THE GAMBIAN DALASI SINCE ADAMA BARROW BECAME PRESIDENT

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THE GAMBIAN DALASI SINCE ADAMA BARROW BECAME PRESIDENT

December 28, 2017

Dear Partners,

Since Adama Barrow became president, the Gambian dalasi has decreased in value. In as such, the voluminous borrowing and the increase of Chinese imported goods to the Gambia have contributed to the devaluation of the Gambian dalasi.

At 11:00 PM, on January 18, December 19 and prior dates in 2017, the Gambian Dalasi had the following equivalents to the Euro, British Pounds Sterling, US. Dollars, Cape Verde Escudo, Francophone CFA Franc BCEAO, Francophone CFA BEAC, Guinean Franc, Ghanaian New Cedi, Liberian Dollar, Nigerian Naira, and Sierra Leone Leone:

January 18, 2017

1 Euro = D45.6101

1 British Pound = D52.1634

1 US Dollars = D42.6101

1 Cape Verde Escudo   = D0.41116

1 CFA France BCEAO = D0.06916

1 CFA France BEAC    = D0.06944

1 Ghanaian New Cedi   = D10.4098

1 Guinean Franc            = D0.00519

1 Liberian Dollar           = D0.46907

1 Nigerian Naira           = D013498

1 Sierra Leone Leone   = D0.00570

December 28, 2017

1 Euro = D56.0393

1 British Pound = D63.1596

1 US Dollars = D47.1533

1 Cape Verde Escudo   = D0.50675

1 CFA Franc BCEAO = D0.08543

1 CFA Franc BEAC    = D0.08543

1 Ghanaian New Cedi   = D10.3968

1 Guinean Franc           = D0.00518

1 Liberian Dollar          = D0.37398

1 Nigerian Naira           = D013008

1 Sierra Leone Leone   = D0.00610

December 27, 2017

1 Euro = D55.9729

1 British Pound = D63.2482

1 US Dollars = D47.1788

1 Cape Verde Escudo   = D0.50666

1 CFA Franc BCEAO = D0.08533

1 CFA Franc BEAC    = D0.08533

1 Ghanaian New Cedi   = D10.4287

1 Guinean Franc           = D0.00519

1 Liberian Dollar          = D0.37420

1 Nigerian Naira           = D013001

1 Sierra Leone Leone   = D0.00611

December 26, 2017

1 Euro = D55.9659

1 British Pound = D63.2482

1 US Dollars = D47.1900

1 Cape Verde Escudo   = D0.500708

1 CFA Franc BCEAO = D0.08532

1 CFA Franc BEAC    = D0.08532

1 Ghanaian New Cedi   = D10.3996

1 Guinean Franc           = D0.00540

1 Liberian Dollar          = D0.347429

1 Nigerian Naira           = D013011

1 Sierra Leone Leone   = D0.00612

December 25, 2017

1 Euro = D55.8517

1 British Pound = D63.0371

1 US Dollars = D47.1328

1 Cape Verde Escudo   = D0.50441

1 CFA Franc BCEAO = D0.08515

1 CFA Franc BEAC    = D0.08515

1 Ghanaian New Cedi   = D10.4142

1 Guinean Franc           = D0.00518

1 Liberian Dollar          = D0.37383

1 Nigerian Naira           = D012985

1 Sierra Leone Leone   = D0.00611

December 22, 2017

1 Euro = D56.0209

1 British Pound = D63.2482

1 US Dollars = D47.1984

1 Cape Verde Escudo   = D0.506663

1 CFA Franc BCEAO = D0.08540

1 CFA Franc BEAC    = D0.08540

1 Ghanaian New Cedi   = D10.4287

1 Guinean Franc           = D0.00540

1 Liberian Dollar          = D0.37436

1 Nigerian Naira           = D013015

1 Sierra Leone Leone   = D0.00612

December 21, 2017

1 Euro = D55.9864

1 British Pound = D63.2482

1 US Dollars = D47.2239

1 Cape Verde Escudo   = D0.50621

1 CFA Franc BCEAO = D0.08535

1 CFA Franc BEAC    = D0.08535

1 Ghanaian New Cedi   = D10.4347

1 Guinean Franc           = D0.00520

1 Liberian Dollar          = D0.37457

1 Nigerian Naira           = D013031

1 Sierra Leone Leone   = D0.00612

December 20, 2017

1 Euro = D55.7717

1 British Pound = D63.1440

1 US Dollars = D47.2166

1 Cape Verde Escudo   = D0.50416

1 CFA Franc BCEAO = D0.08502

1 CFA Franc BEAC    = D0.08502

1 Ghanaian New Cedi   = D10.4047

1 Guinean Franc           = D0.00519

1 Liberian Dollar          = D0.37447

1 Nigerian Naira           = D012995

1 Sierra Leone Leone   = D0.00612

December 19, 2017

1 Euro = D55.5685

1 British Pound = D63.0356

1 US Dollars = D47.1692

1 Cape Verde Escudo   = D0.50268

1 CFA Franc BCEAO = D0.08471

1 CFA Franc BEAC    = D0.08471

1 Ghanaian New Cedi   = D10.4089

1 Guinean Franc           = D0.00518

1 Liberian Dollar          = D0.37416

1 Nigerian Naira           = D012970

1 Sierra Leone Leone   = D0.00611

December 18, 2017

1 Euro = D55.4118

1 British Pound = D62.8229

1 US Dollars = D47.1682

1 Cape Verde Escudo   = D0.500064

1 CFA Franc BCEAO = D0.08447

1 CFA Franc BEAC    = D0.08447

1 Ghanaian New Cedi   = D10.4227

1 Guinean Franc           = D0.00520

1 Liberian Dollar          = D0.37419

1 Nigerian Naira           = D012981

1 Sierra Leone Leone   = D0.00610

December 16, 2017

1 Euro = D55.4982

1 British Pound = D63.0486

1 US Dollars = D47.1213

1 Cape Verde Escudo   = D0.50196

1 CFA Franc BCEAO = D0.08461

1 CFA Franc BEAC    = D0.08461

1 Ghanaian New Cedi   = D10.4180

1 Guinean Franc           = D0.00518

1 Liberian Dollar          = D0.37381

1 Nigerian Naira           = D012973

1 Sierra Leone Leone   = D0.00609

December 15, 2017

1 Euro = D55.6979

1 British Pound = D63.3266

1 US Dollars = D47.1568

1 Cape Verde Escudo   = D0.50416

1 CFA Franc BCEAO = D0.08491

1 CFA Franc BEAC    = D0.08491

1 Ghanaian New Cedi   = D10.4642

1 Guinean Franc           = D0.00519

1 Liberian Dollar          = D0.37409

1 Nigerian Naira           = D013026

1 Sierra Leone Leone   = D0.00609

December 14, 2017

1 Euro = D55.5190

1 British Pound = D63.0133

1 US Dollars = D47.1893

1 Cape Verde Escudo   = D0.50203

1 CFA Franc BCEAO = D0.08464

1 CFA Franc BEAC    = D0.08464

1 Ghanaian New Cedi   = D10.4473

1 Guinean Franc           = D0.00518

1 Liberian Dollar          = D0.37439

1 Nigerian Naira           = D013005

1 Sierra Leone Leone   = D0.00609

December 13, 2017

1 Euro = D55.4677

1 British Pound = D62.9061

1 US Dollars = D47.1767

1 Cape Verde Escudo   = D0.50180

1 CFA Franc BCEAO = D0.08456

1 CFA Franc BEAC    = D0.08456

1 Ghanaian New Cedi   = D10.4469

1 Guinean Franc           = D0.00518

1 Liberian Dollar          = D0.37432

1 Nigerian Naira           = D012984

1 Sierra Leone Leone   = D0.00608

December 12, 2017

1 Euro = D55.5646

1 British Pound = D63.0445

1 US Dollars = D47.1502

1 Cape Verde Escudo   = D0.50256

1 CFA Franc BCEAO = D0.08471

1 CFA Franc BEAC    = D0.08471

1 Ghanaian New Cedi   = D10.4457

1 Guinean Franc           = D0.00519

1 Liberian Dollar          = D0.37410

1 Nigerian Naira           = D012984

1 Sierra Leone Leone   = D0.00609

December 11, 2017

1 Euro = D55.4711

1 British Pound = D63.0818

1 US Dollars = D47.1357

1 Cape Verde Escudo   = D0.50158

1 CFA Franc BCEAO = D0.0857

1 CFA Franc BEAC    = D0.08457

1 Ghanaian New Cedi   = D10.4420

1 Guinean Franc           = D0.00518

1 Liberian Dollar          = D0.37401

1 Nigerian Naira           = D013020

1 Sierra Leone Leone   = D0.00610

Please note that with the exception of Guinea Conakry, all Francophone EOWAS-member countries and Guinea Bissau use CFA Franc BCEAO or CFA Franc BEAC.  Additionally, with the exception of the Nigerian Naira, the Gambian Dalasi continues to depreciate against other currencies of ECOWAS-member countries.

Sincerely,

Dr. Lamin Conteh, Niani Bay Ray

Source: Currency Converter

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