Convert Australian Dollar to Namibian Dollar
Please provide values below to convert Australian Dollar [AUD] to Namibian Dollar [NAD], or Convert Namibian Dollar to Australian Dollar.
How to Convert Australian Dollar to Namibian Dollar
1 AUD = 0.0870510682142918 NAD
Example: convert 15 AUD to NAD:
15 AUD = 15 × 0.0870510682142918 NAD = 1.30576602321438 NAD
Australian Dollar to Namibian Dollar Conversion Table
| Australian Dollar | Namibian Dollar |
|---|
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
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.