Convert Euro to Namibian Dollar
Please provide values below to convert Euro [EUR] to Namibian Dollar [NAD], or Convert Namibian Dollar to Euro.
How to Convert Euro to Namibian Dollar
1 EUR = 0.0485407048563475 NAD
Example: convert 15 EUR to NAD:
15 EUR = 15 × 0.0485407048563475 NAD = 0.728110572845213 NAD
Euro to Namibian Dollar Conversion Table
| Euro | Namibian Dollar |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.