11/01/2021: New polymer banknotes
Polymer banknotes are introduced in The Gambia for the first time, replacing the previous paper banknotes to enhance durability and security.
06/08/2019: New family of banknotes
The Central Bank of The Gambia introduces a new family of Gambian dalasi banknotes with improved security features.
15/08/2018: Elections and Political Uncertainty
The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.
22/01/2015: Real Hits 10-Year Low
The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.
15/09/2008: Global Financial Crisis Impact
As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.
27/07/2005: New Currency Symbol
The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.
18/06/2002: Exchange Rate Floatation
The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.
15/01/1999: Devaluation of the Real
Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.
16/06/1997: Introduction of the 25 dalasis note
A new 25-dalasis banknote is introduced, featuring the portrait of President Jammeh, to commemorate 25 years of his rule.
22/07/1996: Change of banknotes and coins
New banknotes and coins featuring the portrait of President Jammeh are introduced, replacing the previous designs.
01/07/1994: Introduction of the Real Plan
The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.
02/07/1987: Currency redenomination
The Gambian dalasi undergoes a redenomination, with 1 old dalasi being replaced by 10 new dalasis.
01/07/1977: Conversion to decimal currency
The Gambian dalasi is decimalized, with 1 dalasi being divided into 100 bututs.
27/07/1971: Introduction of the Gambian dalasi
The Gambian dalasi currency is introduced to replace the Gambian pound as the official currency of The Gambia.