Convert Namibian Dollar to Peruvian Nuevo Sol
Please provide values below to convert Namibian Dollar [NAD] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Namibian Dollar.
How to Convert Namibian Dollar to Peruvian Nuevo Sol
1 NAD = 4.9376563510133 PEN
Example: convert 15 NAD to PEN:
15 NAD = 15 × 4.9376563510133 PEN = 74.0648452651994 PEN
Namibian Dollar to Peruvian Nuevo Sol Conversion Table
| Namibian Dollar | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.