Also, view Rand to Namibian Dollar currency charts. Rates are based on real time exchange rates. The currency code for Dollars is NAD, and the currency symbol is $. The Rand circulates freely in Namibia, Swaziland and Lesotho. The symbol for NAD can be written N$. Convert 1 Namibian Dollar to South African Rand. Initially alternative names for the Namibian dollar were suggested including the Namibian kalahar, referencing the Kalahari Desert in the east of Namibia. Try always to work with Rand! History. 2 transactions, rather than one. The rand is still legal tender, as the Namibian dollar is linked to the South African rand and can be … This page shows the historical data for South African Rand(ZAR) To Namibian Dollar(NAD) From Wednesday 18/11/2020 To Thursday 10/12/2020. Use "Swap currencies" to make South African Rand the default currency. The Namibian dollar is the official currency of Namibia and has been in use since the year 1993. The South African Rand is also known as Rands. The South African Randwas the official currency from 1920 to 1990. The currency of Namibia is the Namibian dollar (N$). This is actually a very recent currency to be introduced into Africa. ZAR NAD - Currency Exchange From South African Rand To Namibia Dollars With ZAR NAD Rate, ZAR NAD Converter, ZAR NAD Chart And ZAR NAD History along with converting ZAR . The Namibian Dollar is the currency in Namibia (NA, NAM). The South African Rand is the currency in South Africa (ZA, ZAF). The symbol for ZAR can be written R. The Namibian Dollar is divided into 100 cents. Currency exchange rates updates every day and use average rates based on Trusted International exchange rate. The ZAR conversion factor has 6 significant digits. The Namibian dollar has denominations of 200, 100, 50, 20 and 10 dollar notes, 5 and 1 dollar coins and 50, 10 and 5 cent coins. Prices might differ from those given by financial institutions as banks (South African Reserve Bank, Bank of Namibia), brokers or money transfer companies. Includes a live currency converter, handy conversion table, last 7 days exchange rate history and some live Namibian Dollars to South African Rands charts. TheNam dollar is pegged to the Rand (although its probably worth about 10-20% less!!) The exchange rate for the South African Rand was last updated on December 13, 2020 from The International Monetary Fund. This Namibian Dollar and South African Rand convertor is up to date with exchange rates from December 14, 2020. Print the charts and take them with you in your purse or wallet while you are traveling. Namibia is benefiting from a currency peg with South Africa’s rand, even after it slumped 6 percent against the dollar in the past six months, central bank Governor Ipumbu Shiimi said. The national currency in Namibia is the Namibian Dollar which is linked to and equals in value to the South African Rand which is also a legal tender in Namibia. It’s divided into 100 cents, and is linked to the South African rand. Live exchange rate updated 2020-11-26 and show price for 1 ZAR equal 1.009661 NAD The Namibia dollar code is NAD. Exchange rates are updated every 15 minutes. Regional neighbours Lesotho and Eswatini, formerly known as Swaziland, have a similar arrangement. Global Conversion: The rand is still legal tender, as the Namibian dollar is linked to the South African rand and can be exchanged on a one-to-one basis locally. More Namibian Dollar info > انجليزية | Англійская | Български | Català | Český | Dansk | Deutsch | Ελληνικά | English | Español | Eesti | Suomi | Français | Gaeilge | हिंदी | Bosanski jezik | Magyar | Indonesia | Íslenska | Italiano | עברית | 日本語 | 한국어 | Lietuviškai | Latvijas | Македонски | Melayu | Maltija | Nederlands | Norske | Polski | Português | Română | Русский | Slovensky | Slovenski | Shqiptar | Српски | Svenska | ภาษาไทย | Türkçe | Українська | Tiếng Anh | 中文（简体） | 繁體中文, Add currency calculators or rates to your website | Like Coinmill on Facebook, Copyright (C) 2003-2020 Stephen Ostermiller | Privacy Policy, Add currency calculators or rates to your website. Includes a live currency converter, handy conversion table, last 7 days exchange rate history and some live Dollars to Namibian Dollars charts. It is mostly shortened with the dollar symbol $ or N$ to differentiate it with other currencies designated as the US dollar. 1 ZAR = 1.01 NAD. South African Rand Exchange rates for more than 190 currencies in the world, latest rates could be used for the currency converter. The Namibian Dollar and the South African Rand are both used side by side as the countries currency. With the history chart of this currency pairs you can review market history and analyze rate trends. The Namibian dollar is pegged to the South African rand. This currency calculator is provided in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. The United States Dollar is the currency in American Samoa (AS, ASM), British Virgin Islands (VG, VGB, BVI), El Salvador (SV, SLV), Guam (GU, GUM), Marshall Islands (MH, MHL), Micronesia (Federated States of Micronesia, FM, FSM), Northern Mariana Islands (MP, MNP), Palau (PW, PLW), Puerto Rico (PR, PRI), United States … Online converter of Namibia Dollars to South African Rand is a handy calculator to convert free of charge the value of any currency to another one for today 2020-11-12 at the rate of «Open Exchange Rates». The Rand is still considered legal tender in Namibia; the Namibia Dollar is pegged to the Rand at a rate of 1:1. The Namibian dollar replaced the South African rand, which had been the country's currency while it was under South African rule as South-West Africa 1920-1990. All rights reserved, Bosnia and Herzegovina convertible mark - BAM. The South African Rand is also known as Rands. Rand and Namibian dollar are interchangeable IN NAMIBIA. Our currency rankings show that the most popular Namibia Dollar exchange rate is the USD to NAD rate. The country was once ruled by South Africa and when this was the case – between 1920 and 1990 – Namibia used the South African rand. The rand is still legal tender, as the Namibian dollar is linked to the South African rand and can be exchanged on a one-to-one basis locally. Namibia also has a very extensive banking system, and credit cards and bank cards usually work well! Currency in Namibia. The currency code for Rand is ZAR, and the currency symbol is R. More South African Rand info > NAD - Namibian Dollar. The Namibian Dollar is the currency in Namibia (NA, NAM). NAD Exchange Rates; Bank of Namibia The Namibian dollar replaced the South African rand, which had been the country's currency while it was under South African rule as South-West Africa 1920-1990. The rand was introduced in 1961 and takes its name from the Witwatersrand, the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. The symbol for ZAR can be written R. Namibia, a country bigger than France by land area but with a population of just 2.6-million people, introduced its own currency in 1993, pegged at parity to the rand, three years after gaining independence from SA. Only in Namibia can you use the Nam dollar. Answer 1 of 19: This is for general information, from experience of travelling to Namibia from the UK. Answer 1 of 19: This is for general information, from experience of travelling to Namibia from the UK. So, if you took USD, pounds or euros, you would only have to pay again to change them into Nam dollars or Rand. The dollar replaced the South African rand, which had been the country's currency while it was under South African rule as South-West Africa from 1920 until 1990, at par. The Namibian Dollar and the South African Rand are both used side by side as the countries currency. Currency conversion rates from Namibian Dollar to South African Rand today Sat, 17 Oct 2020: convert from NAD to ZAR and also convert in a reverse direction. On this page convert USD to NAD using live currency rates as of 28/10/2020 18:53. Its smallest unit is 100 cents. The South African Rand is divided into 100 cents. The South African rand was the official currency of Namibia from 1920 until 1990. the rand is legal tender in Namibia and there are no costs involved in converting the Namibia dollar into the South African rand. Convert Namibian Dollars to South African Rands with a conversion calculator, or Namibian Dollars to Rands conversion tables. They are valued at 1 : 1. NAD Namibian Dollar * Country Namibia Region Africa Sub-Unit 1 N$ = 100 cents Symbol N$ *Pegged: 1 ZAR = 1.00000 NAD. The country was part of the Common Monetary Area from 1990 to 1993 (making the rand the de facto currency) until the Namibian dollar was introduced. The symbol for NAD can be written N$. Get also a Rand to Namibian Dollar currency converter widget or currency conversion guide sheet or chart for your website. The South African rand/Namibian dollar converter is provided without any warranty. Also, view Namibian Dollar to Rand currency charts. Exchange rates are updated every 15 minutes. Use Currency converter … Convert South African Rands to Namibian Dollars with a conversion calculator, or Rands to Namibian Dollars conversion tables. Latest Currency Exchange Rates: 1 Namibian Dollar = 0.9993 South African Rand On this page convert NAD to ZAR using live currency rates as of 12/09/2020 13:48. Click on South African Rand or Namibian Dollars to convert between that currency and all other currencies. The rand is also legal tender in Namibia at a rate of 1:1. The Namibian Dollar is divided into 100 cents. The Namibian dollar replaced the South African rand, which had been the country's currency while it was under South African rule as South-West Africa 1920-1990. It's best to keep your forex as a reserve for emergency use! This can be confusing, given that there are three sets of coins and notes in use: … The exchange rate for The Namibian Dollar was last updated on December 14, 2020 from Yahoo Finance. Get live exchange rates, historical rates & charts for NAD to ZAR with XE's free currency calculator. The NAD conversion factor has 4 significant digits. They are valued at 1 : 1. You can draw cash from ATMs in Namibia using your international bank cards. When Namibia gained its own independence in 1990 it was decided to bring in its own currency to replace the rand. Try not to "exchange" too much hard currency, rather draw local from an ATM, and only as much as you need! Get also a Namibian Dollar to Rand currency converter widget or currency conversion guide sheet or chart for your website. © The Money Converter 2020. Enter the amount to be converted in the box to the left of Namibian Dollar. An estimated saving of 3.8% of GDP has been suggested in a previous study. The South African Rand is the currency in South Africa (ZA, ZAF). The Namibian Dollar is the currency in Namibia (NA, NAM). This page shows a rate of South African Rand for 1 Namibian Dollar and compare local money of Namibia and South Africa. Ultimately the government settled on the name: … Today conversion rate: 1 South African Rand worth 1.01 Namibian Dollars. Compared to an estimated saving of 0.5% of GNP from the common currency in the EU, the If you’re travelling to Namibia after spending time in South Africa, rands are accepted everywhere in Namibia (although Namibian dollars are not accepted in South Africa). Rates are based on real time exchange rates. Currency conversion rates from South African Rand to Zambian Kwacha today Sat, 05 Dec 2020: convert from ZAR to ZMK and also convert in a reverse direction. The South African Rand is divided into 100 cents. More information: currency converter.