Convert Namibian Dollar to Algerian Dinar
Please provide values below to convert Namibian Dollar [NAD] to Algerian Dinar [DZD], or Convert Algerian Dinar to Namibian Dollar.
How to Convert Namibian Dollar to Algerian Dinar
1 NAD = 0.135127526040204 DZD
Example: convert 15 NAD to DZD:
15 NAD = 15 × 0.135127526040204 DZD = 2.02691289060306 DZD
Namibian Dollar to Algerian Dinar Conversion Table
| Namibian Dollar | Algerian Dinar |
|---|
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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.