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United States Dollar to Gambian Dalasi
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About United States Dollar
The United States dollar is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.
The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains fine silver or, from 1834, 23.22 grains fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War. The dollar is the most widely used currency in international transactions, and a free-floating currency. WikipediaAbout Gambian Dalasi
The dalasi is the currency of The Gambia that was adopted in 1971. It is subdivided into 100 bututs. It replaced the Gambian pound at a rate of 1 pound = 5 dalasis, i.e. 1 dalasi = 0.2 pound = 4 shillings.
The derivative of dala is unknown. In numerous languages in the Francophonie, currency terms refer to the former 5 French West African franc note, but to which the origins are not known. One speculated origin is a pronunciation of "dollar"; however, variants of dalasi in other Mandinka dialects counter this speculation while butut is from Wolof butuut, "small thing".
As a result of inflation, now bututs coins have completely disappeared from circulation and the minimum monetary unit has become 50 Butut. Wikipedia