Dalasi (GMD), which is divided into 100 bututs. Dalasi are difficult to obtain outside of The Gambia but there is a bureau de change at the airport. Currency can also be exchanged at banks in the capital, Banjul, and at some hotels and tourist resorts. Commission tends to be high. It is advisable to bring travellers cheques or cash because only a few places accept credit cards. Street moneychangers give the best rates, but take care not to be conned and make sure you know the current exchange rate before trading with them. Note that currency must be declared on arrival and the export of foreign currency is limited to the amount imported. Travellers cheques are accepted, US dollars and Pounds Sterling are the preferred currency. Some hotels and restaurants accept Mastercard and Visa, but it is unwise to rely on them and a charge may be levied. ATMs are limited to the main areas, and is it advised that travellers be careful when using them as they tend to be unreliable.


Currency Exchange Rates

GMD 1.00 = US$ 0.03 £ 0.02 C$ 0.04 A$ 0.04 R 0.25 € 0.03 NZ$ 0.05


Note: These currency exchange rates are not updated daily and should be used as a guideline only.


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