Convert Chinese Yuan to Gambian Dalasi
Please provide values below to convert Chinese Yuan [CNY] to Gambian Dalasi [GMD], or Convert Gambian Dalasi to Chinese Yuan.
How to Convert Chinese Yuan to Gambian Dalasi
1 CNY = 0.0985684430942734 GMD
Example: convert 15 CNY to GMD:
15 CNY = 15 × 0.0985684430942734 GMD = 1.4785266464141 GMD
Chinese Yuan to Gambian Dalasi Conversion Table
Chinese Yuan | Gambian Dalasi |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.