Gambian dalasi south african rand exchange rate history (GMD ZAR) January 2024

Gambian dalasi south african rand history for January 2024. The highest quote for this month is 0.28874 (22/01/2024) and the lowest 0.28559 (22/01/2024). The difference between high and low is 1.09.

GMD ZAR average rate for January 2024 is 0.2814, the change between 01/01/2024 and 31/01/2024 is -2.71 %.

01 January 2024	1 GMD = 0.2737 ZAR
02 January 2024	1 GMD = 0.2746 ZAR
03 January 2024	1 GMD = 0.2784 ZAR
04 January 2024	1 GMD = 0.2810 ZAR
05 January 2024	1 GMD = 0.2812 ZAR
08 January 2024	1 GMD = 0.2812 ZAR
09 January 2024	1 GMD = 0.2796 ZAR
10 January 2024	1 GMD = 0.2807 ZAR
11 January 2024	1 GMD = 0.2800 ZAR
12 January 2024	1 GMD = 0.2802 ZAR
15 January 2024	1 GMD = 0.2796 ZAR
16 January 2024	1 GMD = 0.2802 ZAR
17 January 2024	1 GMD = 0.2849 ZAR
18 January 2024	1 GMD = 0.2869 ZAR
19 January 2024	1 GMD = 0.2843 ZAR
22 January 2024	1 GMD = 0.2859 ZAR
23 January 2024	1 GMD = 0.2875 ZAR
24 January 2024	1 GMD = 0.2833 ZAR
25 January 2024	1 GMD = 0.2828 ZAR
26 January 2024	1 GMD = 0.2831 ZAR
29 January 2024	1 GMD = 0.2812 ZAR
30 January 2024	1 GMD = 0.2809 ZAR
31 January 2024	1 GMD = 0.2811 ZAR

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.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

02/07/1987: Currency redenomination

The Gambian dalasi undergoes a redenomination, with 1 old dalasi being replaced by 10 new dalasis.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

Historic Gambian dalasi South African rand