1 GMD to ISK - Convert Gambian Dalasi to Icelandic Króna

Looking at the 30-day window, the GMD/ISK pair traded in a range of 1.5902 to 1.7002. The monthly average was 1.6506 with 1.88% volatility. The relatively low volatility indicates stable trading conditions for the GMD/ISK currency pair.

The current mid-market exchange rate is 1 GMD = 1.6971 ISK, updated as of July 3, 2026, 7:29 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 Icelandic Króna Exchange Rate

The GMD/ISK exchange rate tells you how many Icelandic Króna (ISK) you receive for every Gambian Dalasi (GMD). At the current mid-market rate of 1 GMD = 1.6971 ISK, 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.

Historical GMD/ISK Trends

The GMD/ISK exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Sending Money from GMD to ISK

International money transfers from Gambian Dalasi to Icelandic Króna can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

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 ISK and other currencies.

Icelandic Króna Overview

The Icelandic Krona (ISK) is the official currency of Iceland. One of the world's smallest independent currencies, it is influenced by tourism, fishing, and aluminum exports. The ISK exchange rate against GMD reflects relative economic conditions between the two currency areas.

Reverse Rate: ISK to GMD

The reverse exchange rate is 1 ISK = 0.589228 GMD. This is useful if you are starting with Icelandic Króna and want to know how much Gambian Dalasi you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated ISK to GMD converter for the reverse direction.