United States dollar namibian dollar history for July 2023. The highest quote for this month is 18.78 (05/07/2023) and the lowest 18.78 (05/07/2023). The difference between high and low is 0.
USD NAD average rate for July 2023 is 18.12, the change between 01/07/2023 and 31/07/2023 is +6.18 %.
05 July 2023 | 1 USD = 18.78 NAD |
25 July 2023 | 1 USD = 17.96 NAD |
31 July 2023 | 1 USD = 17.62 NAD |
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.