LocalExchangeRates.com

Official Rate Sheet: Gambian Dalasi (GMD) / Cape Verdean Escudo (CVE)

Date generated:

Mid-Market Rate: 1 GMD = 1.3345 CVE

Real-Time Interbank Wholesale Feed: October 6, 2026

Gambian Dalasi to Cape Verdean Escudo Exchange Rate (GMD to CVE)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 GMD in CVE?

1 GMD = 1.3345 CVE

At the current mid-market wholesale exchange rate, converting 1,000 Gambian Dalasi (GMD) yields approximately 1,334.47 Cape Verdean Escudo (CVE) (inverse rate: 1 CVE = 0.7494 GMD). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): GMD

You Receive (Estimate): CVE

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 GMD = 1.3345 CVE

Kurs odwrotny: 1 CVE = 0.7494 GMD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check CVE to GMD (Cape Verdean Escudo to Gambian Dalasi) Live Converter →

GMD to CVE Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Gambian Dalasi against Cape Verdean Escudo

Period High

1.3505 CVE

Period Low

1.3185 CVE

Volatility / Avg

1.3345 CVE

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 1.3185 CVE

Max: 1.3505 CVE

52-Week Range (1Y) Current Position: 65% Range

Min: 1.2878 CVE

Max: 1.3812 CVE

Standard Denomination Conversion Matrix (GMD & CVE)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Gambian Dalasi → Cape Verdean Escudo (GMD / CVE)

Wholesale Benchmark

Gambian Dalasi (GMD)	Cape Verdean Escudo (CVE)
1 GMD	1.33 CVE
5 GMD	6.67 CVE
10 GMD	13.34 CVE
25 GMD	33.36 CVE
50 GMD	66.72 CVE
100 GMD	133.45 CVE
200 GMD	266.89 CVE
250 GMD	333.62 CVE
500 GMD	667.24 CVE
1,000 GMD	1,334.47 CVE
2,500 GMD	3,336.18 CVE
5,000 GMD	6,672.36 CVE
10,000 GMD	13,344.72 CVE

Cape Verdean Escudo → Gambian Dalasi (CVE / GMD)

Wholesale Benchmark

Cape Verdean Escudo (CVE)	Gambian Dalasi (GMD)
1 CVE	0.75 GMD
5 CVE	3.75 GMD
10 CVE	7.49 GMD
25 CVE	18.73 GMD
50 CVE	37.47 GMD
100 CVE	74.94 GMD
200 CVE	149.87 GMD
250 CVE	187.34 GMD
500 CVE	374.68 GMD
1,000 CVE	749.36 GMD
2,500 CVE	1,873.40 GMD
5,000 CVE	3,746.80 GMD
10,000 CVE	7,493.60 GMD

Provider / Channel	GMD/CVE Effective Exchange Rate	Estimated Fee	Estimated Received (CVE)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	1.3345 CVE	0.00%	6,672.36 CVE	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	1.2878 CVE	~3.50%	6,438.83 CVE	-233.53 CVE
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	1.2010 CVE	~10.00%	6,005.13 CVE	-667.24 CVE

1 GMD to CVE: Gambian Dalasi to Cape Verdean Escudo Exchange Guide

Searches for 1 GMD to CVE or convert GMD to CVE describe the amount of Cape Verdean Escudo received per 1 Gambian Dalasi. At today's wholesale baseline of 1 GMD = 1.3345 CVE (inverse: 1 CVE = 0.7494 GMD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Gambia ↔ Cape Verde)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Central Bank of The Gambia (CBG) and Bank of Cape Verde (BCV) shape the medium-to-long term valuation of GMD/CVE.

GMD and CVE Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Gambia and Cape Verde.

How the GMD to CVE Exchange Rate Works

Foreign exchange transactions between Gambia (GMD) and Cape Verde (CVE) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between GMD and CVE:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Central Bank of The Gambia (CBG) and Bank of Cape Verde (BCV) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Gambia and Cape Verde exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (CVE) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Gambian Dalasi to Cape Verdean Escudo Conversion

Common questions regarding Gambian Dalasi to Cape Verdean Escudo conversion, bank spreads, and transfer costs.

How much is 1,000 GMD in CVE today?

At the current mid-market exchange rate (1 GMD = 1.3345 CVE), 1,000 Gambian Dalasi equals approximately 1,334.47 Cape Verdean Escudo. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Gambian Dalasi?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with GMD?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Central Bank of The Gambia (CBG)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.