THE GAMBIA
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The Gambian Dalasi
The dalasi is the currency of the Gambia. It is
subdivided into 100 bututs. The dalasi was adopted in 1971. It replaced the
Gambian pound at a rate of 1 pound = 5 dalasis, i.e., 1 dalasi = 0.2 pound = 4
shillings.
Coins
In 1971, coins were introduced in denominations of 1, 5, 10, 25 and 50 bututs
and 1 dalasi. The reverse designs of the three higher denominations were taken
from the corresponding denominations of the previous currency (1, 2 and 4
shillings), with the reverse designs for the lower three coins coming from the
6, 1 and 3 pence coins, respectively.
New 1 dalasi coins were introduced in 1987, modelled on the British 50 pence
coin .
Currently only the 25 and 50 bututs and 1 dalasi coins are in circulation. The
current coins are of the 1998 issue which also included 1, 5 and 10 bututs coins
which have since been removed from circulation.
Banknotes
Banknotes currently in circulation are 5, 10, 25, 50, and 100 dalasis. In 2006
the banknote designs were upgraded and modernized. All older series of banknotes
remain legal tender.
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Page created: 9 July 2007
Last Update: 9 July 2007
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