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Home » Africa and Middle East » Does Namibia have its own currency?

Does Namibia have its own currency?

December 14, 2021 by Bridget Gibson

The NAD (Namibian Dollar) is the national currency of Namibia. It was introduced in September 1993, replacing the South African rand (ZAR), which had been in use by the county since 1990.

Contents

How much is $100 in Namibian dollars?

Are you overpaying your bank?

Conversion rates US Dollar / Namibian Dollar
10 USD 161.47500 NAD
20 USD 322.95000 NAD
50 USD 807.37500 NAD
100 USD 1614.75000 NAD

How much is a dollar in Namibia?

Exchange Rate Today For Converting Dollars to Namibian Dollars – 1 USD = 75.101 NAD

Convert USD: 1 10
Into NAD: 16.17 161.66

Do they accept Rand in Namibia?

South African Rand. Both these currencies can be used freely in Namibia, but the Namibian Dollar is not legal tender in South Africa. To avoid additional exchange rate charges, travelers are advised to take traveler’s checks in US Dollars or South African Rand.

How much is $20 in Namibian dollars?

Are you overpaying your bank?

Conversion rates US Dollar / Namibian Dollar
20 USD 322.46400 NAD
50 USD 806.16000 NAD
100 USD 1612.32000 NAD
250 USD 4030.80000 NAD

Can I use US dollars in Namibia?

If you’re travelling to Namibia after spending time in South Africa, this South African currency, is accepted all over Namibia (although Namibian currency is not accepted in South Africa).Euro, British Pounds, US Dollars and other major currencies may be traded locally or in advance of departure.

What is Namibia money?

Namibian dollarSouth African rand

Is Namibia rich or poor?

Overview. Namibia is a higher-middle-income country with an estimated annual GDP per capita of US$5,828 but has extreme inequalities in income distribution and standard of living.

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Is Namibia a wealthy country?

Namibia – $11,528
Namibia can be found in Southern Africa. With a per capita GDP of $11,528, it is the tenth richest country in Africa. Mining, agriculture, manufacturing, and tourism all play significant roles in the country’s economy. Namibia is sparsely populated, with a population of around 2 million.

How much does a house cost in Namibia?

How much does it cost to build a house in Namibia? Using August 2018 prices, construction of a standard three-bedroom house will cost on average N$ 432,900 in Windhoek, while in Keetmanshoop it will cost N$330,950 due to varying land prices (see figure 4 below).

What language is spoken in Namibia?

English

Is Namibia expensive to visit?

Namibia is one of the cheapest countries in Africa. It uses the Namibian dollar (NAD), which is around 1:1 with the South African rand, and all prices are about on par with South Africa. Depending on your chosen method of transport and accommodation preference, Namibia can easily be done on a budget.

How does Namibia money look?

The Namibian dollar (symbol: N$; code: NAD) has been the currency of Namibia since 1993. It is normally abbreviated with the dollar sign $, or alternatively N$ to distinguish it from other dollar-denominated currencies.

Namibian dollar
10 cents, 50 cents, N$1, N$5
ISO 4217
Code NAD
Denominations

How much is $25 in Namibian dollars?

Convert US Dollar to Namibian Dollar

USD NAD
5 USD 79.4665 NAD
10 USD 158.933 NAD
25 USD 397.333 NAD
50 USD 794.665 NAD

How much money should I take to Namibia?

You should plan to spend around N$1,114 ($75) per day on your vacation in Namibia, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, N$97 ($6.52) on meals for one day and N$200 ($14) on local transportation.

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What is the Tanzania currency?

Tanzanian shillingThe Tanzanian shilling (TZS) is the currency of United Republic of Tanzania, replacing the East African shilling in 1966. 1 shilling is composed of 100 senti, with banknotes and coins in circulation in denominations of 500 up to 10,000 shilling.

What is Swaziland currency?

Swazi lilangeniSouth African randThe Swazi lilangeni (SZL) is the African nation of Eswatini’s (formerly Swaziland) official currency. The SZL was introduced in 1974 and remains pegged to the South African rand.

How much is a loaf of bread in Namibia?

Cost of Living in Namibia

Restaurants Edit
Water (12 oz small bottle) 12.07N$
Markets Edit
Milk (regular), (1 gallon) 71.22N$
Loaf of Fresh White Bread (1 lb) 9.53N$

How much is a Zim dollar to a Rand?

Convert Zimbabwean Dollar to South African Rand

ZWD ZAR
1 ZWD 0.0446054 ZAR
5 ZWD 0.223027 ZAR
10 ZWD 0.446054 ZAR
25 ZWD 1.11514 ZAR

Can a South African buy property in Namibia?

The Namibia currency is pegged to the SA rand which you can use in the country.South Africans are free to buy residential property in the country. Henties Bay is 70kms north of Swakopmund and easily accessible via the new tarred road.

Is Namibia a good place to live?

Is Namibia a safe place to live? Namibia is generally a very safe country, especially compared to neighboring South Africa. Still, the high rate of poverty and unemployment leads to a fair amount of opportunistic crime. The most common types of crimes are pickpocketing, purse-snatching, and vehicle theft and break-ins.

Filed Under: Africa and Middle East

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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