Convert New Taiwan Dollar to Gambian Dalasi
Please provide values below to convert New Taiwan Dollar [TWD] to Gambian Dalasi [GMD], or Convert Gambian Dalasi to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Gambian Dalasi
1 TWD = 0.403471240394114 GMD
Example: convert 15 TWD to GMD:
15 TWD = 15 × 0.403471240394114 GMD = 6.05206860591172 GMD
New Taiwan Dollar to Gambian Dalasi Conversion Table
New Taiwan Dollar | Gambian Dalasi |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.