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CurrencyCentral Bank of The Gambia

Exchange Control

Dalasi (GMD), pronounced da-la-si

The exchange rate regime that obtains in The Gambia is a free float regime. The foreign exchange rates between the local currency (the dalasi) and other international currencies are determined by market forces. Foreign exchange transactions can be undertaken at both commercial banks and foreign exchange bureaus around the country. There are also no restrictions on the transfer of funds into and outside of The Gambia as long as it is within the financial system. Commercial Banks are allowed to make foreign exchange available for all transactions without reference to the central Bank.

Economy

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