USD/GMD

Market Open
14 Jun, 21:00
D
75. 00
+4
+5.6338%
D
1 Volume
D 71
Previous Close
Add Transaction
Day Range
71 71
Year Range
66 74
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USDGMD Overview

USDGMD denotes the exchange rate between the United States Dollar and the Gambian Dalasi, showing how many dalasi are required to purchase one US dollar. It tracks cross-currency value changes and is quoted by banks and FX platforms in The Gambia and internationally.

The United States Dollar is the official currency of the United States and the predominant global reserve and settlement currency. Issued and regulated by the Federal Reserve, the dollar plays a central role in international trade, finance and commodity pricing.

The Gambian Dalasi is the official unit of currency in The Gambia and is managed by the Central Bank of The Gambia. The dalasi functions as the domestic medium of exchange and store of value for households and businesses across the country.

Market forces determine the USDGMD rate through supply and demand for each currency, with monetary policy, interest rate differentials, inflation trends and central bank interventions materially affecting valuations. Broader geopolitical events, commodity price shifts and capital flows also influence short- and long-term movements.

For traders, businesses and investors, USDGMD is important for pricing imports and exports, structuring hedges, assessing currency risk and pursuing speculative opportunities linked to macroeconomic divergence between the United States and The Gambia.

USDGMD Chart

USDGMD FAQ

What is the current USD/GMD price?

The current rate is D75.000000, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the USD/GMD rate changed today?

The rate has changed by +4 (+5.6338%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was D71.000000, which serves as a reference point for measuring daily performance.

What does the daily range indicate?

The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.

Why is USD/GMD moving up or down?

Movements in USD/GMD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (+5.6338%) is based on the difference between the current rate and the previous closing rate.

Is USD/GMD trending up or down right now?

If the current rate (D75.000000) is above the previous close (D71.000000), it indicates upward movement. If below, it suggests a downward trend.

Where can I track live rates and charts?

You can monitor real-time rates, charts, and key market data for USD/GMD directly on this page.