Namibian dollar new zealand dollar exchange rate history (NAD NZD) October 2023

Namibian dollar new zealand dollar history for October 2023. The highest quote for this month is 0.09141 (31/10/2023) and the lowest 0.09154 (28/10/2023). The difference between high and low is -0.14.

NAD NZD average rate for October 2023 is 0.08839, the change between 01/10/2023 and 31/10/2023 is +3.82 %.

01 October 2023	1 NAD = 0.0882 NZD
02 October 2023	1 NAD = 0.0882 NZD
03 October 2023	1 NAD = 0.0877 NZD
05 October 2023	1 NAD = 0.0875 NZD
06 October 2023	1 NAD = 0.0868 NZD
09 October 2023	1 NAD = 0.0859 NZD
10 October 2023	1 NAD = 0.0851 NZD
11 October 2023	1 NAD = 0.0849 NZD
12 October 2023	1 NAD = 0.0883 NZD
13 October 2023	1 NAD = 0.0898 NZD
16 October 2023	1 NAD = 0.0893 NZD
17 October 2023	1 NAD = 0.0903 NZD
18 October 2023	1 NAD = 0.0904 NZD
19 October 2023	1 NAD = 0.0909 NZD
20 October 2023	1 NAD = 0.0904 NZD
21 October 2023	1 NAD = 0.0906 NZD
22 October 2023	1 NAD = 0.0904 NZD
23 October 2023	1 NAD = 0.0903 NZD
24 October 2023	1 NAD = 0.0900 NZD
25 October 2023	1 NAD = 0.0901 NZD
26 October 2023	1 NAD = 0.0855 NZD
27 October 2023	1 NAD = 0.0850 NZD
28 October 2023	1 NAD = 0.0914 NZD
29 October 2023	1 NAD = 0.0914 NZD
30 October 2023	1 NAD = 0.0853 NZD
31 October 2023	1 NAD = 0.0848 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

30/08/1993: 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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic Namibian dollar New Zealand Dollar