Historic Namibian dollar Yemeni Rial

Namibian dollar yemeni rial history for December 2023. The highest quote for this month is 13.68 (21/12/2023) and the lowest 13.688 (23/12/2023). The difference between high and low is -0.06.

NAD YER average rate for December 2023 is 13.40757, the change between 01/12/2023 and 31/12/2023 is -1.71 %.

01 December 20231 NAD = 13.36 YER
02 December 20231 NAD = 13.43 YER
03 December 20231 NAD = 13.42 YER
04 December 20231 NAD = 13.43 YER
05 December 20231 NAD = 13.43 YER
06 December 20231 NAD = 13.17 YER
07 December 20231 NAD = 13.22 YER
08 December 20231 NAD = 13.33 YER
10 December 20231 NAD = 13.19 YER
11 December 20231 NAD = 13.17 YER
12 December 20231 NAD = 13.10 YER
13 December 20231 NAD = 13.10 YER
14 December 20231 NAD = 13.09 YER
15 December 20231 NAD = 13.10 YER
16 December 20231 NAD = 13.63 YER
17 December 20231 NAD = 13.63 YER
18 December 20231 NAD = 13.10 YER
19 December 20231 NAD = 13.68 YER
20 December 20231 NAD = 13.68 YER
21 December 20231 NAD = 13.68 YER
22 December 20231 NAD = 13.68 YER
23 December 20231 NAD = 13.58 YER
24 December 20231 NAD = 13.56 YER
25 December 20231 NAD = 13.55 YER
26 December 20231 NAD = 13.55 YER
27 December 20231 NAD = 13.41 YER
28 December 20231 NAD = 13.59 YER
29 December 20231 NAD = 13.59 YER

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

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.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its 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.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

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.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.