Convert Mexican Peso to Namibian Dollar
Please provide values below to convert Mexican Peso [MXN] to Namibian Dollar [NAD], or Convert Namibian Dollar to Mexican Peso.
How to Convert Mexican Peso to Namibian Dollar
1 MXN = 1.0613376445206 NAD
Example: convert 15 MXN to NAD:
15 MXN = 15 × 1.0613376445206 NAD = 15.920064667809 NAD
Mexican Peso to Namibian Dollar Conversion Table
| Mexican Peso | Namibian Dollar |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.