Namibian Dollar

The Namibian dollar (NAD) is the official currency of Namibia. It is divided into 100 cents. The dollar was introduced in 1993, replacing the South African rand. The Namibian dollar is pegged to the South African rand, and both currencies are legal tender in Namibia. Namibia is a country located in southern Africa. It is bordered by Angola and Zambia to the north, Botswana to the east and South Africa to the south and west. Namibia is a desert country and is one of the driest in the world. Despite this, it is home to a diverse range of wildlife, including elephants, lions, cheetahs and rhinos. The Namibian economy is heavily dependent on mining, agriculture and tourism. Namibia is a major producer of diamonds, uranium, copper and zinc. It is also a major exporter of beef. Tourism is also an important sector, with visitors coming to see the country's wildlife and landscapes. The Namibian dollar was introduced in 1993, replacing the South African rand. The rand was still used in Namibia until the Namibian dollar was introduced. The Namibian dollar is pegged to the South African rand, and both currencies are legal tender in Namibia. The Namibian dollar is divided into 100 cents. One Namibian dollar is worth 0.71 US dollars.