Convert Namibian Dollar to Iranian Rial
Please provide values below to convert Namibian Dollar [NAD] to Iranian Rial [IRR], or Convert Iranian Rial to Namibian Dollar.
How to Convert Namibian Dollar to Iranian Rial
1 NAD = 0.000413941065308425 IRR
Example: convert 15 NAD to IRR:
15 NAD = 15 × 0.000413941065308425 IRR = 0.00620911597962638 IRR
Namibian Dollar to Iranian Rial Conversion Table
| Namibian Dollar | Iranian Rial |
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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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.