1 GMD to BTN - Convert Gambian Dalasi to Bhutanese Ngultrum

Looking at the 30-day window, the GMD/BTN pair traded in a range of 1.2291 to 1.3164. The monthly average was 1.2742 with 2.03% volatility. The relatively low volatility indicates stable trading conditions for the GMD/BTN currency pair.

The current mid-market exchange rate is 1 GMD = 1.2819 BTN, updated as of July 3, 2026, 8:52 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Gambian Dalasi to Bhutanese Ngultrum Exchange Rate

The GMD/BTN exchange rate tells you how many Bhutanese Ngultrum (BTN) you receive for every Gambian Dalasi (GMD). At the current mid-market rate of 1 GMD = 1.2819 BTN, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the GMD to BTN Rate

Exchange rates between Gambian Dalasi and Bhutanese Ngultrum are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the GMD/BTN rate fluctuates throughout trading sessions and over longer time periods.

Gambian Dalasi Overview

The Gambian Dalasi (GMD) is the official currency of The Gambia. Tourism and groundnut (peanut) exports are the primary economic drivers for Africa's smallest mainland country. Understanding the fundamentals behind GMD helps contextualize its exchange rate movements against BTN and other currencies.

Bhutanese Ngultrum Overview

The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, pegged to the Indian Rupee. Hydroelectric power exports to India are Bhutan's primary revenue source. The BTN exchange rate against GMD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 GMD = 1.2819 BTN shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.