What does GMD mean in Currencies?
This page is about the meanings of the acronym/abbreviation/shorthand GMD in the Regional field in general and in the Currencies terminology in particular.
Gambian Dalasi
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Definition
What does GMD mean?
- Gambian dalasi
- The dalasi is the currency of the Gambia that was adopted in 1971. It is subdivided into 100 bututs. It replaced the Gambian pound at a rate of 1 pound = 5 dalasis, i.e. 1 dalasi = 0.2 pound = 4 shillings. The name derives from dala, a nickname of the 5 French West African franc note, which in turn derived from "dollar", while butut is from Wolof butuut, "small thing".As a result of inflation, now bututs coins have completely disappeared from circulation and the minimum monetary unit has become 1 dalasi.
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"GMD." Abbreviations.com. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.abbreviations.com/term/65>.
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