20/12/2017: Devaluation of Algerian Dinar
The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.
26/01/2016: New N$100 and N$200 Banknotes Introduced
Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.
29/06/2014: 50th Anniversary of Algerian Dinar
Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.
30/08/2012: Introduction of N$10 Commemorative Banknote
Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.
27/10/2008: Financial Crisis Impact
Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.
01/01/2002: Replacement of Old Banknotes
Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.
21/12/1999: Introduction of Euro-Dinar Exchange Rate
The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.
01/06/1999: Introduction of New Banknotes and Coins
New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.
17/09/1994: Introduction of New Dinar
A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.
30/08/1993: Dollarization of Namibia
Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.
21/03/1990: Independence of Namibia
Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.
10/11/1973: Devaluation of Algerian Dinar
The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.
07/05/1971: Algerian Dinar Pegged to French Franc
The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.
01/10/1964: Introduction of Algerian Dinar
The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.