Convert Namibian Dollar to Thai Baht
Please provide values below to convert Namibian Dollar [NAD] to Thai Baht [THB], or Convert Thai Baht to Namibian Dollar.
How to Convert Namibian Dollar to Thai Baht
1 NAD = 0.545336296976959 THB
Example: convert 15 NAD to THB:
15 NAD = 15 × 0.545336296976959 THB = 8.18004445465439 THB
Namibian Dollar to Thai Baht Conversion Table
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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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.