Currency Exchange Rates and Currency Pair IDR/GMD

The currency pair IDR/GMD represents the exchange rate between the Indonesian Rupiah (IDR) and the Gambian Dalasi (GMD). To understand the dynamics between these two currencies, it is important to know their respective economic and financial backgrounds.

Indonesian Rupiah (IDR)

The Indonesian Rupiah is the official currency of Indonesia, one of Southeast Asia's largest economies. The currency has a long history and is known for its high inflation and volatility. Indonesia is a significant exporter of commodities such as oil, gas, coal, and palm oil, which affects the currency's value in the global market. The central bank of Indonesia, Bank Indonesia, monitors and regulates the currency's stability and has taken several measures to manage inflation and strengthen the economy.

Gambian Dalasi (GMD)

The Gambian Dalasi is the official currency of Gambia, a small West African nation. Gambia has an economy that is primarily dependent on agriculture, tourism, and fishing. The currency's value is influenced by the country's trade balance, inflow of remittances from abroad, and political stability. The Central Bank of The Gambia is responsible for maintaining financial stability and managing monetary policy.

Convert Between Currencies

On our website, you can easily convert between different currencies, including IDR and GMD. Follow these simple steps to perform a conversion:

Enter the amount you want to convert.
Select the source currency.
Choose the target currency.
The conversion will then occur automatically.

A chart with historical figures for the currency pair will be presented along with the conversion, giving you a better insight into the currency's performance over time.