1 GMD to PAB - Convert Gambian Dalasi to Panamanian Balboa

Looking at the 30-day window, the GMD/PAB pair traded in a range of 0.013000 to 0.013800. The monthly average was 0.013425 with 1.81% volatility. The relatively low volatility indicates stable trading conditions for the GMD/PAB currency pair.

The current mid-market exchange rate is 1 GMD = 0.013458 PAB, updated as of July 3, 2026, 12:40 PM 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 Panamanian Balboa Exchange Rate

The GMD/PAB exchange rate tells you how many Panamanian Balboa (PAB) you receive for every Gambian Dalasi (GMD). At the current mid-market rate of 1 GMD = 0.013458 PAB, 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 PAB Rate

Exchange rates between Gambian Dalasi and Panamanian Balboa 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/PAB rate fluctuates throughout trading sessions and over longer time periods.

Historical GMD/PAB Trends

The GMD/PAB 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 PAB

International money transfers from Gambian Dalasi to Panamanian Balboa 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 PAB and other currencies.

Panamanian Balboa Overview

The Panamanian Balboa (PAB) is the official currency of Panama, pegged at par to the US Dollar. Panama Canal revenue, banking, and logistics drive the economy. The PAB exchange rate against GMD reflects relative economic conditions between the two currency areas.