Namibia Currency:
The
Namibian Dollar (NAD or N$) is the title of the Namibian Currency.
The currency was introduced in 1993 and to replace the South African
Rand.
The currency is attached to the rand at a rate
of one-to-one. One dollar is equivalent to 100 cents.
Denominations: coins exist for 5, 10, 50 cents and 1 and 5
N$. Banknotes are available for 10, 20, 50, 100 and 200 N$.
At the time of writing (August 2006), One US$ was equivalent
to N$ 7.0454; One British Pound was equal to N$ 12.9849 and One
Euro was equivalent to N$ 9.00206. Exchange rates for the Namibian
dollar against major currencies can be found using a number of
online resources such as yahoo finance. When in the country;
some hotels and banks offer foreign exchange services. There
are also foreign exchange bureaus including at the Windhoek International
Airport.
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