The dalasi is the currency of the Gambia. It is subdivided into 100 bututs. The dalasi was adopted in 1971. It replaced the Gambian pound at a rate of 1 pound = 5 dalasis, i.e., 1 dalasi = 0.2 pound = 4 shillings. The name derives from dala, a nickname of the 5 French West African franc note, which in turn derived from "dollar.", while butut is from Wolof butuut, "small thing."