LocalExchangeRates.com

Official Rate Sheet: Gambian Dalasi (GMD) / Tanzanian Shilling (TZS)

Date generated:

Mid-Market Rate: 1 GMD = 35.8843 TZS

Real-Time Interbank Wholesale Feed: October 6, 2026

Gambian Dalasi to Tanzanian Shilling Exchange Rate (GMD to TZS)

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 TZS?

1 GMD = 35.8843 TZS

At the current mid-market wholesale exchange rate, converting 1,000 Gambian Dalasi (GMD) yields approximately 35,884.32 Tanzanian Shilling (TZS) (inverse rate: 1 TZS = 0.0279 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): TZS

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

Kurs rynkowy: 1 GMD = 35.8843 TZS

Kurs odwrotny: 1 TZS = 0.0279 GMD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check TZS to GMD (Tanzanian Shilling to Gambian Dalasi) Live Converter →

GMD to TZS Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Gambian Dalasi against Tanzanian Shilling

Period High

36.3149 TZS

Period Low

35.4537 TZS

Volatility / Avg

35.8843 TZS

Mid-Market Trend

+0.25%

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

Min: 35.4537 TZS

Max: 36.3149 TZS

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

Min: 34.6284 TZS

Max: 37.1403 TZS

Standard Denomination Conversion Matrix (GMD & TZS)

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

Gambian Dalasi → Tanzanian Shilling (GMD / TZS)

Wholesale Benchmark

Gambian Dalasi (GMD)	Tanzanian Shilling (TZS)
1 GMD	35.88 TZS
5 GMD	179.42 TZS
10 GMD	358.84 TZS
25 GMD	897.11 TZS
50 GMD	1,794.22 TZS
100 GMD	3,588.43 TZS
200 GMD	7,176.86 TZS
250 GMD	8,971.08 TZS
500 GMD	17,942.16 TZS
1,000 GMD	35,884.32 TZS
2,500 GMD	89,710.80 TZS
5,000 GMD	179,421.60 TZS
10,000 GMD	358,843.21 TZS

Tanzanian Shilling → Gambian Dalasi (TZS / GMD)

Wholesale Benchmark

Tanzanian Shilling (TZS)	Gambian Dalasi (GMD)
1 TZS	0.03 GMD
5 TZS	0.14 GMD
10 TZS	0.28 GMD
25 TZS	0.70 GMD
50 TZS	1.39 GMD
100 TZS	2.79 GMD
200 TZS	5.57 GMD
250 TZS	6.97 GMD
500 TZS	13.93 GMD
1,000 TZS	27.87 GMD
2,500 TZS	69.67 GMD
5,000 TZS	139.34 GMD
10,000 TZS	278.67 GMD

Provider / Channel	GMD/TZS Effective Exchange Rate	Estimated Fee	Estimated Received (TZS)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	35.8843 TZS	0.00%	179,421.60 TZS	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	34.6284 TZS	~3.50%	173,141.85 TZS	-6,279.76 TZS
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	32.2959 TZS	~10.00%	161,479.44 TZS	-17,942.16 TZS

1 GMD to TZS: Gambian Dalasi to Tanzanian Shilling Exchange Guide

Searches for 1 GMD to TZS or convert GMD to TZS describe the amount of Tanzanian Shilling received per 1 Gambian Dalasi. At today's wholesale baseline of 1 GMD = 35.8843 TZS (inverse: 1 TZS = 0.0279 GMD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Gambia ↔ Tanzania)

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 Tanzania (BoT) shape the medium-to-long term valuation of GMD/TZS.

GMD and TZS Currency Profiles

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

How the GMD to TZS Exchange Rate Works

Foreign exchange transactions between Gambia (GMD) and Tanzania (TZS) 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 TZS:

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 Tanzania (BoT) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Gambia and Tanzania 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 (TZS) 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 Tanzanian Shilling Conversion

Common questions regarding Gambian Dalasi to Tanzanian Shilling conversion, bank spreads, and transfer costs.

How much is 1,000 GMD in TZS today?

At the current mid-market exchange rate (1 GMD = 35.8843 TZS), 1,000 Gambian Dalasi equals approximately 35,884.32 Tanzanian Shilling. 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.