Convert Gambian Dalasi to Cuban Peso
Please provide values below to convert Gambian Dalasi [GMD] to Cuban Peso [CUP], or Convert Cuban Peso to Gambian Dalasi.
How to Convert Gambian Dalasi to Cuban Peso
1 GMD = 3.0325375 CUP
Example: convert 15 GMD to CUP:
15 GMD = 15 × 3.0325375 CUP = 45.4880625 CUP
Gambian Dalasi to Cuban Peso Conversion Table
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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.
Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.