Convert Namibian Dollar to Kazakhstani Tenge
Please provide values below to convert Namibian Dollar [NAD] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Namibian Dollar.
How to Convert Namibian Dollar to Kazakhstani Tenge
1 NAD = 0.0328528719028435 KZT
Example: convert 15 NAD to KZT:
15 NAD = 15 × 0.0328528719028435 KZT = 0.492793078542652 KZT
Namibian Dollar to Kazakhstani Tenge Conversion Table
Namibian Dollar | Kazakhstani Tenge |
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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.
Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.