Euro to Namibian Dollar — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Namibia

Currency Code, Symbol: NAD, N$

Denominations of coins in circulation: 5, 10, 50 cents, N$1, N$5, N$10

Denominations of banknotes in circulation: N$10, N$20, N$30, N$50, N$100, N$200

History: The Namibian dollar (N$) is the national currency of Namibia, a South African republic. The currency is not accepted in other countries. For clarification purposes, it is called NAD on the exchange market.Cents are small coins used as change for the Namibian dollar. Every NAD has 100 cents. The currency has been issued since 1993. Its predecessor was the South African rand. A premise of creating its own currency was the fact that Namibia gained independence and organized its own national bank. These events date back to 1990.Read More