Historic Namibian dollar United States dollar

Namibian dollar united states dollar history for March 2024. The highest quote for this month is 0.053473 (12/03/2024) and the lowest 0.053878 (12/03/2024). The difference between high and low is -0.76.

NAD USD average rate for March 2024 is 0.05302, the change between 01/03/2024 and 31/03/2024 is -3.1 %.

01 March 20241 NAD = 0.0521 USD
03 March 20241 NAD = 0.0523 USD
04 March 20241 NAD = 0.0521 USD
05 March 20241 NAD = 0.0521 USD
06 March 20241 NAD = 0.0521 USD
07 March 20241 NAD = 0.0556 USD
08 March 20241 NAD = 0.0531 USD
10 March 20241 NAD = 0.0535 USD
11 March 20241 NAD = 0.0534 USD
12 March 20241 NAD = 0.0538 USD

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.

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.