Namibian dollar

Namibian dollar
10 cents, 50 cents, N$1, N$5
ISO 4217
CodeNAD (numeric: 516)
Subunit0.01
Unit
Symbol$, N$
Denominations
Subunit
1100cent
Symbol
centc
BanknotesN$10, N$20, N$30, N$50, N$100, N$200
Coins5c, 10c, 50c, N$1, N$5, N$10
Demographics
Date of introduction15 September 1993
User(s) Namibia (alongside South African rand at a ratio of 1 Dollar to 1 Rand at par)
Issuance
Central bankBank of Namibia
 Websitewww.bon.com.na
Valuation
Inflation6.8%
 SourceThe World Factbook, 2016 est.
Pegged withSouth African rand at par
Old N$10 banknote and coins

The Namibia dollar (symbol: $ or 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 currencies called “dollar.” It is divided into 100 cents.


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