US Dollar to Namibian Dollar — exchange rate

The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.

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.