GMD black market rate on Aug 31, 2026: 74.7 per USD
On Monday, August 31, 2026, the US dollar traded at about 74.7 GMD on Gambia's parallel (black) market at the close of observations. The day opened at 73.99 GMD, reached a high of 74.7 and a low of 73.5, a trading range of 1.2 GMD (1.63%).
Across 288 observations, the average price to buy dollars was 74.27 GMD and the average price received when selling dollars was 75.96 GMD. Over the session the Gambian Dalasi weakened against the dollar (+0.96% from open to close).
Official rate vs black market rate on Aug 31, 2026
The official exchange rate published for Gambia on this date was 75.01 GMD per USD. The parallel-market close of 74.7 GMD therefore implied a premium of -0.42% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Aug 31, 2026 compares
Compared with the previous observed day (Aug 30, 2026, close 73.99 GMD), the rate moved +0.96%.
One week earlier (Aug 24, 2026) the close was 74.62 GMD, so the weekly change was +0.11%.
Thirty days earlier (Aug 1, 2026) the close was 74.76 GMD, a -0.07% move over the month.
How this daily figure is produced
ETCurrency samples Gambia's USD/GMD parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Aug 31, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Gambian Dalasi black market rate on Aug 31, 2026?
- The USD to GMD parallel market rate closed at approximately 74.7 GMD per US dollar on Monday, August 31, 2026, after trading between 73.5 and 74.7 GMD.
- How much did the GMD move against the dollar that day?
- From an open of 73.99 to a close of 74.7 GMD, the parallel rate moved +0.96% on Aug 31, 2026.
- What was the gap between the official and black market GMD rate on that date?
- The official rate was 75.01 GMD per USD versus a parallel close of 74.7 GMD, a premium of -0.42%.
- Was the GMD black market rate higher or lower than the day before?
- Higher: the previous observed close was 73.99 GMD on Aug 30, 2026, a change of +0.96%.
Figures are aggregated parallel-market observations for Gambia in UTC and are indicative only; they are not a quote to trade. See the full USD → Gambian Dalasi history or today's live rate.