Gambian Dalasi

The Gambian Dalasi remained unchanged at 38.10 in April from 38.10 in March of 2014. Gambian Dalasi averaged 24.82 from 1998 until 2014, reaching an all time high of 39.65 in April of 2014 and a record low of 10.77 in February of 1999. The USDGMD spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDGMD spot exchange rate is quoted and exchanged in the same day, the USDGMD forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Gambian Dalasi - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
38.10 38.10 39.65 10.77 39.21 | 2014/05 1998 - 2014 Daily

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Gambian Dalasi
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Markets Last Previous Highest Lowest Forecast Unit
Currency 38.10 2014-04-23 38.10 39.65 10.77 39.21 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Gambia Interest Rate at 20.00 Percent  
The benchmark interest rate in Gambia was last recorded at 20 percent. Interest Rate in Gambia is reported by the Central Bank of The Gambia.
Gambia Inflation Rate at 5.60 Percent  
The inflation rate in Gambia was recorded at 5.60 percent in December of 2013. Inflation Rate in Gambia is reported by the Central Statistics Department of The Gambia.
Gambia Government Budget at -8.00 Percent of GDP  
Gambia recorded a Government Budget deficit equal to 8 percent of the country's Gross Domestic Product in 2013. Government Budget in Gambia is reported by the Central Bank of The Gambia.
Gambia Sales Tax Rate | VAT at 15.00 Percent  
The Sales Tax Rate in Gambia stands at 15 percent. Sales Tax Rate in Gambia is reported by the Ministry of Finance.
Gambia Current Account to GDP at 11.30 Percent  
Gambia recorded a Current Account surplus of 11.30 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Gambia is reported by the Central Bank of The Gambia.
Gambia GDP Annual Growth Rate at 5.60 Percent  
The Gross Domestic Product (GDP) in Gambia expanded 5.60 percent in 2013 from the previous year. GDP Annual Growth Rate in Gambia is reported by the Central Bank of The Gambia.
Gambia Balance of Trade at -1159.07 million GMD  
Gambia recorded a trade deficit of 1159.07 million GMD in the third quarter of 2013. Balance of Trade in Gambia is reported by the Central Bank of The Gambia.
Gambia Current Account at 587.48 Dalasi Million  
Gambia recorded a Current Account surplus of 587.48 Dalasi Million in the third quarter of 2013. Current Account in Gambia is reported by the Central Bank of The Gambia.
Gambia Imports at 2306.40 million GMD  
Imports in Gambia decreased to 2306.40 million GMD in the third quarter of 2013 from 2403.40 million GMD in the second quarter of 2013. Imports in Gambia is reported by the Central Bank of The Gambia.
Gambia Exports at 1147.33 million GMD  
Exports in Gambia increased to 1147.33 million GMD in the third quarter of 2013 from 1132.24 million GMD in the second quarter of 2013. Exports in Gambia is reported by the Central Bank of The Gambia.
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LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
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