Convert New Taiwan Dollar to Namibian Dollar
Please provide values below to convert New Taiwan Dollar [TWD] to Namibian Dollar [NAD], or Convert Namibian Dollar to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Namibian Dollar
1 TWD = 1.67162870658689 NAD
Example: convert 15 TWD to NAD:
15 TWD = 15 × 1.67162870658689 NAD = 25.0744305988034 NAD
New Taiwan Dollar to Namibian Dollar Conversion Table
| New Taiwan Dollar | Namibian Dollar |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange 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.