HomeCAD / GMD • Currency
add
CAD / GMD
Previous close
53.70
Market news
About Canadian Dollar
The Canadian dollar is the currency of Canada. It is abbreviated with the dollar sign $. There is no standard disambiguating form, but the abbreviations Can$, CA$ and C$ are frequently used for distinction from other dollar-denominated currencies. It is divided into 100 cents.
Owing to the image of a common loon on its reverse, the dollar coin, and sometimes the unit of currency itself, may be referred to as the loonie by English-speaking Canadians and foreign exchange traders and analysts. Likewise, amongst French-speaking Canadians, the French word for loon, huard, is also commonly used.
Accounting for approximately two per cent of all global reserves, as of January 2024 the Canadian dollar is the fifth-most held reserve currency in the world, behind the US dollar, euro, yen, and sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems. WikipediaAbout Gambian Dalasi
The dalasi is the currency of The Gambia that was adopted in 1971. It is subdivided into 100 bututs. It replaced the Gambian pound at a rate of 1 pound per 5 dalasis, i.e. 1 dalasi equalling 0.2 pound or 4 shillings.
The derivative of dala is unknown. In numerous languages in the Francophonie, currency terms refer to the former 5 French West African franc note, but to which the origins are not known. One speculated origin is a pronunciation of "dollar"; however, variants of dalasi in other Mandinka dialects counter this speculation while butut is from Wolof butuut, "small thing".
As a result of inflation, butut coins have completely disappeared from circulation and the minimum monetary unit has become 50 butut. Wikipedia