Historic Australian dollar Namibian dollar

Australian dollar namibian dollar history for February 2024. The highest quote for this month is 12.85 (13/02/2024) and the lowest 12.692 (27/02/2024). The difference between high and low is 1.23.

AUD NAD average rate for February 2024 is 12.40256, the change between 01/02/2024 and 29/02/2024 is -3.03 %.

01 February 20241 AUD = 12.19 NAD
02 February 20241 AUD = 12.22 NAD
03 February 20241 AUD = 12.31 NAD
04 February 20241 AUD = 12.32 NAD
05 February 20241 AUD = 12.09 NAD
06 February 20241 AUD = 12.36 NAD
07 February 20241 AUD = 12.30 NAD
08 February 20241 AUD = 12.33 NAD
09 February 20241 AUD = 12.32 NAD
12 February 20241 AUD = 12.41 NAD
13 February 20241 AUD = 12.42 NAD
14 February 20241 AUD = 12.35 NAD
15 February 20241 AUD = 12.38 NAD
16 February 20241 AUD = 12.37 NAD
17 February 20241 AUD = 12.31 NAD
18 February 20241 AUD = 12.33 NAD
19 February 20241 AUD = 12.40 NAD
20 February 20241 AUD = 12.32 NAD
21 February 20241 AUD = 12.39 NAD
22 February 20241 AUD = 12.39 NAD
23 February 20241 AUD = 12.58 NAD
24 February 20241 AUD = 12.67 NAD
25 February 20241 AUD = 12.67 NAD
26 February 20241 AUD = 12.59 NAD
27 February 20241 AUD = 12.64 NAD
28 February 20241 AUD = 12.65 NAD
29 February 20241 AUD = 12.55 NAD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

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.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.