🇳🇦Namibian Dollar (NAD)
The Namibian dollar was introduced in 1993, three years after independence from South Africa in 1990, replacing the South African rand as the country's own currency. It remains pegged 1:1 to the rand as part of the Common Monetary Area, and the rand continues to circulate freely as legal tender throughout Namibia alongside the local dollar, reflecting the two economies' close and continuing integration.
NAD ⇄ USD Converter
History
The Namibian dollar was introduced in 1993, three years after independence from South Africa in 1990, replacing the South African rand as the country's own currency. It remains pegged 1:1 to the rand as part of the Common Monetary Area, and the rand continues to circulate freely as legal tender throughout Namibia alongside the local dollar, reflecting the two economies' close and continuing integration.
Denominations
Namibian Dollar banknotes commonly circulate in these denominations:
- 10, 20, 50 Namibian dollars — common notes for everyday transactions
- 100, 200 Namibian dollars — higher-value notes
- Coins circulate in 5, 10, 50 cents, plus 1 and 5 Namibian dollars
Frequently Asked Questions
What is the currency symbol for the Namibian dollar?
The Namibian dollar's symbol is N$, to distinguish it from other dollar currencies. Its ISO 4217 currency code is NAD.
Is the Namibian dollar pegged to the South African rand?
Yes, 1:1, as part of the Common Monetary Area alongside Lesotho and Eswatini. The rand also circulates as legal tender throughout Namibia.
Can I pay with South African rand in Namibia?
Yes — rand is accepted everywhere in Namibia at par with the Namibian dollar, though change is typically given in Namibian dollars.
Where can I see rates for other African currencies?
Check the full currency directory on the African Currencies homepage, which covers all 54 African countries.