Convert Namibian Dollar to Turkmenistani Manat
Please provide values below to convert Namibian Dollar [NAD] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Namibian Dollar.
How to Convert Namibian Dollar to Turkmenistani Manat
1 NAD = 5.01905714285714 TMT
Example: convert 15 NAD to TMT:
15 NAD = 15 × 5.01905714285714 TMT = 75.2858571428571 TMT
Namibian Dollar to Turkmenistani Manat Conversion Table
| Namibian Dollar | Turkmenistani Manat |
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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.
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.