ISO 4217 | |
---|---|
Code | GMD (numeric: 270) |
Subunit | 0.01 |
Unit | |
Plural | dalasis or dalasi |
Symbol | D |
Denominations | |
Superunit | |
5 | pound |
Subunit | |
1⁄100 | butut |
Plural | |
butut | bututs |
Banknotes | 5, 10, 20, 25, 50, 100, 200 dalasis |
Coins | 1, 5, 10, 25, 50 bututs, 1 dalasi |
Demographics | |
Date of introduction | 1971 |
Replaced | Gambian pound |
User(s) | The Gambia |
Issuance | |
Central bank | Central Bank of The Gambia |
Website | www |
Valuation | |
Inflation | 7.1% |
Source | The World Factbook, 2019 est. |
The dalasi is the currency of the Gambia that was adopted in 1971. It is subdivided into 100 bututs. It replaced the Gambian pound at a rate of 1 pound = 5 dalasis, i.e. 1 dalasi = 0.2 pound = 4 shillings.
The derivative of dala is unknown. In numerous languages in the Francophonie, currency terms (including batut, dalasi, doromi, teemer) refer to the former 5 French West African franc note (the lowest denomination at the time), but to which the origins are not known. One speculated origin is a pronunciation of "dollar"; however, variants of dalasi in other Mandinka dialects (such as daasi) counter this speculation[1] while butut is from Wolof butuut, "small thing".[2]
As a result of inflation, now bututs coins have completely disappeared from circulation and the minimum monetary unit has become 50 Butut.[citation needed]