GMD to AMD
Currency conversion rates from GMD to AMD
|1 GMD||1 AMD|
|5 GMD||5 AMD|
|10 GMD||10 AMD|
|20 GMD||20 AMD|
|50 GMD||50 AMD|
|100 GMD||100 AMD|
|250 GMD||250 AMD|
|500 GMD||500 AMD|
|1000 GMD||1000 AMD|
|2000 GMD||2000 AMD|
|5000 GMD||5000 AMD|
|10000 GMD||10000 AMD|
|1 AMD||1 GMD|
|5 AMD||5 GMD|
|10 AMD||10 GMD|
|20 AMD||20 GMD|
|50 AMD||50 GMD|
|100 AMD||100 GMD|
|250 AMD||250 GMD|
|500 AMD||500 GMD|
|1000 AMD||1000 GMD|
|2000 AMD||2000 GMD|
|5000 AMD||5000 GMD|
|10000 AMD||10000 GMD|
AMD - Armenian Dram (֏)
The Armenian Dram (AMD) is the currency unit for Armenia. The Central Bank of Armenia owns the exclusive rights to issue the Dram. The symbol for the Dram has not yet become part of the Unicode standard.
The Armenian Dram is the currency in Armenia (AM, ARM). The Armenian Dram is divided into 100 luma. The exchange rate for the Armenian Dram was last updated on May 24, 2019 from Yahoo Finance. The AMD conversion factor has 5 significant digits.
- Before Armenia became independent, their economy was mainly industry-based: machinery, electronics, textiles, synthetic rubber, and processed food. Only 20% of the economy was agricultural products.
- The country developed its industries after 1991 and is now producing knitwear, shoes, silk, trucks, instruments, jewelry, software, brandy, metal-cutting machines, and is processing diamonds.
- Armenian mines form a large part of the economy: copper, zinc, lead, and gold.
- Armenia exports energy.
- Armenia’s economy does not have a strong history, due to the previous control by the Soviet Union.
- The country’s economy suffered a major draw back after the earthquake in 1998.
- Unemployment is a huge problem in Armenia.
- Originally silver coins called drams were used from 1199 to 1375.
- In 1991 Armenia became an independent republic, no longer part of the Soviet Union.
- In early 1993 the Central Bank of Armenia was opened, but Soviet Union banknotes still circulated until the end of 1993.
- The new Armenian Dram was also introduced at the end of 1993.
- Coins replaced the 50, 100, and 500 dram banknotes in 1998.
- After 2005 banknotes issued from 1993 to 1995 were taken out of circulation.
- A 500,000-dram banknote was issued in 2001 to commemorate Christianity in the country.
GMD - Gambian Dalasi (GMD)
The Gambian Dalasi is the official currency for Gambia, a country in West Africa. It is the smallest country in Africa, surrounded by Senegal, except for a short coastline on the Atlantic Ocean. The Gambia River, the nation's namesake, flows through the country's centre and before emptying into the Atlantic Ocean. The country has an area of almost 10,500 km² with an estimated population of 1,700,000.
The Gambian Dalasi is the currency in Gambia (GM, GMB). The Gambian Dalasi is also known as Dalasis. The symbol for GMD can be written D. The Gambian Dalasi is divided into 100 butut. The exchange rate for the Gambian Dalasi was last updated on May 24, 2019 from Yahoo Finance. The GMD conversion factor has 4 significant digits.
- Gambia has a liberal market economy characterized by traditional subsistence agriculture, with an historical dependence of groundnuts (peanuts) for export earnings.
- There is a re-export trade based on the country’s sea port, its low import duties, a minimum of administrative procedures, a fluctuating exchange rate, and lack of exchange controls.
- Tourism has become a fast-growing sector of the economy, contributing 12% of the country's GDP according to a government web site.
- The World Bank and the International Monetary Fund provide differing figures for GDP in 2009: USD $ 733m and $ 968m respectively.
- Agriculture accounts for approximately 30% of gross domestic product (GDP) and employs about 70% of the workforce. Within agriculture, peanut production accounts for 6.9% of GDP, 8.3% for other crops, livestock 5.3%, 1.8% for fisheries, and forestry at 0.5%.
- Limited production output is mainly based on agricultural products (e.g., peanut processing, bakeries, a brewery and a tannery).
- The Gambian Dalasi is subdivided into 100 bututs.
- The Dalasi was adopted in 1971. It replaced the Gambian Pound at a rate of 1 Pound = 5 Dalasi. In 1971, coins in denominations of 1, 5, 10, 25 and 50 bututs and 1 Gambian Dalasi were introduced. These coins used design elements from the previous coins denominated in shillings.
- 1 dalasi notes were issued between 1971 and 1987. New 1 dalasi coins were introduced in 1987, modeled on the 50 pence coin of the United Kingdom.
- Only 25 and 50 bututs and 1 dalasi coins are currently in circulation; they are of the 1998 issue which also included 1, 5 and 10 bututs coins.
- Banknotes currently in circulation are 5, 10, 25, 50 and 100 Gambian Dalasi. Current banknotes were issued in 1996 and reprinted in 2001.