1 GMD to UGX - Convert Gambian Dalasi to Ugandan Shilling

Looking at the 30-day window, the GMD/UGX pair traded in a range of 47.8917 to 51.2432. The monthly average was 49.7684 with 1.86% volatility. The relatively low volatility indicates stable trading conditions for the GMD/UGX currency pair.

The current mid-market exchange rate is 1 GMD = 49.3152 UGX, updated as of July 3, 2026, 2:48 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 Ugandan Shilling Exchange Rate

The GMD/UGX exchange rate tells you how many Ugandan Shilling (UGX) you receive for every Gambian Dalasi (GMD). At the current mid-market rate of 1 GMD = 49.3152 UGX, 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 UGX Rate

Exchange rates between Gambian Dalasi and Ugandan Shilling 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/UGX rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best GMD to UGX Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Historical GMD/UGX Trends

The GMD/UGX 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.

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 UGX and other currencies.