Convert Namibian Dollar to Libyan Dinar
Please provide values below to convert Namibian Dollar [NAD] to Libyan Dinar [LYD], or Convert Libyan Dinar to Namibian Dollar.
How to Convert Namibian Dollar to Libyan Dinar
1 NAD = 3.23631171702284 LYD
Example: convert 15 NAD to LYD:
15 NAD = 15 × 3.23631171702284 LYD = 48.5446757553427 LYD
Namibian Dollar to Libyan Dinar Conversion Table
| Namibian Dollar | Libyan Dinar |
|---|
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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.