Historic Namibian dollar Australian dollar

Namibian dollar australian dollar history for February 2024. The highest quote for this month is 0.082724 (01/02/2024) and the lowest 0.082779 (03/02/2024). The difference between high and low is -0.07.

NAD AUD average rate for February 2024 is 0.08064, the change between 01/02/2024 and 29/02/2024 is +2.94 %.

01 February 20241 NAD = 0.0821 AUD
02 February 20241 NAD = 0.0818 AUD
03 February 20241 NAD = 0.0812 AUD
04 February 20241 NAD = 0.0812 AUD
05 February 20241 NAD = 0.0827 AUD
06 February 20241 NAD = 0.0809 AUD
07 February 20241 NAD = 0.0813 AUD
08 February 20241 NAD = 0.0811 AUD
09 February 20241 NAD = 0.0812 AUD
12 February 20241 NAD = 0.0806 AUD
13 February 20241 NAD = 0.0805 AUD
14 February 20241 NAD = 0.0810 AUD
15 February 20241 NAD = 0.0808 AUD
16 February 20241 NAD = 0.0808 AUD
17 February 20241 NAD = 0.0812 AUD
18 February 20241 NAD = 0.0811 AUD
19 February 20241 NAD = 0.0807 AUD
20 February 20241 NAD = 0.0811 AUD
21 February 20241 NAD = 0.0807 AUD
22 February 20241 NAD = 0.0807 AUD
23 February 20241 NAD = 0.0795 AUD
24 February 20241 NAD = 0.0789 AUD
25 February 20241 NAD = 0.0789 AUD
26 February 20241 NAD = 0.0794 AUD
27 February 20241 NAD = 0.0791 AUD
28 February 20241 NAD = 0.0791 AUD
29 February 20241 NAD = 0.0797 AUD

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$'.