1 IQD to GMD - Convert Iraqi Dinar to Gambian Dalasi

Looking at the 30-day window, the IQD/GMD pair traded in a range of 0.054700 to 0.058200. The monthly average was 0.056571 with 1.76% volatility. The relatively low volatility indicates stable trading conditions for the IQD/GMD currency pair.

The current mid-market exchange rate is 1 IQD = 0.056716 GMD, updated as of July 3, 2026, 1:28 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.

Iraqi Dinar to Gambian Dalasi Exchange Rate

The IQD/GMD exchange rate tells you how many Gambian Dalasi (GMD) you receive for every Iraqi Dinar (IQD). At the current mid-market rate of 1 IQD = 0.056716 GMD, 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.

Understanding the IQD/GMD Conversion

Converting Iraqi Dinar to Gambian Dalasi involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Historical IQD/GMD Trends

The IQD/GMD 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.

Iraqi Dinar Overview

The Iraqi Dinar (IQD) is the official currency of Iraq. The Central Bank of Iraq manages the currency through a managed float system, with oil exports providing the primary source of foreign exchange. Understanding the fundamentals behind IQD helps contextualize its exchange rate movements against GMD and other currencies.

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. The GMD exchange rate against IQD reflects relative economic conditions between the two currency areas.