Convert Namibian Dollar to Australian Dollar
Please provide values below to convert Namibian Dollar [NAD] to Australian Dollar [AUD], or Convert Australian Dollar to Namibian Dollar.
How to Convert Namibian Dollar to Australian Dollar
1 NAD = 11.4875098090505 AUD
Example: convert 15 NAD to AUD:
15 NAD = 15 × 11.4875098090505 AUD = 172.312647135757 AUD
Namibian Dollar to Australian Dollar Conversion Table
| Namibian Dollar | Australian Dollar |
|---|
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.