Namibian Dollar to Malaysian Ringgit

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.

The Malaysian ringgit (symbol: RM, codes: MYR and 458) is the official currency of Malaysia. One ringgit is subdivided into 100 sens (cents). The name of the currency is translated from Malay as "jagged.

" The banknotes depict the first head of the independent Malaysia King Tuanku Abdul Rahman. The contemporary currency replaced the Malaysian dollar, which was in use from 1967 through 1976. The currency shows low inflation - 1.1% as of autumn 2019. Until 1973 Brunei and Singaporean money were accepted in the country.