Australian Dollar to Namibian Dollar

The Australian dollar (symbol: $ ,code: AUD, number 036) is used in Australia, as well as on the Islands of Norfolk, Christmas Island, the Cocos Islands, in Nauru, Tuvalu and Kiribati. It is subdivided into 100 cents. $/A$/AU$ and other abbreviations are used.

The currency was introduced in 1966 to replace the Australian pound. Traditionally, coins and some banknotes depict portraits of the queen Elizabeth II as well as representatives of the fauna of the continent and famous people.

The Namibian dollar (sign N$, code NAD) is the national currency of Namibia, a South African republic. The currency is not accepted in other countries. Cents are small coins used as change for the Namibian dollar.

Every NAD has 100 cents. The currency has been issued since 1993. Its predecessor was the South African rand. A premise of creating its own currency was the fact that Namibia gained independence and organized its own national bank. These events date back to 1990.