Convert Namibian Dollar to Ugandan Shilling
Please provide values below to convert Namibian Dollar [NAD] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Namibian Dollar.
How to Convert Namibian Dollar to Ugandan Shilling
1 NAD = 0.00492579274595301 UGX
Example: convert 15 NAD to UGX:
15 NAD = 15 × 0.00492579274595301 UGX = 0.0738868911892952 UGX
Namibian Dollar to Ugandan Shilling Conversion Table
Namibian Dollar | Ugandan Shilling |
---|
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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.