Namibian dollar
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1 NAD = 0.086 AUD
1 AUD = 11.600 NAD
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1 NAD = 57.803 ARS
1 ARS = 0.017 NAD
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1 NAD = 160.862 BIF
1 BIF = 0.006 NAD
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1 NAD = 0.020 BHD
1 BHD = 48.922 NAD
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1 NAD = 0.375 BOB
1 BOB = 2.666 NAD
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1 NAD = 0.092 AZN
1 AZN = 10.847 NAD
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1 NAD = 4.735 BTN
1 BTN = 0.211 NAD
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1 NAD = 27.148 CRC
1 CRC = 0.037 NAD
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1 NAD = 1.250 CZK
1 CZK = 0.800 NAD
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1 NAD = 0.393 CNY
1 CNY = 2.545 NAD
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1 NAD = 0.372 DKK
1 DKK = 2.688 NAD
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1 NAD = 7.119 ETB
1 ETB = 0.140 NAD
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1 NAD = 469.430 GNF
1 GNF = 0.002 NAD
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1 NAD = 0.376 HRK
1 HRK = 2.662 NAD
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1 NAD = 890.477 IDR
1 IDR = 0.001 NAD
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1 NAD = 8.530 JMD
1 JMD = 0.117 NAD
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1 NAD = 4.742 KGS
1 KGS = 0.211 NAD
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1 NAD = 0.097 BAM
1 BAM = 10.267 NAD
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1 NAD = 0.098 ANG
1 ANG = 10.221 NAD
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1 NAD = 0.744 BWP
1 BWP = 1.344 NAD
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1 NAD = 0.072 BND
1 BND = 13.805 NAD
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1 NAD = 155.484 CDF
1 CDF = 0.006 NAD
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1 NAD = 0.109 BZD
1 BZD = 9.170 NAD
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1 NAD = 1773.319 BYR
1 BYR = 0.001 NAD
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1 NAD = 0.098 BGN
1 BGN = 10.253 NAD
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1 NAD = 0.078 CAD
1 CAD = 12.816 NAD
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1 NAD = 7.231 DZD
1 DZD = 0.138 NAD
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1 NAD = 0.813 ERN
1 ERN = 1.229 NAD
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1 NAD = 2.748 EGP
1 EGP = 0.364 NAD
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1 NAD = 0.125 FJD
1 FJD = 8.025 NAD
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1 NAD = 0.042 GBP
1 GBP = 23.875 NAD
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1 NAD = 0.042 FKP
1 FKP = 23.875 NAD
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1 NAD = 0.419 GTQ
1 GTQ = 2.389 NAD
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1 NAD = 0.421 HKD
1 HKD = 2.373 NAD
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1 NAD = 19.916 HUF
1 HUF = 0.050 NAD
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1 NAD = 71.118 IQD
1 IQD = 0.014 NAD
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1 NAD = 2283.080 IRR
1 IRR = 0.000 NAD
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1 NAD = 24.504 KMF
1 KMF = 0.041 NAD
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1 NAD = 78.919 KRW
1 KRW = 0.013 NAD
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1 NAD = 4.958 ALL
1 ALL = 0.202 NAD
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1 NAD = 6.597 BDT
1 BDT = 0.152 NAD
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1 NAD = 0.098 AWG
1 AWG = 10.244 NAD
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1 NAD = 0.315 BRL
1 BRL = 3.179 NAD
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1 NAD = 0.000 BCH
1 BCH = 6169.287 NAD
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1 NAD = 0.000 BTC
1 BTC = 1536666.667 NAD
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1 NAD = 0.199 AED
1 AED = 5.021 NAD
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1 NAD = 49.548 AOA
1 AOA = 0.020 NAD
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1 NAD = 0.054 BSD
1 BSD = 18.440 NAD
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1 NAD = 50.927 CLP
1 CLP = 0.020 NAD
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1 NAD = 0.178 BYN
1 BYN = 5.628 NAD
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1 NAD = 224.592 COP
1 COP = 0.004 NAD
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1 NAD = 1.396 CUP
1 CUP = 0.716 NAD
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1 NAD = 0.000 ETH
1 ETH = 34726.930 NAD
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1 NAD = 0.050 EUR
1 EUR = 20.050 NAD
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1 NAD = 1.388 HNL
1 HNL = 0.720 NAD
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1 NAD = 3.905 GMD
1 GMD = 0.256 NAD
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1 NAD = 0.042 GIP
1 GIP = 23.875 NAD
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1 NAD = 7.120 HTG
1 HTG = 0.140 NAD
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1 NAD = 0.038 JOD
1 JOD = 25.997 NAD
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1 NAD = 8.022 JPY
1 JPY = 0.125 NAD
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1 NAD = 3.843 AFN
1 AFN = 0.260 NAD
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1 NAD = 0.108 BBD
1 BBD = 9.220 NAD
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1 NAD = 0.054 BMD
1 BMD = 18.440 NAD
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1 NAD = 21.311 AMD
1 AMD = 0.047 NAD
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1 NAD = 0.048 CHF
1 CHF = 20.918 NAD
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1 NAD = 9.668 DJF
1 DJF = 0.103 NAD
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1 NAD = 3.405 DOP
1 DOP = 0.294 NAD
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1 NAD = 5.491 CVE
1 CVE = 0.182 NAD
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1 NAD = 0.150 GEL
1 GEL = 6.645 NAD
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1 NAD = 0.842 GHS
1 GHS = 1.188 NAD
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1 NAD = 11.358 GYD
1 GYD = 0.088 NAD
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1 NAD = 0.198 ILS
1 ILS = 5.048 NAD
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1 NAD = 4.720 INR
1 INR = 0.212 NAD
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1 NAD = 7.306 ISK
1 ISK = 0.137 NAD
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1 NAD = 217.587 KHR
1 KHR = 0.005 NAD
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1 NAD = 7.020 KES
1 KES = 0.142 NAD
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1 NAD = 0.017 KWD
1 KWD = 59.857 NAD
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1 NAD = 26.685 KZT
1 KZT = 0.037 NAD
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1 NAD = 16.037 LKR
1 LKR = 0.062 NAD
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1 NAD = 0.526 MAD
1 MAD = 1.902 NAD
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1 NAD = 113.774 MMK
1 MMK = 0.009 NAD
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1 NAD = 184.273 MNT
1 MNT = 0.005 NAD
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1 NAD = 2.445 MUR
1 MUR = 0.409 NAD
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1 NAD = 21.619 MRO
1 MRO = 0.046 NAD
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1 NAD = 0.836 MVR
1 MVR = 1.197 NAD
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1 NAD = 94.137 MWK
1 MWK = 0.011 NAD
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1 NAD = 0.095 NZD
1 NZD = 10.521 NAD
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1 NAD = 7.576 NPR
1 NPR = 0.132 NAD
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1 NAD = 3.111 PHP
1 PHP = 0.321 NAD
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1 NAD = 15.204 PKR
1 PKR = 0.066 NAD
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1 NAD = 77.283 RWF
1 RWF = 0.013 NAD
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1 NAD = 0.001 LTC
1 LTC = 1651.442 NAD
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1 NAD = 1.095 MXN
1 MXN = 0.913 NAD
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1 NAD = 1.998 NIO
1 NIO = 0.500 NAD
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1 NAD = 0.248 RON
1 RON = 4.029 NAD
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1 NAD = 48.807 KPW
1 KPW = 0.020 NAD
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1 NAD = 0.045 KYD
1 KYD = 22.104 NAD
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1 NAD = 4865.098 LBP
1 LBP = 0.000 NAD
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1 NAD = 0.261 LYD
1 LYD = 3.827 NAD
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1 NAD = 1175.477 LAK
1 LAK = 0.001 NAD
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1 NAD = 253.046 MGA
1 MGA = 0.004 NAD
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1 NAD = 10.858 LRD
1 LRD = 0.092 NAD
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1 NAD = 3.067 MKD
1 MKD = 0.326 NAD
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1 NAD = 1.000 LSL
1 LSL = 1.000 NAD
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1 NAD = 0.434 MOP
1 MOP = 2.302 NAD
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1 NAD = 0.965 MDL
1 MDL = 1.037 NAD
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1 NAD = 1.000 NAD
1 NAD = 1.000 NAD
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1 NAD = 0.240 MYR
1 MYR = 4.159 NAD
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1 NAD = 0.021 OMR
1 OMR = 47.894 NAD
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1 NAD = 83.302 NGN
1 NGN = 0.012 NAD
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1 NAD = 0.219 PGK
1 PGK = 4.576 NAD
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1 NAD = 0.054 PAB
1 PAB = 18.440 NAD
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1 NAD = 0.199 PEN
1 PEN = 5.028 NAD
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1 NAD = 0.579 NOK
1 NOK = 1.728 NAD
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1 NAD = 0.209 PLN
1 PLN = 4.782 NAD
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1 NAD = 430.543 PYG
1 PYG = 0.002 NAD
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1 NAD = 0.198 QAR
1 QAR = 5.057 NAD
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1 NAD = 0.456 SBD
1 SBD = 2.192 NAD
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1 NAD = 0.203 SAR
1 SAR = 4.916 NAD
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1 NAD = 0.072 SGD
1 SGD = 13.820 NAD
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1 NAD = 1137.175 SLL
1 SLL = 0.001 NAD
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1 NAD = 1.832 THB
1 THB = 0.546 NAD
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1 NAD = 1.789 TWD
1 TWD = 0.559 NAD
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1 NAD = 2.256 UAH
1 UAH = 0.443 NAD
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1 NAD = 199.061 UGX
1 UGX = 0.005 NAD
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1 NAD = 1.961 SRD
1 SRD = 0.510 NAD
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1 NAD = 1208.341 STD
1 STD = 0.001 NAD
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1 NAD = 1.985 TRY
1 TRY = 0.504 NAD
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1 NAD = 0.368 TTD
1 TTD = 2.714 NAD
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1 NAD = 0.131 TOP
1 TOP = 7.657 NAD
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1 NAD = 702.061 UZS
1 UZS = 0.001 NAD
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1 NAD = 13.381 YER
1 YER = 0.075 NAD
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1 NAD = 0.996 ZAR
1 ZAR = 1.004 NAD
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1 NAD = 5.839 RSD
1 RSD = 0.171 NAD
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1 NAD = 4.695 RUB
1 RUB = 0.213 NAD
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1 NAD = 31.027 SOS
1 SOS = 0.032 NAD
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1 NAD = 0.475 SVC
1 SVC = 2.105 NAD
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1 NAD = 705.098 SYP
1 SYP = 0.001 NAD
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1 NAD = 1.000 SZL
1 SZL = 1.000 NAD
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1 NAD = 0.167 TND
1 TND = 5.979 NAD
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1 NAD = 2.301 UYU
1 UYU = 0.435 NAD
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1 NAD = 1382.890 VND
1 VND = 0.001 NAD
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1 NAD = 6.438 VUV
1 VUV = 0.155 NAD
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1 NAD = 0.152 WST
1 WST = 6.586 NAD
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1 NAD = 32.716 XAF
1 XAF = 0.031 NAD
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1 NAD = 0.147 XCD
1 XCD = 6.823 NAD
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1 NAD = 0.779 SCR
1 SCR = 1.283 NAD
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1 NAD = 0.550 SEK
1 SEK = 1.819 NAD
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1 NAD = 0.042 SHP
1 SHP = 23.875 NAD
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1 NAD = 144.252 TZS
1 TZS = 0.007 NAD
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1 NAD = 0.054 USD
1 USD = 18.440 NAD
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1 NAD = 5.952 XPF
1 XPF = 0.168 NAD
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1 NAD = 32.716 XOF
1 XOF = 0.031 NAD
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Evolution of the NAD Exchange Rate
The Namibian dollar (NAD) has experienced various fluctuations in its exchange rate over time. Since its introduction in 1993, the NAD has generally remained relatively stable against major currencies. However, it has faced some periods of depreciation against the US dollar and other major currencies due to factors such as global economic conditions, political developments, and changes in commodity prices.
Variations in the NAD Exchange Rate
The NAD exchange rate has shown both upward and downward movements over time. It has been influenced by factors such as inflation rates, interest rates, foreign direct investment, and trade balances. During periods of economic growth and stability, the NAD has generally appreciated against major currencies. Conversely, during times of economic uncertainty or external shocks, it may depreciate as investors seek safer havens.
Significance of NAD in the Global Economy
The NAD, being the official currency of Namibia, plays a crucial role in its domestic economy. It facilitates trade, investment, and financial transactions within the country. However, in the global economy, the NAD holds limited significance due to Namibia's relatively small economy and low global trade volume. Its impact on global financial markets is minimal, and it is not widely held as a reserve currency by central banks.
Shocks Experienced by NAD and Correlation with Other Currencies
The NAD is vulnerable to external shocks, such as changes in global commodity prices, geopolitical events, and fluctuations in investor sentiment. As an export-oriented economy, Namibia is particularly sensitive to commodity price movements, especially for minerals like diamonds and uranium. The NAD has shown a moderate positive correlation with major currencies like the South African rand (ZAR) due to their close economic ties and shared customs union agreement.