Convert Bitcoin to Gambian Dalasi
Please provide values below to convert Bitcoin [BTC] to Gambian Dalasi [GMD], or Convert Gambian Dalasi to Bitcoin.
How to Convert Bitcoin to Gambian Dalasi
1 BTC = 1.1610063973647e-07 GMD
Example: convert 15 BTC to GMD:
15 BTC = 15 × 1.1610063973647e-07 GMD = 1.74150959604706e-06 GMD
Bitcoin to Gambian Dalasi Conversion Table
| Bitcoin | Gambian Dalasi |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Gambian Dalasi
The Gambian Dalasi (GMD) is the official currency of The Gambia, used for all monetary transactions within the country.
History/Origin
The Dalasi was introduced in 1979, replacing the Gambian Pound at a rate of 1 Dalasi = 10 Pounds, to modernize the country's currency system.
Current Use
The Gambian Dalasi is actively used as the primary currency in The Gambia, with coins and banknotes circulating for everyday transactions and trade.