Convert Namibian Dollar to South Korean Won
Please provide values below to convert Namibian Dollar [NAD] to South Korean Won [KRW], or Convert South Korean Won to Namibian Dollar.
How to Convert Namibian Dollar to South Korean Won
1 NAD = 0.0127058194181971 KRW
Example: convert 15 NAD to KRW:
15 NAD = 15 × 0.0127058194181971 KRW = 0.190587291272956 KRW
Namibian Dollar to South Korean Won Conversion Table
Namibian Dollar | South Korean Won |
---|
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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.