Namibian Dollar

Namibian Dollar

The Namibia dollar (symbol: $; code: NAD; Afrikaans: Namibiese dollar) has been the currency of Namibia since 1993. It is normally abbreviated with the dollar sign $, or alternatively N$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

14 Namibian Dollar to US Dollar exchange rates chart

14 NAD to USD exchange rates graph
14 NAD to USD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

14 NAD to USD exchange rates table

Exchange NAD to USD
14 Namibian Dollar = 0.991 US Dollar
28 Namibian Dollar = 1.982 US Dollar
70 Namibian Dollar = 4.955 US Dollar
140 Namibian Dollar = 9.911 US Dollar
Exchange Namibian Dollar to US Dollar
14 Namibian Dollar to US Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

14 NAD to USD exchange rates news

Malaria nets for rural Namibia
Malaria nets for rural Namibia

THE JC Flowers Foundation, which is working towards eliminating malaria in southern Africa, has joined forces with German company Badische Anilin und Soda Fabrik (BASF), a leading chemical producer to deliver 26 000 Interceptor® long-lasting, insecticide-treated mosquito nets to rural Namibia.

indicative positive
Fuel prices to go up for the fifth time this year

The minister of Mines and Energy Tom Alweendo this week announced that the price of fuel will increase for the fifth time this year.

conditional neutral
Fuel prices up for eigth consecutive time
Fuel prices up for eigth consecutive time

MINES and energy minister Tom Alweendo yesterday announced that fuel prices are set to increase by 50 cents for 95 Octane petrol and 70 cents for diesel tomorrow.

indicative neutral
Mutorwa's NAC director removal branded illegal
Mutorwa's NAC director removal branded illegal

LAWYER Sisa Namandje said he will file urgent court papers today to challenge the decision by works minister John Mutorwa to fire a former Namibia Airports Company director.

indicative negative
There's something behind this market sell-off that no one is talking about: The strong dollar

Stocks investors are spooked about a lot of things, and the strong dollar biting into earnings growth is now one of them.

indicative neutral
The Dollar Keeps Getting Stronger. Here’s What That Means for You.

On Monday, the US dollar reached its highest level in a year and a half, as measured against a weighted basket of foreign currencies. You can now buy a Euro for just $1.12, and a British Pound for $1.29. What does that mean for Americans?

conditional positive
Rupee drops 39 paise against US dollar as crude oil rebounds - Times of India

India Business News: Cutting short the 10-day selling trend, crude oil prices rose by around 1% to touch $71 per barrel mark after the world's largest oil exporter Saudi A

indicative negative
Rupee recovers 22 paise to 72.67 against US dollar

Positive macro data which showed retail inflation dropping to a 13-month low in October also bolstered the market sentiment.

indicative negative

14 NAD to USD currency converter