LocalExchangeRates.com

Official Rate Sheet: Gambian Dalasi (GMD) / Israeli New Shekel (ILS)

Date generated:

Mid-Market Rate: 1 GMD = 0.0416 ILS

Real-Time Interbank Wholesale Feed: October 6, 2026

Gambian Dalasi to Israeli New Shekel Exchange Rate (GMD to ILS)

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 ILS?

1 GMD = 0.0416 ILS

At the current mid-market wholesale exchange rate, converting 1,000 Gambian Dalasi (GMD) yields approximately 41.62 Israeli New Shekel (ILS) (inverse rate: 1 ILS = 24.0295 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): ILS

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

Kurs rynkowy: 1 GMD = 0.0416 ILS

Kurs odwrotny: 1 ILS = 24.0295 GMD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check ILS to GMD (Israeli New Shekel to Gambian Dalasi) Live Converter →

GMD to ILS Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Gambian Dalasi against Israeli New Shekel

Period High

0.0421 ILS

Period Low

0.0411 ILS

Volatility / Avg

0.0416 ILS

Mid-Market Trend

+0.25%

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

Min: 0.0411 ILS

Max: 0.0421 ILS

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

Min: 0.0402 ILS

Max: 0.0431 ILS

Standard Denomination Conversion Matrix (GMD & ILS)

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

Gambian Dalasi → Israeli New Shekel (GMD / ILS)

Wholesale Benchmark

Gambian Dalasi (GMD)	Israeli New Shekel (ILS)
1 GMD	0.04 ILS
5 GMD	0.21 ILS
10 GMD	0.42 ILS
25 GMD	1.04 ILS
50 GMD	2.08 ILS
100 GMD	4.16 ILS
200 GMD	8.32 ILS
250 GMD	10.40 ILS
500 GMD	20.81 ILS
1,000 GMD	41.62 ILS
2,500 GMD	104.04 ILS
5,000 GMD	208.08 ILS
10,000 GMD	416.15 ILS

Israeli New Shekel → Gambian Dalasi (ILS / GMD)

Wholesale Benchmark

Israeli New Shekel (ILS)	Gambian Dalasi (GMD)
1 ILS	24.03 GMD
5 ILS	120.15 GMD
10 ILS	240.30 GMD
25 ILS	600.74 GMD
50 ILS	1,201.48 GMD
100 ILS	2,402.95 GMD
200 ILS	4,805.90 GMD
250 ILS	6,007.38 GMD
500 ILS	12,014.76 GMD
1,000 ILS	24,029.52 GMD
2,500 ILS	60,073.81 GMD
5,000 ILS	120,147.62 GMD
10,000 ILS	240,295.24 GMD

Provider / Channel	GMD/ILS Effective Exchange Rate	Estimated Fee	Estimated Received (ILS)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0416 ILS	0.00%	208.08 ILS	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0402 ILS	~3.50%	200.79 ILS	-7.28 ILS
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0375 ILS	~10.00%	187.27 ILS	-20.81 ILS

1 GMD to ILS: Gambian Dalasi to Israeli New Shekel Exchange Guide

Searches for 1 GMD to ILS or convert GMD to ILS describe the amount of Israeli New Shekel received per 1 Gambian Dalasi. At today's wholesale baseline of 1 GMD = 0.0416 ILS (inverse: 1 ILS = 24.0295 GMD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Gambia ↔ Israel)

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 Israel (BoI) shape the medium-to-long term valuation of GMD/ILS.

GMD and ILS Currency Profiles

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

How the GMD to ILS Exchange Rate Works

Foreign exchange transactions between Gambia (GMD) and Israel (ILS) 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 ILS:

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 Israel (BoI) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Gambia and Israel 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 (ILS) 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 Israeli New Shekel Conversion

Common questions regarding Gambian Dalasi to Israeli New Shekel conversion, bank spreads, and transfer costs.

How much is 1,000 GMD in ILS today?

At the current mid-market exchange rate (1 GMD = 0.0416 ILS), 1,000 Gambian Dalasi equals approximately 41.62 Israeli New Shekel. 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.