Convert Malaysian Ringgit to Gambian Dalasi
Please provide values below to convert Malaysian Ringgit [MYR] to Gambian Dalasi [GMD], or Convert Gambian Dalasi to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Gambian Dalasi
1 MYR = 0.0581388798434754 GMD
Example: convert 15 MYR to GMD:
15 MYR = 15 × 0.0581388798434754 GMD = 0.872083197652131 GMD
Malaysian Ringgit to Gambian Dalasi Conversion Table
Malaysian Ringgit | Gambian Dalasi |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.