Historic Namibian dollar Swiss franc

Namibian dollar swiss franc history for December 2023. The highest quote for this month is 0.047674 (18/12/2023) and the lowest 0.047437 (18/12/2023). The difference between high and low is 0.5.

NAD CHF average rate for December 2023 is 0.04641, the change between 01/12/2023 and 31/12/2023 is +1.9 %.

01 December 20231 NAD = 0.0468 CHF
02 December 20231 NAD = 0.0467 CHF
03 December 20231 NAD = 0.0466 CHF
04 December 20231 NAD = 0.0467 CHF
05 December 20231 NAD = 0.0469 CHF
06 December 20231 NAD = 0.0461 CHF
07 December 20231 NAD = 0.0463 CHF
08 December 20231 NAD = 0.0467 CHF
10 December 20231 NAD = 0.0464 CHF
11 December 20231 NAD = 0.0464 CHF
12 December 20231 NAD = 0.0460 CHF
13 December 20231 NAD = 0.0459 CHF
14 December 20231 NAD = 0.0456 CHF
15 December 20231 NAD = 0.0454 CHF
18 December 20231 NAD = 0.0456 CHF
19 December 20231 NAD = 0.0475 CHF
20 December 20231 NAD = 0.0471 CHF
21 December 20231 NAD = 0.0472 CHF
22 December 20231 NAD = 0.0469 CHF
23 December 20231 NAD = 0.0464 CHF
24 December 20231 NAD = 0.0464 CHF
25 December 20231 NAD = 0.0466 CHF
26 December 20231 NAD = 0.0466 CHF
27 December 20231 NAD = 0.0458 CHF
28 December 20231 NAD = 0.0458 CHF
29 December 20231 NAD = 0.0459 CHF

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

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.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official 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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.