The pound (symbol: £) was the currency of The Gambia between 1965 and 1971. Gambia used the British West African pound until it issued its own currency on October 5, 1964. In 1971, the dalasi replaced the pound at a rate of £1 = D5 (or D1 = 4/–). 1 pound was made up of 20 shillings (symbol: "s" or "/–"), each shilling consisting of 12 pence (symbol: "d", for denarius).