Convert Mexican Peso to Gambian Dalasi
Please provide values below to convert Mexican Peso [MXN] to Gambian Dalasi [GMD], or Convert Gambian Dalasi to Mexican Peso.
How to Convert Mexican Peso to Gambian Dalasi
1 MXN = 0.256168857488709 GMD
Example: convert 15 MXN to GMD:
15 MXN = 15 × 0.256168857488709 GMD = 3.84253286233064 GMD
Mexican Peso to Gambian Dalasi Conversion Table
Mexican Peso | Gambian Dalasi |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.