Convert Namibian Dollar to Kuwaiti Dinar
Please provide values below to convert Namibian Dollar [NAD] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Namibian Dollar.
How to Convert Namibian Dollar to Kuwaiti Dinar
1 NAD = 57.5203012442698 KWD
Example: convert 15 NAD to KWD:
15 NAD = 15 × 57.5203012442698 KWD = 862.804518664047 KWD
Namibian Dollar to Kuwaiti Dinar Conversion Table
Namibian Dollar | Kuwaiti Dinar |
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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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.