Convert Namibian Dollar to Argentine Peso
Please provide values below to convert Namibian Dollar [NAD] to Argentine Peso [ARS], or Convert Argentine Peso to Namibian Dollar.
How to Convert Namibian Dollar to Argentine Peso
1 NAD = 0.0138738873926882 ARS
Example: convert 15 NAD to ARS:
15 NAD = 15 × 0.0138738873926882 ARS = 0.208108310890323 ARS
Namibian Dollar to Argentine Peso Conversion Table
| Namibian Dollar | Argentine Peso |
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.