Key facts
- Code
- NAD (numeric: 516 )
- Symbol
- $ , N$
- 1 100
- cent
- Cent
- c
- Banknotes
- N$10, N$20, N$30, N$50, N$60, N$100, N$200
- Coins
- 5c, 10c, 50c, N$1, N$5, N$10
- Date of introduction
- 15 September 1993
- User s
- Namibia (alongside South African rand at a ratio of 1 Dollar to 1 Rand at par)
- Central bank
- Bank of Namibia
- Website
- www .bon .com .na
- Inflation
- 6.8%
- Source
- The World Factbook , 2016 est.
- Pegged with
Article
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.
History