Convert Namibian Dollar to Saudi Riyal
Please provide values below to convert Namibian Dollar [NAD] to Saudi Riyal [SAR], or Convert Saudi Riyal to Namibian Dollar.
How to Convert Namibian Dollar to Saudi Riyal
1 NAD = 4.68445333333333 SAR
Example: convert 15 NAD to SAR:
15 NAD = 15 × 4.68445333333333 SAR = 70.2668 SAR
Namibian Dollar to Saudi Riyal Conversion Table
| Namibian Dollar | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.