Pound Sterling to Namibian Dollar — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.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