Convert Gambian Dalasi to Argentine Peso
Please provide values below to convert Gambian Dalasi [GMD] to Argentine Peso [ARS], or Convert Argentine Peso to Gambian Dalasi.
How to Convert Gambian Dalasi to Argentine Peso
1 GMD = 0.0574811439222221 ARS
Example: convert 15 GMD to ARS:
15 GMD = 15 × 0.0574811439222221 ARS = 0.862217158833332 ARS
Gambian Dalasi to Argentine 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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.