Namibian Dollar

Namibian Dollar

Namibian Dollar overview

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.

1 NAD to USD exchange rates chart

NAD to  exchange rates chart

Namibian Dollar 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
Gawanas-Vugs holds no grudges against Mutorwa
Gawanas-Vugs holds no grudges against Mutorwa

REINSTATED Namibia Airports Company board deputy chairperson Beverly Gawanas-Vugs says she is looking forward to a productive relationship with minister John Mutorwa, despite the two having clashed over her recent removal from the board.

indicative negative
Worried Zimbabweans fill up cars and stockpile goods
Worried Zimbabweans fill up cars and stockpile goods

HARARE – Zimbabwe's central bank governor sought to reassure the public on Saturday as people again formed long queues to fill up their cars in the capital, with others panic-buying basic goods like cooking oil and sugar.

indicative negative
Works says cannot stop railway, roads contracts
Works says cannot stop railway, roads contracts

THE postponement of awarding two multibillion-dollar rail and roads contracts to foreign contractors is hanging in the balance as the works and finance ministries have passed the buck to each other on who should be stopping it.

indicative negative
AfDB sympathetic to local companies
AfDB sympathetic to local companies

THE African Development Bank has sympathised with Namibian companies that might not benefit from the multimillion-dollar tender deals, finance minister Calle Schlettwein said yesterday.

indicative negative
Reusable goody bag for Cycle Classic participants

WINDHOEK – With the support of leading local retail chain Pick n Pay Namibia, entrants for the cycling races and runs of Cycle Classic as well as Kiddies Classic are to receive a reusable goody bag, as opposed to the past where participants only received plastic-type goody bags.

conditional neutral

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