Namibian dollar
Currency of Namibia / From Wikipedia, the free encyclopedia
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For earlier Namibian currencies, see South West African mark and South West African pound.
The Namibia dollar (symbol: $ or N$; code: NAD) has been the currency of Namibia since 1993. It is normally abbreviated with the dollar sign ($), or alternatively N$ to distinguish it from other currencies called “dollar.” It is divided into 100 cents.
Quick Facts ISO 4217, Code ...
ISO 4217 | |
---|---|
Code | NAD (numeric: 516) |
Subunit | 0.01 |
Unit | |
Symbol | $, N$ |
Denominations | |
Subunit | |
1⁄100 | cent |
Symbol | |
cent | c |
Banknotes | N$10, N$20, N$30, N$50, N$100, N$200 |
Coins | 5c, 10c, 50c, N$1, N$5, N$10 |
Demographics | |
Date of introduction | 15 September 1993 |
User(s) | Namibia (alongside South African rand at a ratio of 1 Dollar to 1 Rand at par) |
Issuance | |
Central bank | Bank of Namibia |
Website | www |
Valuation | |
Inflation | 6.8% |
Source | The World Factbook, 2016 est. |
Pegged with | South African rand at par |
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