Convert Canadian Dollar to Namibian Dollar
Please provide values below to convert Canadian Dollar [CAD] to Namibian Dollar [NAD], or Convert Namibian Dollar to Canadian Dollar.
How to Convert Canadian Dollar to Namibian Dollar
1 CAD = 0.0775615226536572 NAD
Example: convert 15 CAD to NAD:
15 CAD = 15 × 0.0775615226536572 NAD = 1.16342283980486 NAD
Canadian Dollar to Namibian Dollar Conversion Table
Canadian Dollar | Namibian Dollar |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.