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Currency history

Gambian pound

Gambian pound: a historical unit of account.

Dates in use
Introduction and ending not established
Ancestry branch
Sterling

Its place in the family

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Parents 1

Gambian pound

This currency

Children 1

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The story

Gambian national notes began on 5 October 1964; the central bank took over on 1 March 1971. [1]

Indexed CBG text dates the currency ordinance’s operation to 1 October 1964 and the national notes four days later. [2]

Indexed CBG text gives 21 November 1966 for national coin introduction, conflicting with the 1965 date repeated by Krus–Schuler. [3]

Turning points

Unit replacement

A US Treasury notice records Gambian decimalisation effective 1 July 1971, with five dalasis replacing one pound. [4]

Sources and evidence

  1. Nicholas Krus and Kurt Schuler · Currency Board Financial Statements, Studies in Applied Economics No.22 (December 2014) C404 ↗
  2. Central Bank of The Gambia · Evolution of Currency in The Gambia C420 ↗
  3. Central Bank of The Gambia · Evolution of Currency in The Gambia; Nicholas Krus and Kurt Schuler · Currency Board Financial Statements, Studies in Applied Economics No.22 (December 2014) C421 ↗
  4. United States Treasury, Bureau of Accounts · Treasury Reporting Rates of Exchange: 1971 compilation, amendment dated 23 July 1971 C428 ↗

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Cite this page

“Gambian pound.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000646.html

Editorial evidence supplement · Download dataset v44

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