Convert Namibian Dollar to Armenian Dram
Please provide values below to convert Namibian Dollar [NAD] to Armenian Dram [AMD], or Convert Armenian Dram to Namibian Dollar.
How to Convert Namibian Dollar to Armenian Dram
1 NAD = 0.0457403014688077 AMD
Example: convert 15 NAD to AMD:
15 NAD = 15 × 0.0457403014688077 AMD = 0.686104522032115 AMD
Namibian Dollar to Armenian Dram Conversion Table
| Namibian Dollar | Armenian Dram |
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.