Convert Namibian Dollar to Ethiopian Birr
Please provide values below to convert Namibian Dollar [NAD] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Namibian Dollar.
How to Convert Namibian Dollar to Ethiopian Birr
1 NAD = 0.128564549039354 ETB
Example: convert 15 NAD to ETB:
15 NAD = 15 × 0.128564549039354 ETB = 1.92846823559031 ETB
Namibian Dollar to Ethiopian Birr Conversion Table
| Namibian Dollar | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.