Convert Namibian Dollar to Norwegian Krone
Please provide values below to convert Namibian Dollar [NAD] to Norwegian Krone [NOK], or Convert Norwegian Krone to Namibian Dollar.
How to Convert Namibian Dollar to Norwegian Krone
1 NAD = 1.73724757214344 NOK
Example: convert 15 NAD to NOK:
15 NAD = 15 × 1.73724757214344 NOK = 26.0587135821515 NOK
Namibian Dollar to Norwegian Krone Conversion Table
Namibian Dollar | Norwegian Krone |
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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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.