Convert Namibian Dollar to Bulgarian Lev
Please provide values below to convert Namibian Dollar [NAD] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Namibian Dollar.
How to Convert Namibian Dollar to Bulgarian Lev
1 NAD = 10.5341208923003 BGN
Example: convert 15 NAD to BGN:
15 NAD = 15 × 10.5341208923003 BGN = 158.011813384505 BGN
Namibian Dollar to Bulgarian Lev Conversion Table
| Namibian Dollar | Bulgarian Lev |
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.