Convert Malaysian Ringgit to Namibian Dollar
Please provide values below to convert Malaysian Ringgit [MYR] to Namibian Dollar [NAD], or Convert Namibian Dollar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Namibian Dollar
1 MYR = 0.240876203270962 NAD
Example: convert 15 MYR to NAD:
15 MYR = 15 × 0.240876203270962 NAD = 3.61314304906442 NAD
Malaysian Ringgit to Namibian Dollar Conversion Table
| Malaysian Ringgit | Namibian Dollar |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.