Gambian Dalasi to Norwegian Krone

The Gambian dalasi (sign D, GMD) is a currency used on the territory of Gambia. The Gambian dalasi can be exchanged to coins called bututs. Every GMD has 100 bututs.

The currency has been issued since 1971 replacing the old currency – the West African pound sterling. The name “dalasi” comes from the name of the West African 5-pound sterling note. It was called “dala” which translated to “dollar”. The currency floats, and its rate is not connected to specific currencies of other states.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.