Convert Namibian Dollar to Canadian Dollar
Please provide values below to convert Namibian Dollar [NAD] to Canadian Dollar [CAD], or Convert Canadian Dollar to Namibian Dollar.
How to Convert Namibian Dollar to Canadian Dollar
1 NAD = 12.8929908256881 CAD
Example: convert 15 NAD to CAD:
15 NAD = 15 × 12.8929908256881 CAD = 193.394862385321 CAD
Namibian Dollar to Canadian Dollar Conversion Table
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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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.