Convert Gambian Dalasi to Tanzanian Shilling
Please provide values below to convert Gambian Dalasi [GMD] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Gambian Dalasi.
How to Convert Gambian Dalasi to Tanzanian Shilling
1 GMD = 0.0283180808749408 TZS
Example: convert 15 GMD to TZS:
15 GMD = 15 × 0.0283180808749408 TZS = 0.424771213124113 TZS
Gambian Dalasi to Tanzanian Shilling Conversion Table
| Gambian Dalasi | Tanzanian Shilling |
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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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.